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Technicalalysis

BTC - BIG STORM AHEAD !! Bulls Are Now Trapped Waiting Death. => CHARTS = (MEDIUM/LONG) TERM - Please Don't Be Confused => Takes (weeks/months) to Complete <= Hi, Followers and Friends, So, as we saw on the last chart, a pause and a correction just happened on BTC market. Now, It is probably time for Number # 3 - DROP TIME. When there is a Down Trend = Correction is Up. When there is a Up Trend = Correction is Down. Since BTC is still on a Downtrend, correction was up, and now many bulls are trapped, because price should not go any higher. At first, on May 25th, I posted a possibility for a Bull Trap to 8k. But then, on May 29th, I saw a very strong resistance at 7.800, so I told everyone that 8k was out, and that price could not reach 8k. So far, this bull trap could only hit $ 7.770. Now, correction is stressed out, and there is no more power to get price higher than $7800 resistance. So, if there is no result, and Bears feel Weakness, that start to come for another massacre. MA 100 is now in charge of the Daily Chart. It is still possible that all the Bulls try one last attempt before dying, trying to survive. So, let's see if it is going to be a calm death or if there will be a resistance. But, M.W. still shows that $ 7.800 is the limit as a resistance for BTC now. It is so weird how many people keep using higher lows to do technical analysis on daily charts. Some types of charts and only on specific moments, could help, not like this. So, because they see higher lows on BTC on daily chart, they just think price is going to 13K now. It is not time to go long yet. Hold On, time for that is probably very near. Beginners and Intermediate just wait for price to get lower to buy, others check below. Remember This is Very Dangerous Market so try to not Lose All Your Money on This, and You can already call yourself a winner: Beginners: Don't Trade (Bullish/Bearish) Market - Don't Trade Bull Trap - Don't Borrow Money Intermediate : Trade Bullish Market Only (Low Risk) - Don't Short - Don't Borrow Money Advanced: Trade Bullish or Bearish Market ( Low Risk) - Don't Trade Bull Trap - Don't Borrow Money Experienced: Trade Bullish or Bearish Market ( Medium Risk) - Trade Bull Trap (Low Risk) - Borrow Some Money Top: Trade Bullish or Bearish Market (High Risk - Big Money) - Trade Bull Trap (High Risk) - Borrow Some Money Follow This and the Risk of Losing Everything Falls to 90%. ___________________________________________________________ ADVICE: -------- => MARKET FLOW: Market never happens at once, there will always be many moves inside the waves if you look close enough. When I spot a Trend and post it here, it does not mean it will go at once, or at that exact moment I post. These Charts I post are Medium/Long Term - so takes weeks/months to complete. => CHARTS = (MEDIUM/LONG) TERM - Please Don't Be Confused (Takes weeks/months to Complete) => PLACING ORDERS: At this moment, I am NOT offering buy and sell signals, you need to Do Your Own Research when Placing Your Orders and Stop Loss. => STOP LOSS: That's a responsibility a person should have with their own money, I don't have the influence on that. I strongly advise you to use a stop loss. Try to catch the waves, but with a secure area, and limit your risks, considering a loss you can afford. _________________________________________ => For MORE INFORMATION check Related Ideas Below. => Feel free to: Comment, Suggest better ideas, Ask questions inbox, Help me improve, Give a Like and Follow. _________________________________________ Good Luck and Good Profit. M.W. - Moving Water
Short
by EDWARDCASHTRADER
101
GOLD - Loosing GroundYesterday #Gold break below the 1240 #support (#endingdiagonal) but managed to bounce back. I already expect Gold to start its major #correction for the move started 1120 but before that one last leg up is still in play (because of ending diagonal #elliotwave pattern). yesterday break of the support indicate that the fall may come quicker than we expect and #Gold may not reach the #pricetarget 1270-75 area. we may be heading for a #truncated5thwave (in ending diagonal) which could cause prices to fall from 1260-63 area to begin the #majorcorrection.
FX_IDC:XAUUSD
by forexqueenpk
FCT Long for the next 3 daysHere we have an analysis of FCT, since they published the most recent news regarding smart contract a lot of value has been added to the coin, in my perspective this is going to be one of the few coins that in the future haves an incredible potential. Hold on to it and I strongly suggest u start selling aproaching the 400k level +/- 20k satoshis. High will be happening in the next few days and then expect it to drop to the medium level of the channel back again, and with time will be stable it will reach to bottom level of channel, a good entry point should be around 300k again or possibly less.
FLong
by insa
TSLA Medium Term Short - Next leg down from the bearish trendTSLA (Tesla) Short Here's a setup of a TSLA short that I've initiated on Friday. Looking at the Fibonacci retracement lines, it has struggled to breakout of the 38.2% line after it's initial denial at the 23.6% line. Recently, there has been a breakout from the 38.2% region due to a strong market, despite negative Tesla stories as of late. Similarly, price has had difficulty breaking above the 200sma, which it broke just as of late. However, the main bearish trend line, top one in blue, is acting as strong resistance. Tesla closed once again at the 38.2% line, looking to make a reversal here and head back to low 200s. Unless there is a breakout of the top trendline, I expect another leg down push, hopefully into the low 200s/high 100s region. This is a purely technical-based short setup but is very influenced by Tesla news. Musk has yet to release his master plan which he had mentioned this past week. Any evidence of a breakout of the blue line would be a good place to cover a short position.
NASDAQ:TSLAShort
by amishra36