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#EURUSD 19 04 2021#EURUSD 19 04 2021 Since March 2020, the price has been moving in a global upward channel. And during this movement at the beginning of this year, it touched the resistance line 1.237 - the upper border of the channel. Then the fall began. And now we see that falling in the channel the price has come to the lower border of the main uptrend in the support zone of 1.170. In addition to the channel line, there is also a support line for October 2019 and March 2020. From this zone, the price showed excellent growth and in three weeks rose to the resistance line 1.198. Now I expect the price to fall from this line and consolidate in the 1.179 support zone. After which he will receive a strong support, he will begin to grow. The price will break the line 1.193, fix at the local price level 1.196 and rise to the resistance line 1.216. This will be our goal
Long
by fxpremiere
1
Troy continues to climb perfectly before swap. ($TROY)Helen of Troy! Zoom out to the big picture and buy the dip. Troy is setting up as a massive win for all those seeking new value from DOGE and XRP gains. Swap and airdrop coming shortly. DeFi play TROY is a Smart Hybrid Asset Management System offering yield farming, fixed savings, a liquidity aggregator (for Binance, Huobi, OKex, Uniswap, Curve, Balancer), provider of arbitrage opportunities, etc. What is Troy Trade? Troy Trade is a global prime broker specialized in crypto trading and asset management. It provides crypto brokerage services for institutional clients and professional traders with products such as spot & margin trading, derivatives, data, custody, lending, and staking in one account. Master-level Trading Platform: One account with a single interface enables access to the aggregated liquidity of crypto exchanges. Some key functions include smart order routing, flexible account management, settlement service, and automatic risk control. Data Analytics: Empower customer’s decision making with a data matrix framework. Data categories include blockchain data, trading data, market data, social data, and media data optimized by AI and quantitative models. Brokerage Service: Competitive fee rate and order execution speed. Real-time fund transfer and settlement service. Provide margin trading and OTC services with advanced convenience. Full-stack Quantitative Solutions: Infrastructure powered by co-location service to better the performance of high-frequency trading algorithms. Offer exposure to quantitative solutions with straight-through processing, precise tick historical data, and strategy assessment systems. What is the TROY Token? Functions as the medium of exchange in this organic network Provides workload reward of Relayer network to encourage timely and accurate updating, broadcasting, and synchronizing orders Serves as relay medium for the exchange of unconventional token trading pairs in-ring matching Acts as the trading fee unit when users call up the trading and settlement functions Means of access to features in Troy and burnt as gas fees Incentives for brokers and to reward brokers contributing to maintaining a global ecosystem FInancial advice disclaimer in signature. DYOR. Good luck.
Long
by CryptocurrencyWorkingGroup
EURUSD 15 04 2021#EURUSD 15 04 2021 The price is now at the 1.196 support line, which has been on the chart since August 2020. The price came to this point by pushing off from the 1.171 support line - this line was formed in March 2020 and is the border of the global ascending channel. Since the price has such strong global support, and no less strong local support, I expect that now the price will continue to rise and touch the resistance zone 1.208, where the two strong lines of October 2019 and February 2020 intersect. After that, the estimate will turn around and return to support 1.184. This will be our goal.
Short
by fxpremiere
BITCOIN | Possible Targets & How To Identify Them!?Hi, I get a lot of questions, and even I have seen a lot of bets, where the price of Bitcoin goes? So, let's do it the same! Leave a comment and tell us your thoughts about where it goes, is it 70k or 80k or 120k, name it, and say why you think so - is it just a guess or you have some technical criteria to look for. The most accurate call will win free technical analysis of your favorite altcoins ;) The game ends after we have seen at least a 17-20% correction. The target areas. To predict and narrow the price levels above the ATH is quite tough, luckily I have some tools which have helped me to do that. Obviously, they aren't so precise to start to short from there but they can be a good partial take profit areas. Tools that might help you to find take profit places: 1. Channels - the upper trendline of the channel can be very precise resistance level from time to time. 2. Channel projections - quite often the price moves in channels, as you see on the image, black lines form a perfect channel. Channel projection assuming that it starts to form a channel. You need two dots to draw the trendline below the candles and one dot above the candles to copy/paste the lower trendline to the high-dot. Channel projection is the orange lines in the chart. Short-term very good to predict bounces. 3. Equal waves of AB=CD, will not explain it but perfect if the AB=CD matching perfectly with channel projection. 4. Fibonacci Extensions are also quite good to predict take profit areas. 5. Round numbers, psychological numbers. So, using these tools I found some areas to keep an eye on. The first target area will stay around 70k. There is a minor trendline, channel projection, 2x equal waves of AB=CD, Fibo Extensions and 70k will act as a round number. At the moment, they all act as resistance levels and matching quite perfectly with each other around 70. Always look for several criteria to narrow the target area. If you can draw multiple criteria into one place it will give much more power to the potential target/resistance area As said previously, it is only the target area - full target, partial target, or whatever. Never try to short from these levels. You can start to think about shorting only then when the price has stopped around your identified area, has stayed there to consolidate and lower timeframes offer some price action to keep an eye on. To try to short immediately after the price has reached the area, you will burn your fingers, hands, body and etc. entirely, especially in these market conditions. The pre-mentioned target area is currently the strongest and nearest but I have put another one a bit higher. It is not the case atm but still, a good example of the channel and AB=CD crossing area. It says slightly above 80k. Can you jump into the possible another leg upwards? Yes, around 60k will be technically a good place for a retest. On the weekend I shared in the other site quite a step-by-step break and a retest, which took a bit more time than expected but worked out perfectly - break above 60k and retest afterward, and here we are. Hopefully, you found something helpful for your further analysis, especially for identifying take-profit places. Stay healthy, Vaido
COINBASE:BTCUSD
by VaidoVeek
16
#EURAUD 01 04 2021#EURAUD 01 04 2021 Since May last year, the price has been falling in a trend that was guided by two lines - resistance, also formed in May and support, which appeared on the chart in January. At the same time, the price made false breakouts of both lines. After a strong breakdown of the resistance line, the price returned to the trend at the end of last year - it broke through the resistance at 1.606. Then it tried to break through the support line 1.537, but the fall was stopped by a strong support level. The price has been moving along this level for some time in the border of the support zone and now I expect it to rebound from it and rise to the resistance line 1.567. Then it will fall again. So my final target is the 1.537 support level.
