Get started

Ascending

$ETHUSD ascending triangle formation, breakout soon.Before we get into this idea, please note that performance is not guaranteed. I recommend doing your own research before entering any trade. Your upvotes & comments are appreciated. COINBASE:ETHUSD inside ascending triangle, apex on the first of June. Expect upwards breakout targeting +/- $245 and +/- $265. If it breaks out to the downside, supports are at $198, $195, $190 & $185. Should hold up. I'm already long. If you're not, wait for a high momentum/volume breakout or successful​ retest of the $215 R/S. Best of luck, traders. - Jelle
COINBASE:ETHUSD
by CryptoJelleNL
BTCUSD - Bull from 16th was confirmed and executed yesterdayI'd thought let me just continue this Bitcoin technical analyses and evaluate our steps from last saturday. One thing I already noticed is that our prognoses of the bull breakout after may 16th became valid. As you can see in this chart, yesterday BTC only suffered a few hours of decline, and then went up again. You can see my previous idea here that I posted on saturday (the last posted picture contains the bull breakout theory) which was a shortterm and volume based analysis. Let us reevaluate the next days of what we analysed before and see what happens to our BTC-babygirl. ____________________________________________________________________________ I'm purely a beginner in technical analysis. Please hit like, follow or place a comment. Any of your feedback is my motivation to keep going and to learn more!
BITSTAMP:BTCUSD
by AlgoSurfer
4
CLEAR ascending support on JPM - and we are lazy at it right nowAscending support on JPM - some will also identify the pivot highs calling for a triangle pattern. Keep an eye on this support level if the market gets weaker - looking for things that were already lazy when the market was strong... looking for those to then get even weaker when the market gets weak... this is a good way to find intraday setups! Hope this chart perspective helps the community xeenos trading - sending positive energy to all those watching.
NYSE:JPM
by xeenostrading
NZDUSD ShortAloha. This could be a quick play short because the recent trend and run has been quite bulllish, however... Daily - showing signs of consolidation and rejection of the 50 ema where price is hovering. 1hr- If price breaks strongly bearish and well below the 50ema, this may trigger me in. 4hr - A better consolidation for this pair to go short would be if price was below the 4hr 50 ema, however, we may be in the long ride down if the bears come into play. We can see a rejcetion and bounce right back into a conslidating pattern. It's been 3 days since any major movement and indicates this may be a good time to enter but it's okay to not rush it. Price can continue its bull rum. On a LONG note: If price can move off the 1hr and 15minute with a nice break of the ascending channel, then I will be looking for BUY entries on this! Tread lightly when placing a trade in this market. Allow for more room to be lenient with your SL. It's not always about making money but instead, how to preserve your capital! Happy trading all!
Short
by Reid_Hicks
2
GBPUSD 1H PA AnalysisSome potential FX:GBPUSD trades to jump on after price action verification. Market is in a downtrend on the 4H but showing some bullish action. We're getting repeated hits at the current resistance level so I'm expecting some pressure to be released on the upwards to the thin pink line and then possibly to top blue resistance level for a test (more likely a fake breakout). If not, then we'll see a break of the current ascending wedge down to the thin pink line, and then a retest to the thick red support level in accordance with my previous price action analysis. At this time, I'm looking for decent sell trades and the larger P/L trade signifies such entry. If price continues to go up and hit SL, then I'll re-enter the sell trade at the top of the blue resistance and hold it to the thick red support level for a greater Risk/Reward ratio and adjusted trade size to account for the loss. Additionally where price currently is coincides with the .5 Fib level exactly which gives us greater sell confirmation bias. And the top blue resistance line is the .618 Fib level for Stop-Loss setting. Have a good weekend! Disclaimer: These trade ideas should not be relied upon as a substitute for extensive independent market research before making an actual trading decision. Trading carries inherent risks and a prudent individual will use such information responsibly.
Short
by JetSauce
3
Bitcoin Resistance...After rallying over the past week with implications of a reversal, bitcoin is still encountering a lot of bearish sentiment. Presently, bitcoin is up against resistance from the 200 ema on the 8-hour time frame. This would not be the first time Bitcoin has broken through resistance in this rally, however there are many areas of resistance in the mid-7k range. Is this more than a short-term rally? The weekly stochastic is turning up, and the daily is trending up to a 4-day. There is at least potential for a reversal.
GEMINI:BTCUSDLong
by Veneficus
2