Potentially will begin to melt as it reaches the golden zone 61.8% on the daily and I do not expect any further bullish movements before retracement
- Use big lots - Double your account - 150 pips target
EOS/BTC has fallen out of the range and presents a good opportunity to short. Target 1: 0.00080 Blue triangle indicates the current range. Anything falling outside of the triangle is considered a breakout/down. Red box is sell. Red line indicates t/p. This is not financial advice. All charts shown on my page, including this one, are just for fun. If you...
Last bullrun went from 300 dollars to 20.000 dollars in almost 2 years. Only reason that it pumped that high is due our dear sugar daddy BITFINEX. They printed shitload of tether and kept buying BTC's. In combination of the crazy ICO run that people invested millions in worthless and useless tokens that are almost all down 95%. When the pumping ended and the dumb...
We are about 500 days into the bear market now and I thought it would be fun to record the similarities between the current bear market and the previous one. Below, we may see what the future could look like. To start, we can see the bottom of the previous bear market was almost 87% less than the all time high compared to the current 84% bottom. Both times it...
Don't have to draw anything to see that this is a rising wedge which should give us downwards momentum... Lack of Buying Power
IOTAUSD should take us lower (minimum 40%) going to complete a Symmetrical Triangle. We broke our longterm RSI support which coincides with the breakout of the triangle. Weekly 21 EMA was already rejected IOTABTC should also take us lower, but here we could soon have good RSI wedge support at 0.00004517 where I will look at possibly longing IOTA depending on the...
This stock (WBA) offers a very nice entry opportunity. It has been falling over the last days, mainly due to earnings report. Despite earnings beating the consensus , the stock dropped 12 percent in the pre-market. Nevertheless this company is still doing well and there is a potential for a long -term trade or maybe even for an investment. WBA is currently...
Reaching Daily Supply Zone Approaching 61.8 Retracement point on DAILY HIGHEST POINT/LOWEST POINT
USDJPY looking to fall after breaking out of the initial channel and now retesting it. Potential 600 pip move could happen with my #HarryPotter Analysis PATIENCE - CONFIRMATIONS - ENTRY - PROFIT
USDEUR has high probability to drop, reasons: Overbought (Yellow) in 85m 2H time frames indicated by "9 Seasons Rainbow Multiple Time Frames Pattern PRO" Indicator; RSI Divergence Previous Resistance: 0.892 Previous ascending channel has been broken. Target 1: 0.884 Fib 0.618 Target 2: 0.881 Fib 0.382 Target 3: 0.873 Fib 0.236 STOP: 0.893 Some factor...
I believe that AUDCAD will have another leg up to 61,8 % retracement which would be around 0.95997 to then develop a huuuuuuge drop to the 27,2 % extension of the bigger structure which will be around 0.91912. Trade with care and good luck!
now is a great place to short this there is a lower time frame price action and also the potential is huge if price move 40-50 pips , move stoploss to breakeven This is how i personally see the market
This is my bitcoin short idea, all my reason i take are all on my other platform. This is purely an idea and not intended to be a signal. Trade at own risk. Thank you
When the weekly day traders do their job and a chart is looking nice as in this example.. the weekend comes... inevitably the "weiner dog formation" appears early on a Saturday. Maybe from inexperienced traders dropping the ball in combination with heavy pockets taking advantage. It usually precedes an impending dump in favor of the bears. This patern can stop...
This is a simple analysis that I've put together for Gold, price is rejecting at key level where price rejected a few days ago and we are are also currently at trend line resistance. The MACD Indicator is also very close together and looks as if a crossover is going to take place but this we cannot predict. I'm expecting gold to drop down to around the 1290.00...
BNBBTC is expected to drop in the very short term as it has reached a very strong resistance on the DAILY timeframe
All the required information is on the chart. Best, Hannibal