Eth 15m Push to $225Ethereum on the 15m chart is currently tickling a nice strong trend line, now's a good time for a long order! It looks like there's some minor resistance at $214 and $218 but not enough to keep it from hitting $225. On from there would be $240, then who knows!?
If that trend line were to be broken we'd experience a fall all the way down to the low $190's - so keep your eyes peeled, a deflection off the trend line, price goes to $225. A Close below trend line, down to $190.
Up!
Where is BTC Going After that Surge?Hey all - That was quite a dramatic last few days, luckily we had Long positions both on our Daily Tipster and Intra-Day Scalper! Plenty of green for us with Bitcoin, Ethereum, Litecoin and ETC! (We missed DASH - but it hasn't gained as much anyway!)
So let's look at the King of Crypto, Bitcoin, where's it heading now? Carry on up to $9800, $10,400? Or back down to $8000 as if nothing has happened! Is this the start of the Bull Run we've been waiting for? Or simply reverting to mean after the big drop experienced at the start of March? The gains could also be an Organized FOMO Rally by big players, tempting smaller traders in using the Halving as a catalyst/panacea to their trading needs; only to wipe them out with a big drop due to over-extension and not enough genuine support.
Who knows? We can all speculate about where the price is heading next, we still believe we're on for $11-12,000 by the halving in early-mid May, and given what's happened in the last 48 hours - we're getting closer!
From here, we can see the price of BTC tickling $9,000 for a good few hours, maybe even a day or so. From there we'll be looking at a quick rise to $9800 - or a sharp fall to $8200. We're just not sure... what do you think?
Good Luck & Happy Trading
-theCrypster
#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 :)
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.
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!