Trend line approaching supportWe have an upward trend line converging with support. Could see a bounce bullish tomorrow.
Bounce
Short BEL 20 indexAs seen there is a historical low resistance level @3123.7, and a fibonacci ratio of 0.382 @3091.265
I've tried to draw the small bullish trendline which will be colliding with these very soon.
This might indicate an end of this short term increase and a fallback to the bearish trend known as the CoVid19 crash or atleast a long term battle trying to break through this heavy resistance level.
$ES_F short term bounce inverse h&s into a another drop later on$SPY $SPX $ES_F obvious inverse on the 15 min chart, short term bounce into longer term downtrend.
Resistance line on GBPUSDOn the pair GBP/USD is developing a resistance line with 6 bounces for the last 14 days and 11% drop since then.
SPX setupWhales dump it to 2019 as a joke, then start the DCB.
stoploss in place.
*Not financial advice.
Inverted Dead Cat BounceAnalysis on BTCUSD with the pattern Inverted Dead Cat Bounce, that happens after a Dead Cat Bounce. Price rises more than 15% in one day after a downtrend, showing a 4 weeks possible scenario. At the end of this period, there would have some opportunities to buy again. Sell on the 1-2 day of the event. A White Spinning Top candle pattern appeared at the start of the second week of the event, with high wicks on top and bottom of the candle, showing indecision.
BTC's most controversial valuesWell lads, we have found ourselves in the great pinch of 2018.
That first place after the big one, where BTC took a good look above,
double digit thousands and beyond,
and decided:
nope.
But alas, here we are again. Who knows. Maybe we will hit a hard ceiling and fall back to argue over the dirty recession 3K's like animals. There's already a tasty wick that has traversed our swing pattern.
or, maybe not.
Who knows
screw you btc istillloveyoutho
quarantine on
LONG - THETA - Trading OpportunityPrice came back to support, looking good for a long position.
Entry: 0.00001072
Target 1: 0.00001169
Target 2: 0.00001238
Target 3: 0.00001312
SL: 0.00001014
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USDSGD LONG POSSIBLY AT A BOUNCE POINT
WE MAY FOUND SOME SUPPORT
SELLING THIS PAIR IS ALSO THE OPTION AS IF OUR ENTRY TO GO LONG FAILS TO SUPPORT WE WILL HAVE A CHANCE TO SHORT THIS PAIR TO THE NEXT LEVEL OF SUPPORT BEFORE TAKING THIS PAIR TO THE UPSIDE
THIS IS AN EITHER OR SITUATION WE CAN EITHER SELL THIS PAIR IF OUR ENTRY FAILS OR WE CAN EITHER BUY THIS PAIR AFTER OUR MARKET GIVES US CONFIRMATION THAT OUR SUPPORT LEVEL ENTRY ONE IS IDENTIFIED
Direction Change or Resistance Bounce?!Looking more longterm on the 4 hourly candles we can see that we formed a doji candle indicating short term directional change within the market. We just recently touched a MAJOR resistance point of the market around the area of 5600, which ultimately could create a nice looking double top. Watch closely how the 4 hourly candle plays out because this was a huge rejection from 5600 in the time of writing this. If we fail to hold that resistance point and breakout of it, we may see a short term bull-run commencing...
Personally, I still got my bearish sentiment here and I'm still holding strong my 5600 short position with a tight stop loss at 5689.
I feel like we will bounce off the resistance here and develop further downside momentum, as the fundamentals with the coronavirus around aren't looking too good. Gold and the Cryptocurrency market failed to act as a hedge against the general economy as we saw investors start to withdraw their funds...The market is simply moving with the economical crisis at the moment, and as swing traders, it is our goal to catch those huge impulse waves in either direction.
Keep in mind it is only Sunday today, and the volume within markets tends to be rather low. Monday on the other hand, will open up with quite a GAP!! I am looking forward for the week ahead of us, as the opportunities are limitless! :)
This is NOT a financial advice, trade at your own risk!
