BCCOIN/USDT 1DAY UPDATE !!*Technical Analysis:*
BCCOIN has been in a downtrend since August 14th, when it reached $3.5, nearly 300% higher than our previous post. Now, it seems poised for another upward wave!
• *Entry:* $1 to $1.16
• *Targets:* $1.5, $1.88, $2.25, $2.85, $3.43
• *Stop Loss:* $0.83
*DYOR, NFA*
Note: This is not financial advice. Stay tuned for further updates and analysis. Thank you!
BC
MRPL - A stock to WatchThe stock up move was stopped by a "BC" bar. Then the stock was push down to the 50 DMA. Taking support from there the stock started to recover. Now seems to succeed in crossing above the the supply shadow of the "BC" bar in the second attempt. Money Flow and Buying Pressure were already positive . The Relative strength is also turning positive. A good close above 122 with volume support will take the stock to the next lap of the up Move up. A stock to watch.
PRAJINDThe stock is coming out of the Supply Shadow of the "BC" bar. The Relative strength is turning positive. Buying Pressure and Money flow are already positive. Another upbar closing above the shadow preferably above today's High will ensure that the stock will move much higher.
Also on the weekly as well the stock is moving above the supply shadow of a BC bar. All key parameters remaining positive.
Bitcoin Stands Above Sirat BridgeAs you can see, we are in the falling channel form in the weekly timeframe and we have reached the support point of this current channel. We also polled wma200, which has served as a trend changer for the bear market for years, although we are currently below this moving average, I hope to close the week above it.
On a weekly basis, our Relative Strength Index value appears to be at historical lows.
If we break this channel and even if there is a candle closing in the weekly timeframe under wma200; I do not think that the figures such as $13,500, which is currently spoken in the society, will hold the price, and I predict that we will go to the minimum $6,500-$9,000 range.
In a possible reaction rally, I think the price target we can reach is the wolfie resistance area of the current channel.
We can see serious candlesticks under wma200, this is normal, but we should never, ever close weekly candles below this moving average.
The Down inevitable but also the Dawn!28k or 42k? both possible, but both need to be touched!! better go down then rise! otherwise it wont go higher!! and the other way around would go so low
Head and Shoulders all over the place, many possibilities,,, head taller than shoulders goes opposed of the head shorter than the shoulders
.
that's a thing...
...
I think it's important for BC to fall in order to rise, otherwise it will rise a little and then fall much.., it's important to gain the credibility of being capable of a survival!! otherwise with one fall would be taken as a "bye bye", which it's not true!! every up has a down!! no matter what!
Dollar is making the last moves before "gone!" That's gonna be the floor of BC...
But I also think if BC does not hit a tough floor, it wont proof itself... the longer it takes the sharper the fall would be!
or maybe not!!
The real money will always be the gold and silver! even if you pay BC to buy gold!
Follow to get shocked :)))
$ANKR/USDT 4h (Binance Futures) Symmetrical triangle on supportAnkr Network is holding above 100EMA and looks ready for another bullish move.
ANKR is a DeFi / BSC / BC / DotEco token, more information on www.ankr.com
Current Price= 0.13156
Buy Entry = 0.12915 - 0.12267
Take Profit= 0.14701 | 0.17053 | 0.19442
Stop Loss= 0.11178
Risk/Reward= 1:1.5 | 1:3.16 | 1:4.85
Expected Profit= +33.54% | +70.90% | +108.84%
Possible Loss= -22.44%
Fib. Retracement= 0.618 | 0.883 | 1.117
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
Contracts:
#ERC20 0x8290333cef9e6d528dd5618fb97a76f268f3edd4
#BEP20 0xf307910a4c7bbc79691fd374889b36d8531b08e3
#BEP2 ANKR-E97
BTC Sell the breakdown of $31000.Bitcoin - Intraday - We look to Sell a break of 30888 (stop at 31666)
Daily signals are bearish.
We can see no technical reason for a change of trend.
Dips continue to attract buyers.
However, with the intraday chart now highlighting lower highs we are possibly forming a descending triangle pattern.
The bias is to break to the downside.
Pivot support is at 31000.
A break of bespoke support at 31000, and the move lower is already underway.
Pivot support is at 28600.
Our profit targets will be 28818 and 28118
Resistance: 32000 / 33000 / 34000
Support: 31000 / 30000 / 28600
$VMHG Follows Breakout Pattern to a T as it heads over $3+$VMHG Has been on a steady breakout since our alert around the .15-.25 range The company HQ'ed in Miami Florida, has been making strides in the boating and yacht industry becoming the exclusive distributor for Chaparral and Robalo boats in Costa Rica.
www.otcmarkets.com
Currently all filings are in and the attorney letter is anticipated to drop this week with pink current by early next week after which institutional buying should ramp up sending the stock to our price target of $10 (Which we have now revised with everything factored in and seeing that the current float is actually 2.8 Mil and not the unrestricted shares we see on OTC markets to a new PT of $20)
More DD on the company are in past posts below check them out!!!
💡Don't miss the great buy opportunity in ETHBTC Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.030290).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETHBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 46.
Take Profits:
TP1= @ 0.032540
TP2= @ 0.033610
TP3= @ 0.035200
TP4= @ 0.037100
TP5= @ 0.040490
SL= Break below S2
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There is a trading opportunity to buy in IOTABTCMidterm forecast:
While the price is above the support 18.20995, beginning of uptrend is expected.
We make sure when the resistance at 26.50000 breaks.
If the support at 18.20995 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
A trough is formed in daily chart at 18.29715 on 05/07/2020, so more gains maximum to Major Resistance (26.50000) is expected.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 71.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00002171 to 0.00002090). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00002171)
Ending of entry zone (0.00002090)
Take Profits:
TP1= 0.00002650
TP2= 0.00003084
TP3= 0.00003450
TP4= 0.00003911
TP5= 0.00005960
TP6= 0.00008280
TP7= 0.00011400
TP8= 0.00018494
TP9= 0.00023550
TP10= 0.00028590
TP11= 0.00045020
TP12= Free
Trade Setup:
We opened 12 BUY trade(s) @ 0.00002182 based on 'Valley' entry method at 2020.03.27.
Total Profit: 4824 pip
Closed trade(s): 468 pip Profit
Open trade(s): 4356 pip Profit
Closed Profit:
TP1 @ 0.00002650 touched at 06.04.2020 with 468 pip Profit.
Open Profit:
Profit for one trade is 0.00002578(current price) - 0.00002182(open price) = 396 pip
12 trade(s) still open, therefore total profit for open trade(s) is 396 x 11 = 4356 pip
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Major altcoins consolidated index updateHi guys,
Price keeps trading near the previously stable uptrend trendline that was breached on April 20. As you can see from the chart, there were 6 consecutive attempts on that line in the last week, but the consolidated price index could not return above it.
Still, it is slowly moving North towards our target of $735, which is also where the next major Fibonacci retracement from the downtrend is situated. Let's see if a second visit to that resistance will result in a rebound and a continuation of the downtrend or will be the trigger of the reversal to the upside.
On the 1-h chart we are in a downtrend corridor since April 26, but what we see today is a potential breakout, which is still in the making, so let's see how this evolvs.
Cheers,