moderngatsby

moderngatsby

What I am seeing is a descending triangle, Bitcoin is not going to go below 5K because of it's support and price action levels. When it's a descending triangle, things tend to blow up. The RSI is also becoming stronger. BUY AND HODL

moderngatsby

It has reached a high and has been making lower highs ever since. The DX is also going down, making the USD weaker, making this a sell for the week. On the monthly charts, you can see the action and the Fibonacci retracement. Here are my swing trades for the pair: USDCAD Sell Market: SL: 1.38241 TP: 1.11317 and another trade: USDCAD Sell MArket: SL:1.34 TP:...

moderngatsby

Market Open, I will place this trade: Market Buy SL: 0.73697 TP:75544 Disclosure: I am not an expert or financial advisor. These are just my ideas

moderngatsby

Last week, all of my analysis on several trades were bad. You can choose to follow this. Here is 2 things that can happen, a bearish flag is forming on weekly charts, or it will continue weekly trends and go up.

moderngatsby Updated 

Last week, NFP news came out. Bullish report for the USD, but the unemployed rate has gone up, crushing the bullish expectations. Donald Trump has also announced trade wars with China. Making the overall news bearish for the USD. Trend analysis shows that it's about time Gold will go up.

moderngatsby

USDJPY has tested it's support levels 3 times already. Making the pair seem weak. After NFP, it was going down and we are going to expect more weakness from the USD.

moderngatsby

Bitcoin has been sick since the beginning of the year. Ever since last month, more than $600 Million was quietly poured into the cryptocurrency market. Soon it will come back from it's former glory. Bitcoin has found great support at 5800 and soon to hit 7000. It is currently above a few support levels I have found. I expect it to test it and just continue...

moderngatsby

I have my trade on the charts. I'm planning to buy this and as soon as it hits 1.21, I will short it. The first shoulder and head is done. It looks like it will go up to create a second shoulder. Especially after NFP

moderngatsby

EURJPY has signs of resisting levels. It's starting to go down. It could be bearish for the rest of the week.

moderngatsby Updated 

I see that AUDCAD has been following trendlines. I have a trade that I will use in the graph. I'm using TradingView to see how it turns out

moderngatsby

Litecoin has touched the 0.23 Fibonacci line and made huge support on the weekly. The candlestick suggests it will all be Bullish from now on. Lines of the Fibonacci retracement was from before the rally and the high, we have reached the low of the trend. This will create new highs

moderngatsby

It seems to find support at 7000, it has tested the level 2 times and never went bearish. The RSI is showing higher highs and higher lows. There's a connection between the stock market and Bitcoin. It will either be bullish for a week, or bullish again until it reaches all time highs