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GBP/JPY The bulls look to take control.The 12 day sell of of the british pound vs the japanese yen looks to be over! The clear divergence on the 4hr chart and the one day chart, has gained interest from the bulls. The chart has been consistently making lower lows while the RSI has been making higher lows. The divergence signals sellers exhaustion,and the 135.500 level is a significant demand Zone which has provided strong support over the years. In the trading week to come the Bulls will target the 136.000 area, after that they will look to charge towards the next area of resistance at the 136.500 level and then a push to the 137.00 level. Analysis By: Black Gold Capital Partner Ryan Andrews.
Long
by SCM2019
#Bitcoin_Update : Where To Go Next? [Early Speculation]#Bitcoin_Update Bitcoin is showing a good bouncing move from its correctional low at 9651 USD. To be sure about the end of the correction we got to further see and study on the coming candle stick formations and the closing price of the daily chart. If it can hold above the 10664 USD area it would be considered as a good bull run in favor of the bulls but it needs more energy to confirm that the correction is ended at here. Other wise the other scenario that could possibly happen is that it will see a retest for the lows upto the 9.3K USD as we forecast it earlier or at least up to the lows of the current correctional low at around 9.6K USD. We will give more updates on the trading scenarios once we get more pattern indications though. With Regards. TeamTWA. @TogetherWeAccumulate
COINBASE:BTCUSDLong
by cryptotalk_et
hollow diamond to hit 1.2395 when price will break 1.2677the currency drew a first hollow diamonds the week on past and concretized its break up to 1.2508 last week before picking up again with the news on Fed rates. this week she drew the same hollow diamonds. So if you know this figure described in the encyclopedia of graphical configurations by Thomas Bullkowski. When I calculate the price target just at break below 1.2677I just that see the price going to [ b]1.2395 levelaccording to my experience
Short
by SterlingAir
3% Possible Gains in the Daily Bounce!As you can see in my link about my previous weekly idea we will have a month of bear cycles, according to weekly Stochastic at risky levels. In this same link you see that I estimate a 30-35% correction. Obviously the price wont get the correction in one single candle, but I am planning to profit from the bounce up every time the market dumps. Please don’t forget to thumbs up and follow for more analysis like this. On average market make anywhere from 5-7% partial dumps before they consolidate again and dump or pump thereafter. My strategy is first to locate the nearest historical support level (in this case 97.33) I could hedge this short position by going long with my 25% of my total order, however since I am sure that the market will keep on correcting in the mid-term I will not rush to risk myself because even if it pumps a little it will definitely not change the longer timeframe 3 weeks from now. In this daily chart I am expecting a dump anytime from now up to the next 2 days. I will place 75% of my order at the blue line (nearest historical support level), which coincidentally reflects a 5-7% partial correction. The other 25% of the order will be placed just right at the EMA line, at 93.7. MACD already showing negative momentum and daily Stochastic is at levels where a reversal is a more plausible scenario (instead of just oscillating at the top of the Stochastic line) As soon as the orders fill my sell orders will be automatically placed at $99 LTC/USDT. Thank you. Please comment your thoughts!
Short
by Cincottitrader
Bitcoin - Matrix Opportunities in Bitcoin, GreenPillOrRedPill?All information is provided in the chart. (Look at Yellow-notes on chart to see description) What pill would you take? Hourly Chart VS 4-Hour Chart - Most likely scenarios Our profile publishes analysis that focus carefully examined and identified cryptocurrencies that achieve high profits. We base everything on our own, developed scheme, the understanding of the market and its behavior. If that sounds like it could be helpful for you, please follow us and hit the like button! Tips, notes & suggestions When you place a trade, always remember to set a stop-loss. Most important rule, is to be patient. Money come and go, you will always get another chance. Never invest heavy in one trade, be sure to spread your bags on different trades. We would appreciate if you would hit the like button to support us. Feel free to comment share your idea or comment down below Morpheus wish everyone out there, a good and a healthy life in the cryptocurrency-age.
COINBASE:BTCUSD
by UnknownUnicorn4777944
2
#GXS : So Far 46.59% Profits #Achievement_Results #GXS_Update Called At : 1400 sats on June 4 08:00 UTC Reached : 2168 sats on June 5 08:00 UTC Target 1 : 1650 sats Target 2 : 1721 sats Target 3 : 1885 sats Target 4 : 1721 sats Target 5 : 2013 sats Note : All our short term targets for our #GXS call have been reached and a total of 46.59% profits achieved so far. Total Profits : 46.59% so far Duration : 24 hours Congrats for all of you who made such profits in such short period of time. Stay Tuned for More. With Regards. TeamTWA.
G
by cryptotalk_et
AUDJPY showing signs of MACD convergence, AUD ready to shoot up?AUDJPY H4, showing signs of very strong convergence, market clearly going the opposite way to our indicator. A counter trendline has been put in place for more clear break and retest and entry scenarios. Targets are also drawn. On the right we have AUD weighted index H8, where we can see it has tapped off a clear demand zone, I believe we can see some reaction, and AUD can start to gin some strength, pushing AUDJPY to the upside. @PipsOfPersia t.me/pipsofpersia
Long
by PipsOfPersia