Zcash ZEC bitfinex short positions index ready to squeezeLook for the tallying to reach 6,000 or more then flush out to the baseline
Bitfinex is a tough read now that the platform is much less popular
Shortposition
BTCUSDT in a small A-B RETRACEHi traders!
BTC Is now in a price action to fall in a bearish momentum of a B-C to the 46700 area after a retrace.
If you are in a short position don't worry about that little thing.
In the next 1.1/2h we can see a strong retrace but not now.
Good trade Is not simply luck.
gold on time frame 30 minutes 1400.9.1016:45 ADP is to be released
The market can rise to the level of 50% or 61.8% and then fall to the price of 1720
if not broke level 50% and 61.8%
18:30 PMI index will be released.
At 18:30 the market will be at 50% or 61.8% and then the market will decline.
FOREX ANALYSIS : GBPAUDFX:GBPAUD
The blue and red lines mean: I think prices can return in these areas.
Green lines mean: I think the price can reach these areas. They are therefore known as transaction targets.
If you want to use this deal, please risk only one percent of your account balance.
LUNAUSD Trend and Wave AnalysisInitially, a drop is possible to complete wave 2.
This is not a buy or sell signal but a personal idea and analysis
USDCAD Trend AnalysisAfter a downward correction to the specified range and the completion of wave B again in the future will not grow far upward to complete wave C from wave 4.
BTCUSDT ShortAs we can see on the chart, the price is retesting support. But we could notice that price has just broke below the simple moving average inside Bollinger bands indicating a potential bearish movement. And if we also look at indicators, we could find sells signal from MACD and also DMI. It is necessary that price get out from this range and so break out the resistance level and retest it as a support. After that, we could think about opening a short position.
no financial advice
General Motors Company (GM) - shortSignals
Position: Short
Target Price : $58
Entry Price: $64
Stop loss: $66
Indicators
RSI is above 70
STOCH is above 80 and the indicator has negative, meaning is could have already reached the peak
MACD is only slightly above the signal line
The stock price is in the upper band of the Keltner Channel
Analysis
The stock is in an uptrend, made of impulses and pullbacks but has now reached the resistance level after two long bullish candlesticks. Nevertheless the MACD does not signal a strong bullish momentum and Stochastic indicator and RSI already show an overbought stock. Furthermore the stock price is currently above the upper band of the Keltner channel, so we can expect it to retrace back to the closest moving average. The entry price is at resistance level, and we use the Fibonacci retracement tool to set the profit target at the 0.618 level.
No financial advice.
XAUUSD - Short PositionBreak/Retest strategy.
Broke key support level. Waited for a retest the key level. 1hour/30mins shows signs of upward price rejection.
FOREX ANALYSIS : EURAUDFX:EURAUD
The blue and red lines mean: I think prices can return in these areas.
Green lines mean: I think the price can reach these areas. They are therefore known as transaction targets.
If you want to use this deal, please risk only one percent of your account balance.
NVDA shortEntry price: 263-265$
Target price: 236-238$
Stop loss: 265-267$
Fibonacci extensions: the price is approaching 1.618 level
RSI: over 80, therefore, the market is overbought
Conclusions: RSI suggests that trend reversal might occur in the near future. Moreover, the price is approaching Fib resistance level. Thus the short position is recommended with the stop loss above the resistance level.
no financial advice
FOREX ANALYSIS : AUDCHFFX:AUDCHF
The blue and red lines mean: I think prices can return in these areas.
Green lines mean: I think the price can reach these areas. They are therefore known as transaction targets.
If you want to use this deal, please risk only one percent of your account balance.
GBP/JPY 15MGREAT BRITISH POUND (GBP) / JAPANESE YEN (JPY)
15 MINUTE TIME FRAME
SHORT POSITION
If you like my analysis give it a thumbs up.
If you have any questions please feel free to leave a comment below or send me direct message.
SolarFX
Short "G"Company Profile
Assicurazioni Generali S.P.A. is an insurance company based in Italy (Trieste) but operating worldwide: it’s the leader in its sector not only in Italy but also in other countries like Germany and France. It offers a broad range of insurance services like property and casualty insurance, insurance for companies and life insurance. The firm operates in the financial sector, in particular in the insurance specialty industry.
