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ROUTE takes the Route towards its high :P LONG TRADE.A successful breakout today from Symmetrical triangle inching towards it's previous All Time High. The stock has a potential of going higher then its ATH . It took a support of the falling channel and the lower trendline(now for symmetrical triangle)
One can wait for a retest to occur and buy around 670 levels for a short term trade. Well the Risk takers can buy the stock at CMP (1693) around 1700.
Rsi also looks in good bullish momentum currently at 64.
#Pure Price action.
USDNOK BUY Hi All,
Looking at this pair we have an impulse wave 2 up from the descending impulse and also we are inside a downtrend diagonal which signals a trend reversal from bearish to bullish. This is not a short term trade, so you will have to be patient and stick to the sl marked, once price move 50pips into our direction you can move SL to entry or above.
Entry and SL marked.
US100 AnalysisToday's Analysis Bias: Long; We have previously broke market structure and retested.
Reason: Market has recently formed a double bottom and according to the theory of trading, 'Double bottom' is a reversal pattern to the bullish side.
We have our break and retest.
Have a Profitable Week.
BTC Swingtrade Part II bulls attack !!!Hy trader!
What a nice weekend, bulls break out with good volume and stay strong!
If you're new to the game, check out my previous analysis..BTC Swingtade bulls defend 50k, see link below.
If you're not in a position yet, check out the 60k -60500 range.
My SL is below the breakout level. Btc should no longer be included!
If you're holding alts, be careful, if BTC continues to rise, most of the alts will bleed in my opinion.
With me on the way to the top !!
Check my performance:
crypto, forex and stocks
If you like my worck, smash the like button, comment and follow me!
For more good and profitable content, I would be very happy about a few tradingview coins.
Contact me if you have any questions.
Dyor and trade save !!
No trading advice!
Bitcoin route to professional attainment.In the last couple of weeks, we have posted several BTC, crypto and alt coin posts. This has been followed up with updates and comments. Going back over them, we thought it best to correlate the info under one post.
So related ideas from the short call.
Here's why we saw the short move.
Daily Elliott 5th wave being completed - linning up nicely at the time of the post with the extension level on the weekly.
The weekly view.
Weekly with extension.
These show the potential for weekly targets.
Confirmation on the weekly Stochastic.
They blew up the rocket post - see linked ideas below;
The follow-up as it played out.
GRAYSCALE
This is an interesting topic in it's own right.
Divergence from the Oscillator.
Divergence to the BTC price.
Lastly - SEC filing for annual report. Check out the dates.
Then we looked at total market cap and the situation compared to monthly and weekly Elliott structure - look at the Stochastic region.
Comparisons
Interesting to see what other assets in the market are doing with and around bitcoin.
BTC/SPX
BTC/Gold
BTC/DJI
Into the local move - after the first post.
Interesting channel levels being respected.
Key price points on the 4 hour timeframe.
Expectations lower timeframe at 1 Hour.
Hope this makes sense - maybe after reading some of the other posts.
The intention here was to put the info from those posts into this one. Giving some depth and logic to why the calls and what we see next.
Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
#RLC : Upto 100% Profits Opportunity In The Mid Term.Pair : RLC / BTC
iExec RLC is looking good for a breakout on the 4Hs chart for a bullish run over here. We are already in a breakout formation from the already formed falling wedge and indicators are looking bullish too.
Volume : Is compratively looking very healthy after a long consolidation move.
RSI looking perfect for an entry.
And signal line is already going further up from the MACD line which is showing a good possibility for a breakout.
Accumulation Area : 2900 sats - 3208 sats
Distribution Areas :
Target 1 : 3603 sats
Target 2 : 3923 sats
Target 3 : 4242 sats
Target 4 : 4696 sats
Target 5 : 5275 sats
Stop Loss : For #Hodlers close below 2560 sats
and for scalping depending on your trading strategy a close below your 5% profits will be a stopping loss point.
By @togetherweaccumulate
BTC prediction through 2-28-2021 - Decline to a Boom!For educational purposes..
Get ready.. the next .5 fib wave is done. and to get to .715 is a long wedge rise... Next stop $59,945 , $63,345 , & 65,780 by March 1st-3rd
Take advantage of the dip right now at $48-50k. Support strong above 45k, 42k, remains bullish and positive after flash crash to $7,200 on 2-22-21
A rare event in which all monetary values have been reset within block... scarry as an investor.. ouch! $100 billion margin wiped from the books.
The next era starts at a basis value of $7200 tho... not $1. think about that for just 1 second...
and, we're back.. Now where do you think we go? Beyond the moon. Cosmic exponentials.
So, peer those pupils on this accuracy, Follow the yellow line I drew, this is what BTC is doing for next 2 days, by 28th-1st.. a Leap of all years to take place... $20-26K leap..
I call $73-74.5k as next peak by March 17th.
BUY THE DIP!!!!!!!
#REQ : To The Red Planet? Upto 8X Profits Opportunity #LongTermPair : #REQ / #BTC
REQUEST NETWORK : Is It Going To Be Listed On CoinBase Custody?! If So The Charts Are Also Going To Help It Fly To The Moon!!!
By : @TogetherWeAccumulate
# Blowing out of the falling wedge and this is going to be a huge blast for upto 8X profits in the mid term.
- High Volume detected.
If fundamentals are going to be true and if this coin can be listed in Coinbase's custody - it is going to be a blast. No tweets till this post is submitted but rumors are saying that though after the huge stable pump with a big volumes get ins.
Accumulation Recommendation Area : 175 sats to 195 sats
Distribution Area :
🎯Target 1 : 261 sats
🎯Target 2 : 321 sats
🎯Target 3 : 381 sats
🎯Target 4 : 466 sats
🎯Target 5 : 575 sats
🎯Target 6 : +889 sats to anywhere.
Stop Loss : Close below 160 on the weekly chart.
This is for hodler's trade option. We will made an analysis on for the shorter time frames on the next post. Stay Tuned for Live updates. With Regards. #TeamTWA.
@togetherweaccumulate
#ALT Market : Market Needs A Correction For Good. #Market_Update
#ALT / #BTC
The overall crypto market cap chart excluding #Bitcoin is also showing a hint that we might see a correction sooner or later for the sake of overall economical market theory and general human behavior. By this we have been in a rush for a bull run starting from the last month of 2020 till the end of last week. It started to show a bearish sign by its indicators and already passed the 1% Fib level of the 2017 surge of the crypto currency market. But by saying this we are not concluding that the bull run is confirmed to be bearish at this point since we have to see some more factors as indications for the confirmation.
Indicators :
MACD : is still above the signal line which we might see a fall for a correction soon especially because of Bitcoin's dominance on the market.
Volume : Is fairly in good position though since we are still having more institutional money coming in to the market by which we have seen Bitcoin surpassing $1.5 Trillion USD last weekend. But we still needs some push ups to the upward side if we are aiming to see Bitcoin further to go a leg up towards the next resistance areas. But it seems unlikely that institutional traders might take a step back and stay to get into the market while Bitcoin corrects.
RSI : is at around 80 with an overbought sentiment. We still need some potential fundamental analysis for our RSI stability though.
Note : This is just an insight for the market and we would like to say that we are not still at the position to conclude our next move since we got to see the weekly chart closed for the next move. We will give updates on the market for more though.
With Regards.
#TeamTWA.
@togetherweaccumulate