Up!
GBPUSD longThe price has almost reached the support line.
I expect her to grow from her to the resistance line 1.256
USDCAD UP UP UPThe price has broken through the resistance line
and is now moving up to the resistance level.
NZDUSD down and upYesterday the price reached the resistance line,
now I expect it to return again to the support line and again up
#Bitcoin Final Ascending TriangleI knew we were inside an ascending triangle but smaller timeframe moves are really full of wicks
finally went on daily TF to chart this & picture can't be more clear
What do you think will it break up or down? leave a comment ;)
either we break up from here or down, wait for the retest before entering just how we did for ETH -
waiting for a retest is hard when price is moving & you miss on the initial gains, but that is the safest bet!
if you are a risk-taker then you can enter a short here but your so will be above 7500
I see possible double top here as well, no diversion on charts yet
I will keep updating timeline with possible trade
you can also use Leverage on Bitmex - FTX or bybit to multiply your profits but remember Leverage Trading is HIGH RISK So is Crypto trading & that's why I am legally obliged to say
#DYOR
remember I am not a financial advisor & this are all just my thoughts :)
make sure to leave a comment & if you agree then hit that thumbs up
Do not forget to check out other ideas & do share it with your friends :)
UP USDJPYThe price goes perfectly along two lines.
On the chart we can see that at the moment the price is on the lower support line.
Consequently, I expect growth to the resistance line.
Move Move Moveover all Bullish .
i have an impression this is a stock that can go up high and could have a lot of ups and downs.
:D :D :D
Bitcoin --State of Things On the 4-hour time frame, bitcoin is getting squeezed between the 21 day ema and the 200 ma. On the hourly time frame, a pattern which looks to be a symmetrical triangle has formed. If bitcoin could break through the four-hour 200 ma, that would set up a potential golden-cross.
On the larger time frames, bitcoin is in an ascending channel, ranging for now.
More bearishly, price could be forming a bear-flag pattern on the weekly. I'll keep you updated on that and speak more about the long-term-outlook soon.
BTC_NEO_DASH_ LTC- Look at the identity of the chartsLook at the identity of the charts and buy in retest
the exit from the triangle will not be afraid, but to enter the deal!
Friends, thanks for your likes and comments!
Good luck with trading!
USDSGD LONG POSSIBLY AT A BOUNCE POINT
WE MAY FOUND SOME SUPPORT
SELLING THIS PAIR IS ALSO THE OPTION AS IF OUR ENTRY TO GO LONG FAILS TO SUPPORT WE WILL HAVE A CHANCE TO SHORT THIS PAIR TO THE NEXT LEVEL OF SUPPORT BEFORE TAKING THIS PAIR TO THE UPSIDE
THIS IS AN EITHER OR SITUATION WE CAN EITHER SELL THIS PAIR IF OUR ENTRY FAILS OR WE CAN EITHER BUY THIS PAIR AFTER OUR MARKET GIVES US CONFIRMATION THAT OUR SUPPORT LEVEL ENTRY ONE IS IDENTIFIED
Dead cat, sleeping bearArticle title: "Dow Jones Futures Jump After Coronavirus Stock Market Sell-Off Continues; Disney, Salesforce, Virgin Galactic, Insulet Move On News"
Excerpt: Dow Jones futures rose 0.8% vs. fair value. S&P 500 futures climbed 0.8%. Nasdaq 100 futures popped 0.9%. Dow Jones futures have been volatile.
How a +1% from the low of the new daily looks:
I'd love to be an author for these types of articles.
Anyway, I'm interested in this insane gap retrace and how to hedge against it. For tech, going long on TSM makes sense as its one of the top producers for Apple and AMD. It makes double sense because the current U.S. presidential administration has talks of banning their chips because of spies. Very cold war esque way of getting stocks on the low.
This is with the intention of holding AMD put options and looking for an entry into TSM or XLK with a longer expiry.
The other easy option is to go into a stable currency. Fumbamentally, gold as a store of value is a farce since it broke its 'always go up' trend a few years back and now the supply is majority owned by the U.S. government. It's the Dollar Gold. What could happen:
1) Market recovers tomorrow and gold is dumped back to the mines because it costs to secure it.
2) Market doesn't and, in your moment of despair, have to sell your gold at a low to be able to eat.
3) Gold hoarding and debt growth was actually a secret tactic by the U.S. to destabilize currencies and make gold the new money. Possibly dragon origin.
Daily DJI futures hit oversold on VZO, should be alright:
I think Uj just touched the bottom and is heading upI drew trend lines connecting a LARGER overall Uptrend, then it broke out to the upside so I thought it was over. BUT It just came back down in and touched that spot like it never left that channel at all. Touched and now is heading up so it looked impresive, Like you could buy it for days. But I'm kinda new so check it out yourself. Happy ZEN Trading!
12.2.2020 - Enigma (ENG / BTC)Hi Traders!
In the last two analyzes, we have focused on bitcoin and so far have been wonderful! Today is the time for a smaller altcoin.
As a potential profitable candidate, we choose Enigma today. On the chart, we can see 3 basic cycles on the market. The bull market, bear market and sideway movement. At the moment, ENG creates bigger highs and bigger lows and has 2 very strong resistances on its way:
1. Trendline
2. MA200 on the daily chart
If we cannot break through these resistances, it will not look well at all and support may not help. We have been trading a lot in similar situations in the last few weeks and have mostly gone up. This should be a similar example.
However, the market must be seen as a whole and bitcoin is slowly approaching our target. At the same time, its dominance is declining, which must also be taken into account.
However, Enigma is a beautiful example of an altcoin that has a very nice chart and a breakout should come soon. It's one of the cryptocurrencies that is currently worth watching.
May the crypto be with you!
Down, down and upMy vision
The next months decline in around 7-8.2K (resistance + BITSTAMP:BTCUSD fib) then the possibility of growth for new ATH