Signals
Position: Short Target Price: $17.91
Entry Price: $18.375 Stop loss: $18.66
Indicators
MACD line is below the signal line meaning we are in a bearish momentum
KELTNER CHANNEL signals a bearish momentum with the price level falling from the upper bound to the middle of the channel
The WILLIAM %R can’t go back to-20% without falling back
Analysis
If we connect the two lows of the price level we find a positively-sloped segment, while if we connect the corresponding points on the MACD line the slope of the segment is negative. This is a signal that a reversal is happening, so we expect to go from an uptrend, which is the main trend, to a downtrend . There is a trending support line obtained connecting the lows, and here is where we expect the retracement to stop so we set the target profit slightly above it. Also the William %R is pointing out a difficulty in continuing the main trend, because it was not able to cut the -20% threshold and fell down. Finally, we can observe how the price level has been hitting many times the higher band Keltner channel, while the last candlestick is significantly below the higher band, signaling the bullish momentum has ended.
Conclusion
The stock is experiencing a bearish momentum, so a short position is suggested but still taking into consideration that the main trend is an uptrend, so the profit target is set at the lower bound of the Keltner channel, close to the support trending line.
No financial advice.
BHARTIARTL SHORTThe indicators used on this chart suggests that BHARTIARTL will probably reverse after a strong bullish movement.
- MACD gives us a short signal
- ADX is 45.59 and after period of extended uptrend it seems that it curved down what may suggest a trend reversal which we can observe with current price action
We should wait for the price to break the support and retest it as resistance. Therefore the rejection at the resistance will be our entry price.
no financial advice
Indian Bank (NSE) SHORT POSITIONOn the 4-hour chart, we can expect a bearish confirmation of the MACD crossover indicator, because as we can see, the MACD line and the signal line are already getting close to each other. The stock price is also moving to the middle level of the Keltner channel. The Williams Fractals indicator shows a bearish confirmation either. In view of these findings, we expect the price will reach a middle level and consequently, a re-test should be performed.
Position: SHORT
Entry level: $ 1.85
Target price: $ 1.70
NO FINANCIAL ADVICE
LYFT, Inc. SHORT POSITIONLyft Inc. is an on-demand transportation-as-a-service provider. The company is the second-largest ride-sharing service provider in the U.S., connecting riders and drivers over the Lyft app that has also entered the bike- and scooter-share market to bring multimodal transportation options to users.
Daily RSI is still bullish but we can spot a bearish divergence, pointing at a possible pullback and re-test of previous supports. In fact, on 4 hours time frame, we can see how the prices already hit the upper level of the Keltner Channel and is now re-tracing, with a decreasing RSI. Using the Williams Fractals, we can see the bullish fractal already appeared. Due to these findings, all indicators are going at the bearish momentum, therefore a short signal is generated.
Position: SHORT
Entry price: $ 52.05
Target price: $ 44.76
NO FINANCIAL ADVICE
MSFT Short position Microsoft Corporation is an American multinational technology corporation which produces computer software, consumer electronics, personal computers, and related services.
From mid-May, we can see an increasing trend of the Microsoft Corporation. However, according to the MACD indicator that shows a bearish confirmation, we expect a decrease in the stock price. Also, RSI recently reached 70 and is showing a decrease these days. Moreover, the price hit an upper boundary of the Keltner channel.
Position: SHORT
Stop-loss $302.81
Entry range: $299.93-$302.81
Target I: $286.88
Target II: $274.82
As soon as target I is reached, we recommend repeating the test again and deciding whether to continue with a short position hence, to target II, or to go a long position.
NFLX ShortEntry price: 559-569$
Target price: 502-510$
Keltner Channel: the price crossed the upper boundary.
RSI: indicator crossed 70 level, the market is overbought. Therefore, the bearish movement might occur.
Conclusions: RSI and Keltner Channels suggest the trend retracement. The short position is recommended after the price rejects from the resistance level.
no financial advice
What will Cardano do in the next two days?Soon we will see a strong uptrend and reach the range of 3350
SOLANA / USD (SOLUSD) SHORT POSITIONSolana is a crypto startup that was founded in 2018. The startup builds and develops crypto apps for decentralized apps and marketplaces.
As can be seen, Solana´s increasing trend has peaked and is gradually declining these days.
After a period of overbought cryptocurrency, we can expect continued falling prices, as indicated by RSI. Moreover, the prices extended an upper line of the Keltner channel that according to the historical data leads to a reduction in price. Also MACD line and signal line are getting closer to each other. Therefore, we can expect bearish confirmation in the upcoming days.
Conclusion:
All the indicators and tools analysed showing that the price of cryptocurrency is going to fall down. Therefore, we recommend trading in a short position.
For indicating the entry and target levels, the Fibonacci retracement tool was used as follows:
entry range: $65.9725-$67.175
target I: $58.595
target II: $51.31
stop loss: $68.8025
NO FINANCIAL ADVICE
