Doji
BTC first more significant correction/wick bellow 10250$.BTC first more significant correction/wick bellow 10250$.
So far forming a hammer doji , but we need more information before confirming/assuming a more positive directing.
The situation can easily turn and the hammer doji can transform into a hanging man pattern quite easily. So far staying neural to moderately bullish. Remember not to over leverage your trades as moves between 3-5% will happen more often than you think (especially at resistance).
LTC|USD - Gravestone DojiGreetings. Please leave a Like if you like the idea
Bearish sign on LTC is that price formed a Gravestone Doji at the hard Resistance level. We can expect a correction at least to one of marked levels.
Leaving a "like" costs nothing and really helps me out; please consider it! It's the #1 thing I look at when deciding to work on future content.
Peace Out!
Not a Financial Advice
Bull break pending, ONTXIf this 4hr candle can close engulfing the doji on ONTX, it could mark the beginning of the bull break. There's also now a hidden RSI bullish divergence. That along with the decreasing volume and the equilibrium pattern I talked about in my last post are great bullish signs!
CIMB: Long Term Reversal with Supported Year-LineThank you for your continued support :)
Strategy: Moving Averages Formation
Bias: Bullish
As seen in the chart, the Year-Line is a strong indicator of trend. Around late Feb 2019, The price managed to closed above the Year-Line for a few days before rejecting and continued downward sliding. This time, not only is the price holding comfortably above the Year-Line, it also found support when it tested the Year-Line with a doji candle on the 4th Dec.
Entry: 5.30
Stop-loss: 5.19
1st Target: 5.61
2nd Target: 5.77
Gentle reminder: Plan your trade and trade your plan. Peace out!
TECFAST, Rebound on Support, Any Meat Left?Bias: Bullish. When the correction hit FOUR classic technical conditions on 29th Nov 2019, the next green candle on 2nd Dec shows promise of a swift rebound. Can you guess what are those FOUR technical tools? Ask us in the comments below! It might be slightly late to the party now, so let the buyer beware.
Stop-loss: 0.385
// The recent low point.
1st target: 0.490
// Previous high as minor resistance.
2nd target: 0.520
// Historical resistance as major resistance.
Gentle reminder: Plan the trade and trade the plan. Trade at your own risk. Stay tune!
Guys, if you like the idea, please "like" it, this will be the best thanks.
If you have any questions or trading ideas, please post them in comments!
Thank you for your support, we appreciate it.
XRP could absolutely explode this month!First of, apologies for the clickbait-ish title - it´s the only thing that gets people to pay attention nowadays apparently. With that being said, the tittle is not entirely misleading and here´s why.
General analysis:
- last two monthly closes are very interesting as we closed the month of September in a doji type candlestick which typically signals indecision or perhaps even reversal
- the following month was followed by a nice bullish candle that showed buyers are still interested in XRP at these prices
- these two candles put together indicate a potential bottoming formation
The way to trade this setup is very simple:
- as soon as we take out the high of September at roughly 32 cents, I expect this thing to absolutely explode to the upside, when XRP goes, it goes hard
- conversely, should we fall below the support (thick blue line) and especially if we trade below the low of the doji this thing is likely going down much more
Bias?
- short term time frames (1D, 2D, 3D) look a bit shitty and with Swell coming up I wouldnt be surprised at all if we see a short sell off to 23 - 25cents. Remember though, we are focusing on the weekly and monthly here
- the fact that my lovely MA´s have crossed to the upside is really really good, even more so when it happens on a monthly scale
- we appear to be in a falling wedge (no, this is not a descending triangle in any way, shape, or form), which do tend to resolve to the upside
- finally, I usually don´t give a you-know-what about fractals but it is interesting how all the previous XRP pumps were preceded by big doji candles (blue boxes), followed by a nice bullish candle which ultimately lead to a big breakout
In short, my bias currently is to the upside but either way this thing breaks, the way to trade it is very simple, which is why you should definitely pay attention to XRP in the coming weeks.
Take care.