BTCUSD cup and handle chart-pattern as seen in the chart above, the BTC is forming a cup and handle chart pattern, as soon as price breaks above 8900 and closes the daily candle there (or 2 4H candles) it will continue the flight to hit 10000 and 10800 as I mentioned here before:
as for me in in the move from the bullish engulfing candles which retested the broken trendline
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Up!
manifested of we thru creation of we EXISTING AS WE Manifested of We thru creation of We EXISTING AS We AS Is of we rise as we it is of we ... as we can clearly see upwards as we made it to being of we )
NKE in a New Range?In the trading session following the release of their Q1'20 ER on September 24, 2019, NKE closed at $90.81, finally pushing through that resistance level around $89. Although a little choppy, shares rose higher in the first half of October until Mark Parker, the 13-year CEO and 40-year employee of Nike, announced that he was stepping down on October 22, 2019. This sent NKE lower and left it hovering around that $89ish level for ~2 weeks, using this level as support.
However, since mid-November, shares have been soaring and seemingly broken through some important resistance levels. Although NKE experienced a small sell off, shares seemed to get strong support at that lower line drawn in the chart and worked its way back up to $100/share only to close just shy of that level ($99.96).
It seems that NKE has some serious room to run into the end of the year, especially considering were in the midst of the holiday season and I think we could see the shares perform very well into the start of 2020.
60-70 pips LONGHere is a GO-LONG opportunity which is starting now on EUR/USD.
I think it should take 3-4 trading days, at least, to reach that goal of 60 to 70 pips gain.
Note also the 4 Takeprofit/Resistance levels I've set in green.
You can place your take profit at one of those levels.
Don't take my words for granted, do your analysis, analyze again, then trade at your own risks.
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11.12.2019 - Stellar (XLM / BTC)Hi Traders!
Today we are betting on altcoin against Bitcoin again. In recent weeks, this is the most interesting segment of the entire market. In particular, we will look at the XLM / BTC.
Why this coin?
In the upcoming days, there could be an upward break . The graph nicely shows 5 upwards waves and then ABC correction. Moreover, the last structure resembles a falling wedge and, in addition, we are on long-term support. The only missing thing here is an impulse. We are in a zone of a highly probable hard break , that won't be missing volumes either.
The whole market is currently very difficult to predict. Bitcoin has been going sideways for two weeks. Both big and small altcoins write their own stories as well. At the moment it's very difficult to find such a nice construction that would have a chance to grow. Despite the graph looking very good, we need to break out the falling wedge.
May the crypto be with you!
13.11.2019 - Tron (TRX / USD)Hi Traders!
Tron (TRX) comes from China and we will take a closer look at it as it has a very nice chart. So we continue to analyze Chinese coins. We chose TRX deliberately because it hasn't yet performed anything and the graph indicates that this could change . NEO has already made strong growth, BNB and XLM are also keeping up nicely. This whole group of coins is Chinese coins.
Day chart
We are currently on strong support and something like a round bottom is beginning to form. We estimate it's the fourth wave. On the chart, we can again see a beautiful channel that has been broken . Thanks to Elliot's waves theory we know that the third wave always breaks the channel. It is a wave that is regularly the longest, has the highest volume and breaks resistance and trendline. This scenario suits the current situation. The chart is currently rounding up and we've seen several positive news by Justin Sun (Tron CEO) on Twitter, along with many signals from foreign groups. Globally, the chart looks really good.
Will Tron follow the growth of his Chinese colleagues? According to us, yes!
May the crypto be with you!
is XRP about to Bart its way UP? to recovery and beyondXrp had a nice trendline that lasted several weeks, but it get out of there and now is showing some signs of recovery;
could we see xrpbtc forming a bart way up to the 0.000038 and continue gaining more value?
with Swell just around the corner I think the answer is probably yes, we'll see
not financial advice, trade carefully
DOUBLE BOTTOM(GO ON DAILY TO GET A BETTER PERSPECTIVE) )Similar to NZDCHF (Makes for decent correlation) , in a case like this one pair will just work as a leading indicator where price will go , if you miss one there's another one, use it to your advantage i guess (doesn't mean you should have positions open on both , it just means double the risk not the money, you could but that's not the best idea)
evidently NZDJPY is the leading indicator here , and it in the horizontal neckline zone. and i an waiting for price to continue to the upside and might buy and T.P @ 70.594 end of this zone.
DOUBLE BOTTOM ON SUPPORT TRENDLINEminor res broken forming 2nd bottom on trend line
(GO DOWN TO 4HR TO ASSESS SITUATION AND FIND RIGHT ENTRY FOR YOURSELF)
P.A- 0.63000 for early entry ( this level is prone to getting triggered early af if price decides to be on some bs) could be a good outcome or bad , close to current price (good stops and lot size can save you )
P.A-0.63249 safe entry after res at 0.63182
(IT IS ALL SUBJECTIVE)