Bitcoin Overview When we look at Bitcoin on a weekly basis :
IF Bitcoin persists on the support and the CIX 100 Index breaks the channel upward, which can bring a sharp rise towards resistance (10243).
IF Bitcoin persists below 6400s and the CIX 100 index moves to the channel or below the channel, (which indicates a large money exit if channel breakdown), then a drop to the 4000 levels can be expected.
Note :
CIX index of all major crypto currency movements in the overall market in terms of showing us can show sufficient sensitivity.
Breaking the channel from either side shows clearly that the trend will be severe considering the support resistance conditions.
You can also see my position about Bitcoin in related ideas.
Best regards !
Overview
USDCHF General OverviewThe USDCHF parity is not negative for the short position 1 Week chart, but some further breaks may need to be finalized.
Likewise, a clear break in the dollar index can be expected.
Swiss Franc Positions increasing . It is positive factor for USDCHF Short Position too .
For these reasons, it is possible to say that there is a situation close to the short position in the weekly time frame.
Best wishes.
Ethereum Overview ( TF = 1D )In terms of risk / reward ratio, a good position escaped on December 2nd.
The moment I wrote this analysis, the decline is around 7 percent, and I think it's a bit much to participate in.
Purchases may come in this decline.
The upward reaction may come, but the market is now under the direction of bears.
I think the slope of the trend line is too high.
When we look at the Eth / Btc ratio we see a very good hint:
For now we can say :
Ethereum will fall harder than Bitcoin if there is a money out of the Cryptocurrency Market because the trend-line should reach reasonable levels.
On December 14, after the support became a resistance, a good example of a short position came.
If there is some reaction reception here, 91 - 94 levels can be targeted. (Key area )
However, attention should be paid to closing under 152.5 clearly.
Best wishes.
Silver Market Overview (TF = 1D ) When we look at silver prices, we observe that it is very close to resistance.
At the same time, the current channel is very close to the resistance.
When we look at the gold / silver ratio, the ratio, which has been in favor of gold for a long time, is turned into silver.
My personal thinking, both the transgression of resistance and support, as well as a clear downward ration of the ration, can result in a hard upward movement in silver.
On the other hand, if these situations do not happen, we are very close to the resistance, we can open a profitable short position in terms of risk / reward ratio, but in this case, let's make sure that the gold-silver ratio returns in the channel I have drawn.
Best wishes !
Gold Strategic Overview before new weekMy weekly views on gold are indicated on the presentation.
Even though the buy signal is coming, I think this is the only response buys for now.
The bull market continues on the main channel.
And in 2020, even though I expect higher peaks than 2019, I think that gold prices should fall slightly.
I expect gold prices to fall in the medium term.It is very important to have the position size to withstand this.
The USDJPY parity can give you the clue about when the due date will come.
This is because the correlation between the Japanese yen and gold price movements is very high in the weekly timeframe.
When we look at the gold / silver ratio, we see that the pair continues under the leadership of gold.
Here is a possibility Minor - trend line can be challenged.
Although I personally go over the net short position on a weekly basis, I am of the opinion that short positions will be opened on a daily basis.
Although it is a bit risky now, it is a good idea to follow it carefully and achieve the appropriate risk / reward ratio.
I wish success to all traders in the new week , regards.
BTC Weekly Time Frame Grand View SnapshotAfter taking a full analysis of like directions and considering all the different trigger points with regard to the Simple Moving Averages and the overall market sentiment; This chart clearly displays solid data that is conditional to whichever direction the market decides to take. At current, it appears that if BTC is in a strong down trend headed toward the 6k region and possibly below.
EOS/USD Potential 8 X Trade!EOS/USD Potential Bearish Gartley Pattern on Log Scale .
Log Chart / Fib levels based on Log Scale.
Disclaimer:
We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature,
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
XTZUSD Tezos: Potential Butterfly This is my XBTUSD Bearish Butterfly Scenario, and I hope that we shall see one more lower low, to enter Long .
Disclaimer:
We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature,
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
ICXUSDT: ICON is near ICO PriceICON is near ICO Price, but the question is will the price stop and reverse here.
I will wait to see some positive divergence to buy ICON.
Disclaimer:
We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature,
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
CRYPTOCAP Will History Repeat Itself ?Two similar Charts. The first is the Crypto Market Cap, and the second one is Nadaq 100 Index.
