Breaking
Ascending triangle! Bitcoin to 11,900??!Hey there,
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We got a small ascending triangle on Bitcoin looking at the hourly chart, which recently
broke descending resistance by breaking the trendline.
Target once 11,700 is broken significantly is 11,900 resistance.
Looking for consolidation around that level, with possibility of going higher.
Still scepticle of more bearish momentum.
Will see what happens at 12k!
Cheers,
Konrad
Uptrend and breaking 19200Guys as you can see rsi has a support line here and its going to break the first resistance ... 19200(0.786 fib) and the first touch will be in 1.618(19500)
There is some thing to reject that, fail in breaking 19200 ! and it will touch the mid line(red channel)
There is a good opportunity to long
18990 to 19200 and 19500
and if it lost to hold 18990 and you see 18800 do the short one to 18500
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Take care, trade safe
Uptrend is comingAs you can see market forming a bat here, rsi has a resistance line here and we are in the mid line.
There is two possibilities here:
1: breaking the mid line and go for a ride to 70.
2: fail to break rsi resistance and go down to see 59.
I recommend you to do long above 65 to 70~72 and do short below 63 to 60~59
If you liked it, please hit the like button, share and write your comments and follow me, thanks for reading.
Take care, trade safe
GBPCAD – Buyers are going in trending way, but do you thing theyGBPCAD – Buyers are going in trending way, but do you thing they can break even
Trend: Buy/ Neutral
Support/Resistance:
R2: 1.73254
R1: 1.70913
S1: 1.69200
S2: 1.67288
Price action:
Buyers are headed to break R1 level, but suspitious to me is buyer's laziness. In next days we still has to be carefull on candle charatheristics. If Sellers might face off buyers first, then next target for them will be at S1 level. If they break S1 level, then they could go deeper to our last buyers failing move.
Potencial trade idea:
Bulls targets:
T1 = 1.73254
Bears targets:
T1 = 1.69200
T1 = 1.67288
NOTE – We are trading GBPCAD via the preferred trading setups
ELITEFXACADEMY
Disclaimer2: Martin's views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don't publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
#POE : Up to 150% Profits Opportunity For The Mid Term. #Accumulatio_Recommendation
Pair : #POE / #BTC
RSI : 59
TA Notes :
- MACD :Already crossed over for a bull run indication.
- EMA : Looking bullish below the current candle stick formed showing a short term bullish trend formation.
- Volume : Needs some more energy to see a good spike but looking fairly good for now though.
- A good formation of candle stick pattern is on the way and broke the resistance of the short term.
#Accumulation_Zone : 44 sats - 50 sats
Distribution_Zone:
Target 1 : 56 sats
Target 2 : 61 sats
Target 3 : 66 sats
Target 4 : 74 sats
Target 5 : 82 sats
Mid Term Targets
Target 6 : 93 sats
Target 7 : 101 sats
Target 8 : 107 sats+
STOPLOSS : Close below 38 sats
Risk : High
Capital Accumulation : 5%
@TogetherWeAccumulate
IOTA : Upto 75% Profits Opportunity RSI : 63
Volume : In good position
Accumulation Area : 4150 sats - 4350 sats
Distribution Area
Target 1 : 4550 sats
Target 2 : 4871 sats
Target 3 : 5181 sats
Target 4 : 5390 sats
Target 5 : 5769 sats
Target 6 : 6230 sats
Stop Loss : 4032 sats
Remember to drop your LIKES and press the FOLLOW button if you are interested by our forecast and be free to DISLIKE the post or right your COMMENT if you not convinced by the forecast. Thank you for your time to read our posts anyways. With Regards.
Good Luck.
Legal disclaimer:
Information on this channel is our team's analyst's "opinion" based on data available at this point in time. These opinions are not recommendations to buy or sell securities/commodities and cryptocurrencies. Trading and investing is a risk and you should not rely on this data to make any financial decisions. You must consult a financial advisory licensed by regulatory agencies in your legal jurisdiction. All information stated here and in our reports don't guarantee any possible profits or losses. Please do consider to do your own due diligence and research when making any kind of a transaction with financial implications.
With Regards. TeamTWA.
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EURUSD Breaking Bad - Look to Short the next counter-rally EURUSD
EUR broke important support at the 1.15088 line on Friday and then collapsed in a near straight line towards the next line of support at 1.13679, after making a low 19 pips above here so far.
All these lines on DXY and Gold and here too are weeks old and none of these charts have had to be updated or amended....showing how slooooow most markets are compared to Bitcoin, which needs updating every day and somettimes more.
