USD-BTC
ETHUSD [Daily] Looks like more pain to come....Some time ago we have been thinking worst is over but... looks like the bulls nightmare just coming back….The full faith for delayed fork….otherwise lower low here we come….
XRPUSD approaching support, potential bounce!XRPUSD is approaching its support at 0.3195 (61.8% fibonacci extension , 78.6% fibonacci retracement , horizontal overlap support) where a potential bounce might occur pushing price up to our major resistance at 0.3905 (horizontal swing high resistance, 50% fibonacci retracement ).
Stochastic (89, 5, 3) is approaching its support where we might see a bounce in price.
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XRPUSD bounced off support, potential for a further rise!XRPUSD bounced off its support at 0.3195 (61.8% fibonacci extension, 78.6% fibonacci retracement, horizontal overlap support) where a potential further rise might occur pushing price up to our major resistance at 0.3905 (horizontal swing high resistance, 50% fibonacci retracement ).
Stochastic (89, 5, 3) is bounced off its support where we might see a further rise in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ETHUSD approaching support, potential bounce!ETHUSD is approaching our first support at 115.87 (horizontal swing low support, 61.8% Fibonacci retracement, 100% Fibonacci extension) where a potential bounce might occur pushing price up to our major resistance at 141.54 (50% Fibonacci retracement).
Stochastic (55, 5, 3) is approaching support where we might see a potential bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ETHUSD reversed off resistance, potential for further drop!ETHUSD reversed off our first resistance at 166.02 (61.8% Fibonacci extension, 50% Fibonacci retracement , Horizontal overlap resistance) where a further drop might occur pushing price down to our major support at 142.85 (61.8% Fibonacci extension , 38.2% Fibonacci retracement , horizontal pullback support).
Stochastic (89, 5, 3) reversed off resistance at 92%, where we might see a further drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
XRPUSD approaching support, potential bounce!XRPUSD approaching support at 0.3424 (horizontal overlap support, 76.4% Fibonacci retracement , 100% Fibonacci extension ) where a potential bounce might occur pushing price up to our major resistance at 0.4115 (horizontal swing high resistance, 61.8% fibonacci retracement ).
Stochastic (89, 5, 3) is approaching our support where we might see a bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
LTCUSD approaching resistance, potential reversal!LTCUSD is approaching our first resistance at 40.53 (100% Fibonacci extension, 38.2% Fibonacci retracement, Horizontal overlap support) where a strong reversal might occur pushing price down to our major support at 36.31 (horizontal pullback support, 61.8% fibonacci extension , 23.6% fibonacci retracement ).
Stochastic (89, 5, 3) is also testing our resistance where we might see a corresponding reversal in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
BTCUSD - Drop to 3650 Incoming - H&SHey guys,
As we can see, volume is clearly decreasing. I've checked out any instances when deceasing volume lead to a price increase in BTC, and I could barely find any. Therefore, the chance of BTC going up in this low-volume situation, is very rare. Also, a mini-head and shoulders is forming.
However! This could end up forming a larger greater inverse head and shoulder (highlighted with blue). Sentiments are high, and the noob traders are saying, "oohh! BTC is going straight to 5000!" It will end up going to 5000, but gradually, not this week.
-
Be sure to check out my other ideas,
and remember,
Patience is paramount!
Good luck!
ETH low risk long tradeWelcome to the lab!
Over the past few days BINANCE:ETHUSDT has been consolidating over a very important support level, which is 127$ and showed a bullish movement. However BINANCE:ETHUSDT is forming a bearish inside bar which means we are pulling back to test that support again.
Also ETH is now pretty warmed up fundamentally due to hard forks which are happening 11 and 16 of January.
After ETH tests the support it will head towards 168$ which is our first take. 168 level has always historically been a very strong support, capable of a local trend reverse. So it will be a major test for bulls.
If we manage to break through 168 the next take will be 190$ which was acting as our support before the dump.
To sum up it is a low risk trade with a clear spot for a stop loss.
Entry : 130$-127$
STOP: 120$, however if you are worried that you will get stopped out and willing to take extra risk put it to 110$ bellow 2 bar false breakout.
