Ethereum : Areas of concern.Greetings Trading View community!
In the following analysis I will explain how Ethereum tends to work within the stock market
and the way it develops over time.
As of the beginning of this chart we can see the value has had a tendency to grow upwards within the past few months up until
it peaked somewhere along in the middle of November. We might as well observe how the price has been diminishing over time ever since its value reached its highest point,
creating a pronounced downfall which remains until today. As this situation manages to resolute itself we will
have to wait until the percentage been given to us (61,8%) adjusts onto its support line, which should make the value and its tendencies to slow down as
indicative of a possible rebound within the following months.
If you require any further information, feel free to contact me.
-Peter Bernstein: "The fundamental law of investing is the uncertainty of the future".
I hereby declare that the information provided here is only for educational purposes and nothing else. Happy trading!
Goalltrading
BITCOIN; CHANGE OF TREND?Greetings Trading View community!
In the following analysis I will show you different approaches I have arranged within a stock chart market regarding Bitcoin
so you may be able to understand why I operate the way I do and hopefully you can too navigate through it.
As of the beginning of this chart the price meets a constant downfall which gives us no indication to operate safely until
the price given overtakes the 34.000 mark price. It is due to this maneuver we will have to seek a tendency within the time frame of the candles
to allow us understand what the current expansion in its development throughout the risk zone is going to seem like. Just in case the price would continue diminishing over time
we will have to take into consideration what the consequences of this behavior may produce within the 24.000 mark point so it could give us a hint to its development.
Keep in mind Bitcoin is known for its high volatility along all other cryptocurrencies which leaves us behind a huge amount of false breaks and pronounced
streaks on their clandes. If the price neglects the risk zone we should consider different approaches from 44.000 up to 54.000 price mark.
When it comes to SL (Stop Loss) it should not be positioned below the 34.000 mark price due to its tendency to drop down below its current market price.
Warren Buffett: “Rule No. 1 is never lose money. Rule No. 2 is never forget Rule No. 1.”
I hereby declare that the information provided is only for educational purposes and nothing else. Happy tradding!
NASDAQ 100; LAST CHANCE TO BUY NASDAQ STOCKSGreetings Trading View community!
In the following analysis I will contrast different ways of maneuver regarding Nasdaq100 within its relevant zones
applaying the methods I see fit trying to increase the profit in which the value may grow into.
As we observe in the following chart, we appreciate the price has reached a current value of 14000 USD, making this a desirable zone
in which we may be able to work in. The following percentages as being displayed (38,2% and 50% respectively) are understood as
rebound zones as well as them being shown within past thrust ranges giving us a prone indicative they may be happening again
somewhere in future displacements of the chart. Once this behavior has being confirmed by the way the chart develops
we will have to take into consideration its price and the leaks these values have left behind. If this case scenario thrives in its
task we will have to acknowledge the leaks these values may produce within the candles they are influencing upon. We will have
to strung the Limit Loss option down below the remaining value it leaves underneath off the rebound zones. If the value surpasses
14000 USD our way of action will shift into a more aggressive approach as it is indicative the price itself will skyrocket with the
possibility of it engulfing 16000 USD / 16700 USD up to 19000 USD which will make the reaching of its price range a highly valuable
movement for the development of Nasdaq within the following months.
If you require any further information, feel free to contact me.
Alejandro Anciano: ''From all the goals a trader may latch onto money is always the latter, the former is a wise way of action''
I hereby declare that the information provided here is only for educational purposes and nothing else. Happy trading!