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Revised Bitcoin Path to $155k - $210k and $100k By the HalvingHere's my Revised Bitcoin Path to $155k - $210k and $100k By the Halving study. Note: If you're using a Fib based on a Log scale these levels will change, but the $155k level is still the likely target based on a 1.618 vs a 3.618 projection. In this video I've outlined the 10 factors including the ETF money flows already coming in. Each of these factors could help ignite the other 9, and contributing to a near term mega rally. The chart bars pattern in Blue is a copy of the previous cycle where this happened, so we we know this is possible. A near term pullback from $50k is likely however, and healthy. I anticipate this would be the best / safest entry point and best scenario for a much larger push higher as noted above. I've also outlined 5 potentially negative factors which could slow growth, but are less likely. Would love to hear your comments below!
COINBASE:BTCUSDLong
by BrettFogle
1
More Pressure on GBPUSDHi Traders! GBPUSD has a bearish outlook on the 4H chart, and we could have a breakout soon as further pressure is quickly mounting on the pound. Here are the details: Looking at the price action, it looks bearish due to the market swings; the market has tested the support trendline multiple times and has had a recent price rejection at 1.26548. Additionally, the market has broken below the 20 EMA. We also have BoE Governor Bailey speaking later, and the traders will be very nervous about the worse-than-expected results from the MPC vote earlier this month. As long as the market is still below the 20 EMA, our view will remain bearish. The confirmation signal will be either a break and close below the support trendline or an opening candle below the support trendline. Preferred Direction: Sell Technical Indicators: 20 EMA Resistance: 1.26548 Support: 1.26000 Please make sure to click on the like/boost button 🚀 as your support greatly helps. Trade safely and responsibly. BluetonaFX
Short
by BluetonaFX
Zee Super Low Marketcap with Loads of PotentialWe can see that it just pinged a buy on the MACD the same time it broke a Resistance Line on the ADX This is very Promising We also had a second bounce of the .318 fib showing this is one of the final times for us to turn around an continue the uptrend from before. Volume is starting to rise, seeing more bullish volume than bearish volume. Keep an Eye out for this with such a high volume/marketcap level consistantly and previous all time high of almost $20 this thing could 1000x ! below is why zee came to our attention 📈 *Name*: ZeroSwap 🔖 *Symbol*: ZEE 💲 *Price*: $0.02238045564531504 📉 *24h Change*: -1.59% 📊 *7d Change*: 3.00% 💰 *Market Cap*: $1419572.20 🔄 *24h Volume*: $823542.18 🏷️ *Tags*: defi, launchpad, exnetwork-capital-portfolio, polygon-ecosystem, bnb-chain
Long
by Tracking_Technicals
EURUSD Breakout OpportunityHi Traders! EURUSD is in a descending triangle, and there is a possibility of a break below the trendline support. Here are the details: The market is trending down with swings of lower highs and lower lows following the break and close below the 20 EMA. Our idea is to sell rallies, looking for a break below the support trendline at 1.07237. Preferred Direction: Sell Technical Indicators: 20 EMA Please make sure to click on the like/boost button 🚀 as your support greatly helps. Trade safely and responsibly. BluetonaFX
Short
by BluetonaFX
My 5 potential trades for this weekTrend is long term bullish but currently bearish. We are close to hitting bearish trend line. Falling wedge with recent double bottom. Multiple FVG’s to be filled. All indicative of an impending reversal to initial direction. 1) long @ 1.07884 if $ & downtrend $ is swept 2) long @ 1.07225 if 4h $ & bullish $ is swept 3) long @ 1.08553 if OB & trend line $ is broken using OB as breaker block to be rejected. 4) short @ 1.08553 if OB is rejected 5) short @ 1.09328 if FVG & 4h $ is rejected being mindful of rejection off possible breaker block and bearish trend line for indication of reversal
by SLouise96
GBPUSD Pressure Mounting On the Pound Hi Traders! A symmetrical triangle has formed on the GBPUSD 1D chart, and we could have a breakout soon as pressure is quickly mounting on the pound. Here are the details: The market has found support and resistance at both the trendline support and trendline resistance of the triangle, as the market is looking for a direction. Looking at the price action, it looks bearish due to the market swings; the lows and highs are starting to get lower, and additionally, the market has broken and closed above the 20 EMA. The fundamental news also supports our bearish view. Earlier today, the MPC Official Bank Rate Votes came out at 2-1-6 which was surprising and worse than expected. Traders will read this as uncertainty for the pound while the dollar continues to strengthen. As long as the market is still below the 20 EMA, our view will remain bearish. We expect some more consolidation before a possible third attempt at the trendline resistance. Preferred Direction: Sell Technical Indicators: 20 EMA Resistance: 1.27508 Support: 1.25965 Please make sure to click on the like/boost button 🚀 as your support greatly helps. Trade safely and responsibly. BluetonaFX
Short
by BluetonaFX
NZDUSD Ascending Triangle Possible BreakHi Traders! An ascending triangle is forming on the NZDUSD 4H chart, and we could have a breakout soon. Here are the details: The market has found support and resistance at both the trendline support and trendline resistance of the triangle, as the market is looking for a direction. Looking at the price action, it looks bullish due to the market swings; the lows and highs are starting to get higher, and additionally, the market has broken and closed above the 20 EMA. As long as the market is still above the 20 EMA, our view will remain bullish. We expect some more consolidation before a possible third attempt at the trendline resistance. Preferred Direction: Buy Technical Indicators: 20 EMA Resistance: 0.61489 Support: 0.61186 Please make sure to click on the like/boost button 🚀 as your support greatly helps. Trade safely and responsibly. BluetonaFX
Long
by BluetonaFX
EURUSD Possible Falling Wedge BreakHi Traders! A falling wedge is forming on the EURUSD 4H chart, and we could have a breakout soon. Here are the details: The market has found support and resistance at both the trendline support and trendline resistance of the wedge, as the market is looking for a direction. Looking at the price action, it looks bullish; we have had multiple tests at the trendline support and have broken above the 20 EMA. The market is currently on the trendline resistance, and we are looking for a break and a close above the trendline. As long as the market stays above the 20 EMA, our view will remain bullish. We expect some more consolidation before a possible attempt at the trendline break. Preferred Direction: Buy Technical Indicators: 20 EMA Resistance: 1.08501 Support: 1.07960 Please make sure to click on the like/boost button 🚀 as your support greatly helps. Trade safely and responsibly. BluetonaFX
Long
by BluetonaFX