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CADJPY Bearish Bat PatternCADJPY Bearish Bat Pattern and Short Opportunity
Description: CADJPY completed a Bearish Alt Bat PAttern on the H4 Chart. Bearish correction is predicted.
OSMA divergence confirms the bearish reversal
Trade Setup
TRADE: Short
Trade Period:Intraday / Midterm
Estimated completion time: 2-8 H4 Candle Stick
The trend in the Timeframe: Bullish
The trend in the Daily Chart: Bullish
The accuracy of the pattern: 86 %
Recommended Lot Size: 0.10 at 10K
Entry: 83.60-83.65
Stop: Above X 84.05
Target 1: 83.40 / Reached … We take partial profit and move Stop Loss to entry.
Target 2: 83.10
Target 3: 82.88
ADA Head and Shoulders Wyckoff Accumulation EventAnother Accumulation pattern found on ADABTC chart: Traditional "Saucer" or "Rounding Bottom" Trading Range also known as Head and Shoulders (inverted) bottom.
Price still in E phase, so there is a good opportunity to buy for holding mid term.
Targets are 1600—1800—2300—2500—3000
NXT: Great investment tool to make 200%—600% profit Next yearWhy NXT pumping after breakout from BlackDowntrend line?!
— I Have No Idea...
This TA for NXT I made in Live Stream show, so stay tuned to Youtube channel. We do live every Wednesday.
Targets here can be 2800 or 4500 which is 200% or 600%.
Have a nice trade, CYA!
BTC Bear market will end between May and Oct 2019There is a clear pattern on log scale that the bear market will end in late May at a price of $2800. The graph shows that the dotted line continues to fall until the point it reaches the long term trendline going upwards. On the other hand, the same analysis has been done on a linear scale and shows that the Bear market will end in October 2019 at a price of $3000.
My conclusion is that the bear market will end between May and October at a bottom price of $2800-$3000.
Compared with the bear market in 2015 there are many similarities. An import similarity is that the bear market started 9 months before the halvening event in 2016. At current time this would be translated to August 2019. This would be a price of bitcoin just below $3000.
However, some analysts such as Tone Vays and Tyler Jenkins predicted the bitcon price would fall to a $1000-$1500 range. Tyler for example used a different method to analyse and he used hyperwave.
A good strategy would be to apply DCA in combination of price levels. If you have a bag of 10k available to invest in bitcoin this year I would invest it as follow, starting from 1st of April:
Every first of the month - invest $500 (apr-dec = $4500)
In combination with:
At a price level of $3000 - invest $1500
At a price level of $2500 - invest $1000
At a price level of $2000 - invest $1000
At a price level of $1500 - invest $1000
At a price level of $1000 - invest $1000
And for the rest, just HODL! ;)
new Elliott waves cycle?Excelent Risk/Reward for next Elliott waves trading....
+Price is above 20 EMA
+Good Low Fibonacci Support
+Stoch (14.3.3) near oversold... going upwards
+start 3rd wave cycle
Hope you achive good profit on it...
Trend is about to being tested on BTC..As it's well visible from the graph, the downtrend is dominant in this motion.
However, as previously said, the big support in the 3.000$ area is about to act as a recovery start.
In addition, there is a high chance to test the mid-term downtrend line, actually sitting at 3900.
We strongly suggest not to do any action at this current prices, but a long from the 3200/3300 area up to the 3800 area could be a smart move.
Of course, you should close the position in case the 3000$ support doesn't hold, and increase the size if we break 3.900$ resistance
Happy trading
BFCM
SP500We are looking at a long-term chart that will tell us a lot of information that corresponds to the world economy.
Pay attention to the highlighted areas for a bounce or break!
We will keep an eye on the 2.400 AREA should the price break down further.
* the area with the most momentum is currently the short side because the US economy is fundamentally slowing down at the moment.
For more information:
drive.google.com
BTCUSD - GO LONG!!!!just my take on the future of bitcoin. ignore all these HODL s**t talkers about how the price going up for $100,000, dont let them sway your mind, dont trade or invest on what you hear or believe, dont let your emotions get the best of you, TRADE ON WHAT YOU SEE, the demand for bitcoin has has only changed a small bit but that is because of the greedy people who bought at 20,000 and lost their money, they dont understand the fundamentals. the so called bitcoin bubble isnt a thing, bitcoin has not crashed, it is a retracement. now my rant is finished.
wait for a breakout of the wedge and a retest of the trend line.
and again don't let the deluded bend your mind, only invest what you can afford to lose, whether is is $5 or $50,000. nothing is ever guaranteed.
