[BTC] Bullish midterm tradeThis is how I will trade BTC in a bullish scenario. If we get a good break in $6909 I will buy.
Next, I will sell some % in the 3 target: $8859, $10426 and $11993.
You must adapt this strategy to your level of risk with a stop loss, lower targets and bigger % sells in the target.
If you win some $$ with this trade, you can buy me a coffee: bc1qejlru267zn25jxzs6p4tgm85el68ggx55eqdaq
Midterm
NEOBTC | ABCD and triple bottom strong supportPreviously we analyzed NEO in accordance of USDT quote currency, unfortunately the position was strongly correlated with Bitcoin price action. In current market condition we received a confirmation of sustainability of NEOBTC in the mid-term
From a technical sign we have a strong buy signal because of completion of ABCD pattern and formation of triple bottom which stands now for a strong support of ascending trend
NEO is very oversold and its market value are much lower than real intrinsic price thus there is a good fundamental background for this position
We recommend to accumulate NEO and use amount you accumulated with USDT quote currency for middle term holdings
Entry price, target levels and stop loss are in the settings of automatic premium signal
BTC - Why we broke downThis may be a possible play in itself, as a measured move would have a target of around $4500.
Currently, the support is ranged from 4850-4975, but this is not extremely significant support and may mean that BTC breaks down from it towards $4500...
Whether the triangle is bullish or bearish is not relevant to me, as I only see it as some sort of symmetrical triangular formation meaning an equal chance to break out either direction.
- You may be wondering 'what was that massive pump and dump earlier today?' and my answer is: The federal reserve announced further cutting of rates towards zero, and initiating 'quantitative easing' with $700 billion. This will positively influence the prices of stocks but not forever... This is why I think BTC had a huge move up, and CMES opened after the bullish candle, but quickly sold back to the opening of the candle. -> The majority didn't think BTC was worth 5900 at the time.
- The 12hour 10SMA was exactly at the price, and this could also be why there was such a huge rejection:
After this move down BTC was back inside the triangle, and actually had a small rally to the top trendline before selling off and eventually leading to the break it.
I actually placed a short position in at exactly $5965 and played it down for a nice %60 profit.
My next support zone is between 4150 and 4250. This is also confluent with the Weekly closing below both the 200MA & 200EMA earlier today. This giving good reason for another test of the low to mid 4000's.
When in doubt zoom breakout !!While still highly volatile and very much unpredictably carried by OTC trading and other factors that can not be determined due to unforeseen market consequences or variables we cannot access I. E. Coronavirus — instead using strictly fundamentals in this deduction...
BUT For the first time since it’s inception we are starting to see some Healthy price action based on fundamentals and nothing too unpredictable with recent pullback to lower low , provides some perspective that for once BTC is not over or under valued & so those shorters wasted no time to wait is impatient shooters immediately made their entries
Assuming nothing else in terms of an anomaly/unpredictable variable comes in to play we should see 9800 support and stop loss is set at the red horizontal which is always the limit you should be setting as.
If you haven’t made your entry by now , I honestly recommend waiting/sitting this run out or risk #FOMO,
Make sure to do your taxes— Uncle Sam will play nice or play hide and seek and risk ramifications as opposed to coming forward and you’ll get clemency.
TGIF everyone peace and love and stay safe/sanitary!!
Please do check out my LinkedIn for some recent article :
TradingView/Stocktwits/IG/Twitter/LinkedIn:
-@a1mTarabichi
Right now I’ve got my eyes on gold silver and bitcoin as they are outpacing equity markets by a long shot and I have taken long positions on pretty much both tangible and intangible precious metals/commodities and I’m now a HODLer (Something I’m looking to change as I miss forex trading ;( but I’ll still keep a weekly publication for you guys as I know there are hands are full of you that enjoy my little tangents. :’)
Next major resistance at 9800 but remember to reiterate stop losses— ALWAYS!
