My Analysis for Gold This WeekI feel that Gold will continue to sell towards resistance price on the long term daily time frame, but I also see a possible short-term breakthrough to the top with a bullish movement to push through support. Price may also consolidate within the current channel that it's in, then eventually break to the downside as planned.
Chart-analysis
EUR/NZD likely to continue up next weeks!EUR/NZD saw a huge spike last week reaching back inside the upward channel. The latest risk-off sentiment hurt NZD and other risk-on currencies driving them lower against its rivals. So far that is the main fundamental driver so far since NZD recovered a lot after RBNZ's last surprise cut and economic recovery setting them on a more neutral stance for a while. Short to mid-term going long on this pair makes sense, or as long as sentiment prevails on the risk-off side. By secular analysis, kiwi is somewhere in the middle ground between the most undercrowded and overcrowded currencies, giving me a clue that some extra upside might be limited for an extended period.
Entries are still to be made since market makers can make a significant gap in case of new emergency news! As it is instructed in the chart pullback can be considered as a better entry in anticipation of the next resistance breakout! But I would wait for new high, therefore new safe entry!
ADA LONGWith Bitcoin looking to take a stab upwards in it's consolidation structure, we may see some alt coins try to keep up. In this case Cardano looks primed to move with BTC nicely, we can see the 21 (Cyan Line) exponential wanting to cross up and above the 50 (Red Line) exponential at the same time that our MACD is showing buying pressure, suggesting that we will see the cross. This cross will spur bots to buying action in most cases and retail will generally follow trying to jump in with tether. Also we can take a look at the VPVR which indicates that we have some support in our current levels and the RSI is pretty neutral allowing for the freedom upwards. Not to mention that ADA recently broke upwards out of it's descending wedge feebly, yet still out of the downward spiral indicating that bulls are trying to make moves.
So what are some potential targets from here...
Since we are looking at our 4hr USD chart I would suggest looking at the exponential moving averages (EMAs)..
1st Target around .063 cents (Price action to meet some possible resistance around the 100EMA )
2nd Target around .069 cents (Price action to meet some possible resistance around the 200EMA )
3rd Target between .076-.079 cents based off the VPVR and other lines that can be drawn based off the structure to the left.
Remember Bitcoin is consolidating downward so our micro trend is slightly bearish so as we meet higher targets it would be best to reevaluate and be more cautious. Also If bitcoin takes a massive leap upwards/downwards this could end the alt coins trajectory upward. Just some things to think about.
SL set
Bullish on MATIC chartWELL WELL WELL, most people would look at a chart like this and run, not me.
Let's break this down like always from a TA/FA point of view. Remember my last MATIC call exceeded all my targets.
I must explain that even though this looks like a cup and handle it is not based off old school TA, though it may still result and be traded like a C&H if we rally hard.
TA: Firstly the 1D chart does not fully show you what is happening on the smaller time frames, and what you see on smaller time frames can easily transition into the medium to larger time frames as long as Bitcoin holds steady. The smaller time frames moving averages are starting to cross up and over each other indicating that there are bullish tremors even after the concentrated leveraged short attack. Also on the 1D chart we see the MACD indicating that selling pressure is subsiding. The Stoch RSI looks to give a definitive buy signal soon, and the RSI is oversold looking as if there is a little more room for downside. The indicators give us an overall bullish sentiment (at least for a relief rally), though caution should be held due to BTC ( my stops are set if trading). Lastly we are sitting upon the 200 D EMA, and sure this is a new chart and the moving average does not have much data but the area is still support.
FA: NOTHING has changed in regards to the team and the amazing tech and dedication that is being put forth. They have been cleared of all suspicion and have explained everything in depth via multiple AMAs/ Interviews. They're looking to finish the year completing 50+ hackathons, which is 3 to 4 times as many as most teams do in a year. They are on schedule for staking (soon), and the Main Net should be completed Q1 of next year. Of course there is massive speculation that Coinbase will list MATIC because Coinbase is an initial investor in the project. There are already many top tier projects experimenting and building upon MATIC and this will only increase greatly after the Main Net. Essentially there is plenty of news to keep this project in the spotlight in 2020, being that it is the most widely adopted and successful L2 helping Ethereum with scailability.
Many people are fearful and that makes me bullish. Great traders say, " Be fearful when others are greedy, be greedy when others are fearful". i don't like greed but I understand the concept.
USDCHFAveiq Capital Management Group
25th November 2019
The pair has been in an overall uptrend followed by a break of the weekly trendline. We had a retest of that trendline which can be confirmation of a trend change. We are now predicting order collection in this area which can be identified as a strong liquidity zone. In addition to this, we have had three retests of this area which is enough confirmation for sellers to take control. We are targeting the 0.97 area, giving us a yield of 3%.