SPY to Death and beyoneReached 250 faster than anyone anticipated and it's not looking good at all, 213 would be the last point of resistance if this continues to go down then we'll reach "DEATH" point. 234 is the next mid point and may bounce but if it doesn't hold then goodbye.
uc.
Bitcoin probable bounce at weekly 200MAHi, this is my second chart I've posted on Tradingview.
I beeeeelieeeeeevee... Bitcoin could see a relief rally here at the weekly 200MA (5.5k BTCUSD).
*Vol relatively average to past dumps volume data even though there's a giant spread.
*Sitting at a candle cluster with high volume.
*RSI at bounce downtrend range.
What would be a safe way to get in on a long-term hold? A daily close above 6.15k-6.3k, basically. All you would be doing around these levels is scalping, if you didn't get in at 5.5k.
BITCOIN BOUNCE | OVERSOLD, WICK REJECTION, FIB CHANNEL MOVEMENTSI is heavily oversold and due a bounce
Price is wicking off price levels showing signs rejection and reversal
FIB Channel is being respected and is also showing signs of a reversal
Targets follow fib channel, 50% level and top of channel (100% level) or within the bounds
_____________________________________________________________________________
Short Term: Long
Mid Term: Short
Long-Term: Neutral
LONG - ALGOPERP- Trading OpportunityBullish divergence 1h chart + double-bottom, low risk so is worth the shot.
Entry: 0.0.2448
TP 1: 0.2626
SL: 0.2285
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$Spy’s next big moveRSI is coiling up after creating multiple bullish divergences.
Normally, these bullish divergences are clear signs of an upwards move, but no telling how many more will form before the significant move up in price will come.
In this case significant move is incoming tomorrow as the symmetrical triangle forms in RSI. I still think it finishes up by end of day tomorrow, but not before a shakeout in the morning.
This strong support in the high 260s region is a good place to bounce.
Overall, I look for a substantial bounce over the next few trading days, but I’ll look to short after for at least the next month because this downtrend is not over
LONG - SONM - Trading OpportunityAnother support retest, looking that it won't spend much time here.
Entry: 0.00000128
Target 1: 0.00000152
Target 2: 0.00000170
Target 3: 0.00000188
SL: 0.00000120
CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position.
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That confirms it!Bitcoin bounced off the long term trend line. This confirms the validity of the trend line. I believe this is the lowest it goes before halving.
Check the related idea below, this was what I was expecting.
What's that funky smell?.. I'm thinking Dead Cat! This sudden highly volatile upward surge doesn't bode well long-term, imo.
LONG - MDA - Trading OpportunityLooking like a double bottom here, sell volume looks all dried up.
Entry: 0.00006491
Target 1 : 0.00007482
Target 2 : 0.00008397
Target 3 : 0.00009410
Target 4 : 0.00010583
SL: 9301
CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position.
CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgment sums (including interest thereon).
$BA possible deadcat bounce$BA is running into a somewhat long term trendline here on the monthly log, might be a good area for a dead cat bounce :)
Bitcoin TA analyst trainingHi traders and crpyto friends it's BohemianCrypto,
this is my humble analyst for next BTC moves based on Fib Retracement levels, important supports and possible H&S pattern..
After this weekend we will have a gap in CME BTC Futures market from 9.165 to the end of today candle, expecting around 8.300... This gap will be most likely filled...
At the same time we reached important location between 8000 0.382 FIB level and support around 8300.. We can easily bounce from here to fill the gap after weekend... the expected gap has around 12% if will be filled...
After tha gap we can try to get through resist line (red) or drop lower to the level of half H&S pattern which sits around 7200... but this scenario contain break through the support line (blue)... If this happens I really don't know what we can expect then.. halving is coming and I was expecting more Bullish market...
This is just my TA analysis trying to catch some feedback, because I'm still a rookie :D
Cheers
$CL_F head and shoulders on the monthly log -- pt2Well, the h&s I posted on the monthly log has already crazily just about taken it back to the 2015 lows. A bounce should come very soon. The lowest i see this going is probably $26 -- $28.00 area. We could see a bounce before that happens but im not 100% sure. Anyways this should be interesting!