Disclaimer
Note : T his is strictly conjecture based on my own technical analysis and not any information based on any sources from the GOP Or federal government/treasury dept / ay institution of any form this example is for educational purposes only and should not be relied upon for any other use. Please invest responsibly and make all decisions based on your head; not your gut. Any projections or figures provided in this analysis are Forward-looking statements And have no basis Other than my own opinion and not information related to the GOP, SEC or wall sf in general. Just the wiz doing what he always did best — Disclaimer must be extended and extensive So forgive me as I need to truly emphasize None of the information obtained in conducting this analysis was provided by insider trading in anyway shape or form.
Certain information set forth in this presentation contains “forward-looking information”, including “future oriented financial information” and “financial outlook”, under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, information contained herein constitutes forward-looking statements and includes, but is not limited to, the (i) projected financial performance of the Company; (ii) completion of, and the use of proceeds from, the sale of the shares being offered hereunder; (iii) the expected development of the Company’s business, projects and joint ventures; (iv) execution of the Company’s vision and growth strategy, including with respect to future M&A activity and global growth; (v) sources and availability of third-party financing for the Company’s projects; (vi) completion of the Company’s projects that are currently underway, in development or otherwise under consideration; (vi) renewal of the Company’s current customer, supplier and other material agreements; and (vii) future liquidity, working capital, and capital requirements. Forward-looking statements are provided to allow potential investors the opportunity to understand management’s beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment.
These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.
A lthough forward-looking statements contained in this presentation are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements.
Enjoy your weekend. <3 TGIF all!
-m.T
BUY HAS @ 98.8 take +16%, stop -3%Hasbro is a big toy company, one of the largest in the world. Today is New York Toy Fair (21.02.2020) this may impact positively 1st quater of 2020 for HAS.
The price on it's lows after weak earnings report, and it seems to me very pretty!
Buy @ 98.8
Take @ 115.0 (+16%)
Stop @ 95.0 (-3%)
Close stop, long run! It may take a few months to get to the take, be patient.
Low RSI. The stock price has crossed below the lower Bollinger Band, which gives us a buy signal.
Lower support line @ 96.7 (D).
#gold - Update on 3D, 22-02-20Hi guys,
first of all I hope you are alright and enjoy your weekend.
It´s time for some updates on 3D, since alot of targets (S/R´s) have been hit during this week on quite a few assets.
Starting with Gold we can see, that the uptrend is stable and the breakout above the formerly mentioned key-level worked out nicely. Shortly
there was a bearish PSAR flip, which resolved by now and pushed Gold even above the Yearly R1.
I have placed two important trendlines for you as well, as usual, the new targets for Gold above the price as resistances and below, if leadline breaks.
Stops from mid- to long-term trades likely sit below the Yearly Pivot now. Which gives us a clue, where a possible consolidation might head, if initiated by a harsh decline at one of the targets.
Uptrend is adult.
Above Cloud.
Above all three MA´s.
PSAR bullish.
Still please don´t forget, that all trends correct or take a breath at one point.
Happy trading,
Neru
#gold - Sideways/Slow Rise to continue?Hello Traders,
after Gold has been doing well recently, it made a rather poor breakout attempt on high volume and got declined (for now) but NOT being pushed back below the key-level and is now floating
without producing any major bearish signals here. It is absolut within possibilities we see a slow further side / rise up to the Pivot Cluster R3-Q and R1-Y, and this could fairly take months!
We have seen on this ride up twice the same situation regarding bullish signals on supports of MA50 and cloud combinations. Stops: Considering $1530 for Swingtrades a good one, simply cause chance are high you can buy back lower if this price is reached again.
For long-term investors this is a different story: $1446 is a range, but also likely keeps you within the growing process and if it falls below the Yearly Pivot, you really wanna be out.
Cheers guys.
Neru
XRP future coinXRP looks very scary in these days ,and most of the XRP investors (holders too) are bloody.
But don't forget that the XRP's movements are mostly sharp, and if there is an upward movement chance, certainly it will be a rough & sharp movement and it will be happen in maybe less than 3 days!
As i see in the XRP chart it will be back soon to its sharp movements , Maybe before of a serious upward movement we see some crazy up and down moves, But it will grow soon
and we will be shocked once more about this coin.
