>>USDCAD<< >>January Week 3<< Short SetupUSDCAD just spiked back up from Weekly Key Level at 1.245, we possibly gonna see a drop back to my
Level, bearish price action was very strong in the last couple of weeks.
Broke short-term uptrend to the downside, our stops are at previous highs, our tp Level is at our actual
low.
This will be a quick one, so trade with care and watch out for fundamental news.
Entry: 1.2505
Sl: 1.2600
Tp: 1.2385
Have a good one, I'm always happy about feedback :)
High
Bitcoin at the crossroadBitcoin is at the crossroad. It is swinging around 14642 while the Stochastic indicator suggests that the long-term uptrend is still intact. As long as the Stochastic indicator is above the blue dotted trend line, we can assume a bullish scenario for BTCUSD. However, once that blue dotted trendline will be broken to the downside, a very bearish scenario will take over with a target of 5568 USD per Bitcoin. We know that the governments of the United States of America and of Bulgaria confiscated Bitcoins worth more than 3 billion US-Dollars. They probably want to sell them all. www.coindesk.com The price of the Bitcoin will mainly depend on how they flood the market with their confiscated Bitcoins during the next few months. I expect a high volatility and many good opportunities for buying cheap Bitcoins.
Bullish Pennant on $XRP/$USD. Short-TermIn the words of DJ Khaled , "anotha' one."
We got another Bullish Pennant on the $XRP/$USD 1H Chart.
With highs meeting downtrend resistance and Higher Lows showing strong Bull sentiment. Short Term goal is $2.9 - $3 with expansion to Hi of $3.30 later this week. #XRP #Ripple
29/11/2017 BTC/USD AnalysisAfter having broken the $ 10,000 level, the price reached a historic high exceeding $ 11,000, however, it had a strong drop to $ 9,000 and a subsequent recovery back to the $ 10,000 level. This situation shows the high volatility of the asset, strongly influenced by the important level of $ 10,000. www.reuters.com
Bitcoin: BTCUSD Overall Still Still Positive at higher levelsOverall dull right now but with a positive undertone, still,
at these levels. We look to buy from lower, closer to 7531 if
touched or, if very lucky, on any sharp fast test of the lower
parallel which would also be viewed as an excellent buying
opportunity, should we be lucky enough to see it later in
China/London on Monday. Unlikely, but it's Bitcoin.
If unsuccesful from lower levels the next buy point will come
on a break above that upper parallel with stops under 7700.
BTC to $7200USD updateBased on my very rudimentary chart analysis using Elliot Wave Theory principles , it looks to me like BTC can reach 7200$ USD as a relative high. Again, this is my first application of Elliot Wave Theory and by no means am I an expert nor is this advice on investing. Simply my view on where BTC is headed in the next 24 hours or less.