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Fakeout

Crypto Total Market Cap Breakout/FakeoutIt looks like we may be experiencing a technical breakout of the downtrend on the total crypto market cap and possible reversal of the great "Crypto Winter"/Bear Trend of 2018. The downtrend in blue has just been breached and we see a very rapid and sharp increase in volume over these past few months. This could be read as a potential capitulation/accumulation signal. Ideal longs were placed and entered 2-3 months ago for swing trading with BTC around $3,500 level, ETH under $120, and LTC under $30, but traders waiting for technical signals that confirm the breakout to enter should watch closely. There is a moderate risk that this could also be a "fake-out" breakout by the market maker so make sure we see some real volume onthe break before entering any sizeable positions. A fall back under the trend-line with no volume to back up the break could leave a lot of margin longs with their pants down. As always, D.Y.O.R. and happy trading!
CRYPTOCAP:TOTAL
by Meteorite777
Busting Buffett. FAKEOUT before a BREAKOUT?*I follow the portfolio of Warren Buffett. I think he is brilliant and he claims to think Kraft Heinz is brilliant. Based on the graphing alone I suspect we are about to see a market fake out. All Indicators look almost perfectly aligned for a break, a few premature bulls take their position and then... TITS UP. Before I get accused of being unprofessional, the term TITS UP actually derives from the behaviour of aeroplanes' altitude indicators, which turn upside down when faulty and display an inverted 'W' resembling a pair of breasts. I cant claim i know enough about KHC to make a valid case so I refer the argument by Ian Croci Busting Buffett - Is Kraft Heinz Actually A Wonderful Business? In a recent interview on CNBC, Warren Buffett made the claim that Kraft-Heinz is a "wonderful" business, pointing to its return on tangible assets. In and of itself, return on tangible assets is an interesting metric, but doesn't actually mean a whole lot. I'll be exploring the context of how KHC's return on tangible assets is likely to impact the bottom line moving into the future. To begin, I would like to say that I agree, at least on a philosophical level, with legendary investor Warren Buffett almost all of the time. However, I find myself strategically at odds with him more often than not. I've got plenty of ideas as to why this might be, not least of which is the sheer volume of capital he's responsible for working with. In this article, I'll be questioning a specific comment he made about Kraft-Heinz (KHC) shortly after the company posted its tragic earnings results on February 21st. seekingalpha.com
NASDAQ:KHCLong
by warrenhochfeld
1
Retracement and Fake out on 4H Timeframe CHFJPYHello traders, this is a simple trend following and Candlestick trading pattern on CHFJPY which works only on the 4H time frame. After a move up, we have a re-tracement and price returns to test a psychological resistance level which is the only resistance levels i use in my trading. Remember this strategy also works very well with diagonal trend lines, it also works in counter trend, but is best suited for trending pairs in the direction of the trend. Make sure you respect risk reward criteria and always have a STOP LOSS on all you trades.
Long
by asangwecho
WARNING: XAUUSD JUMPING INTO A SUPPLY ZONE From the daily chart we can see the price is approaching the supply zone at 1250.00 from a textbook uptrend of higher highs since November 13th 2018, from the RSI we also see some form of divergence which even though its still premature to confirm it,if it fails to break above the 76.20 which is the high of the year will be confirmation of a reversal. A short above 1245.00 (early entry ) to 1255.00 with Stop Loss at 1285.00 and Take Profit at 1300.00 in a swing trade. Otherwise happy trading, practice sound money management and good luck.
FX:XAUUSDShort
by ZAYN1001
potential targets on XRPgot a symmetrical triangle, inside a larger symmetrical triangle on the bearish side of things...on the bullish possibilities we have a inverted head and shoulder setup and the larger falling wedge pattern....probability in the immediate term suggest a breakdown as we are currently below the inside symmetrical triangle...however there i still time left for a fakeout of this triangles breakdown so for now this idea will be neutral until I see breakdown confirmation.