The question is whether history will repeat itself.
Technically, there is a chance for a similar pattern.
Disclaimer:
We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature,
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
ETHEREUM OVERVIEW (TF = 4H)Here's my technical look on Ethereum . Neutral analysis contains :
- Oversold Autonomous LSTM ( I'll wait short signal with more overbought levels )
- Current channel which Ethereum currently inside.
- Support and Resistances which i manually drew by looking historical supply and demand .
- Standard volatilily stop for short : 180.7
[BitCoke] price slump below $9000, a clear sign of weaknessMarket is down as bull failed to recover from weak consolidation between 9200 and 9600. Since market decides to go down to test major short-term support around 8700, curren price at 8900 should be a intermediate stop on the down path.
On chart, Bitcoin failed to break out bearish trendline even though news from China sounds very exciting.
DXY: Bounce off Trendline#ShortHey tradomaniacs,
as you can see, DXY is currently retesting the trendline.
A break below the neckline of the potential double-top would confirm the rejection of the trendline and would give us a very nice signal to sell here.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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Any questions? PM me. :-)
#bitcoin 1D - The bigger pictureGoing from the H4 to the Daily, where we can see much better, where we are standing. It should be clear, that our Hotspot is slipping more and more out of reach and targets will faint and crawl lower the longer this is going to take. Our Leadline is in place, and as long as it doesn´t get broken I am not overly concerned, but also not denying a potential further consolidation to $8k. To be honest I´d like to see bullish movement and volume rather today than tomorrow. We should not forget that the overall target to break remains the Yearly R1.
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No financial advice. NeruSuite v5 - advanced technical analytics tool. #dyor
USDJPY OVERVIEW DAILY. THIS CHART IS FOR A GUIDELINE FOR THE NEXT COMING MONTHS. I WILL BE LOOKING AT KEY FUNDAMENTALS OVER THE NEXT FEW MONTHS TO ALSO HELP MY JUDGEMENT FOR THIS PAIR. CURRENT GLOABL AFFAIRS I AM LOOKING AT ARE; US TRADE TALKS WITH CHINA, US TARIFS WITH MEXICO, WAR TENSIONS WITH IRAN. OIL SUPPLY AND THEIR I WILL BE LOOKING AT THE NEXT INTEREST RATE DECISION CURRENTLY BEING DISCUSSED ALL OF THESE WILL HELP GIVE US A BETTER PICTURE AS TO WHERE THE DOLLAR IS HEADING.
ETHEREUM: It`s probabvly TIME TO BUY!#ChanceoftheyearHey tradomaniacs and cryptoheads,
welcome to an analysis of ethereum!
My friends, I think it`s time to buy!
BUY WHY?
In this analysis we wanna take a look at time-cyclers which are clearly underestimates and not as common as the classic TA which is basically used to compare price-action or price-patterns.
From another perspective looking at the big picture, we see that ethereum had an awesome run with the recent impulse-phase down from 5,60 up to it`s peek of 1.436,-!
IS THAT CRAZY? Yeah.. the hype-train of 2017 was very fast and completly sold out and we`ve never seen so many passengers. But ever since the train was so fast a lot of
passengers got shaky hands and sweaty palms. The train was very fast, as fast as no train before and the crowd inside the train felt insecure and fear crept in.
The entire trip was an amazing journey of 399 DAYS and it was obviously time to rest and enjoy the result of this new world record.
The impulse was over and we were heading into a correction which took excactly 399 DAYS until now!
The market indicates more and more evidence for a new rally.
New carbon has been delivered and the burning stoves are clened up and ready for an new ride..
Technical Aspects:
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Timelines:
All Time-Lines are pretty harmonic indicated by the low of the sub-divided SIN-Wave @ the High
of the primary Sin-Wave.
The Alpha-Waves are confirming that cycle and accurate time-lines are indicating a perfct cycle.
The impulse- and corrective phase are showing the same running time of 399 DAYS.
Price-Action:
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Wave 1 has been completed with the previous impulse @ Wave 5 and we`ve made 25513,25%. Since then the corrective-wave retraced down to 83,29$ which is still a very important support.
This retracement indicates a motive wave, which is not a classic impulse but eventually a leading diagonal because WAVE C of the correction went below the territory of WAVE 4 but DID NOT touch the high of Wave 1 again.
