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EURUSD buyHello, my fellow traders hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into it.
As we can see, the price is inside Ascending Channel and its close to its Support.
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"The Two Ways I See This Party Poppin Off"I feel what most are likely feeling we are on the edge of this thing goin gang busters. Up or down? Just trust that this thing will be quite the ride. Sooo I guess what I am saying is make sure you pack your lunch. LOL
-No advice to give just thoughts that I can't shake after the last 6 years in the world of "CRYPTO"
""KEEP CALM AND MANAGE THY RISK!""
YFI UP ONLY (10R)Started accumulating YFI in this range, with bids down to $21,000.
BTC pair has reclaimed an important historical level, and currently sitting right on support.
USD pair momentum has already turned up on the 1H and 2H, and will soon also turn green on the 3H and 4H if trend continues into the larger time frames.
Avg Entry: $22,444
TP1: $43,996
TP2: $66,532 (1.618 fib)
SL: $18,000
LTC / USDT - all targets are achieved. Up trendHello dear friends - LTC coin (litecoin) is under consideration
The coin that follows bitcoin 100%
But, do not forget that this is a promising coin that can give a lot of profit.
And I expect a price reduction (correction) for this coin in the same way as bitcoin.
Of course, you can trade on the breakout of levels, because now what you don't buy is turning green and making a profit.
But for now, I am expecting a correction for the price to go up further.
Yes, this coin, I also buy for a long time, because it is an analogue (bitcoin - gold) lightcoin - silver.
But do not forget that this is a promising coin that can bring great profits.
Why is Bitcoin growing? when is the correlation? BTC/USDT After Bitcoin reached the round $ 40,000, you can see how the mood of the majority of ordinary investors is now changing in favor of Short.
Indeed, the growth is crazy and simply does not fit in the head - a vertical line up, after which a similar fall must certainly follow.
And this could be a trap! Bitcoin is growing not only because it is bought ...
There is such a concept in trading as Corner. It manifests itself as a wild unrestrained growth of an asset due to inexperienced bears closing their shorts.
🖤 When the price psychologically seems to be too high, the number of short positions from the crowd begins to grow in the market. That is, the whales immediately lend assets to inexperienced bears for Short, and then start buying Bitcoin, thereby forcing the bears to follow in the footsteps, and exiting in the footsteps is nothing more than the need to buy out Bitcoin.
As a result, the price rises due to the lack of assets in free sale to close short positions of inexperienced traders. And since the price rises, there are even more of those for whom psychologically it seems already too high - and history repeats itself ...
The same rule works here as with a double bottom, when on a downtrend the price seems to be psychologically very profitable and the crowd starts buying. You don't have to go far. Cryptocurrencies have been falling in the previous 3 years. The crowd bought with each new day, but then again and again received a new one as a gift 🕳. And so on until disappointment came and did not want to buy.
Do not forget that the capitalization of cryptocurrencies is very small compared to other assets with a capitalization of more than 10-100 trillion dollars.
I will not wang when there is a correction, and to what levels the price of bitcoin will reach.
I'm just trading.
Yesterday's drink of the long was unsuccessful and I suffered a loss of 750 points.
But we entered again after the breakdown of 37,500 and have now reached 2 targets with a total of 2,500 points.
Nobody will give you a 100% forecast of the bitcoin price - but I recommend that you now trade only from levels, add margin values, and consider all patterns (both uptrend and non-descending) Watch candlestick analysis - Observe the preferential trading system, set only trigger stop losses (stop market) and wait.
48000$ per bitcoin or again a correction - only down to $20000?Hello dear friends - well, I can congratulate many of you who look after my trading ideas, make the right decision - and make money.
So - we took almost the entire fall from 34450 to 29000
Likewise - we took the whole growth from 30400 to 39500
13 day trading - 39706 profit
- 3190 - loss.
My previous idea was blocked due to the fact that I wrote the target ones from the messenger.
So, alas, I won't do that anymore.
At this time, I expect such an outcome of events ...
Blue arrows, good buy zones, red arrow - only if the 30700 level is broken on momentum. I want to warn you right away - the higher the price, the stronger the downward impulses will be. At the moment, the margin of the price of bitcoin is $ 3800. That means that positions (short long) will be closed in such a range. So, observe the discipline of correct trading, place a stop loss - as well as observe your risk and money management. Be flexible in trading - this is cryptocurrency trading.
For now, I will wait for the right moment for a short position (if it will definitely be).
Otherwise, I will trade the level breakout.
GBP/USD SHORT!After Brexit talks get ANOTHER extension the pound rallied on the open last night pushing most of its counterparts back to key levels. In doing so with cable we have created a strong intra day trend here presenting a good SELL opportunity from this area. Expected the pair to move up and down at first and be prepared to hold. We are live in the trade and wait for the downside to fill the gap. Good Luck
Similar to Dec 11th 2017 week?If you look in history back at the candle week starting December 11th 2017. You’ll see a big engulfing candle like the one we just had. Then a retracement wick down to 0.618 Fibonacci. I have sold some XRP at 0.45. If it goes down to 0.31 I’ll be buying back in. I must pace myself. My motto is, ‘always buy low & sell high, no matter what’ God bless. Trade safe. It’s a percentage game. Increment safe wins.
ETH TESING THE LOW OF AN ACENDING CHANNEL: BULLISH SCENARIO🚀Ethereum is approaching a critical point in the ascending channel. Bouncing off this channel could result in beating the September highs of 0.04 btc.
In case you’re looking for a possible entry, wait till the bounce has been confirmed. It has to close above the 0.03 resistance line before it can continue its rise to 0.04 and beyond.
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