NSE:CANBK Sell For 21 Nov 2018CANBK sell initiate for 21 Nov 2018 using 1 hour chart based on Fibonacci levels,
check below Sell level :
Sell Below : 254.55
Stop Loss : 259.35
Target : 251.65
Selloff
Big BTC hodlers cashed out?Greetings everyone! I've been observing markets and I've noticed this Tether FUD has created a great move for big bag holders to get out of BTC. I'm sure we still have a majority of volume O-T-C, but I imagine some big holders could take advantage of this weeks demand to get out of USDT into BTC, etc. I've also marked a couple places on the MACD with flat lines that lead to further drop offs, and it looks like we're approaching another zone. I don't think we'll go to 3k anytime soon, but I wouldn't doubt $5,000 or so within a couple months at most, and could see another decent drop coming within a week or two leading to a progressive sell off. We could also say if a shift was coming upwards the volume would've at least progressed up, but instead it's gone lower after the incident.
Make sure to stay protected in the markets. I'd also like to point out when a herd of sheep is directed into the slaughter house they typically aren't benefiting, so I don't see anything different for this recent Tether incident. Especially when these people fell for a fake image which obviously wasn't officially from Binance.
Another 10% sell off in progress? If trend line done not hold we will head for another sell off in total 15.83%.
BINANCE vs BITMEX vs COINBASE vs BITFINEXBinance and Bitfinex are leading the charge on the sell offs over the last 48hrs. As you can see over the last 6 hours, Binance and Bitfinex are selling off at greater slope than Mex or Coinbase.
The #NASDAQComposite looks VERY BAD! Bearish H&S Pattern formingThe #NASDAQComposite looks VERY BAD! Bearish H&S Pattern forming! We should see a NICE BOUNCE here though. As such, I bought some $TWTR on the (almost) 7% selloff! I should be able to sell tomorrow for a quick $500-$1k in profit!
SPY - Nov 5 to 9 - 8% Crash Warning (Mid Term Election day)I've finally cracked the code. I spent 6 hours straight trying to figure it out to the very candle. Let's see how accurate I am.
XBT/USD Void filled, expecting selloffWith this move up we've filled the void that we left during the most recent dump and also retested the range low from before that dump.
Also check the retracement when we pull the fib from the last high to the low.
Unless XBT gets back within the range I'm afraid we'll have to anticipate further selloff at least to the next high timeframe support.
May I introduce you..? That SELL-Off was nothing! ;-)#OverviewHey tradomanaics,
quick a nice overview if the current situation of S&P500!
Bulls feel the pain? Yep.. it was painfull for those who are long. BUT - That was nothing! :-O
Check this chart and see where the real PAIN is waiting for us.. or the PROFIT?
AS we can see - there is still a lot of space downwards before we reach the real paniczone! ;-)
So calm down and wait.
The US-earnings-season is going to show us important companys in the upcoming days.
Peace and good trades
Irasor
Trading2ez
Wanna see more`Don`t forget to follow me.
Any questions? OM me. :-)
USD/TRY SELL-OFF incoming? Great chance with patiens!Hey my tradomaniacs,
probably a great chance incoming.
Wait for the break out below the 61,8% retracement, the green support-line plus the diagonal support!
If we break through it and bounce off we have a very nice sell-signal!
Type: Swing-Swingtrade
Sell-Limit @ 5.70202 (After break through ex-Trendline)
Stop-Loss @ 6.190
Target 1 @ 5.0 - 4.86
Target 2 @ 4.53722
Peace and good trades
Irasor
Trading2ez
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
The Sell-Off-GAME! Do we repeat the past? #WEEKEND-OVERVIEW!Hey tradomaniacs,
quick an overview of S&P500 for you.
This year, we consistenly "crashed" to buy @ 200MA and 61,8% Fibonacci-Retracement.
Does the market want to buy-in before the saisonality beginns?
#Christmas
#Black Friday
Or is it truely a reaction of the overheated market scared to see more rate hikes since almost 70% of investors are "ALL-IN" in shares?
We will see! :-) Hope this inspires you.
