#XTZ - waiting for breakrn price is in the middle of ascending triangle, waiting on either side to give in, either break resistance or break support
Up
I see you This is a swing channel that I have been paying attention to ever since we began our long trek back up the covid climb.
I'm posting about it now due to the terrible time BTC is having at getting over the hump of that descending resistance right from 2019's bullrun high.
When this line breaks (tie goes to the bears, every time.) I think we will slide pretty quickly into this range.
Cheers
NZDUSD correction and upwithout a slight correction, and here it will not do. However, the goal is also a resistance line.
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
AUDUSD a little patienceThe price showed a good increase. And it seems that her goal is a line of resistance. However, there is a small level of 0.675 where the price may go down. But then she will come to the resistance line.
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
Long trade set up for BTCWaiting for retest off untested gained support.
Stop at 10117
take profit at 10205/10220
Trade Save!
#Banknifty - Relief soon Looking at the charts we are trading inside a descending triangle, after the dump, we had this could also be a continuation to lower levels but i see a relief rally coming soon in markets. a final pump before another major crash.
one more thing noting here is this possible H&S in the making, there is a low chance of this working out as we are at the BOTTOM not the top still unless we break the red resistance line this will be valid
GOLD push from the support lineInside a strong channel. We have a good support line. From it, the price will go up to the resistance line.
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
#ETH - Really Bullish! bounced at triangle support, good zone to accumulate, as expecting a drop in BTC, alts should perform well
NEW UP LEG TO START THE CYCLE LOW DUE 3/21 AND 4/2 CAME IN RIGHT ON TIME THE NEXT CYCLE LOW WAS DUE 5/10 TO 5/23 I SEE IT ENDING NOW WE SHOULD NOW START ANOTHER 5 WAVES UP TO .618 TO 786 AND EVEN A SLIGHT NEW HIGH COULD BE SEEN FOR WAVE B WITHIN THE FORECAST DEC 23/2019 THAT THE EVERY LARGE SUPER CYCLE 4TH WAVE TRIANGLE WHICH WOULD END OCT 2021 AT THE LATEST AND IF EARLY WOULD BE OCT 10 TO JAN 10
#Bitcoin CypherBitcoin is forming a Bullish cypher pattern, i am currently long will look to short in 9700-9800 ranges
WORK / SLACK UP? or Down? im hoping its going up - I failed to make a trade after it falled today, but I really think the technicals look like a keeper, Id like to exchange ideas... I think this one has been and will continue to be slow, so maybe it will go up mid next week... Whats your thoughts
AUDUSD upWe see a good channel. And now the price is below this channel, I am waiting for its growth to the resistance line.
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
PULLBACK ENDING IN WAVE B LOOK FOR MUCH HIGHER TARGETS THE LOW INTO THE PANIC WAS A PERFECT.382 FROM THE LOW IN THE NYSE DEC 1974 WAVE 2 OF FIVE AND NOT WAVE 4 . I WILL POST DETAILS ABOVE 13000 BY JULY AUG
BSV. Becareful of breakouts. Watch out!Hello friends,
I hope you're all well. I've been thinking of making SWOT and technical analysis videos for crypto and stocks. I really enjoy the fundamental analysis part, it's the wetstone used for sharpinng a dull knife(Decision), the technical part is the polishing of the knife(precision).
Okay so, Bsv is pushing up slowly, and Btc is fluctuating around $10,000.
Today I wanted to mention something that is against popular belief. In my chart it says, 'Don't buy breakouts(b/o) or resistance', it's means never buy when it's up. There is absolutely no benefit at buying at breakouts or before the resistance, because my question is, if I thought Bsv was going to go UP, why didn't I buy it at a lower price? If I bought it during Aprils lows, that low entry trade would reduced my risk of it going lower, because Bsv was already oversold. When I was a new trader, I was always taught by 'Gurus' to buy at B/O, everytime I did, it reversed against me, it would go back down. Breakouts are so risky and it reduces your profit margin. Lets assume we bough at #1 instead, having a long position there, that entry level would reduce our risk because it's near the bottom, and it would increase our profit margin because it's so far from resistance @ #2. This is the knowledge behind the golden rule 'buy low, sell high'. I feel so childish to had kept buying at upward B/Os. If I think Bsv is going up(Fundamental research kicks in), I'll buy Bsv in the dip. I never get in at the top no matter what, cause that reversal is a bigggg risk, and profit margin has been reduced.
Other than that, there isn't much going on besides increased Bsv utility usage, and Btc halving is in a couple of days. I think Bsv may do a fake B/O to the top then drop. My emotions are under control, I only buy dips and sell rallies, and I always average dollar cost or sell, so I get the lowest or highest average rate )). This my style and I haven't had a losing trade for a while.
If you want more information, you can always ask me, I'm okay with it.
I hope some of you found this information valuable, I would assume many of you probably already knew it.
Please like, share and follow. It means a lot to me. I'll keep you posted if the stocks or crypto make any drastic moves.
Have a good one. ))
USDCAD UPAfter the price has broken through the level, a channel has formed where the price is now near the support level. Waiting for her departure to the resistance line.
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
EURUSD up the big channelWe see a good channel. The trend is falling. I expect that the price will reach the resistance line - the lower level of the channel. And then there will be a rise to the upper line of the channel - a strong support line.
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
BTC 15m Looking Bullish againBTCUSD on a 15m chart started looking Bullish a few bars ago, and now it's broken out of a previous low trading range, it's looking good for $9000 in the next dozen bars or so.
A good indicator on our Crypto Scalper suggests a Long entry around $8750 - should get matched before the pre-halving rise back up to above $9000 - and onwards from there!
Good Luck & Happy Trading
-theCrypster
BTCUSD, 60 - Where's it Going?This has to be a quick update as I think the price is IMMINENTLY about to explode, one way or the other. We've got an almost perfectly symmetrical triangle formed on the 1h chart after the big run-up the other day.
This generally means confusion and un-certainty within the market and analysts can struggle at this point to know which way the move is going! It will break out, it will break out very soon. Up or Down is anyone's guess!
If we had to call it - we'd go Long at this point, based on two factors, the fact that the recent general trend is Bullish, and with the halving approaching quickly many people are going to be jumping on the Bitcoin wagon! Simple supply/Demand!
Good Luck & Happy Trading!
-theCrypster
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.
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