BITFINEX:XRPUSD
by DrDovetail
3 hour goldencross vs. potential h&s breakdownbull signal vs. bear signal on btc right now...because of that this idea will be listed as neutral. We can see we have the bullish case of a 3hour golden cross that has just occured...usually leads to a bullish outcome and we can also see the 3hr stochrsi has been skimming the bottom range for awhile which means there's more momentum available to go up than down. his is also the case on the 4hr stochrsi as well (not shown here). As for the bearish side of things we have a potential head and shoulder breakdown being threatened...however the volume on the candles below the neckline thus far has not been the type you would typically see with a legitimate breakdown suggesting it could be a fakeout...also the entire h&s volume profile from the left shoulder to the right is kind of suspect as well. I'm still anticipating a fakeout but if it does breakdown the target is right around the 3hour 200ma so I'm guessing we could easily bounce right back up odd that zone if a breakdown does occur. Of course, just above the bull flag we have been in we have once again met extremely strong resistance from the 1 day 50ma and the top trendline of the falling wedge we've been trapped in for awhile. So it wouldn't surprise me if the price action decided to continue back downward and retest the weekly 200ma. As always its wise to be patient and wait for a surge in volume confirming the break one way or the other before making a decision.
BITSTAMP:BTCUSD
by DrDovetail
Who is in control? I'm not kidding! I warned!Now give me hopeful people at BITCOIN. What is the main trend? What is the largest volume? Who's in charge of this game? What are the technical indications that the game has changed? People are full of hope in TOP TRADING VIEW, they are highly manipulative people. They need to live, they need to sell their expertise on their call. They live on it. They lie! Take your money and go buy knowledge, not SHITCOINS cheap service. This is not an investment. An investment in knowledge pays the best interest. Benjamin Franklin Buy books. This market is far from over. Stop fighting the trend. Is she your friend. Now go look at my studies. I'm not famous. I do not want your money I will not fool you Now go!
BITMEX:XBTShort
by f3rG0D
Smells like a fakeout…Looks like a fakeout…Is that the fakeout?Here on the XRPUSD 1day chart we have a pattern of a massive head and shoulders on xrp formed conveniently during a downward trend with a breakdown target of negative 20 cents. The Stoch RSI also bottomed out and is ready to travel upward again so there's not enough bearish momentum available to warrant such a breakdown. The downtrend makes it very unlikely a good head and shoulders because the h&s chart patterns that get validated are usually ones that act as reversal patterns at the top of trends not continuation patterns.Sure there are rare exceptions of when a continuation h&s happens but in reality those are just failed patterns that didnt trigger in my eyes. Still with it looking so obviously like a fakeout it makes one wonder if the whales are trying to fake us out with a fake fakeout...thats the only way I see something like this triggering. On the bitfinex chart this pattern is invalid but It appears to be valid for now on bitstamp,coinbase,and kraken. Its for this fake fakeout fakeout reason that I leave this idea neutral....but with a breakdown target of negative 20 cents, it seems like a ridiculous notion to believe it ever could be anything other than a fakeout.
BITSTAMP:XRPUSD
by DrDovetail
1
NZDUSD possible Short opportunityIn the last 7 months the NZDUSD has created a Resistance area that has been tested many times. The price of the NZDUSD is getting into this area again and that suggests us that the price might bounce down again as it did almost everytime in the past (3rd of dec - 6th of dec the price did a fakeout from this area so watch out for that). The RSI is Overbought and the MACD is going up to create a cross. I wish you a good luck with your trading :) .
Short
by JanMachacek
Bearish XXXJPY Scenario (USDJPY)Anticipating a move up to liquidity to capture stops (stop losses of sellers and buy stops for those who have been following the obvious uptrend) before seeing a price reversal. This opportunity can be planned out as greater than 3:1 reward to risk and may be something we see across other Yen pairs due to the upcoming BOJ fundamentals. This idea however is a low risk sell scenario based upon technical analysis. This analysis is not meant to substitute as financial advice. Trading involves risk, and you are responsible for the outcome if you choose to act on this trade idea. Stay Safe! I've personally placed a sell limit and it will be reevaluated if it has not been filled by Tuesday's IML TV Session at 12pm EST My order details: Sell Limit 109.900 Stop Loss of 20 Pips ~ remember to factor in broker spread etc.
by ZacharyHogan