You can see the trend lines being followed. if we maintain trend upward then the Euro will be in better value to the dollar in the coming months. Maybe $1.20 = 1 EUR by March 2021
looks like an upward channel. I'm waiting for a breakout on ETH.
Switch the US dollars for savings. Brazil real will reach $.2. I have no idea what's causing it, only that the trend lines say stay in US dollars.
Either we'll break trend line and I'll close or we'll bounce upward again. Should be a low risk trade. Stop loss at 205
I'd like to see a better bouncing between 2 trend lines but I'm thinking we can have a falling wedge with a breakout to the 9.6k area. We'll see
make sure to use a stop loss. think it's a good time to buy bitcoin.
bearish divergence, targets are trend lines
I'm not seeing the strength for a breakout if we also look at btc. more likely I'm seeing a rejection around here wtih ETH and also both being to fall. Weekly trend is probably bullsih
this could possibly the trend. We could fall back to the green trendline and then bounce up to 11k. I assume.
we played off an old trendline. This appears somewhat important as it's the difference between a 5.6k March and an 8.4k March. There's a possibility to rise to $11k. I'm gonna wait and study as I've been on a losing streak, despite my decent TA.
Unlikely to break trend. Stoploss at $160, target ~$120. Possible bearish divergence forming on 4hr. Can wait for the price to drop $4 or so.
I would have said that I couldn't tell where tesla would stop rising and I still can't, but maybe I can suggest when to sell or short. Following a Renko chart, when the first, second, or third red bar occurs you can sell or short. On the second Green candle up you would have bought at 267 and still be holding. If you buy and sell based on the Renko you'll only...
I haven't branched out and looked at many other assets so I'm going to take a look into the euro as a start. It looks like it gets stuck in trends. There is currently a down channel and SRSI is overbought. I'm going to guess the price will fall back into the downward channel. Maybe a 1.05-1.08 per USD by June.
Seems I was wrong that we were going upwards but I still am waiting for rejection from support. I'm waiting for divergence or a fall of $500 to short. We might be bullish for a while though, the ichi cloud just suggests that'll turn at some point.