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Rare crossing : huge move?I've never seen such a pattern in the S4W Horizon indicator. It's really a very tight crossing that is happening. I think it's an ignition point to something big to occur. So based on my analysis, I won't be surprised to see an important bullish move. But I think also there is a correction, unfortunately to occur at 3850 USD. Right now the S4W Horizon indicator is still bullish, let's see if that micro-crossing is talking for a big up move or for something else. Right now, as I said, I don't have a clue, since it's new. but I think it's an important moment that occurs since that crossing is showing up. I can't tell more. Let's watch. Don't take my words for granted, analyze, analyze, then trade at your own risks PS: if you like my analysis, join to get more analysis. I like to be Liked too (like/2/B/Liked/2)
BITFINEX:BTCUSD
by Atemak
4
BTC daily chart and possible move shortToday there was a big sell off which seems to be heading to a breaking point of 3400 either up or down, the next support level is around 3215 which would indicate a new channel in which it will move and would probably happen then is a slow recovery towards the 3400 resistance. It the 3400 level is successfully defended it might go up testing what believe is the 3700 resistance at the moment any move further that will create a new level and possibly a very good recovery. We will see what happens next.
BITFINEX:BTCUSDShort
by raserrano
GOLD: And Here Is Another Update & Why We Secured ProfitHey guys here is another trade update. We are looking at XAUUSD from previous idea, but on a lower time frame and right before FOMC statement. So be careful out there anyway. In the comment section on the last Gold idea i said that we closed our profit with +180 pips, but there is much more potential on the long side - BUT not now. I think Gold might retouch last lows on the daily and here is the short term outlook on the 1h chart. You can see a bearish cycle between larger structure consolidation. Our entry was pretty much at the bottom of this. To risky to let it run there again. So lets be patient and wait for another move down and then enter our long again.
FX:XAUUSD
by darian_fx
Btc Major Short, bulls have been hoping for a move up for a yearVery strong short signal this time people. Bulls are finnaly about to get a load of reality. It is what it is and we can profit on this. After a year of waiting we have come to this point were the price can no longer support itself any more. The magic 6k support about to get broken and this time it's gonna be real ugly. targets are 5.5k/5k/down around 3k. We short above 6.3k bitfinex price and with a stop loss at 6.5k. Margin: 5X. We will also move down SL to profit later for security.
BITFINEX:BTCUSDShort
by Nirland
2
Bull might push BTC higher!Since Bitcoin reached an all-time high, back in December 2017, the volume has been steadily decreasing along with the price. During the past 9 months Bitcoin has dropped from USD 20,000, down to USD 6,000, losing 70% to the USD. During the past 8 months, BTC/USD has approached 6k support level multiple times, although every attempt to break below has failed so far. On June 18, price went below 6k, where it reached $5,755 and rejected the 78.6% Fibonacci retracement level, along with the long term uptrend trendline. But, the closing price remained above the 6k psychological support suggesting the validity of the long term uptrend. While Bitcoin consolidation phase continues, it is important to watch key psychological support and resistance level. Support: USD 6,000 Resistance: USD 10,000 Bitcoin is trading under the very low volume and low volatility, while price is trapped between 6k and 10k. In order for the price to establish a medium-term trend, price has to break and close above the resistance or below the support, accompanied with the heavy trading volume. Weekly break and close below 6k could push price down to USD 5k, or even USD 3k area. But break and close above the 10k level could result in a very positive price action for Bitcoin, potentially sending it up towards USD 18-20k resistance, or even to the new all-time high. To summarize, RSI oscillator broke above the downtrend trendline, 78.6% Fibonacci support and long-term uptrend trendline were rejected. Such price action does not imply further downside correction, but rather uptrend continuation, at least while the 6k support is holding.
BITFINEX:BTCUSD
by CryptalDash
6