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THE MOST IMPORTANT 5 HOURS FOR BTCHello Everyone!!! BTC has been sideways for almost 3 days now, the range is between $40.700 - $40.000, and right now we are on the APEX, we will have a blast off soon. **BTC Idea** Please check my recent post on BTC, especially the one on Daily TimeFrame. Before we talk about BTC back to Bullish again, we really need to pay attention on the potential for Dead Cat Bounce Pattern. BTC got rejected so many times around the Fibo 0,618 Retracement. This is actually not a very good sign, based on so many data that I found, BTC is being accumulated by the whales since Friday, but we're not seeing the price rebound, also I got an article that showing BTC got a very huge outflow from Coinbase in Friday. Maybe because some of them expecting a cheaper price around $37K ( Fib Retracement 0,786 on Daily Time Frame ). Like Do Kwon perhaps, through LUNA Foundation's Guard, they did accumulating BTC, but for them to Buy more, they need Sellers and they need cheaper price. I personally not expecting BTC to drop even lower from the Major Trendline in the Daily Time Frame, but if it needs to go down, then it will go down first. There's no demand on this area, and perhaps a cheaper price will make the whales more interested to buy more. For now, I'm paying attention on Symmetrical Triangle Pattern, especially on the Hourly Time Frame. Break from this pattern will give us a clear path to the chosen direction by BTC, and this also give us a clue on how to react in BTC price right now. I'm a trader, so I need the price to show me first before I react and making decision. This is not a financial advice, it's just my humble opinion and I could be wrong somehow. Good luck for you guys!! And if you guys interested on my Analysis, I would be very happy to make a YouTube videos with English language, I'll be waiting for your thoughts and please leave it on comment below. God Bless and Cheers!!!
COINBASE:BTCUSD
by Kevin_Sailly
2
CADJPY - Chart Analysis - StrategyAccording to chart analysis, it is possible that it will be a good bullish ride but a better strategy is to wait for trend continuation, so for that, we have possible two plans Plan A: Short we have a Rising Wedge which indicates a Reversal Pattern so the strategy is to enter 97.045 and TP at 95.672, SL is 98.239 Plan B: Long we have a Bullish Pennant which indicates a Contuition Pattern so the strategy is to enter 100.197 and TP at 102.797, SL is 98.913
by mudassirali007
NZDJPY - Chart Analysis - StrategyAccording to chart analysis, it is possible that it will be a good bullish ride but a better strategy is to wait for trend continuation, so for that, we have possible two plans Plan A: Short we have a Rising Wedge which indicates a Reversal Pattern so the strategy is to enter 84.241 and TP at 82.062, SL is 84.883 Plan B: Long we have a Bullish Pennant which indicates a Contuition Pattern so the strategy is to enter 86.962 and TP at 89.378, SL is 86.357
by mudassirali007
Centrifuge Token Now Hitting Huge Resistance! Here's How I TradeTraders, Can't remember if I recommended this coin in my "This Week's Hotness" video or if this was simply a trade I put out to my Paid Subscriber Group? In any case, I was entered this trade only hour before Target #1 was reached at 56.8 cents. Some of my paid subs set their sell limit there and took profits. Others, like me, missed that opportunity and had to wait another day. That's ok though. One day later Target #2 was achieved at the 100 day moving average, where, quite honestly, I took my 28% profits and ran. However, CFG/WCFG was not done yet. It has managed to pump all the way past .80 cents (at the time of this writing) which indicates significant resistance. So, going forward, here's what I am looking at. I think CFG has now met it's match at that .80 cents resistance. Despite my name, I am not a profit. However, probability does suggest we'll retreat now. Possibly coming all the way back down to that 100 day moving average at 65 cents and descending. Those with patience will be rewarded with a nice re-entry target here. And if it doesn't make it down that far, that's okay. Plenty of opportunities out there right now guys. Stay tuned. - Stewdam.us
COINBASE:WCFGUSD
by stewdamus