The arc and diagonal upward line have become a magnet for bitcoin. Major decision is ahead: Break hard below the wall or enjoy a big bounce. Get your popcorn.
Hopefully the charts explain the idea. The previous bull run found support on the log scale .5 fib retracement. Now we are approaching the log scale .5 fib level of the bottom retracement. IMO this is a make it or break it level and may determine the trend in which BTC follows for the remainder of the year. Bullish idea is a large ascending triangle being built,...
Update from my previous posts following BTC path through this consolidation period: - the most likely zone that the markov transition states pointed to has been the exact area where this has traded - BTCUSD now needs to decide on the next state - the yellow shaded rectangle is the most probable where this will trade from here - has 2 previous resistance...
IT's TIME GUYS BTC is going to make a big decision very soon LOOK at the chart and tell me what you guys are thinking I WELCOME everyone Give me your thought
Key Findings: Dow Jones is a short-term buy. Bigger Picture is right at decision point. After a wild ride of January melt-down in techs, a very volatile FED FOMC Meeting and a retrace since then we are now meeting decision point for stocks. Market stopped with friday close right at significant price levels, a breakdown here would print us top formations and very...
First of all, Happy new year to you all. Weather you are trader, investor or you just like to be here, i wish you all successful year (even though stock market will collapse in 2022 haha) good health and loving things. Now to the BTC. As far as my last idea goes for BTC i still think we will form a new bottom eventually, but before we do btc still has to decide...
Hello Traders, USDJPY ready to retrace back for creating an opportunity to seek new highs before Bank of Japan's interest rate decision. 4H chart formed a H&S pattern and the target is 112-112.30 area. I am going to watch the triangle trendline to be broken down and open my position regarding to that. Trade safe and stay safe! Likes and comments are...
Telcoin possibly approaching a decisive movement! Green bullish outlook: Push out of descending channel, successful retest off upper descending channel line, push past $0.02 then retest to confirm price breakout at the support zone (purple box), followed by a strong push to $0.03 (green dotted line) Yellow corrective outlook: Falling out of the support zone...
Could go either way. I'm playing the upside. The drop overnight at 7am seems like market manipulation to kill Call Options and Stop Losses *NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*
While the interwoven diamond pattern is a strong bearish signal, it does not actually provide strong guidance as to the very local direction of the next miny-swing in the DJI. It seems that we will either test that upper trendline once more (as would be consistent with the past year of whipsaws), or, we do not. I have a strange feeling it will not and the red...
Disclaimer: These are not trading signals. Trade at your own risk!
NZDCAD compared to nzdchf pair (linked below) and is correlated with slower move at the moment. This currency pair need some more proves before any trade entrace. It has potential upside and downise move. If upside move will continue higher, then our target should be at 0.90744 resistance level. If price will continue higher then momentum and volume from bullish...
Bitcoin is approaching some diagonal resistance. It is so far obeying the curve as shown in the chart. If it holds as resistance, we should see a spring up due to the consolidation pressure over the last couple weeks. If this doesn't hold, there are two other paths. Choose wisely.
WEEKLY: It is decision time for TRX...either break up from the wedge or go back for a retest of the 1000 area or even a lower low. -MACD had a bullish cross -RSI also seems to have tested a significant level of interest -10WMA preparing to cross 20WMA -we had a price increase on volume going down which is bearish Tools EMA's 8/13/21/55 (scalp) MA's...
Hello Lads and Ladies, Toady we will be taking a look at the XBTUSD chart especially suited for our Bitmex friends. As we have see the ETF hype and pump, we have now experienced a very hard retracement of almost 1600$ from the very top. Looking at XBTUSD right now, we are still on the short term downtrend from the last pump/hype. This retracement is still...
It has been a while since I have posted! I was having a quick look at NEO, and see that it is approaching a support level. Neo has not been at this point since the 18th of Dec 2017, price has not been here for a long time. Neo hasn't performed well this year so far. If NEO breaks this level of support we could see up to a 44% drop to the next level of support of...
The one thing I love about NEO, is that it tends to respect, TA. Its a great project with all its benefits, gas and upcoming airdrops - one this week! (Name Service - airdrop - snapshot June 27) Price has not been this low since Jan 5th 2018! It's had a strong downtrend since the start of May. Broke through a support level on the 10th of June and has now been...
BTC has been respecting this green trend line for a while now. If we break under this and close a daily candle below it, I will be entering savage bear mode. I am in a long (leveraged) position from 7190 as we speak, I could have closed around 7290 but I decided to hold to see if we bounce higher. It's up to new buyers at this point. Hopefully some new skin comes...