Strong
MATIC/BNB - BUY and w8 the break point to sellA new trend it's coming, keep follow the movement to boost your portfolio (profit range 10%).
Next PUMP or DUMP at breaking point.
Tesla has Strong Technicals to ReverseTesla is approaching strong support that has been present for multiple years. It is also massively oversold and if nothing else, due for a dead cat bounce to retest the downtrend. This looks to be a strong buy with low risk and great for long time investment. Happy Trading!
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Strong vs WeakHello traders.
During the London session this morning we are seeing consistent strength in the Swiss Frank with all pairs increasing in value. Meanwhile the opposite is true for the Japanese Yen - all pairs are down making the Yen weak.
The result of strong vs weak is a trend. Our pick today is the CHF/JPY pair for a long position.
Here's why..
CHF Pairs:
AUDCHF -0.14%
CADCHF -0.22%
NZDCHF -0.01%
EURCHF -0.15%
GBPCHF -0.06%
USDCHF -0.10%
CHFJPY +0.23%
JPY Pairs:
USDJPY +0.13%
EURJPY +0.09%
GBPJPY +0.21%
AUDJPY +0.09%
CHFJPY +0.24%
NZDJPY +0.22%
CADJPY +0.00%
As always, use stops and manage your position for the duration of the trade.
Good luck and feel free to share with me your views on the CHF/JPY pair.
The weekly stochrsi trendline that refuses to bend the kneethroughout the recent bear scare where for a moment it looked like we may finally be seeing the 31%-41% correction anticipated to follow our current parabolic uptrend, the ascending green trendline on our weekly stochrsi has held vigilant support only slightly teasing a peek below it briefly which now there is no longer any trace of. This line has held strong support through the entire 2019 bull run this far and still has 34 days left of which it may continue to hold support...if it does so we may not see the big correction until the end of June. Once we close a weekly candle below this line odds are good that's the signal that the big correction is upon us but we have a chance in the meantime to ride this further up to 9.6 -10k range and possibly even 11k before that correction sets in. So as has been this entire uptrend this trendline still remains the most important one to keep your eyes on to tell whether or not any current dips that are occurring are going to be shortlived or be much more significant. We are still currently rangebound between 7.4k support and 8,5k resistance and until either gets a close above resistance or below support we will remain that way. I think the ascending green trendline shown here will maintain support long enough to carry us up above 8.5 and onward to 9.6
Bitcoin Triangle formation for possible bearish trend correctionAfter initial strong bearish relief and the countering rally of the bulls, the market has been floating in a significant range also forming a symmetrical triangle.
Due to huge resistance and possible gaps in the still overall bullish trendline on 4h. A strong break and close below triangle walls could indicate further bearish relief but strong bullish diagonal TL support is met leading to profitable RR.
China Currency has Limit its WeaknessAmidst the mighty trade war, China currency has a predefined limit on its weakness. Price has reached a strong support giving us a great opportunity to short. Stochastics has reach overbought level.
Disclosure : This is not a guaranteed trade signal. FX traders should know the inherent risk in trading FX market and its unpredictability. FX money management is required depend on your AC size.
What's keeping us from correcting? Weekly Stochrsi support line.the biggest way most people have been missing out during this bullrun is simply by taking profits expecting a correction thats long overdue but still doesn't come and they end up losing some of their btc positioning and fomoing in a few pips higher up. I think the main reason for this lack of correction is that momentum has been skimming the top of a super strong ascending trendline on the weekly stochrsi for most of this pump as seen here. As I've mentioned about this line in previous ideas it goes all the way back to 2016 and has held both crucial support and resistance several times from then to now. In fact, it looks like it could potentially keep the momentum in the 100 range possibly as long as the end of June before finally having no choice but to break below it. That would be phenomenal and give us still plenty of time to continue upward and test higher ranges like 8k,9k, maybe even 10k before a correction. My chart on the Total crypto market cap from back in February indicated that the whole market would triple to quadruple in value after breaking up out of a huge falling wedge pattern...we are nearing very close to being halfway there so it would no surprise me if somehow his run continues for another month with altcoins joining in with it to hoist the total market cap somewhere close to that breakout target. Of course we could also have the correction as soon as tomorrow too...either way, the easiest way to tell when the correction is about to happen will be when you see the weekly stochrsi finally fall below this strong ascending trendline and then solidify it as resistance. So I will watch it closely and hodl and buy dips until it does.
GBPUSD nearing Strong resistance level before falling downwards.The price is making a very sharp move towards last years resistance forming a " Rising Wedge ". My prediction is it will test the resistance before falling down. Take profit at the first level where the wedge trend line is formed. This is valid in all the hourly time frames, might be a long term short position.
This ETH chart is similar to the rest. Look for some up movementYou might have heard the hype that mentioned a "cup and handle" and then probably the hype that said this traditional chart pattern failed; hype is just that, hype. It seems to me that this is a strong bottom that has formed and up, over long term and mid-long term, is what I expect. This looks very nice to me.
[AUD/NZD] Strong NZD vs Weak AUD = Short! [BTFD-VIP]Greetings members and guests PLEASE hit the Thumbs Up button on the right to show some support and love ------------------------->>>>>> ^^^^^^^^ <<<<<
Comments and questions are welcomed below, please feel free to ASK anything!
HOW TO TRADE THIS CHART?
First like/thumbs up the chart then read below.....
The AUD/NZD is in our sights, waiting for a decent pullback and shorting this pair due to a very weak Aussie dollar and a strong New Zealand dollar
AUD had pretty poor news releases this week already adding to its general weakness
there are three major low support levels shown by the purple lines, we can use these to take profits from
after dropping out of the descending channel we can see it in oversold areas which should bring the price up a bit in next 24-72 hrs in which we will be looking for an entry...
looking for a pullback to around 1.0500-1.0550 for an entry using small lots
Targets 1.035 & 1.0222
S/L at R1 resistance level 1.0625
if we do not get back up to those levels i suggest a buy stop at the S1 level or anywhere in between
this will be a short-mid term trade continuing with the current downtrend
disclaimer: this is for entertainment purposes only and not be considered trade advice
CARDANO PrevisãoA minha previsão com base nos suportes e resistências (prevejo tudo acontecer em 2019 mas sem precisar meses). 4 centimos de USD é um dos preços mais baixos pelo qual as pessoas aceitaram pagar por uma ADA. O preço actual é BINANCE:ADAUSD Acredito que o volte a chegar aos 1USD/ADA. Forte projecto. Forte comunidade. Fundador foi co-fundador do ETHEREUM. Muito mais potêncial para subir muito de que descer. As odds estão do nosso lado! ALL-in aos 4, 5 cents. (Eliminando o risco, vender o valor inicialmente investido assim que este dobrar(11, 12 cents).
PS: Faz um estudo sobre o projecto, sobre os gráficos. É um mercado de grande volatilidade. Não serei responsável por qualquer ganho ou perda. Boa sorte!
Don't be so sure for SELL - USDJPYThis is price level where USD can stay and grow up from this support.
So be careful about your SELL position. Because you can see how strong resistance level it was Before.
My best recommendation is to wait, don't sell now.
Strong support for USD
Time for Correction