NEW
Bullish confirmation came in.Remember what happened earlier...
1. We have been continuously defending 7200 pivot,
and all the shorters in the world couldn't bring us down to 7100!
2. All previous bearish moves, all consisted out of typical correction forms
which proves that bears finally lost their power.
Bitcoin is now considered cheap if it is sold at 7200.
3. We have been experiencing a prolonged flat around pivot 7300.
This flat accumulated a lot of orders, both sell and buy.
Nevertheless we rocketed up to 7550 and even then! We didn't fall
(as we certainly would if the bears were strong).
4. Now we can observe a little slide back down to 7350,
defending the 7400 pivot. If this flat will continuously bounce around
7400 pivot(7387-7425 levels), then It becomes clear,
that big players are no longer shortening!
A few hours 'till the asians wake up at 00:00 UTC and we will definitely
see a lot of volume kicking in.
There may be a pump up to 7600-8100 or a bottom retesting at 6900.
In any case here it comes!
Medic, quickly!If this one bar doesn't stop the drop,
gonna go to sleep.
Because it will be either the bulls from now on
(It's the last chance for bullish run)
or
the bears will drop to 6999(IMHO - possible, but unprobable) or less.
I personally believe in this soldier
and so should you(was watching closely 7200 all day - I'm telling ya - it's a TOUGH NUT, the bulls are with guns patroling 7200. The bears must panic in agony)!
IM NEW TO TRADINGVIEW, Come say HELLO :) My name is Aimee and i am from the UK, i have been trading over 5 years but have only just been introduced to tradingview so i am excited to see what all the fuss is about :)
I am currently trading full time and it is my only income so i do pretty well, i am a full time mother to my 3 year old little boy so trading lets me spend as much time with him as possible, in my spare time i train in MMA and kickboxing.
Now time for my first analysis, Gold is going up, looking at the trend line that has been well respected im positive we are going to ride on the back of the bulls for a while, looking at the chart we also had a lovely support area that was respected before this push up.
Wow that was scary, i hope you all like it :)
EUR/USD the #eurusd hit a level of "support" at the 1,0904. It found support at that level.
The #momentum has shifted to the #bullish side. I think, it's good time for #buys
(not for me, but bc'se we're at the end of the year) still #buys #environment till 1,1185 level "#eye's sign"
this framework can still pan out till 30 january 2020, then #news #brexit #vote
A possible R:R 1/2 is achievable with a nice good risk management
"NZDCAD: Top and Bottom Analysis" by ThinkingAntsOkDaily Chart Explanation:
- Price is on an important Support Zone .
- Bullish Divergence on MACD .
-If price starts its up move from here, it has potential to break the Descending Channel and, then, go towards the Middle Resistance Zone . If price also breaks it, there is potential to move up towards the Major Resistance Zone .
Weekly Vision:
SEACERA - Seeking New Direction Above MA200SEACERA - Just recently broke out from MA200 with widening Bollinger Band, MACD & RSI both still in their bullish trajectory. We anticipate the stock is now trying to complete its consolidation formation within the symmetrical triangle drawn in the chart, any chance to breakout shall unleash fresh bullish momentum towards 0.315, support observable at MA200/ 0.245. Please note: PN17 counter is highly risky to trade.
Apple's presentation of the new iPhonethere is a proverb:
growing on expectations, falling on facts.
I think the campaigns of the eppl campaign are no exception.
I think the new iPhone will give investors confidence in stock growth.
As a friend recently said shortening in the stock market, it usually ends with a drain of the deposit.
Long is preferred.
stop for the breakdown line; the target is at least a test high.
BTC WAITING FOR TRIANGLE RSI CROSS\u2028\u2028 & 50 levelHi everyone,
\u2028\u2028this is just a way how this Btc situation could play out.
I have been playing and trying to do some analysis only using RSI. This is how it ends. Maybe.
\u2028\u2028There are two blue triangles on the chart. We are waiting for any break.
If RSI happen to break up, this will be very bullish signal. Similar in the opposite direction. \u2028\u2028
We are waiting for 4H closed bullish candle or ideally for closed 1D in the area of 11 000 $ per changing a Bias to Bullish. \u2028\u2028
The action can be small, but it would give us better probability of doing new ATH soon. \u2028\u2028
You can also see that RSI is going to cross level 50 soon.
Plus there are two RSI Bullish divergencies.
Over all i see it BULLish, even thou iam hearing lot of BEARish noice around. Specially on Twitter.
This is not a financial advice. Iam begginer, learning TA and this is the way to check strategy … \u2028\u2028Please comment.
Does anyone have a tip for backtesting program for beginners?
I dont know how to code yet, so something simple. ?
\u2028\u2028Thank you & lot of luck to you all ! MATT\u2028\u2028
“Rising tide is lifting all boats”