UnknownUnicorn503283
I've been bearish on bitcoin since the price fluctuations around 10k price region without shorting. One of my biggest reason why I'm bearish on BTC is because I believe it's price growth is a huge bubble. I believe that most speculations revolve around owning a so-called "anti-bank" asset and dreams of rich. The ideology and hype behind Bitcoin is strong but I do...
I'm willing to take long positions on this on the smaller time frame trades. If the trend lines break, I will reconsider my strategy. Any comments on technical views or fundamentals are welcome in the comments. Thank you.
Please do not trade this without your own TA. I hope that this can help with target pricing :> Forecast is made using simple S/R and measures. I have yet to explore the possible downside of this , so I will confess that this is very bias.
Short where you want, long where you like to. Last down move could be coming. Shorts may work out. However, if you've followed my previous chart which had shown all the possible role reversing level ( Resistance into support ) We've just touched the line and going back up again. I've known some traders bought in at the 1000s Level and you might want to hold even...
Hello! This is just a general idea to long SGD/USD please use your own entry and exit system.
Hope that this will help decision making. All TAs and FAs welcomed in the comments as always. My previous 5 month old noob EW wave count was aiming for 900 USD region and then changed to 800 USD. CHEERS !
Trade within the formation ?? Trade breakout that will come in years ????
Not taking this formation as a rising wedge due to the volume. Volume does not appear as if it is trending downwards. Also , rising wedge rarely exceeds 3 or 4 months long. Please do not trade this chart :> and as always , all kinds of TAs and FAs are welcomed in the comments . I would also like to point out that I am not confident with the measure for the...
Short term target 0.023 region. Longer term target 0.027 region and beyond/ Also note that 200MA on 1D has crossed upwards. See below for 4H chart.
Please use your own entry and exit system :) As always all kinds of TAs and FAs welcomed in the comments.
Not taking this trade myself. But I will see if it is a high probability trade
Wait for entry signals. I use EMAs and Ichimoku. Also wait for the break out to happen and use the measure rule to obtain your profit target. Please comment freely on any type of analysis.
So I decided to close my longs at 710 instead of 720. I can also see why this is going down now. Still ..... long term bull prospect. Check below for pennant formation 4H.
Lets see how accurate this can be lol!