This means we see a confirmed MOTIVE-WAVE indicating an uptrend should tend to continue.
The corrective Wave headed down to the 1.272 Extension, which is a very common level.
The second picture indicates optimism of the market:
The active trendchannel was very dominant and predimonated over the market-players behaivor.
But since the strong sell-off down to the corrections low @ 83,29 $ we`ve seen two attempts to break out of this channel.
The first one failed @ the 100 M/A (purple) which was obviously the target of the bulls which this impulse.
The market smelled a chance and didn`t hesitate to push the price out of this channel again.
the correction was very strong because the price danced around the resistance of the channel.
THE NEXT PUMP got confirmed by a consolidation.. and not as ususal.. a hard dump!
The 50 M/A and 1 00 M/A are about cross and care getting in touch for the first time since July 2018!
THIS IS a very crucial moment for ETH and it`s future because the next move could be the the path we choose to go!
Mac-D:
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During the correction the MAC-D used to bounce of the ZERO aka TRIGGERLINE and refuse to get above it.
Since the first attempt to break out of the channel, we`ve seen that the market is not wolling to drop significantly below it again and flucuates around it.
The BULLISH divergence indicates higher LOWS while the price-action indicates lower lows and looks likea triangle with the first attempt to break out.
The classic retest should be the confirmation of this upcoming impulse!
If we violate the MA-Comb, bounce of the triggerline of the MAC-D and and create a new higher highit will be time TO BUY ETHEREUM!
Misspelling? Sorry guys.. I`m lazy! ;-D
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LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
DAX UPDATE: Weekly overview! Best price to buy?Hey Tradomaniacs,
this is an update of my previous weekly anylsis and an addition to
CHECK IT OUT! =)
LEAVE A LIKE AND A COMMENT _ I appreciate every support! =)
-----------------------------------------------------
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
EUR/USD: Weekly overview - The way to parity & S/H/S-Pattern!DAX: Weekly Overview! Chance to get back to 12.000 increases!
Hey tradomaniacs,
WELCOME to the outlook of EUR/USD.
The currencypair EUR/USD seems to continue it`s downtrend and could move down to parity.
Fundamental reasons could be the siuation in Italy not willing to desist from its high budget-plan (indebtedness)
which got rejected by the E.U. which is forced to come up with consequences such as a excessive deficit procedure.
The second reason is still the Brexit and it`S possible harsh outcome.
Technical aspects:
Within the last 5 weeks we were fighting at the important mark of 1.14 and mostly closed below this level.
THIS price is a very important support-level as you can see in the history when the market went up and down in
a sideways trend.
The market tested the Fibonacci-Retracement of 61,8% (PHI) @ 1,12144 and bounced back to test the area of the previous
low in MAY 2018 @ 1,15.
The respected 200 Moving Average is right below the price and helped the market to find a support level.
Overall, the market looks really bearish and should continue it`s journey down close to parity.
If we break through the 61,8% retracement, the next logical support should be at 1.10.
A break above 1,15 could turn the market upwards in order to continue the consolidation between 1,18074 and 1,14.
The previous green candle shows a bullsih reversal which is actually a sigh of strenght.
As always, everything can happen.
Have a nice start into the week!
Peace and good trades
Irasor
Wanna see more? Don`t forgetto follow me.
Any questions? PM me. :-)
GOLD: Weekly overview! Chance to see 1.268 soon is likely!Hey tradomaniacs,
WELCOME to the overview of Gold.
Within the last week, we`ve created a "DOJI-Candle" which indicates a sideways trend.
The market almost closed at the same price it openend.
We`ve seen no volatility and no real direction.
Important resistance:
Within the last 5 weeks we were not able to move above the 38,2% retracement which is at 1.238 - 1.243.
The respected 200 weekly M/A is right at the resistance and seems to support it.
How ever, according to the dow-theory we still see higher Lows indicating an uptrend, thus it`s more
likely to see GOLD rising up to 1.268!
A breakout through the mentioned resistance could be a very nice and volatile trigger for the market to buy.
A break through 1.184 could cause a sell-off down to 1.122!
The primary trend shows an ascending triangle which is also a positive sign for gold!
We will see! :-)
Have a nice start into the week!
Peace and good trades
Irasor
Wanna see more? Don`t forgetto follow me.
Any questions? PM me. :-)