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! :)
To
BCH/BTC - ready to pumpBCH/BTC looks like it has great potential to pump up to the target.
Target: 0.0458
Bitmex Target: 0.0468
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! :)
TNT/BTC - "watch me explode"TNT/BTC looks like a great potential buy here for a powerful move upwards. I am moving my target higher than my previous posts.
Target 1: 0.00000750
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.
GSAT ready to break outGSAT has formed a double bottom and the down trend line has been broken and is currently back testing the now support line.
Info is good, Q report showed =.01 cent profit / share as apposed to projection of -(.02 ) cent / share.
Massive short position could get squeezed soon.
Performance this week is 13% performance this month is 29%
my target is $2.50
Market maker has been supporting the rise.
Hang Seng Index: Positive to 28017 on a break above 26770Hang Seng Futures HSI1!
Next Long Set-Up
This index made a neat exit of the upper parallel - followed by a pip perfect retest of the same line before reversing higher again to test the first line of resistance at 26764, failing just below here after an intraday high at 26694 on futures.
The 26770 level is looking increasingly significant. A break above here should be worth following for close to 5% upside to 28017.
This index really needs a stop of about 100 points - 3 times more than the Dow although they are both the same price pretty much.
It's just the way it is.
So a break above 26770 will need a stop 100 points lower at least, and really it should be under the 26588 level, which is over 180 points of risk against 1200 points of reward.
The range between 26764 and 26588 is creating whipsaw - it's effectively a small band of uncertainty which may crreate a little more whipsaw around the open. But once it's shown it can overcome 26770 it should be worth following long - but be careful with the stop if trading this one.
Nasdaq 100: NAS100 Powell Rides to the Rescue Nasdaq 100 NAS100
After an early session fail at the neckline Nasdaq duly found the support it needed but it arrived just above the 6698 line and then shot higher as Powell rode in to the rescue.
It's since powered straight to the next target at 6902-6919 after a high at 6917.
Thank you Jerry. Thanks to him that IHS completed in a few minutes flat :)
It's shot up 3% today and is a little over-extended right now.
As with the other indices covered tonight it would be handy if it came off from here, breaking below 6900 to trigger further weakness back to 6795 where it should bounce again (and from the neckline at lowest) in the event of weakness once 6900 is lost.
And if we don't get the expected consolidation from current levels it can push higher still to 6955 at likely best overnight before it begins to consolidate from there - if so will have to see how it holds up at 6903-0 on any retests to judge how strong it's likely to be during tomorrow's session.
Has to break above 6920 to scalp long to 6955 and then has to break above 6960 to follow long again (in event of no consolidation) to 7096.
MSCI World Index: Correction then 2.5% further Upside to 6015MSCI World Futures Index USD FMWO1!
An excellent day for bulls all over the world.
Now most markets are testing important resistance levels (Hang Seng, Sensex, SPX and Nasdaq)
and are vulnerable to fairly light profit taking in the very near term.
The MSCI World Index is also very close to resistance at 5873.
Has to break above here to confirm further strength back to the 6000-6015 range - about a 2.5% burst.
It looks likely to manage this sooner or later.
If it's to be later it should find good support on any retest of the rising dynamic at around the 5752 level.
Look for confirmation to buy a favored major market again either here - or if we don't get it then on a break above 5875 looking for an averaged rise of about 2.5%.
KEYBTC - LONG - Possible Edge to Edge tradeWe are looking at KEY, with a nice consolidation above the Tenkan in the 12H chart, it looks like its setting itself up for an Edge to Edge trade. This position may last about 2 - 3 weeks for the whole thing to play out, but we will be setting some short term targets, and after that we can just adjust the stop-loss and let the rest of the position ride.
Entries: 0.00000090 - 0.00000094
Target 1: 0.000000103
Target 2: 0.000000115
Stop Loss: 0.00000086
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XRP bullish outlook / how to tradeXRP performing complex elliot wave correction. Now forming a pennant after upmove, which is likely to break up. Just like the pennant formed after the downmove broke down, i expect this one to break up. Possible bounce zone should be above the last low at point D. Invalidation will be if it goes below. This means a heavier correction is coming. The green line is the confirmation level (C) for the mover higher up.
You can buy this coming pullback with stoploss below D, if your conservative you can buy if confirmation level breaks.
Target is around .7. Best of luck
NDX: Nasdaq 100 A good end to the week in storeNasdaq 100 NDX
Reading 2578 now - can come back to 7569 on the open but
should hold hold up here if the day is to remain a good
one....think it will be after a twitchy start. Marketmakers
need to try shaking the tree to get some stock on
board...don't think they will shake out much though - which
should bode well for the rest of the day if correct.
A potentially great end to the week in store...
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FMWO: World Markets Overview - Back to Positive in neartermFMWO World Markets Near Term Outlook
September 13th
This index only prints End of Day on Tv.
But it's still useful for a birds eye view of world markets.
It was meant to bounce from the lowest parallel.
Thankfully for world markets it has done.
It should rally back to the 6287 line and then, after a little
consolidation, on to the old high at 6359, about 3%.
This should augur well for US markets too.
Still a buy dips market therefore.
September 10th
This lumbering beast came within a couple of points of the lower support line before bouncing away to the upside again.
This index still looks positive from here.
That should be helpful for major markets in the near term.
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please see link at top-left of main page.
ADABTC Cardano/Bitcoin Get ready to short the break lower againADABTC Cardano/Bitcoin
Testing support at 141 but still not looking to buy it.
Waiting for a break below 141 to short again back to 124
initially and then 903 and finally 60-57.
No coin is too low to sell if the pattern is strong enough to do so.
Best case scenario for this one is a counter-rally back to the
dynamic above it before it falls away again. If so will look to
short it from there instead.
DXY Dollar Index Next Trade Point Monday: Buy Dip back to 95.53 DXY Dollar Index
The dollar broke above the 95.53 line on Friday on DXY chart and surged to within 4 pips of the next line at 96.49 by the end of the day before halting.
It's a little overbought and should come off from here back to retest the 95.53 line before rallying once again.
At some point fairly soon it should go on to break above the 96.49 line and move up to the next line of resistance at 97.83.
This chart is usually the best confirming indicator there is for timing tops and bottoms across the Dollar pairs.
EURUSD Breaking Bad - Look to Short the next counter-rally EURUSD
EUR broke important support at the 1.15088 line on Friday and then collapsed in a near straight line towards the next line of support at 1.13679, after making a low 19 pips above here so far.
All these lines on DXY and Gold and here too are weeks old and none of these charts have had to be updated or amended....showing how slooooow most markets are compared to Bitcoin, which needs updating every day and somettimes more.
There's a lot to be said for the quiet life.
Bitcoin is Formula 1 full-on - or used to be : (
Everything else is so sloooow in comparison.
Still believe that Bitcoin provides the best training ground for trading across multiple markets - but they require way more patience usually, that's all.
The break on Friday looks like the prelude to bigger a break-down which should take EUR back down to 1.0855 and potentially as far back as 1.0490 through the Autumn/Fall period.
In the very near term the nearest support potential lies at 1.1367 and extends down to 1.1316 which should create a counter rally back to the 1.148-1.1508 range at best before it falls away again - it may be quite dramatic when it does.
Look to short the counter-rally with stops just above the 1.1532 level by a few pips.
Can use the DXY chart as confirmation.
TP 1 1.1118
TP2 1.0855
TP3 1.0490
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