Newb
Newb prediction: €60k Euros ATH within two weeks.Is there a trend in the correction? During the two previous events where BTC hovered at a support level, both events lasted approximately 7 days and then BTC took off for another run, if there is a pattern we may see one more day with BTC struggling to get past the resistance level of €50k euros but by the 23rd March with luck BTC may return to recent velocity and potentially hitting a new world breaking ATH of €60k euros before mid April.
BCH Not mooning? I have no idea what I am doing lolThis is probably not even close because I think everything is going to go up with BTC, but.... I guess this is what I think would be a funny conclusion for BCH
Get ready to buy some more....Just my thoughts. Probably not 100% accurate because I am just learning t.a., but I expect to pull back a little from that last jump. We will see the halving coming up in about a week. And we should start to see some more media coverage and a move up. We will see
BTC on the dailyComing to another point where we will make a move. I personally think we will keep consolidating and then have a slight pullback. Maybe I am just being hopeful so I can make one more purchase just under the 7k mark before we shoot to the 8k-9k range. Keep your eye out. It could go either way at this point
Ichimoku thoughtJust a thought on Ichimoku for new traders. I haven't used this indicator much but after review I was thinking about implementing it into future trade ideas. I believe that it can appear overwhelming at first but if focus turned to one element at a time, I believe it can familiarize a trader with (almost) all the aspects of intro indicators. It can also be successful on it's own (not recommended) to get an overall feel for the logic behind indicators and perhaps help a trader fine tune his/her actual indicators. Ichimoku has been most successful in JPY pairs but since this is a good idea for a DEMO acct you can use it with any pair and backrest it. Curious to hear your thoughts. Again DEMO!!!!!
USD JPY Patterns idea for going long?I went long at the yellow highlighted area where I hoped it would keep the bull trend going. The last two purple highlighted areas seemed like a on going pattern where the third purple area near the yellow, is doing the same thing where I predict it may follow the dark green and dark blue lines, getting as close as it can to 113.000.
If it does not go that way then it may follow the dark red line becoming a bearish trend, maybe a twin buy for a come back.
My First Idea on TradingViewDouble Top/M Formation.
Confluence with an uptrend on a Higher Time frame.
Approaching Significant S/R Zone, confluence with 23.6 Fib level
Thoughts?