-Pauric Finnegan
[WAN/BTC] WANCHAIN BOTTOM COULD BE THERE [ POT 20-100% PROFIT]#WAN / BTC ( Binance )
Buy Range : 0.0001550-1650
Stop loss : Below 0.0001400 ( Short-term ) , Not recommend ( Long-Term Traders )
Target 1 : 0.0001979
Target 2 : 0.0002337
Target 3 : 0.0003204
WEEKLY CHART :
- No new lows on price action
- RSI pointing up , making new higher low/high
- CCI next to turn into green cycle
- Stoch RSI looks so good
- MACD performing very good
DAILY CHART :
- Clear Breakout of the Daily Triangle to the upside
- Good Volume Spike behind
- Supported By Ema20/Ma50
- Ichimoku cloud breakout and closing above it
- RSI, MACD and CCI going to the upside
- Bottom Candle Spotted
CONCLUSION :
WAN has stopped its falling on August where it seems bottom has been found. Im expecting very good profits on long-term for this coin and ill probably check my targets for new ones when these got reached.
On the short-term bullish actions is showed but market still lacks of volume proper of Waves 1 after massive dump.
I consider a very good moment to invest if you are able to.
Good luck
Something different about BTC now, long time?!Hi guys.how do you guys cope in this market now? so hard right? but i am here. winning percentage over 70%! anyway,right now trading btc is very delicate. but from that pump to 6700ish(bitfinex 7800), maybe short term we have more upside coming.
as you see in the chart, btc always did something that we all know. it creates a high, but it keeps on creating high, until 4hr, daily rsi shows bear divergence. right now, there are many bears that think we go to 5k now. but, i do not think right now maybe. maybe btc try 6700~6800, even 7000 before big drop.
in terms of rsi and price, i think we have completed the drop from 6800 to 6000(bitmex), and finished off the bear divergence problem in short term. it hit 6700ish, but maybe that can be just the start of a new run, even though it can be short lived.
you see in the chart, btc will not drop 800 dollars or 1000 dollars without showing the climax of the peak. we bottomed short term at 6000, touched oversold zone,4hr. and we had the crazy move up. now you guys know i am fully bearish, but i do picked some good long picks that worked so many times.
now usually this needs retracement down, but since it is hovering high at 60~70 rsi zone 4hr, and bitfinex is keeping its price above 6680~6700, can mean something. so i am currently bullish, even in short term. some reasons.
1. consolidation in a bull flag->people should not short, even though it comes down.
2. bitfinex maintaining 6680~6700 price.
3. buyers at 6400/6480, keeps bouncing up.
4.if start of a short run, after bottoming at 6000 with 4hr divergence, in theory we should see 67 again, and maybe 6800/7000.
this bull flag started from 6200 zone peaked at 6700. usually if bull flag work, it would go up to the size of the flag. therefore,
if we go from 6400 zone now, it may mean 7000 is incoming.
of course, in terms of weekly, monthly chart, it is still bearish. and, it can always risk a big drop.
this is the bitfinex chart. if we have dropped, we have dropped already. it escaped the triangle, under resistance of 1hr red cloud.
if price maintains its current position, it can consolidate until the end of the red cloud and climb up. in 4hr, bitmex and bitfinex chart can be seen as
a bull flag.
if we go up, price could move like this. if we go up to 65 or 66~67, that means btc whales want to clear the downtrend line zone, go above first, then give some retracement to the downtrend line. notice that thin resistance lies at 25~26th. also do mind that ETH announcement incoming at 28th. we could go up very fast, or go down very fast.
if we drop from here, above chart is the expected scenario.
so short term, we have choices like the below chart. price can successfully defend 6400 zone, and go up after 10~18hours from now. or, it can drop from 6430/6440 to 6300/6200 zone again.
i am already in longs at 6417. it can risk of dropping hard any moment too. therefore, buy from 6000~6400. stoploss is 5800.