Bulls had a chance earlier to validate a parabola pattern, but failed when they couldn't get the inverse h&s to complete. The falling price has validated a h&s pattern with a price target of around $6950. Not financial advice.
Green: Continuation of the false breakout. Price is rejected at the 0.618 fib level. Red: Price is unable to break above the 0.50 fib level and heads lower immediately. Note: Both the SPY and Bitcoin are currently around the 0.50 fib level. 0.50 fib level is a critical level psychologically for the SPY. Expect rejection and a wake-up call for many...
If price opens around pivot, short below 298.5, t1- 293.45 , t2-287.5 Above pivot, long arouond 302, t1-312, t2-314.. If gap up, short around 315 levels, T1- 305, T2-294 If gap down, long around 287.5 , t1- 293.45, t2-299
Mostly downtrend....Do not go long.. Short below 520.5, tgt 1- 510, tgt 2 - 491... If price opens below 512, short @ 510 , tgt 491 No long until price reaches above 540, tgt till 580...or follow pivot points.... If price opens gap down and reaches around 490 levels, go long with tgt as pivot points till 520 max...
SCO is at a critical point right now. It seems that the large H&S has played out and quickly retreated after Trump tweeted about a potential deal between Saudi and Russia to cut oil production by 15 million barrels. No one knows exactly what the outcome of the OPEC talk occurring next Monday is going to be. If the plan falls through and political tensions...
Open position Strategy Gap down Long @ 328 , T1-336 , T2- 344 Gap up Short @ 366, more @ 361.5, T1-355, T2-345 Between Pivot & R1 Long @ 347, T1-355 T2-366 Between Pivot & R2 Short below 344, T1-336 T2-328
Open position Strategy Gap down Long @ 182/184 , T1-186 , T2- 190 Gap up Short @ 201 more @ 199, T1-194.5, T2-191.5 Between Pivot & R1 Long @ 191.5, T1-194.5 T2-199.2 Between Pivot & R2 Short below 189.5, T1-185.5 T2-184/182
Bears have the chance to show their strength and push the bulls off the cliff to $4800 levels. If bears fail, then this is very bullish and will likely send prices past $7600 and start the bull run. Either could play out in the short term. My personal take is that the economy of which bitcoin is closely tied with is not doing so hot right now. The USA is the...
Bitcoin Price April 2020: (Signals) -March closed RED (7 RED vs 2 GREEN) - ¿April RED also? (Till now: 6 GREEN vs 2 RED). -April is since 2010 the month with best Returns for Bitcoin… ¿will happen again? -Monthly Candle below MA21 (Red Line). - Just 2 times like this in the past History (Lightning). -Once broke Support Line (Purple) 9 months till Rally. ¿Are we...
SELL USDJPY @MARKET (Me at 112.081) SL 112.300 TP 111.300 My Risk 219 points My Reward 781 points
Never invest all your money in one coin. Pending stop orders for the ADABTC pair: Recommended risk per trade: 5% (a percentage of the deposit you are willing to lose at stop loss)
9th of April maybe 6524 #doggonacci
There could be serious trouble just around the corner for the S&P500 and Wall Street. Just don't be an 'April Fool*'. Watch the video. *April fool is figurative language. I'm not describing anybody on Tradingview, or anywhere else.
Nearly one year trading with takings notes on TV. April has been an ok month with taking back positive results (barely over 1%). Keep in mind that arithmetics are merciless, you always have to win more % back than what you loss before. Let's keep up and see if good results from last year and January were due to : luck, synergy b/w strategy and market or something...
So after my last chart and roadmap for bitcoin 2018 spring to summer: we gotta get a good close idea of what may happen in the days leading up to this.... some of you might just wanna take a break or do something else but i know there is bucket loads of puppers and cats all tuned in to this market right now, i mean we love seeing things fall as much as we do...
This is my update for Bitcoin in April. I do understand the idea of buying Bitcoin on the weekly swing trade since it is near reaching the 8.5k-9k resistance area it has reached many times before. In the very short term, we do see a bullish ascending penant and it could very well turn out to be an inverse head and shoulders. But the RSI is questionable, and is...
Thank you for visiting my first post! Hopefully this chart will put this market into a broader perspective for you. As we can see, every April has led to a blessing of 30-200% gains over a 1-3 month following period. Right now, historically speaking, is probably the most reliable time of year to buy. I understand the top TA's on here who are looking at the...
After three consecutive bearish candles under the bearflag it seemed as if breakout was confirmed and then suddenly a huge bullish slingshot cast the bulls upward again somehow closing back inside the bearflag and keeping it still in play and suddenly the chess match between the bears and bulls goin on inside the bearflag was back on even with the bulls down to...