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Ma200

BTC Crucial MomentLooking at the bad news in the past weeks we should have gone like straight bottom, 30/50% down. Instead we hold 25k nicely. Now that we are above MA200 weekly and perhaps will use at support, I see two possibilities. Bullish and Bearish. It hold so well so maybe we can think BTC has some power to complete the falling wedge (red lines), reach 30k or even beyond. Bearish, if we lose MA 200 weekly or 25k we could be exiting a rising channel that we are riding since the last bottom. Tending to be on bullish side but with just one foot inside, till i have more positive confirmations. One foot out to buy after confirmation or on more bottoms. Good luck Jacinto
INDEX:BTCUSD
by JacintoMonteiro
ROSE targets above Rose/Usdt #ROSE #roseusdtHere we see our Rose 3 day chart .You can see that dark blue 200 MA line above us near .1472 and I think that's definitely a target we'll be going towards soon . But if we follow FET and break over that dark blue 200 MA then what are the targets above there ? Because we're going to look for the possible top of this run . Well, for that we have to look at our fib lines . That's our fibonacci lines . These are often an area that gets revisited on any altcoin chart . And for ROSE tether pair we can see to the right hand side of the chart there are some dotted lines and those are next to the probable target price areas . First target is the .618 fib near 38 cents . If other altcoins are running up to these levels then we can expect to probably see Rose go up there too . Next target is the .65 fib near 40 cents - this .65 fib is called "The Golden Fib " and could definitely be a top target . The last target for now and possible top could be the .706 fib near 43 cents - this .706 fib is often thought of as a reversal area as well . So if our possible alt run continues then we could look for these targets . At this point most people think Bitcoin bottom was in back in November and that the market is going back up - at least for awhile . Let's see .
Long
by shimmeringpath
6
BFAM on the way to get over MA200 and stay above for a while.BFAM has a brilliant EPS beat history and the current drawdown should be used as a buying opportunity. There are some challenges though in the long run, such as demography and the "work from home" trend. But the company seems to adapt well to the changes. That`s about long-term perspectives that are not entirely aligned with the bullish narrative. Nonetheless, I would give it a try as the company has a chance to recover at least half of the downside. Do your homework and size accordingly.
NYSE:BFAMLong
by alpha62539
dow jones (us30) will %45 drop if...hello guys! us30 there is in a long term ascending channel for sure... but let look last recession closer: what was conditions of last recession : 1- break down last lower low 2- fake out last lower low 3- before starting a downward movement break ma(200) 4- last lower low break ma(200) too 5- after break down drop until %45 On the other hand, what are the current conditions: 1- last lower low break ma(200) 2- price is near of ma(200) so we are waiting for a break down of ma(200)... so, we get confirmation after ma(200) break down then we can get a lot of short position for indices and us shares: let's look at us interest rate and United States Inflation Rate charts again! i think everything is vivide in chart. what is your opinion about us30? If you agree with my analysis or you are happy, please hit the "like" button and "follow"!
UShort
by melikatrader94
11
BTCUSD, Big Picture AnalysisHey traders, BTCUSD has broken an important resistance at 31081, signaling the downtrend is almost over "but", tomorrow we might be in the middle of the downward for some days or maybe just 1 day. (Target Between S1-S2-S3) The reason: The last upward had broken the resistance at 31081 and tomorrow it might start the retracement, until 26,639, fib 78%. and then the prices will go higher between bands. Important if the prices break down under the 25338.53, the prices will go lower and it might be the continuation of a downtrend. Looking at the big picture, I have plotted in the chart, the important resistances that the price should break up (around 8 main resistances), continuously bouncing between them, including the intraday pivot points bands. Please check the trend, and go with the trend, bouncing and breaking in the same direction up or down is the key to confirming the trend direction. Also, remember pivot point level, and the MA200 are other important bands to confirm if the market is bearish or bullish The big picture analysis will be active for a while, "but" if the prices go lower than the 25338.53 I might need to recalculate all the resistances levels. The market has the last word.
COINBASE:BTCUSDShort
by Bekapc
$NEAR, easy invalidation on an asset with relative strengthYour job as a trader is to find assets with RELATIVE STRENGTH to this downward trend (if you're long). $NEAR fits that description, for a simple reason: It's at support on the OBV, right above the daily MA200 and the MA200 is pointing up. This means that not only is the asset still bullish, it also has a significant edge in your favor: EASY INVALIDATION OF A CLOSE BELOW THE MA200. Thought to find these opportunities in this market. This is a gift. Enjoy!
Long
by Enigma_Fund
1