Happy rest of the weekend and good trades tomorrow
Irasor
Trading2ez
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
Potential further pullback for Dow Jones IndexThese are just normal market cycles, likely to happen.
USD Index (DXY): Imminent move higherUSD Index (DXY) seems to have survived the selloff and is holding above the weekly ichimoku cloud. The move higher becomes increasingly likely as time passes.
EURCAD ShortThis pair is forming lower highs and we are seeing bearish candles appear on the trendline.
RSI resistance suggests a sell opportunity too.
The 50MA is currently under the trading price, but we are expecting a strong CAD retail sales print at 12:30 which should help drive the price lower.
Bulls may have a chance to retrace at $5000Hello fellow traders! As Bitcoin continue south of the border, there may be a pit stop at $5000. If the bulls can sustain that last trend line, there may be some hope for a temporary pullback to $6000 for a resistance test. As of today, Bitcoin has dropped $1000 in 12hrs. and may drop more. Queen Bear is heading south really fast like a speeding bullet to go straight through that $6k. I did a paper trade on bitcoin selling and made 35 million dollars at the $7250 price. Let me know your thoughts and where the price will stop at.
HAHAHA!!! Bears are HERE! Be Careful Buyers!! BITCOIN CRASH!The 4hr has gotten punished.. Are you still buy into Bitcoin? $2500 a bitcoin...lets go.. maybe $1100 a bitcoin hahaha.. Remember tis post in the future.
NZD/USD - Expecting a Sell-Off ! Towards the end of last week, we saw some weakness on the US dollar across many of its pairs. This has given us some signs the dollar strength and bull run may be running out of steam but I would not short the US Dollar just yet.
This weakness saw this pair gain 50 PIPs on Friday which gave a strong finish for the week. So far today there has not been a lot of movement. The US dollar has again gained some strength on various pairs and I believe there is more room to the upside for the Dollar highs to be tested once again. If so, this leaves a potential pullback on this pair. Immediate support is at 0.6600, which was holding as resistance until we saw a break out on Friday. This pair could come lower before a leg higher if any as we will need to watch price action around those levels to confirm. If we achieve this move higher we have a confluence for a target at 0.6700 as this is a former monthly support which is yet to be retested as resistance and in line with my Fibonacci -61.8% extension.
This pair still has the possibility of moving lower and creating new lows below 0.6545 as the New Zealand Dollar is still very weak and open to another sell-off.
GBPUSD picking up, catching the pullback!Well well, thats quite a jump in one hour don't you think? USD data came out today without any huge surprises, and now we are seeing cable jumping up. Is this the start of the bullish momentum? I still belive to see 1.2670 price before it but on the other hand It could be bulls takeover, but it's not happening without the pullback, and that's where we come to play. We see the zone from 1.2752-1.2770 very attracive for shorts. Tomorrow there's another high impact data coming out for the dollar (Michigan Consumer Sentiment Index) which will probably be the fuel for the movement. We need to see right reversal price action in our sell zone and we should be fine to reach our profits! Happy pip hunting everyone!
Sell-off of Mt Gox stash of bitcoin worth $US1.7 billionKobayashi’s transactions published indicate that the mass sell-off of the Mt Gox BTC was potentially a driving force behind the December 2017 and January 2018 Bitcoin pricing slump.
many are hopeful that with waiting for the next Mt. Gox court date, Kobayashi won’t be able to dump another load of coins on the market. But, in fact, the September 18th court hearing is irrelevant
because Kobayashi already has been authorized to sell-off meaning he doesn’t have to wait to off-load more coins. But perhaps waiting anyway. In any case there will be a mass dump at some point.
It emerged that the trustees of bankrupt Japanese exchange Mt Gox had sold bitcoin holdings worth $US400 million since the end of last year.
Mt Gox has a stash of bitcoin worth $US1.7 billion that will be dumped onto the market at a later date.
Update it Didn't get my hedge but the top here is way too clean for it to be a real top imo... liquidity above waiting to be taken...
probably tap the 6350 then head back towards top of range//possible break up into 6800+
Removed hedge orders for now and will re-evaluate.... overall net long
