The war that is often referred to in the context of Bitcoin's trend analysis is the ongoing battle between Bitcoin bulls and bears. Bulls are investors who believe that the price of Bitcoin will continue to rise, while bears are investors who believe that the price will fall. This battle between bulls and bears can have a significant impact on the price of...
Hi everyone, I hope you are doing well. Yesterday I said that Bitcoin will have a small dump to the 21700 level since we observed a head and shoulders on the lower time frame (H4). However, the price did what I had least expected it to do. If you have been following me, I mentioned 3 days ago that a possible scenario might be less likely to happen, in which...
Hi everyone, Yesterday I mentioned that we are going to do a retracement to at least the 0.5 Fib level (Which we just did), and I also gave a free signal on DOTUSDT, which is up 7% Right now. (I really encourage you to follow me top not miss these opportunities). At the present moment, we are seeing a clear rejection from the same Fib level, as we are also...
Day trade for Tuesday June 15.Technology sector has had a week of strong relative performance. Momentum indicators in full swing, 1 hour charts show bullish candlesticks until close with increasing volume. Stop loss at 83; target price 88.
Left : ALGO mustering bullish sentiment. defiantly a "long-able" coin in my opinion Right : ALGO is currently in a symmetrical triangle and waiting to break out. The top tine has been touched 2 or 3 times, It will take only 1 or 2 more taps to break through. strong support underneath. Lines are ordered in (mo) likelyness. If falls into "red zone" look below...
N4 next candlestick day is bullish and the dollar is mostly weak on friday's. Goodluck
hello traders, there was hardly any set up lately in the EU however, there was a big buy, but some of us missed the opportunity. So therefore, I have multiple bias of ideas for you guys to see and look at. Highly recommended for you guys to wait at least 2 hours for the candle to close to make your decision. You can see it was making HH and HL. During this time I...
I am still taking a short on this waiting for the right entry. Slow.
Don't put in BIG capital hoping for quick returns, it is one of High market cap coin so will take that long to move! i don't see it moving anytime sooner, possible accumulation going on, might happen till 2021, as long as weekly doesn't close below 2428 this chart is valid. Immediate résistance - 3345 The support that was there for 1.5years has now turned in...
Bitcoin hardly doing anything looking at the higher timeframes. Still could be a diamond playing out again. But I will first see real conformation for any pattern at the moment before I get into a trade again.
I think G pair is no clear direction yet for this week after a big rocket up and down. GJ must break the box and red line only continue bullish train. i guess this will be next week story. up or down, we shall observe.
Hello, Would like to first say that there is so much noice atm in this spiral of emotions. 5% of it is market makers, rest is alot of wishing and thinking TA (emotions). Market makers: Have made bitcoin to their little puppet. They fool everyone in and short it , a synced bitcoin bulltrap for the final capitulation that we will have coming 2 years. And so the...
It appears that the vacant economic calendar and slow trading conditions are promoting a rotational EUR/USD. Until Friday’s U.S. CPI release, I expect this market to trade between the 38% Current Wave retracement (1.1612) and the June/July Double Bottom (1.1510). In the event the EUR/USD fails to sustain trade above the 1.1612 area, then we are in a position to...
The Euro has gained ground against the USD for the last two sessions. Of course, the downtrend of 2018 is still massive, with the EUR/USD struggling to gain any bullish momentum. In such a tight market, playing a rotational strategy is a good way to rack a few pips. A buy from above daily support at 1.1657 is a positive entry to the bull. A modest profit target...
Looks like we have confirmed small iHS on 4hrs. It seems we are slowly turning the tide - last leg didn't come to the downtrend support anymore and we're testing downtrend resistance seriously for the first time since start of May 2018.
Hello friends, This didnt come in to my mind at first but, the longer i looked at it i saw this could be a potential R HAS. 5 point uptrend that is very slow at the moment. It could be in potential uptrend channel but after all we are only in the 2nd point of the chart. If the it breaks any of the Supports, the chart will become invalid! Rsi is looking like in...
(Note turquoise indicators this time) Resistance levels 1. from 124.76 to 125.08 indicates a potential slowdown upon hitting that level. 2. Another more recent gap at 125.48 3. and the Fibb level at 125.77 indicates multiple slowdown regions 4. not to mention top boundary of the declining channel What are the signs of continued upward movement? 1. The strong...