Warning. Banco Santander S.A. is planning to invest in REEF.I work in the Santander Group internal offices.
Today on the dip was a discussion about crypto, talking about BTC, ADA, DOGE, CHZ, the Barça token, Polkadot and REEF.
Executive managers talked about purchase around $30 M - $50 M of this token.
Be ready.
High
BITCOIN MASSIVE BREAKOUT POTENTIAL OUT IF TRIANGLE for new atmBitcoin trying to break out if the triangle(counter trendline from all time high to bottom of channel. If it confirms and closes an hourly above look for an upside towards the top of the channel and a second target of the all time high. After that a target of 65k (triangle breakout target) and to complete the cup and handle breakout target at 73k which will be the cycles high most proburbly
Go long In INFIBEAM Stock:-Price is supported by high volume so uptrend will continue till volume is supporting it.
The Stock is also in oversold zone so lot of upward movement is still to come.
IF we look at chart pattern, we will find a beautiful uptrend in chart pattern .
So act accordingly, you can still go long in this stock
Put Put2021 account is growing! Mega portfolio includes some options trading to generate some cash to invest in common stock and I see a perfect opportunity here with NKE. Based on Mondays performance we can see that bullish strength is weakening based on the MACD.
RSI also shows room for decline to 50 or lower, while there is a sell signal on 3x confirm. D+ shows growing bearish divergence so strong that I believe it will break below the support level of $136.26 as indicated by the Kurotoga Cloud. I am giving 4 days for NKE to hit $125 a share.
Like if you agree or like the analysis overall, and comment your thoughts below.
GBPCAD Short + S&R 3-1 RRHere is a mark up on GBPCAD as I see it. I am attempting to fade the strength in the Pound against the Canadian Dollar which is currently coming off of 2021 highs. It is a 3-1 risk reward and I am looking for another rotation down to where there was a large impulse move up on the February 4th 2021.
bitcoin bearish idea seems we could have topped out, i could be wrong as bitcoin loves messing with your mind, but im seeing the top maybe as we just are not moving at all as there isnt no volume, that drop lastnight was scary for alot no doubt for alot people, , lets see what happens , its only a idea but could play out
DYX on the dumpSince November I noticed a patter with AU, EU,NU, and GU that was similar to their 2018 trends that established our current previous high.
These pairs at this level are making initial MACD/SIGNAL crosses on the 4hr and day charts. This sentiments towards a huge increase in volume, which if occurs at their current levels will push to retest their previous highs.
In the chart presented the MACD/SIGNAL have made a cross just above the signal line. While the 4 hr chart MACD/SIGNAL cross is in play.
Let’s see if this checks out for a run to the top.
Please comment with thoughts and ideas. Thank you.
Final push to retest previous high?Currently the 1 hr chart is presented.
We can see a MACD/SIGNAL cross in play. If this stands at the next bar close out we can expect a huge buyer push to retest the previous high. On the day chart MACD/SIGNAL have already crossed while above 0 line to further confirm a huge push ahead. RSI on 4 hour chart has room to breach further into the overbought zone to further confirm a push.
GBP started off hot today while DXY why is swimming in poor sentiment so pay close attention to trade volume and trader sentiment.
Attached is is my previous GU analysis that is still in play, which sentiments the same play out.
Please comment with thoughts and ideas. Thank you.
EOS Accumulation Zone Complete / Result: Effect Stage CommenceHi Everyone,
It appears EOS has now completed its accumulation in respect to the Wyckoff Theory. Rhyming to the rules of Wyckoff Theory, we can see the Accumulation (Cause) now reflecting the strength of the buyers and pushing the price above the zone to represent reversal of the trend which should now have the health to make new highs (Effect). I Personally have a target of around the 1700-1800- Satoshi Range which is a potential 80% profit.
Other supporting factors include:
Volume: High (we haven't seen this peak of volume in 3 years)
Candles: Weekly Candle showing the buyer strength as consistent wicking of the weekly can be observed in favour of the bulls
EW: From peak of 2018, ABC wave correction complete with wave C extended 5th wave 1.618 showing exhaustion.
Lets see how this one plays out.
Please follow for further updates and other Crypto trades .
Please note this is not Financial advice and DYOR as always.
Thanks,
Husky.
BTC Possible Scenarios (For Now)BITSTAMP:BTCUSD
It looks like BTC is setting new highs again. We are approaching a 2.618 fib. extension level. If we go break above it and form a support, we could be VERY BULLISH. That would be nice, but for now i belive it is more likely that we will get rejected from that 2.618 level and retest much lower areas, then go for a final rally with the altcoins outperforming BTC.
I am not a financial advisor so don't buy anything that a say. Be well.
XRP still look bullish..Idea if you want to jump in nowHere's a trade idea for XRP/USDT for those who would like to jump in now
The price is still hovering where our MA crosses signaling a long. I use our MA script to define the entry
Our stoploss use pivot from our Stoploss picker script
As for the TP, I placed it near the next candle after the recent high as it might very well retest this area. I wouldn't suggest using the MA cross as an exit as it is not performing well for this pair.
If you are risking 2% of your account on that position, you should use 4.69% of your equity
you can learn how to define your Position size by googling "trend surfers position size"
this is not the best trade opportunity, but for those who really want to trade XRP today, you might want to consider this trade idea.
AUD/JPY - Price beginning its DescentWe've been bearish on this pair for some time now after a previous break of structure. Price retested the highs and tanking rapidly so far today.
If you want to learn about this analysis, using highs, lows and key structures just send me a message on TradingView.
Happy Trading guys!
XRP Daily - Fibonacci With the zone mentioned on the chart being from the weekly timeframe, it is likely that we will see a push towards this now $0.26 has broken.
The wick on the 22nd to $0.24 was also a sign that this move is likely to happen.
This would close the Monthly candle as a doji which is a good sign next month should be bullish.