*BEWARE* WYCKOFF DISTRIBUTION IN FULL EFFECTThis looks like a classic short based on Richard Wyckoff Distribution Schematic. Twitter and everyone is so bullish and Fomo'ing. Funding pays shorts. Long to Short Ratio favors Shorts. Maybe some more up but looks like the big picture shows a massive dump coming in the near future... Beware and trade smart!
USD-BTC
Support is being respected, triangle is stretching. BTC is resisting at the current green line support, which tells me it will be heading up slowly until it breaks the big old red resistance line from the 20k.
Good news are coming out and the fear of another bearish move is decreasing, so on my view there will be a slow move to the upside in between that triangle.
Leave your feedback, and have a good one.
Don't miss the great buy opportunity in NEOUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (9.59874). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. NEOUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.
Take Profits:
TP1= @ 12.55810
TP2= @ 14.50133
TP3= @ 16.87258
TP4= @ 20.61120
TP5= @ 24.30101
SL= Break below S2
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BTC Possible Bull RunPatiently allowing Price to react to hitting its support mark or waiting to find a breakout of its minor descend trend line potentially putting us in a great RR opportunity for this pair. The most logical entry would be close to our Entry Speculation Region instead of gambling our capitol.
HOT due for a sped pumpAccumulation for weeks, broken the down trend and testing resistance. I think we pump, a lot. Many alt coins have rallied ovee the last few weeks. Hot hasn;t done shit if you looking for that quick 50% you might have found your match
GBP/CAD Downside Move Potential by ThinkingAntsOk🔸 4H CHART EXPLANATION:
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🔸 Price has been moving on a range for a while.
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🔸 Now, it is breaking the Support Zone.
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🔸 It has potential to make a downside move towards the Ascending Trendline.
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🔸 Will look for a lower timeframe bearish setup.
🔸 DAILY CHART ANALYSIS:
AUD/JPY Corrective Move Finished by ThinkingAntsOk🔸 DAILY CHART EXPLANATION:
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🔸 Price made a Strong Downside Move since the beggining of the year, which has been corrected for the last weeks.
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🔸 Now, it is facing the confluence zone between the Descending Trendline and the Resistance Zone.
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🔸 We consider there is Bearish Potential from here.
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🔸 Will look for a lower timeframe bearish setup.
🔸4H CHART ANALYSIS:
BTC PullBack Through The HalvingIm expecting to begin a pullback sunday may 10 with a 75 % accuracy, probably earlier (25 %). My targets are shown as Red Lines called "Areas of Support". The first is near 8000 USD and the second is near 7200. I give a 80 % to hit the first target and 20 % to the second target. Let's see what BTC brings to us.
✌🏻Two bitcoin scripts✌🏻❤HELLO HELLO HELLO❤
❣Now everyone is most interested in Bitcoin.❣
🤷🏻♀️For me, this situation is ambiguous.🤷🏻♀️
📌I’ll be honest with you, I don’t see one scenario for Bitcoin.📌
📊On the chart you can see two possible scenarios for the near future.✌🏻 Oh no🙅🏻♀️, there is still a third🤩 it can go sideways on the weekend 😝
💥Guys, we are waiting for the movement, that will be when BTC leaving the triangle. 💥
👆🏻Levels you can find on the chart.🚀
We'll stay in touch🔥
See you later❤
Your rocket bomb🚀💣
XRP: Breakout? BuyBITSTAMP:XRPUSD : BUY
Thesis: Will banks be able to distribute relief funds?
Analysis Method: Fibonacci & Wave Theory
Wave Count: Minor Wave 3
Target Area: $.26-.$31
About XRP: ripple.com
XRP is an independent digital asset that is native to the XRP Ledger. With governance and fast transaction confirmations, XRP is said to be the most efficient settlement option for financial institutions and liquidity providers seeking global reach, accessibility, and fast settlement finality for interbank flows.
According to Ripple, those who use the digital asset XRP to source liquidity can reportedly do so in seconds. The team at Ripple hopes to enable the world to move value like it already moves information on the web today.
Website: ripple.com
Rank: 3
Market Cap: 8 Billion
Minute Wave: Leading Diagonal
Minor Wave 3 Target Area:
Minor Wave 3 Time-frame: 11 Days
Will update.
FMW
✨ BITCOIN/DOLLAR - IN 30 MIN CHART ✨📢Hi, guys!📢
🎬A lot of people trying to make money on the 15-30 minute movement of bitcoin.🎬
💡For these people, we look at the 30 minute Bitcoin chart💡, and of course for muh111❤
🧲Neverless, we expect the prices rise to 8 thousand with a slight price fluctuation in the range of 7500 - 7300.🧲
⁉What will happen with bitcoin next, it will be interesting to observe!💥
🍀Stay with me🍀
🔆Subscribe, not to get lost🔆
🤗🤗🤗Put me like, to make me happy.
Your Rocket Bomb🚀💣