USD/CAD , you have to be risky for a biscuitHi traders , the hard trade , to complicate for me but i will risk it when the market opens and be like snake to every forex floor ,
-->weekly : above MA200 uptrend obviously
-->daily: above MA200 but its a candle they call it Shooting Star but i am not sure if it is , maybe a Master help us ;)
(i see shooting star because the upper shadow is 2 times the body of the candle)
my signal for that is SELL.
--> the H4 is Hanging Man so for me is more sell signal
but in the H1 we see a strong bullish candle , so we wait the confirmation , i need one more candle to tell me that is ...SELL!
Resistance : 1.31468
Support: 1.29915
we aim for that support , but still is to risky for me .
We aim for Monday , the usd will fall from the sky 100% .
Stay Tuned , The Master
Hard
Bitcoin BTCUSD Trying Hard to Change Trends Today Bitcoin BTCUSD Trying Hard to Change Trend
Bitcoin broke above the 9537 line here and then moved up to
testthe upper parallel, making an 02:15gmt/21:15est high
within the first hour of far East opening before falling away
\again to an 08:15gmt/03:15est low right on the blue support
line at 9373 before bouncing again on European interest at the
lower levels. Now it's bounced to touch the first line of
resistance at 9537 once more and day traders are taking a fast
200 point win and cashing back out again many of whom have
shorted at the usual 06:00gmt traditional short time and made
200 down and now 200 up again. At the moment Bitcoin is still
in day-traders' and scalpers' territory with no killer swings to
trade as yet. It's still trapped in a downtrend but is at least
trying to form a higher low so far today and therefore showing
first signs that this downwave is running out of downside
momentum. In very near term it's gone into a small
continuation pattern and is trying to break above the 9537
line where fixed and dynamics converge - tiny pins below and
above price forming on 15 minute chart meaninga big battle is
raging below the surface here.
Things only begin to turn positive again now when the 9537
line is retaken and held by the bulls - that will likely lead to a
test of the upper parallel again at 9682-9715 - and then the
big test...Bitcoin has to break and hold above the 9715 level
before the last bear will back off. It would be yet another
brilliant escape act by Bitcoin if it can manage this at any
point today, attracting every bull still left in town back to the
game and should be followed higher if we see this price action
develop.
But until then Bitcoin is effectively trapped at these lower
levels and the downtrend remains in force - but it's not super-
bearish here, just mildly so - and so we need to watch it here
to see if it tries to break above the smallest parallel of the
continuation pattern - if so can follow with stops below 9480.
Otherwise we wait for lower values still.
Iota all overI believe iota will finally take off again. I have the roughest time of all of them reading iota. Doesn't ever seem to believe it has ever made bottom after its explosion. Maybe its ready now but look at it sputter. I need to learn eliot wave to go with what I know. Seems like it will be weak if it takes off.
EMC2 hardfork + coinburn EMC2 has been going wild in the past few days. Very strong movements.
Buy range = 0.000057 - 0.000069
Target = 0.00010 - 0.00012
If you want to go long, target = 0.00022
- Hardfork around 10th December (sell before that).
- Coin burn after the fork.
If I just had more BTC to spend...Those market insanity occasions are when I'd love my btc balance to be higher, so that I could buy more alts.
Everything is going down, and the best altcoins aren't spared.
I'll give you my short list, which could be way longer:
OMG
WTC
LINK
BNB
NEO
ARK
MTL
LSK
I believe they're all sure fires, which will go back up once the craze ends.
I don't exclude them going down further before Nov Fork, and that's the reason why you should average your buys in time.
BTW, everything below fib .50 is gold to me.
If OMG goes @.618 retracement, I'll definitely pour what I have left in it!!
Happy trading everyone!
Long ETH hard for for MondayJust in case everyone forgot, here is a chart showing the results of the last hard fork. Not counting the rally the day before, ETH/BTC was up 30%.
I think we at least go to .022 but now would be our chance to break through the all time retracement of .382. If we were to rise another 30% that would put us at .025
ETC to be or not to beWe've hit cruicial level right now. i belive the future of ETC will be decided right here around 0,0037. this is the last chance for rebound and confirm the uptrend we were in all along. it can happen either way so i wont pick any side let's just sit watch. i wouldn't long ulness we breakup from the triangle and go over 0,0048.. if we do there will be a lot of room for gains so i recommend patience...