I seriously started to invest on this coin, because i see great potentials on its trend, the targets will be gain in midterm and This analyze based on the key points.
XRP will make everybody happy soon!
Good luck crypto investors.
Please post your ideas & comments here.
thanks.
The bearish trend is not over yet! Here is whyThere is no reason to be bullish if you look at the bigger picture.
The price of Bitcoin (BTC) is sitting at the MA 100 resistance and we will most likely see a Death Cross with the next 3D candle,
which is considered as a are event and a strong bearish signal.
Please watch the yellow boxes which highlight these events.
Let me know what you think!
#eurusd - Between P-Y and P-QHello fellow traders,
since EURUSD did not overcome the Yearly Pivot, it has been showing now, that for now it is accepting the Quarterly Pivot as temporary support.
The white area you see is a historical area, where EURUSD does often accumulate. As this could be a retest of the falling c-c trend line, this levels have to be watched carefully until it either breaks up
the Yearly Pivot, or breaks down the dotted yellow fractal lead line and the P-Q.
As usual I have marked all important upcoming levels for you.
At current price, EURUSD is maximum a hold (we have slightly increased bullish odds here).
For scalpers this means, you would look out for both directions to trade. No reason to give one side a huge overweight at the moment.
Neru
#ethusd - Poor break-out attempt.Good morning guys,
first of all I wish you wonderful trading-week ;-)
Due to the fact, Bitcoin is so far not successfully trying to overcome it´s Yearly Pivot, Ethereum is also struggling to gain bullish price action here.
The recent breakout-attempt looks very poor and stopped for now at the very first resistance, the Quarterly Pivot, also probably producing a bearish candlestick (it´s necessary to wait for a close on this 3D to get more clues, how strong this actually is or only a small retest).
What we know now is, that the Quarterly Pivot needs to be broken, before the Targets for the (still) bullish falling wedge will have a chance to play out.
In case this will see a breakout after all, the most likely target to be hit is Target 2 and it´s resistance zone within the Ichimoku Cloud, just below $200.
As usual I marked all important levels for you.
Currently Ethereum is maximum a hold.
No buy and no short just yet, going after the indicators we use.
________________________
Neru
#eurusd - Hitting potential re-buy zone (Retest & P-Q) 3DHi guys,
EURUSD did not manage to overcome the Yearly Pivot on 3D and has been declined forming a bearish engulf leaving overbought conditions. Anyways this is not surprising as this might bring the opportunity to find a Retest of the former broken trend line and the Quarterly Pivot Point and provide a conservative entry for mid term growth.
For the next days it seems very useful to go to Daily or 6H to see better what´s happening at this support key-area. (Will shoot this update tomorrow around mid-day to give it some time to evolve)
For now this break-out has not been successful leaving question marks.
Levels remain intact.
Neru
#btcusd #xbtusd - Bullish Break-Out attempt, 3DHey guys,
Bitcoin is trying to overcome the resistance zone around the Yearly Pivot with increasing volume. Since the last valid long-opportunity on 3D on the closed Pullback-Engulf @ $7185, which also marked an aggressive entry for the
following inverted Head & Shoulder 15% spot would have been made with a simple buy. For those Daytrading: This was the number to beat. (Buy & Hold Equity)
Mid- long term traders are likely still long and don´t have any reason to take profits just at this stage. After surpassing the Yearly and Quarterly Pivot and clearly showing ambitions to break the down-channel, I would honestly like to see a retest of this area going as low as $7750 levels, to be declined there and giving traders the opportunity for conservative long entries and validate further growth properly. Currently BTC is dangling at the SMA100, for me currently not giving away short opportunities. We have a buy or hold situation here.
For future purposes, those who don´t know me: I have always used the 3D plus tools like the Ichimoku Cloud, Pivots / Engulfs in these sort of situations ... feel free to join me in Telegram for further infomation.
I have been asked about my arrows I am putting into the charts: To clarify, the don´t point out to prices, they point out to important levels & trendlines that are interesting for trades, it is neither ment as price specification nor as date specification.
