BTCUSD Short Naked Forex- Quick PipsI love going in and out of market for quick pips! After studying this pair I believe you can get a quick 100 pips.
Shortbtc
Deflationary Bust/ Take CareThis is my forecast for BTC/USD
In my opinion the whole financial solutions we are seeing right now are just deflationary and will be the reason why we will see tanking prices in all kind of assets.
This is just a rough plan but it will play out within the upcoming months.
BTC LARGE DROP INC / SIMPLE CHARTHello everyone! Today we are focusing on the daily chart using the MACD we can see that a larger drop is still yet to play out or to come in the very near future. This looks like its would take us down to 8,000 - 7,000 levels before creating a giant sling shot of divergence which will then catapult us into our next big break out continuing the new bull market. Funny enough, if you look at the MACD the same pattern just played out and is looking to do it again. I drew on the chart where I think the MACD will end up. Choice is yours this is not financial information just a prediction!!!
A bounce up before shorting the corn!Bulls not there yet. Bearish but bears not pushing it even lower. We could end up recovering closer to daily close. Based on TD sequential as well as the how Heikin-Ashi candles are looking. I would say interim upside before the corn decides to push through resistance or not. Long above 9300, short the corn if there is weakness.
XBT $6600 incoming, hold on tight!Simple one today.
Update:
XBT hit the 10100 area I was targeting in my last analysis before a big selloff as expected.
On the daily we are still in an upwards channel and testing the 50EMA
The line chart makes the channel much clearer to see.
I am still bearish because even with the big sell off last night, volume is still decreasing, RSI showing bearish divergence and we’re currently testing the 50 EMA.
I want to see a break below this channel and the 50 EMA. If we then break and close below the 200 EMA and support at around 8400 then I’ll be shorting with targets around 6600.