#WRX long it, Buy it!! broken from descending triangle, taking a small risk here :D
this will be my LONG TERM target MOOOOOOOON IT!!!!
Soon
20191220 XBTEUR Head and Shoulder CompleteHi guys,
So, i dont know if there would be another one HS l... if this is just the first one of this uptrend or not but right now, One is complete at 4hs. Theres confirmation with volume and indicator.
Hope this help you out!
I dont know if ill be aboe to keep track and post before christmas so, if not... I wish you a Merry Christmas to all and good holidays with friends and family!
Cheers and have a safe trading!
-CharterX
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Adam & Eve Bottom - Do we continue lower?For the first time we are starting to see some signs of sellers getting exhausted and bulls starting to add pressure. Some are calling for a possible "Adam & Eve Bottom" - but where is all the volume? The new money? adoption!
With the small size and relative lack of liquidity in the BTC market - it can be easily manipulated by insider trading desks at exchanges, "whales", or supposed institutional players like Bakkt, CME, etc..
But what is the reality?
Bitcoin can go to zero.
Right now a vast majority of the coins, 11 of the 18 million in supply are being HODL'd hard and have not moved since 2014..
Bounce from 9.4k likely, target - 10.8k area.The 9.4k level has again held strong, It has proven again and again its a strong level.
I think price might go and test the 10.5k-10.8k area and then go on price discovery mode again.
It could possibly break above that area as well, I will make future trades based on how the test reacts.
A 4h candle closing below 9.7k area will put a pause on this trade idea.
I am managing this trade on the lower TF's.
AGFB Ready for a long Bull RunAFGB looks ready to run after a very long triangle for around 4 Years.
Long target is around 7€ => 1.6 Fibonacci and also the same pips number than the start of the triangle.
This is not advice it's just an Idea.
And if you had any objection feel free to tell me in a comment.
(sorry for my English)
BCH/BTC - ready to pump (updated)BCH/BTC looks like it has great potential to pump up to the target.
I didn't like where the top of the fib channel was originally set, this makes much more sense to me.
Target: 0.0540
Bitmex Target: 0.0550
Blue triangle indicates the current range.
Green box is buy.
Red box is sell.
Blue line indicates major resistance.
Yellow line indicates t/p.
This is a log chart.
This is not financial advice. All charts shown on my page, including this one, are just for fun.
If you enjoy my ideas please give this post a like and follow my page if you would like to see future posts! :)
XRP BOTTOMED! TIME TO SHOOT UP!Looks like the fall of xrp is over now. The price bubble that’s marked here seems like the lowest point that ripple fell to. As you can see, the ema spread indicates an upcoming bullish move. Also, XRP has broken towards the upside from the descending triangle and is continuing to move up sideways with low volume (accumulating). The next level of resistance that xrp needs to break is the EMA 50 (the blue line). From this point, the price should rise up almost certainly. In any case, the same price level (as marked) seems to be a major support from which XRP will bounce even if it starts falling now!
triple combo wave is what playing out BULLRUN SOONokay, so it was the short scenario there was playing out. and i really didnt see that is was going to drop so much, but it did. and it´s just fine whit cheaper prices rigth ;) i was in a LONG position and got stopped out ( off course ) no need to cry abaout a loss. that´s just how a market works. if you can´t accept that, you will never be a trader.
i dont know excactly where the price are heading to. but i still think we ( in the big picture ) is very close to the bottom. but if we take a little look at the daily chart, we still got our bullflag intact. and inside we see a big ABC pattern. then we have an atempt to breakout, and then we was getting a WXY. now as i see it. we are just about to finish what in elliot theory is called a triple combo wave. (WXYXZ) i think we can begin to fill up the long positions in area ( 0.28800- 0.27200 ) Tand from there you should hold on whit both hands. but wee will see. the daily RSI is near 30. ( very oversold )
TRADE SAFE, DONT USE THIS AS A TRADING ADVICE.