We have touched important level of 8090 this week.It is amazing that btc is moving as per my chart. check my previous chart analysis and markings,
Some people are bearish and selling in pannic. I am still bullish because bitcoin is moving as per its 4 hr plan. It has touched 8090 which is very important level in this week. so likely we may touch $8300-8600. now lot if greed in market so we do exactly opposite on right time.
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REMEMBER!!! PATIENCE IS THE GAME
Shortselling
Gold SellingWith Stock markets starting to enter Bear Market, a lot of Investors are looking for safe havens, GOLD is one of those, with a correlation to the stock market, Gold strengthens when the Indices weaken, we believe the is a large presence of Short Sellers at around the 1,303.000 area, this may only be temporary (quick bounce) as Gold prices could continue to go to higher levels to a resistance line.
$SNAP To Single Digits$SNAP Just broke below $12.00 support which is now the resistance. DAU decreased last quarter and rev. growth will also slow down. Given its growth prospects, I do not think this co. deserve a 15x p/s. At $11.64 it looks like a good price to open a short. Insiders are also dumping.
Another EUROPE stock market that's going bearishAEX is running out of steam and created a zone of rejection at the all time highs. Price is now likely to go down.
What might potentially happen:
- Price goes down to 540 area and bounce back
- Prices goes down to 540 area and break further down towards the 500-510 area.
Clear Bearish Pennant Pattern on USDCHF After the strong bearish impulse the price as started a corrective movement.
Creating one of the most effective patterns (Bearish Pennant) when it comes to follow the trend.
Concluding I think it is a good opportunity to enter short as soon as we have the confirmation from the price breaking corretion´s support line.
This market analysis is just a investment idea, the same shouldn't be taken as a financial counseling without risk envolved.
CFD´s are very complex financial products that can result on the loss of most capital invested
AUDUSD Price RejectionAfter the strong bullish impulse the asset´s price touches now an interesting red zone, and also the resistance line that has maintained the price from the beginning of October 2017.
The price is now under big pressure after the massive impulse, it could possible turn into a range at the 0.76386 area.
By now it´s expected that we´ll see a bearish movement.
But do not forget that the bias remains bullish until it passes the 0.76386 area.
This market analysis is just a investment idea, the same shouldn't be taken as a financial counseling without risk envolved.
CFD´s are very complex financial products that can result on the loss of most capital invested
End Of Price Retracement AUDNZDThe price of the asset is negotiating in a clear bearish channel. At this moment it is in a pure correction after a big impulse by the sell side.
It is predicted that will arrive at its end soon, breaking the suport blue line.
This market analysis is just a investment idea, the same shouldn't be taken as a financial counseling without risk envolved.
CFD´s are very complex financial products that can result on the loss of most capital invested.