Bitcoin Tunnel 4My prediction is explained in the drawing. The "Bitcoin Tunnel" is getting smaller and will eventually get too small and go a staright shot down or up.
Tunnel
ADA LongAda is at the bottom of its Rising Parallel Tunnel. Great opportunity to open a Long Position with very short Stop-Loss.
Win/Loss Ratio is amazing.
All Take Profit Targets are on the graph(market yellow).
Follow us to see more Trading Setups.
GBPJPY 4Hrs Trend breakout +1K PIP from a strong supportGBPJPY
Timeframe: 4Hrs
Long Swing Trading Position
Initial Take Profit : 167.74
TP2: 168.42
SL: 164.0 (back to the tunnel)
The pair was in a bearish tunnel for almost 3 months, but that tunnel has broken up on 6th September around a price of 164.22, which will eventually start a long bullish trend/tunnel while MACD and stochastic indicators are up ↑.
This is my first public idea to publish. I would be grateful to get your feedback if you liked the idea or not ^_^
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Esteem your Analysis and seek improvements ⌁
✽
AbdullahTech ♾
XAUUSD Double TopWe've a double top and in 1H and 4H tf seems the xauusd is being shorted, however we have a support created and a long body shadow, so we should wait to test the support or even cross the shadow to enter in a short position.
Since BB line are being shortene, together with EMA showing us a descent line
We can also watch the MACD crossing the 0,000
EURGBP ShortWe had an descending tunnel in many TF, however was crossed, but right now is coming back to the tunnel what show us a big probability of cointinue the short strategy.
Lets wait to see what will happen to the candle and if could cross the BB lower line
ANTO Long Tunnel IdeaANTO is in an uptrend in both weekly and monthly time frames. It has held its structure through the recent market volatility and is in a strong sector.
It has just bounced off the lower trend line and come from an oversold position.
I have taken a small position and am aiming for the top trendline on the chart over the coming days/weeks.
BTC Long Upwards TunnelThis is totally how BTC is going to move guys it's def doing this poggers
Not advice
BTC bullish tunnel trendBTC seems to be following this trend tunnel. Small dip to around 37k in the next hour, then new rally to 44k.
Bitcoin: Hours of Decision ForthcomingSince its crash in mid-March BINANCE:BTCUSDT entered an ever-narrowing tunnel. A decision will be forced very soon. Thoughts?
$RADAThere is always a light at the end of the tunnel. Until we see the light, keep averaging down and wait for that day to come. From the looks of it, it is still bearish but let us not lose any hopes. There will be many more green days.
ETHBTC | Can Ethereum really do it?Everything is related to the strong resistance line that has been involved since August 2019, if ETH could break it against BTC the next station is 0.035 and the target is above 0.043.
Are we bear yet?Hey again.
Nothing too special to write. again with BITMEX:XBTUSD
everything is pretty much written on the chart.
Please dont mind the rsi and macd on the 3H chart. I dont think that they'll play a major roll here.
another follow up to this idea I had a month ago
Didnt managed to get my entry before the target.
But the target itself was on point 👌👌
Lets see how it goes.
Good luck
Its time to pick a side my friendsOk so we're facing a new crossroad with COINBASE:BTCUSD now.
From what I'm seeing here, we should have another attempt up completing our 5 waves structure,
Reaching the top of the tunnel (right chart) and around the could (left chart) or even to the revered 0.618 area at max (golden rectangle),
If that's not the case. I hope to see a truncated 5th wave to the white resistance line area (both charts).
Either way, We will probably see a bearish divergence on the RSI (not on the daily chart).
and down to the white support line again.
We can also see that our last major support \ bottom happened at the big 0.168 fib area
If that support doesn't hold, we'll easily see 5k or even 4k areas again in my opinion, continuing down with the big pitchfork channel.
Just to make things clear, I'm not saying we'll go up and Im not saying we'll go down.
we need to see how things turn out as we're getting closer to the apex point.
Good luck and happy new year for you all ♥
AUDJPY Short Trade IdeaHi all, I'll be looking to short AUDJPY once it reaches my orange trend-line. I'll be using a tight SL on this one in case price breaks out of the current tunnel. TP's are shown as green trend-lines. I will also keep an eye out for a reversal especially around my 2nd TP.
Always remember to use proper risk management.
Enjoy!
AUD/USD, bearish setupAustralian dollar formed some bearish tunnel. One more bearish movement looks possible.
Fundamentally, the employment change in Australia expected to be bearish.
Simple high Risk and reward potential trade.
Sell in coming weekAfter breaking the neckline gold is going to sell for a long time. The down ward tunnel trend as well as head and shoulder on H4 as well as closing triangle gives pressure and as soon as we break tha neck we sell and eat.
Costco Long - trend tunnel low pointTaking Costco to the long side. Got to know about the downgrade from Cramer's Mad Money, so thought to do technical analysis.
Cramer suggested buy at this level and technicals are supporting partially.
I prefer to see divergence in RSI but thats not there. So taking this trade by giving more weightage to fundamentals shared by analysts as Costco is least affected by Trade war of all retailers and usually in economic slowdown Costco do well good.