There's a lot to be said for the quiet life.
Bitcoin is Formula 1 full-on - or used to be : (
Everything else is so sloooow in comparison.
Still believe that Bitcoin provides the best training ground for trading across multiple markets - but they require way more patience usually, that's all.
The break on Friday looks like the prelude to bigger a break-down which should take EUR back down to 1.0855 and potentially as far back as 1.0490 through the Autumn/Fall period.
In the very near term the nearest support potential lies at 1.1367 and extends down to 1.1316 which should create a counter rally back to the 1.148-1.1508 range at best before it falls away again - it may be quite dramatic when it does.
Look to short the counter-rally with stops just above the 1.1532 level by a few pips.
Can use the DXY chart as confirmation.
TP 1 1.1118
TP2 1.0855
TP3 1.0490
For fastest updates in real-time please see Global Markets link at top left of main page.
#ARK Accumulation Opportunity Ark is one of the undervalued coins in the crypto market. The 4 hours chart is showing a very good profit making opportunity which shows a bullish engulfing candle stick with a very good potential RSI indicator. If it can close above the first resistance at 23487 sats it might show us a rally towards the following resistances. Volume needed to show some improvement though.
Accumulation Zone : 22500 sats -23800 sats
Target 1 : 26241 sats
Target 2 : 28467 sats
Target 3 : 30694 sats
Target 4 : 33863 sats
Stop Loss : 18700 sats
Good Luck.
Legal disclaimer:
Information on this channel is our team's analyst's "opinion" based on data available at this point in time. These opinions are not recommendations to buy or sell securities/commodities and cryptocurrencies. Trading and investing is a risk and you should not rely on this data to make any financial decisions. You must consult a financial advisory licensed by regulatory agencies in
your legal jurisdiction. All information stated here and in our reports don't gurantee any possible profits or losses. Please do consider to do your own due diligence and research when making any kind of a transaction with financial implications. With Regards. TeamTWA.
Watch Out When Breaking $10,000Watch Out When Breaking $10,000
Since everyone expects a bull market as soon as we break the $10,000, I imagine the drop will come much sooner than expected.
So I could very well imagine that the market is going to fool everyone like everytime.
Therefore, you should take care very well.
Again and again I read in the comments of 'Top Authors' that people will do the opposite of what they do.
What is happening? It happens exactly the opposite.
I do not want to talk bad to anyone, but many are very easily manipulated by the market.
As a smart whale, you would do everything to be able to benefit yourself or right?
That's why they do the opposite of what the crowd does and it works every time
At the end, I would like to say that this idea might be wrong.
You decide in the end about what you do.
This should only be a warning.
It may be right or wrong.
The market decides what happens.
Note: The red arrow only indicates the direction it could go if it's a fake out. As a result, there is no specific target, as we still do not know how far down it will go when this scenario is happening.
"Wannabreak" a downtrendThis huge downtrend really surprised me in this project ADA, which has always been around the Top Ten for volume, even having such a small price.
Truth is every alt coin is suffering from bitcoin correction...
Today we see again a possibility on the true value of ADA breaking the downtrend on the daily.
Let's wait for 4 or 5 days to verify this!
Bitcoin: BTCUSD Breaking BadBitcoin Update Breaking Bad
The dynamic that had been underpinning the rally yesterday
finally broke around the 7960 level triggering long stops and
the reversal point for day traders to flip back to short. The
subsequent high was 8006 so stops placed 50 higher came very
close to being hit but stayed good, just.
But swings were left waiting for a break below 7700 on
Bitfinex to follow short.
This break should lead to a decline back to 7221 where can
look to close out again, but ready to short again once 7200 is
broken looking for 6000 retest.
On upside initial resistance lies at 7620, (nearest stop for
shorts just above here now) and getting stronger at 7695. The
upper parallel should halt all rallies at best today before
Bitcoin begins to fall away again.
We can continue to sell rallies until the downside targets are
met.
Correction of Support lineI check again my chart. And i find i did have accidentally move support level bit higher that should be. Well i am still daytrading BTC you can make easy 5% profits but for long term i am more interesting on the breaking point. I can not really tell you that will go up from this point, because it will be lie. Nobody know for sure everybody have just opinion and you should make your own. But I still believe in Bitcoin and blockchain so for me doesnt really matter where it go. If trend will change all good but if not i will just easy use dollar cost averaging and accumulate more Bitcoin for long run.