USDCHFAveiq Capital Management Group
20th November 2019
Currently, USDCHF is controlled by bullish sentiment. We have been in a daily uptrend. However, we had a break of the daily trendline on 17th October 2019. Price has retested the trendline twice showing that there is a lot of buyers in the market. We have found support at the 0.985 area which is in line with the minor trendline, indicating liquidity grab to further push this currency to the upside. We are now looking to target the previous high as there is a lot of confirmation of buyers in this market. We also have an inverse H&S pattern on the 4HR timeframe. We are targeting a yield of 1%.
4chan forecast targetsI wanted to test the 4chan forecast, you know the one. Link here if you don't bitcoinist.com
I like to believe that bitcoin will go up because I'm long but I'm also pragmatic so I just set up this chart to see if the already passed points where true and where we need to go if the October 2019 prediction was to happen.
xmrusd xmrbtc is about to hit bottomwell xmrbtc looks not as good as xmrusd so it could be better to hold on to btc but this is very low compare to xmr history.
This is due to banning dark coin from a lot of cex exchanges, but i am sure there are group of people who would want dark coin for sure.
best time to buy is when it goes above 68 dollars. otherwise only aggresive users can buy partially, and slowly with stop-loss set at the lowest price.
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EURNZDEURNZD TRADE IDEA
SENSE WE HAD THE RESPECT OF RESISTANCE AROUND THE 1.72758 WE CAN START TO LOOK FOR THE PUSH DOWN.
EXPECT A PUSH BELOW THE 1.70506 AND MAKE ITS WAY DOWN TOWARDS SUPPORT AROUND THE 1.65763
ENTRY: 1.72758
TARGET 1: 1.70506
TARGET 2: 1.68685
TARGET 3: 1.65763
**PROPER RISK MANAGEMENT NEEDED**
**PAST CHARTS DO NOT GUARANTEE FUTURE CHARTS TO GO AS PLANNED**
Future possiblity (frontrunning) Monthly Chart outlook (Bitcoin)It's good to have some idea of what could happen, this way you can plan.
The chart is pretty self explanatory. I'm looking for a rollover that will lead into stronger selling, driving the price down only to be picked back up for a green bullish 7 of 9 hammer candle.
It may not wick up in the same month, it may close and open the next candle at the bottom and then go up, either way, I'll be looking for a bottom down there somewhere.
I'm looking for the RSI to come down a little and bounce off the moving average (will be confluent with what's going on in the price action).
I'm looking for early Sept to be a possible entry.
If you would like me to explain further in a video. Just subscribe to my youtube channel "Kick Back Time" (just go to youtube and do a search for those exact words, should come up)
Right now I have no subscribers, however...
...if I start to get subscribers, this will tell me people are interested in learning more and I will start making screen sharing videos on a regular basis that go into further detail and down into the smaller time frames.
Liking this idea is also encouraging...
Kick Back Time
Only 4 candles to make my 36th Birthday epic on July. :DThis is so realistic, logical and has been happened and proved before on Dec,2017 and potentially can happens again in this month.
as I said in the previous post, in monthly time frame we are 1 candle behind compare to the price history to hit $20000 and above,
and I'm sure I won't regret if the price of alts and btc goes to the moon and again I won't blame if not, at least I have done my best in my 10 years of trading life to take advantage of this glorious opportunity.
Good luck and see you at the other side. ;)
I this monster (BCD) waking up?Bitcoin Diamond (BCD) has an enormous space to grow. check out the history of this Sh.t.
What do you think? isn't that a good opportunity to buy?
CARDANO [ADA/BTC] Analysis by MorpheusAll information is provided in the chart. (Point on Yellow-notes on chart to see description)
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Litecoin (LTC) - Multiple Red Flags, please be cautious.The fifth largest cryptocurrency by market capitalization jumped to $107.71, the highest level since June 12, 2018, according to CoinDesk’s Litecoin Price Index.
The bullish move has stalled in the last few hours, though, with the price currently trading around $88.
Before we get started, lets smash this "thumbs-up" button, i would really appreciate it!
Litecoin ( LTC ) Chart Analysis
Keep in mind, Litecoin does always follow Bitcoin.
After the fake break-out we had earlier, we need to get our assets back to the true prices.
We are too early to see crypto assets skyrocket, it could happen, but i dont think this is the hour.
The most important thing is that we should not be stressed about the prices, we should be stressed about getting more bitcoin in our wallets.
The correction is not complete, word of caution, there can still be another huge drop incoming.
The MA-Ribbon, retouched 13-MA(Red line), wait for next candle to close in approx 18 hours, if next candle is breaking 13-MA(Red line), we will see a downfall or sideways consolidation.
The MacD are showing start of a downtrend, and histogram looks like it will start a "Red Zone"
Volume is still very low on the drop , can jump anytime now to the downside.
We wait patiently 3-6 days.
The longly awaited consolidation can happen in just a few days as it can take weeks, but it is likely to happen sooner rather than later.
Make sure to use the comments section below if you want to share anything or have any questions, it is my pleasure to help and reply.