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Big-move

GOLD 4 Month Break DownGood Evening Everyone, I know it's been a long time since I have posted. Been busy in the charts focused on personal growth. Inward energy which has now translated to my trading. Please watch the entire video to understand my break down and thesis. Lets see what tomorrows news brings. As always trade safe set stops set takes and make sure you are always using appropriate risk for your RR. OH AND PLZ BE PATIENT TOMORROW YOUR ENTRY TARGETS WILL ALL GET HIT ;p Happy Trading Safe Trading! I'll get back to posting more frequently if we can give this video some love!!!! Cheers
OANDA:XAUUSD
by iNtuNeFXMarkets
A 13K ScenarioA 13K scenario. Based on my analysis, bitcoin has a future. Yes! Keep you eyes in February 2020. I've just posted a similar idea few minutes ago for the Kraken exchange. Based on what I see on this Bitfinix Weekly chart, Price should reach at least 12300 USD and possibly go and reach 13200 USD because I'm seeing what I'm calling candle calls on this week chart. And there are 3 bullish candle calls here (4 ones on Kraken exchange). But be aware, there can be a possibility for the price to retrace to 6000 before reaching +13K. 6000 USD will be the floor from where a big jump may occur. In that case, it will be a 2 to 2.2X price up move. But let's hope not. Another thing to watch is the USDT supply, it we see a significant increase on it,then it will tell people are preparing to buy many, and will be a real start for the up move to 12300-13200 USD target. Above that target I cannot know yet what will be the next big move of Bitcoin In a previous idea, I told the price will move down to 6500 max, let's hope it's that bottom and won't go there anymore. I will not trash my bitcoins out, I'm convinced of a bright future in 2020. I'm not afraid of a 6K down move. I HODL. Don't take my word for granted. Do your analysis, analyze again, then trade at your own risks. Don't hesitate to subscribe to get new ideas, as they come. Also I would appreciate if you hit the LIKE button Thank you PS: sorry if I double posted this idea. I've always posted all my BTC ideas for Bitfinex. It's just I'm no more trading there, but on Kraken exchange, and forgot about that while creating the idea.
BITFINEX:BTCUSDLong
by Atemak
1
THE TREND IS YOUR FRIEND... but don't trend trade!!As you have probably heard do not trade against the trend. I'm going to assume you know what this means but if you don't read the bottom paragraph first. Trading with the trend is obviously much more beneficial to us, and its clear why we shouldn't go against it. But have you tried being a trend trader? Aka a person who tries to identify trends and rides these huge moves out and scales in along the way? For starters markets range 90% of the time, so only in 10% of market conditions are you going to succeed. Assuming you don't miss the big move because of all the previous losers and break evens you had in ranging conditions which filled you full of self doubt. There are people who successfully trend trade, and I ask myself why bother??? It is such a struggle, you have to go through so many loosing streaks and keep calm and collected until that big move comes and you're in on it. For me that is too much stress and too much of a strain on my brain. Trade with the trend when there is one of course. Only buy if there is a clear uptrend and sell if there is a downtrend. But in my advice I would steer clear of trying to follow the trend orcatch these big moves; you'll get chopped up hard in between! I like it simple. See where people just got wiped out by the banks and follow the big boys. Do you want to join our gang Haha? You stay classy San Diego. ***** Trading with the trend is only buying in an uptrend, and only selling in a downtrend, if you do not know what a trend is, message me or google "How to identify a trend in trading" *****
Education
by joebrownFX
BTC BIG MOVE SOON INC.Will it break to the upside or the downside? My opinion is that BTC is going to break to the downside. Because I reckon that healthy markets should retrace when it moves into a bubble or blow up top. When you look at the extrapolated move, it would make so much more sense. If BTC does heads towards the fib. golden retrace. $7500 region. Hopefully once it's reached, it will rocket up back to towards the moon. But the worst case bearish scenario is, that BTC heads towards $4700 region creating a higher low, before it goes towards the moon and perhaps even beyond. Good luck and be cautious!
BITSTAMP:BTCUSDShort
by bonic
Rare crossing : huge move?I've never seen such a pattern in the S4W Horizon indicator. It's really a very tight crossing that is happening. I think it's an ignition point to something big to occur. So based on my analysis, I won't be surprised to see an important bullish move. But I think also there is a correction, unfortunately to occur at 3850 USD. Right now the S4W Horizon indicator is still bullish, let's see if that micro-crossing is talking for a big up move or for something else. Right now, as I said, I don't have a clue, since it's new. but I think it's an important moment that occurs since that crossing is showing up. I can't tell more. Let's watch. Don't take my words for granted, analyze, analyze, then trade at your own risks PS: if you like my analysis, join to get more analysis. I like to be Liked too (like/2/B/Liked/2)
BITFINEX:BTCUSD
by Atemak
4
Bull might push BTC higher!Since Bitcoin reached an all-time high, back in December 2017, the volume has been steadily decreasing along with the price. During the past 9 months Bitcoin has dropped from USD 20,000, down to USD 6,000, losing 70% to the USD. During the past 8 months, BTC/USD has approached 6k support level multiple times, although every attempt to break below has failed so far. On June 18, price went below 6k, where it reached $5,755 and rejected the 78.6% Fibonacci retracement level, along with the long term uptrend trendline. But, the closing price remained above the 6k psychological support suggesting the validity of the long term uptrend. While Bitcoin consolidation phase continues, it is important to watch key psychological support and resistance level. Support: USD 6,000 Resistance: USD 10,000 Bitcoin is trading under the very low volume and low volatility, while price is trapped between 6k and 10k. In order for the price to establish a medium-term trend, price has to break and close above the resistance or below the support, accompanied with the heavy trading volume. Weekly break and close below 6k could push price down to USD 5k, or even USD 3k area. But break and close above the 10k level could result in a very positive price action for Bitcoin, potentially sending it up towards USD 18-20k resistance, or even to the new all-time high. To summarize, RSI oscillator broke above the downtrend trendline, 78.6% Fibonacci support and long-term uptrend trendline were rejected. Such price action does not imply further downside correction, but rather uptrend continuation, at least while the 6k support is holding.
BITFINEX:BTCUSD
by CryptalDash
6
USDJPY long opportunity coming up.Plenty of support showing up on the daily after a Bullish Bat completion. Targets one and two on the chart for that pattern. If the Bat fails (0.886 retracement of XA), then there's also a Bullish Alternative Bat (1.13 retracement of XA) and Bullish Crab (1.618 retracement of XA) in the making. All of this is made possible by the close to 0.382 retracement of B into the XA leg, followed by the less than 0.886 retracement (0.793) of C into the AB leg.
Long
by JamesBrown
2