Daytraiding with Bitcoin
In the last idea, we looked at a wedge . It was broken down, which gave us the signal to SHORT. Then we formed a price channel and clear impulses. Also, a live chart with a price channel was provided, where the price could not clearly break it down and moved strictly on it. In the course of formation, I gave you signals for the approaching correction in advance. Now we consider the purpose for the correction who came to long, but mostly for sellers. I marked 2 areas where it is necessary to go long. The price can also reach 2 zones additionally. Attention to special area setbacks between the slide. They also confirm the importance of these zones. As the wave 4 ends I will give you a more accurate zone 5 for fixing and entering the long
Matthew
Long Term investment with Matthew. Ethereum Part
all kind time of day. Now let's talk about investing. I will start with Ether as a promising coin, behind which there are projects. And so all that we have. 5 wave impulse down, and most importantly - elongation in 5 wave. This means that the price is more likely to return quickly after the depression. I have pointed you to "very approximate" levels to buy. At the moment it is already at an attractive price. And so after, we will see the correction of the fall up. This is the minimum to which you should count. This is the strategy of many professional investors. Let's see how my level works out in the future
Medium-term trading and long-term with Matthew. Bitcoin. FLAT
In medium-term trading, we do not see a impulse trend, as I said before. The price channel is directed very poorly. Only after 4 waves, we will most likely change the angle of incidence. Consolidation. I still don't like medium-term trading. On the other hand, we have a lot of opportunities for short-term trading in the future. We can both long and short. I do not claim that wave 4 will come to the border of the channel, but we will wander, misleading many traders and investors
On very large primary cycles, we're still in a downtrend channel(1 day) and we're missing another fall. But this fall will be about near the last drop or even a little update at least
so TO THE MOON is canceled
Oil rally takes a little pause
Brent crude oil 0.03% for a time was in an uptrend. We have reached the peak of the trend. Now comes the correction. The nearest support levels are located on the chart. The price is less likely to break through level 2 as well. The impulse ended with a finite diagonal triangle
Disappointing news for Bitcoin
In the last idea, we looked at a diagonal triangle that turned into a wedge with an exit down. All this time, we've been watching things go away. But now it has been broken down and I can say that we are going to update the lows. For those who came in the breakdown I provided in the zone on our way. All this upward movement of the snot was likely a corrective phase. Calculated for you to approximate the price movement. We are into the downstream channel, it is also possible to work on alternatives in the future
About the cancellation of the scenario with inverted heads and shoulders, I do not think you need to talk
Daytrading with Ethereum
In the previous idea we considered the initial diagonal triangle with possible 5 waves, which later had to give the ether an impulse upwards. But bitcoin intervened in the structure of the waves and the ether fell from the wedge down. We formed a downward impulse. Waves and targets for short in live graphics. We are moving in a descending channel
Daytrading with Ethereum
In the last idea, I offered you my rebound strategy, which gave us almost 8% profit, excellent for short-term trading, also the level that worked. This time I decided to analyze the ethereum situation more fully. We see what is currently happening with Bitcoin, Ethereum Classic. In front of us diagonally, still not confirmed of course, but in the long term will help Ethereum. Untill It's just a wedge, which can dislodge and down
in case of confirmation of waves and exit upwards, the targets are shown on the chart
Disney, flat or uncertainty?
In the long term, Disney shares are in some kind of consolidation. We see a triangle, the waves are almost ready. But only here it is necessary to take into account the fundamental basis. It depends on where the stock prices will go. The waves we expect another wave of buying, but do not exclude that it might break in the opposite direction. Goals and area of interest are on the chart
A bitten Apple in an uptrend
I as a fan of apple devices decided to make an analysis of the company's shares. And so we have a long-term uptrend, not surprising, because the company is growing, and the products are in demand. Now came the correction phase, noted the area where it would be interesting to buy in long. It is also the lower bound of the ascending channel. The growing divergence signaled the end of the 5th wave. It would also be worth analyzing the fundamental part, in case of deepening, but I think it is clear
Why do we need wave analysis if we have heads and shoulders?
In the last idea, we looked at the bullish flag and the triangle. But something went wrong and everywhere the output was down. Fortunately, we only go in the breakdown, and therefore not lost anything. Also wave analysis ceased to give any signals. And all that with great probability has grown into an inverted head and shoulders. I considered before that the usual head and shoulders with output down, but the buyers did not let this happen. So I give my voice towards this setup. My colleagues also think too
Ether trend and prospects
With Classic all, too, most. The same descending triangle. Bullish sentiment. But at the same time still wanders in the descending channel. He noted the nearest resistance levels for him. Most likely, an impulsive decision will be made to exit the channel and form an upward trend
Daytrading with Matthew
In the previous idea, we looked at a rare and beautiful diamond pattern that was formed from an expanding triangle. I gave you a short at the breakdown and eventually we got a 4-5% profit. We also saw inside it a flag which also gave us 2% scalping. And here we come to 1 area of interest. From here you can gradually take in long. I would take 30% of the Deposit in that case. For day traders you can take a higher % of Deposit goal 3% profit trading rebound
It is also worth considering the situation at 4H
Medium-term trading with Bitcoin
For those who are thinking about a long position, I want to say that the trend is still downward. We are moving in the channel, Yes there was an attempt to break it, but we left for correction. We did not update the new high, and did not break the previous pivot. I can't say that in the middle school we're in an upward trend. The maximum is flat. I will think long only after the price crosses the mark of 9600-9750. But we will look at the situation.
At the moment I conclude - the downward trend. Long risky and short too
Daytrading with MatthewBITFINEX:BTCUSD
In the last idea we saw with you a lot of signals for correction. Also considered the shape of the expanding triangle, but for some reason purpose it fulfilled was not, but only left a pathetic snot. Those who put the stop to breakeven remained unscathed. As is often the case, a failed pattern can grow into a larger figure. And we see on the chart there was a fairly rare model diamond. Also considered a reversal model. Since then, we have drawn a correction three, so the way down we think is open