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EOS-USDT possible pitchfork channelHello traders and investors!! 😄👋 I am looking to follow the light pink path and stay in this channel, but it is important to consider more scenarios. There is always the possibility that BTC suddenly crashes and makes this channel invalid, where we would then see EOS fall, possibly to even ~$5. If we don't follow the latter, I am looking for possible entry at ~8.8 where our dashed yellow support line/50 fib retracement is located. If we fall below the dashed yellow support line, I am looking for next entry at around ~7.9 which would be the bottom of this channel. That being said, I would wait for confirmation that this is a valid channel, and that we do not break out of it before thinking of placing a buy order. -As long as BTC can maintain in this zone of 54-57k or higher, EOS is a safe cryptocurrency to invest in. -EOS hit an ATH back in 2018 of 23 dollars. -EOS is a fast transaction blockchain network compared to many others out there. Remember, wait until EOS is done correcting.👌 🛑🛑 This is not financial advice🛑🛑 Always keep a stop 🛑🤚💲 loss, and enter trades safely with proper precautions. Jazerbay ☯
ELong
by jazerbay
17
ETH, Ethereum - I'll open a position only in this caseIf the price starts to squeeze, it will be a great breakout pattern. I see an entry point only after retesting of level. I am cautious because it is possible to fall to 1840. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
by Yuriy_Bishko
11
DOT/USDT lot of mess for a simple double top😆Hello traders and investors😄, Had a little fun with this one. Sorry for the mess, but it is meant to be simple : DOT USDT breaking out to hit a double-top, then reach a new highest high either now, or after reconsolidation. ~entry now, (38.0) ~exit 42.0 (watch for a new high is possible though) ~stop loss 36.9, 36.5, 35.5, 34.0 This is just an estimation, a chart of possibilities. Please trade at your own risk! Jazerbay 💕
by jazerbay
8
LTC: The Calm before the StormLTC is now trading around a very critical level. Thus, a Long position can be easily spotted for several reasons: 1. Fibonacci Retracement: Price is around 61.8% which is a very important level acting like a support here. 2. Formation of Pattern: A double bottom could be formed in the next few hours and it is clear that if the price rejects the 61.8% it means that a DD has formed on the hourly timeframes. 3. Cryptocurrency Influence: Cryptocurrencies and especially BTC and ETH are far from the selling idea, adding more confirmation into traders minds that cryptos are never to be sold. Will it bounce back as the speculations are for the other cryptocurrencies ? Time will tell. Trade Safe and Best of Luck ! MacroForex
COINBASE:LTCUSDLong
by Therealsmaira
2
LONG POSITIONThe Bank of England (BoE) is scheduled to announce its monetary policy decision at 12:00 GMT this Thursday. The UK central bank is widely anticipated to keep the key rate steady at 0.1% and maintain the size of its Asset Purchase Facility at £895 billion. The only thing that the market will care about is the BoE's assessment of the current state of the economy and the recent volatility in bond markets. If you find this helpful and want more FREE Updates on TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ 1_GFX English Support Team ❤️
Long
by AFFINITY_MARKETS