Short
by fxpremiere
#CADJPY 01 04 2021#CADJPY 01 04 2021 In 2021, there were two important breakdowns of the support lines at points 83.80 and 86.07. The first breakdown was in February, the second in March. And both of them speak of strong price growth. Since the first line, which the price broke in February, was formed in May 2013, and the second, which the price broke in March, appeared back in 2009! After the second breakout, the price fixed on the line and continued to grow. Now I expect it to reach the 89.15 resistance level first. Then it will turn around and return to the 86.63 support line. This will be our goal.
Short
by fxpremiere
#EURUSD 31 03 2021#EURUSD 31 03 2021 As you remember, the price has been moving in a downward channel since January of this year. This movement began after the price stopped its growth in the resistance zone of 1.234. And after that she began to fall. Now the price is on the support line of the channel 1.171. It is important to note that in addition to this line, one of the main price levels also passes here. which gives the price strong support. Therefore, I expect the price to rise from this zone to the resistance line at 1.193.
Long
by fxpremiere
#EURUSD 26 03 2021#EURUSD 26 03 2021 However, in early January, the price came to the resistance line - the upper border of the channel - 1.234, after which the decline began. During this fall, the price formed a downward channel. And as a result, falling in this channel, it was able to break through the resistance line 1.197 - the lower border of the ascending channel. This is an important breakout, since after it the price did not correct, but continued to fall, thereby leaving the ascending channel and changing the trend. After that, it dropped to the 1.184 support line, rose to the upper border of the channel, but fell again. Now the price is at the support line at point 1.176, and a strong level is immediately passed. I expect the price to start rising from this zone and come to the resistance line at 1.195. This will be our goal.
Long
by fxpremiere
BITCOIN | The Lines Just Appear Around $50kHi, I'm quite fast, you don't even saw my mouse moving around on the chart and you guys wonder how I can make 10 altcoin analyses under an hour. :) Have been asked how I make my technical analysis, here is a little tutorial before my online course becomes available. ;) Now let's talk about the areas of Bitcoin that I'll be waiting for. Yesterday I wanted to short it but sadly it didn't reach my selling area. You are prepared, waiting, being patient but sometimes the rabbit just runs through your sniper scope and you cannot even touch the trigger, it happens but we don't chase the trades we'll looking new ones! At the moment my eyes are pointed to the marked green box. It stays around $50k and for me, it is quite an important level for Bitcoin, especially if we considering further movements. If it gets a rejection from the box then everything, in the long-run, stays bullish for me. It just needed at least a 15 to 20% correction, nothing wrong with it just healthy marked conditions but if the marked area doesn't hold the price then the price of BTC can fall to the low of 40s. I have been waiting for the retest of 50k pretty long for now and looks like the price wants to touch it, at least it approaching it and I'll try to grab at least something from the marked area. The marked area stays $49300 to $51700, a lot of technical criteria matching each other in quite a tight range and they are: 1) Fibonacci Retracement 38% 2) Fibonacci Retracement 62% 3) Fibonacci Extension 127% 4) Channel projection 5) The equal waves od AB=CD 6) Strong horizontal area 7) The round number 50000 8) Daily EMA50 So, a lot of quite a good criteria, they all acting as support levels and as said they are inside of quite a tight range. Definitely, I would like to trade it if the price reaching the marked area and let the market says was a good decision to enter or not. Preparations are done, let's wait and see, no emotions, no expectations - okay, maybe "like" expectations only;) Stay healthy, Vaido
COINBASE:BTCUSDLong
by VaidoVeek
7