Price action will most likely break out of the wedge towards $152 initially and then we will see if it continues the recovery or falls back (not likely). Anyway, discipline, strategy, risk management and no emotions is the key to a successful trade. Good luck!
Good to go for a medium to long term trade. Set SL @ 149 TP1@ 152.6 TP2@155.2
I hate the word, "Hold/Hodl" but today I'm gonna have to use it. Buy ETC and hold it till March 5 at least even if you hate its f*cking guts! Should you hate ETC? Absolutely not. It's 27 times smaller than Ethereum compared to BCH being only 7 times smaller than BTC. So, it's massively underpriced. ETC is the original Ethereum and ETH is the hardfork. So, ETC has...
Beautiful reversal on this one. Start buying. Momentum building up. Good day!
This has got to be one of the best trades in a long time. Perfectly bounced off the support. SL@147.8 TP@ 156. You miss that, you're going to regret it badly.
GBPJPY is massively oversold. We expect it to breakout of the wedge and start heading upwards and show some respect for the better than expected CPI news out of Britain today. I think this it is still lingering around because we have the CPI announcements for US tomorrow and that will determine the direction of $USDJPY. However, I think the worst case scenario...
$15 Billion worth of shorts by hedgefunds to let $GBPUSD and $USDJPY follow the charts and gain against the Japanese Yen. SL @ 106.8 TP@ 111.
Headed down. Things looking solid on all time frames. Just be careful with your stop losses. Be patient. Don't panic. Let the chart play the game. Set SL @ 151 TP @ 148.7 Goodluck! ~The key to successful trading is more discipline and patience and a lot less emotions.
These kind of opportunities don't come too often. Short the hell out of it till $148.67. Set stop loss at $151.45
Ripple is making moves of its own. Sorry I didn't have the time to draw Elliot waves. Gotta open some more buy positions, this thing is flying.
Good ol' higher highs and higher lows. Things look equally good on 4H and 1D Chart. Set TP@ 0.9478 and SL@ 0.9347
We'll have to wait and watch but I've tried to sketch some solid trend lines as part of a bigger picture. Let's see how it goes. If you're already in, hold. If you haven't bought, wait. If you're short selling, take your profit and wait for an entry point. Things could get a little fishy but I think the bottom is near. A lot of orders piling up around the $7000...
As you can see on this 4H chart, BTC is doing what it did in the past. A recovery attempt, followed by a fail and then a proper recovery back to the top of the channel. This is a good time to enter buy positions. I expect next week to be green. I don't know when and if we will get out of this bearish channel anytime soon but for right now, the odds of it heading...
As you can see, it beautifully bounced back and is now headed up. This is certainly not the end of the bearish trend and there is a lot of negative sentiment in the market but this is a good time to buy for short to medium term gains.
BTC is headed straight to $11k to say the least. We don't know if it is out of the long term bear market yet but things are looking good for now so we're riding this bad boy to $11k. More updates from there. As for now, we're all in on this trade because there is no serious resistance and the volume is starting to build up. Alright, trade safe guys.
BTC made a beautiful bounce and is now headed up towards $13k. Watch out for critical levels on the chart. Remember, we still don't know if this is the end but for now, why not ride it up to $13k? If it starts falling from there, we sell again and buy later. Rinse and repeat. This kind of stuff is a daytrader's dream. Who wants to hold when you can ride it up and down?
Clear uptrend. It's a safe buy with good risk/reward. You can set your SL at 1.319 and TP at 1.34.