I am always happy about a follow & like. Feel free to share.
Neru
P.S. I am not going to swap to smaller timeframes in January, I need to see the next two to three weeks to go back into Daytrading. For now I hold Bitcoin, still ready to short if necessary. Nothing else.
#ethusd - Ethereum much weaker than BTC, 3DGood morning guys.
Ethereum for now looks much weaker than Bitcoin and also e.g. Gold.
The bullish falling wedge is still in place and ETH did not manage to overcome the resistance cluster situated at exactly where it stopped growing around $148.
The Quarterly Pivot and the upper trend line of the wedge are holding right now. Generally it has to be mentioned that Altcoins did not really follow Bitcoin´s and the overall green market with the same motivation.
This could have to do with the political situation, but also with the fact that traders are simply paying much more attention to what´s happening generally.
Currently Ethereum is maximum a hold if already spot bought mid-term, or needs to be looked at for possible incoming bearish signs.
Ethereum is not a buy at the current stage.
As usual everything you need to know is marked.
Neru
#xauusd - Does the rise find an end soon? #goldMight be a little disbelief right now, that the formerly mentioned "pump" really happened, but yes, it did and is the question are we finding a resistance now or are we going further up to the Yearly Pivot Resistance 1.
Gold is trying hard to overcome the mid term trend line (red) and I am clearly going to warn about possible fake outs at this point.
Whoever of you has been riding this after the break-out, should become more cautious towards possible profit taking now.
The Year started green all over, but January has not to end like this. There are all three options completely open here, though to also mention, Gold is has been overshooting overbought conditions and has been rising in demand.
As usual I have marked possibilities and important mid term levels to look at, watch out for things as engulfings or large wicks on 3D possibly turning this bullish picture. The most likely are where stop losses are situated at the moment is just around 1550-1530$.
So no need to panic sell at this moment.
Neru
#eurusd - Weekly UpdateEuro/Us-Dollar is currently facing a huge resistance zone between the key-level and the new Yearly Pivot 1.117 and 1.122.
It has overcome a major trend line on the weekly and forming a bullish higher-low pattern.
This area is crucial for the mid- to long term development upcoming. If this neckline area get´s broken upwards and passing the Yearly Pivot, things look much brighter for EURUSD (solely technical, ignoring fundamentals)
Due to the fact, overall market is rather green nature, we need to see if this mentality can be established during January.
As usual I marked the next relevant levels for you. In case this does drop a little, please watch out for the red trend line below the price for possible short opportunities.
Neru
#bitcoin - 3D Overview Good morning guys,
first of all a very happy new year 2020 to all of you, I hope you are going to have a healthy, blessed, joyful and successful year and will achieve your personal goals.
My holiday is over as well. Over the next days we will have a look at different assets on different time frames to get a better overview of things happening.
We are starting off with Bitcoin on the 3D interval.
With an oversold Bitcoin mid December and a channel bottom line bounce (Daily Downtrend Channel), we received a potential long-entry by forming out a proper bullish engulf on 3D and recently also on the Daily.
For now, also a key-level above $7k seems broken. So big question, are we totally bullish just yet? Sadly the answer is still no.
I have pointed out a couple of times that the new Pivots Quarterly and Yearly will be very similar and together with the key-level been forming since June 2019 building a massive massive resistance zone between $7.700 and $8200 roughly.
As long as this is not broken with proper volume increase (or at least afterwards), the picture remains very unstable in terms of possible drops.
This is a danger-zone and January is famous for bigger drops consecutively. (Obviously history does not have to repeat)
As usual I marked important levels.
__________________________________
Neru
XAUUSD - MID TERM PRICE ACTIONTrade War, Brexit, monetary system crap, Recession etc. Smart Money flows to GOLD in 2019.
Past week good news was given by media. But gold did not react negative as expected.
1505$ and 1420$ are the two important level for the gold.
If good news continues, gold may give us a chance to buy. I believe below 1420$ level would be the best buy opportunity.
If the gold price break down trend , this is the weak signal for the buy. But price will break 1505$ level, this will be perceived strong buy signal.