1 take: 168$
2 take: 190$
He was the one to transform metal to gold, water to vine and charts to cash. D. Chemist
LTCUSD approaching support, potential bounce!LTCUSD is approaching our first support at 29.53 (horizontal overlap support, 50% Fibonacci retracement) where a strong bounce might occur pushing price up to our major resistance at 34.58 (horizontal swing high resistance, 100% fibonacci extension , 76.4% fibonacci retracement ).
RSI (34) is also approaching our support where we might see a corresponding bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
XRPUSD bounced off support, potential for a further rise!XRPUSD bounced off support at 0.3424 (horizontal overlap support, 76.4% Fibonacci retracement , 100% Fibonacci extension ) where a further rise might occur pushing price up to our major resistance at 0.4115 (horizontal swing high resistance, 61.8% fibonacci retracement ).
Stochastic (34, 5, 3) bounced off our support where we might see a further rise in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ETHUSD bounced off support, potential for a further rise!ETHUSD bounced off support at 117.2 (horizontal swing low support, 78.6% Fibonacci retracement , 100% Fibonacci extension ) where a further rise might occur pushing price up to our major resistance at 161.8 (horizontal swing high resistance, 61.8% fibonacci extension , 50% fibonacci retracement ).
RSI (55) bounced off our support where we might see a further rise in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Bitcoin still super bearish People are over hyping this so called IHVS, which is not even valid yet by any means , im awaiting bitcoin to form a lower low as we are in a bear market and this is the general trend, we are already down 700 from high of 4200
nice rejection off MA
NEW YEAR GIFT $5200. I Love to see this TargetThe ability to catch up to the strong bullish levels to 3.6 Fibonacci to and 4.2 fab. Must remember about risk management.
inv h&s fakeout+ crash leads to bigger inv h&s potentialbefore the latest big uptrend I said we would either have an upward target of 3850 or 4150 off the falling wedge which was fairly close....then in recent ideas I said we would likely see a fakeout on the initial inverted head and shoulder pattern and a crash downwards which has what just occurred...I think its possible we are now in a bigger inv h&s pattern that has a$200 higher upside breakout target...and if we are, the peak of the right shoulder will probably be somewhere around 3.4k I'm guessing right around the breakdown target of the current bearflag....if we continue to dip much further than that however we are likely going sub 3k to at least 2.8k and maybe even as low ass 1120 before we finally bottom/capitulate. If we do indeed validate the new bigger inverted head and shoulder pattern, there's then a slight chance the bottom is indeed in but also a chance once we reach the 5450 breakout target that we could still have our capitulation candle after that and go sub 3k....its important to anticipat all of these options in order to make the safest move. For now I think probability favors at least one more bearish breakdown from our current bearflag. Especially since on the 1 day chart(not shown here) the stoch rsi is still overextended even after the current dip.
XRPUSD reversed off resistance, potential for further drop!XRPUSD reversed off our first resistance at 0.4072 (61.8% Fibonacci extension, 23.6% Fibonacci retracement , horizontal overlap resistance) where a further drop might occur below this level pushing price down to our major support at 0.3308 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal pullback support).
Stochastic (89, 5, 3) reversed off our resistance where we might see a further drop below this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ETHUSD approaching resistance, potential reversal!ETHUSD is approaching our first resistance at 101.3 (61.8% Fibonacci extension, 38.2% Fibonacci retracement , horizontal overlap resistance) where a potential reversal might occur below this level pushing price down to our major support at 89.50 (61.8% Fibonacci extension, 61.8% Fibonacci retracement).
Stochastic (34, 5, 3) is approaching our resistance where we might see a potential reversal below this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
XRPUSD approaching support, potential bounce!XRPUSD is approaching our first support at 0.2523 (61.8% Fibonacci extension, horizontal swing low support) where a strong bounce might occur above this level pushing price to our major resistance at 0.3748 (61.8% fibonacci extension , 23.6% Fibonacci retracement , horizontal overlap resistance). Stochastic (89,5,3) is also approaching support and we might see a corresponding bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ETHUSD approaching support, potential bounce!ETHUSD is approaching our first support at 106 (100% Fibonacci extension x2, 78.6% Fibonacci retracement, horizontal swing low support) where a strong bounce might occur above this level pushing price to our major resistance at 122 (61.8% fibonacci extension , 78.6% Fibonacci retracement ). Stochastic (55,5,3) is approaching our support and we might see a corresponding rise in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
