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S&P500 2 cenários possíveis mas qual o mais provável????Com base no movimento atual do S&P, 2 roadmaps podem ser possíveis mas qual o mais provável após 11 anos de Bull market, deixo aqui a minha visão do que poderemos ver no futuro.
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XRP too many bullish signs...XRP has many bullish sings on the 4hr.
On the rsi there is a lear curve that we will continue to follow up.
Xrp has also been stuck under a big resistance for awhile, and for the first time just broke out AND confirmed. Last time it forgot to confirm causing it to crash back down.
We can also see a consolidation & soon to be breakout of XRP.
I believe we should be in the 19 cent range in the next week or two, to test our next resistance.
LINK - H&S pattern? TA trainigHello traders,
This is quinck analysis about possible H&S pattern just shown up today... Im not sure if is it real H&S pattern or just fake one, so Im posting this to open conversation with you guys...
Everything suggest that is supposed to be real pattern, but Im worried about volume... Theory says that left shouled volume should be the highest from pattern, then head volume and the lowest should be right shoulder... but it is not like that in this figure...
However, if is it real H&s pattern then we can expect fall to level around 2.68 (yellow line)...
Anyway at this moment we can see pullback from neck line, so the best is to wait for confirmation...
Let me know what you think in a comment session, cheers
EURCHF: Bullish Run In A Few Hours
Using support and resistance, EURCHF seems to have reached its lowest support which has held since 2011. It held again in 2016, and 2017. Using the 30 minutes time-frame, price is forming a flag on the top of the bottom. This signifies a reversal of the current downtrend which seems to have been in progress since early February.
However, there are other fundamental factors affecting the price of this pair like the weakening strength of the Euro due to the ECB's interest rate decision, and also the mayhem being caused by the Covid-19 in Italy. If all other factors remain as they are, the we should be expecting a bullish run in this market for the next couple days.
Always keep your lot sizes small and use proper risk management techniques. All comments are also welcome, and debate is necessary for growth. I'm happy to welcome contradicting ideas, as it'll help me grow in making proper analysis in the future. Thanks guys.
Might we have a major uptrend move in 2020We might be in the process to start a major move um on EURUSD as long this last bottom hold, taking advantage of USD being lose strength we might have a good 2020 for EUR pairs.
Still too early to be sure if is really what is happening but the pitchfork is established and as long the lower pivot holds we have 80% probability to make the median line impulsively.
If you like it, leave your comments and give that thumb up to support.
Previous mission complete. Let's continue the moon mission.We bounced in the previous area i highlighted but didn't hang around long which indicates strength to me. I expect we slowly move upwards from here and eventually retest the local highs around 10.4 - 10.5 maybe early next week. We have the weekend coming up though so maybe we'll see some high level shenanigans to shake the tree a bit more but ultimately the trend is up for me. Let's see. Good luck folks!
Huge R:R on this pre-halving retrace and .5 Fibonacci daily testThe bitcoin's halving has historically been a key event for bull markets (as happen with LTC the past year)
During years all the halving have a pre-halving retrace, and should be this one. (If not, we will try again around the $8200)
Bitcoin is showing weakness during the past few days, but for us, this is near to go hard up!
The RSI and stochastic are in huge levels to buy, also, the market sentiment is becoming to much bearish, for sure a good chance to counter trade over the 8200 targets.
On the daily chart we already test the 200MA, and for me this is part of the wick into this level, taking as ground the 0.5 Fibonacci level, based on the last low of 2018 around 3000's and the higher of the past year near to the $14.000
This is a really simple setup with a high R:R ratio
Targets
8650 - Breakeven stop
8800 *Stop TP1
9200 * *
9500 * *
10500 * *
12000 * *
Moving our stop loss every target to avoid big losses
Falling Wedge on BTC? Are we headed for the low 9k's?? We've now made a LH and a new trend line drawn in, which looks to be potentially forming a descending wedge with our new green downward parallel channel support.
I'm still not discounting we go over 10k again in the midterm, so don't call me a permabear, because I'm not, but for now the weakness that BTC is showing (at least short term) suggests to me we are headed down a bit more.
We need to hold above 9525 IMO to invalidate this next idea and break above 10,480 for this direction to be considered bullish, but right now i'm not seeing that happening.
Keeping in mind, we may not even create this W bottom and just go straight for the jugular around 9125 - from there i'll be considering my longs.
Could we see a W bottom play out like we've seen on a tonne of alts lately before another crack at 10,450?
I
BTC long term ascending triangle soon closng on logaritmic scaleHello fellow cryptoers.
Disclaimer; I have little to no idea what I'm doing.
I noticed this large ascending triangle when using the logarithmic scale, that is soon to close (fully closed by the middle of june).
As this one is ascending, it can be expected for the price to break upwards.
Please tell me if you think I'm onto something. Hopefully someone more knowledgeable can clarify any mistakes, or add onto the TA.
Trade safe!