MACD is crossing above red
Target price is 300
Entry price is 288
Risk:Reward is 1:2
A judgement on ADA (not a thorough idea)I wanted to remind you guys there are good signs and bad signs in the chart...
after all, I will wait a bit longer for a retest on the bottom of the tunnel...
comment and ask your question if there's anything ambiguous in my drawings...
TESLA in a tunnel As you can see Tesla has stuck in a tunnel between 295$ and 321$ since last December. Tesla is the most controversial (and exciting IMHO) stock in the last few years and it may offer a good opportunity this time. As you can see the price has reached the level at 295$ again, a level that proved very strong support for the stock in the last month. If it won't break down this level there's a good chance to the price will go up again and it'll reach the level around 320$ in the next weeks. That would mean about a 6% yield in short term. If it will be able to climb above 320$ the next serious level would be at 350$. But if the 295$ level can't hold the price this time it would break out of the tunnel and the next potential stop would be around 260$ that is a good opportunity for a short position. Anyway, Tesla is at an exciting level right now and I guess it's worth to watch it in the next days.
Uptrend with identified resistance and supportfor me it's look like making HH HL series.
you can see more sense on the chart. Feel free to ask me or teach me :)
GBPUSD: expecting wave C in wave B On the hourly chart of the instrument, after a strong bearish wave, the price, most likely, is in a corrective wave B, which should end in the subwave C. Then, there should be a continuation of the bearish zigzag in wave C.
The BITCOIN-Puzzles AND The Missing Piece - I Finally Found it!Maybe... :)
I have literally spent hours to make this chart and to figure out Bitcoin. I've spent hours to count the Elliott Waves down to the smallest sub-waves. I've spent hours talking with experts, who have more experience with Elliott Wave-theory than me. And none of us can make it work 100 % - It's one of the few times that has happened.
But It kinda make sense, when we know, that the market the last couple of weeks heavily has been manipulated compared to what we normally see. Many Top Authors in here says the same, and I also hear it from big crypto-guys on Twitter.
But now let's take a look at the 2h BTCUSD chart! First of all I want you to pay attention to the orange up trending channel we are in right now. The experienced trader can quickly see, that the price movements are pretty suspect. Sudden price movements in different directions - huge volume. A trend you very often not could count on and so on.
Hereafter I want you to take notice of my purple puzzle piece. But hey, WTF? The corrective purple wave C is in the middle of the big green candle! Yes, guys. I have decided after this heavily manipulated move from the whales (the BTC-record when it comes to volume by hour. 24 times the MA20 Volume) to place the end of Wave C in the middle of the green candle!! On the smaller time frames you can see, it just fit, but doesn't live 100 % up to our EW guidelines.
So we are now in the process of an 1-5 EW structure inside the channel. We are right now riding wave 3, but as you can see, we are almost falling out of the channel at his very moment. The bulls are fighting to keep us inside. It doesn't seem super convincing so far.. BUT!
After I spent a whole day yesterday to study down to the smallest details, how the whales operate and have manipulated the market lately, I think I have figured out their plan. To make a long story short. They will help us staying inside this channel. That's all I can tell.
When that is said. You can see, after I've used the Trend based Fibonacci Tool to determine our targets, how beautifully everything matches.
- We have a perfect 50 % retracement on EW 2
- EW3 is exactly 161,8 % of EW1
And that means, ladies and gentleman, according to Elliott Wave Theory and Fibonacci Ratio Relationship, that we can expect a 261,8 % Fibonacci Extension on Wave 5, which is equal to....
10,800 USD! <3
Before I'll wrap up! Remember we still have a lot of uncertainty with Bitcoin, so be careful when you trade, and wait for confirmation on a direction. And please avoid margin trading if you are new to trading.
I know it's more fun. It's more like gambling, it goes faster, you can win more money more quickly, and your BRAIN and REWARD SYSTEM loves it because it triggers and releases all the fun neurotransmitters like adrenaline, noradrenalin AND DOPAMIN!
But be careful, my friends :)
D4 Loves You <3
BTW. I'm really overwhelmed with all the love and support you have given me lately - thank you so much. I've got so many messages. Thanks from the bottom of my heart - and please leave a LIKE :)
USDJPY - Several Patterns Spotted!Hey guys, I can see the opportunity right here.
First of all, looks like the chart is forming a Bullish Bat Pattern. Secondly, USDJPY is currently at the descending tunnel with all resistance and support levels almost perfectly parallel confirmed. Support 2 (see the chart) confirmed with a historic resistance level formed at 10.28.2016! So it seems like if USDJPY continues the Bat Pattern forming its final downside line (which I think is limited down to 105.5 price level) then we will see a consequent bounce off of this area (105.5 - 105.8) up to 1st Target of 107.650 (Exactly where the letter "C" is located). Aroon UP is loosing its power over Aroon Down which suggest a local reversal.
Please REMEMBER that I give you my observations, you form your own opinion and trade it accordingly!
Please NEVER forget to do your own research before considering any investment. Fundamental analysis is also crucial so you have to read the news, updates and about the upcoming events related to a particular blockchain project.
Hope you will find my analysis useful! Stay safe ----> Hedge ----> Diversify ----> Be cautious! - Together we will beat the market!
