Last time a golden cross happened XLM went sky high. Seems like it could happen again and we're very close.
As you can see, the last time a golden cross happened lumen went sky high. Looks like another one is coming. Definitely bullish
Bitcoin cash is in play after the confirmed Golden cross on the MA's use the fibs as support levels for exits and possible re-entry if there is a lot of volume if not in already, choose your entry wisely will be a big play if breaks 1580 support cashin in on bitcoin cash, dare i say....CLASSIC!
Bitcoin cash is in play after the confirmed Golden cross on the MA's use the fibs as support levels for exits and possible re-entry if there is a lot of volume if not in already, choose your entry wisely, RSI looks like we could have a breakdown before testing resistances will be a big play if breaks 1580 support, market is strong cashin in on bitcoin cash,...
Just got a full confirmation of a golden cross on the RSI and moving averages with cross appearing below the price forming the cross Expecting a little rebound from Bitcoin to possible test on the ATH again Market Cap peaked out earlier just shy of $232bn, we could be going to a 1 Trillion MC soon as the bubble expands If MC pushes hard to over $240/50bn expect...
TRADING RULES FOR THE HOLY GRAIL RULES FOR LONG 14-period ADX is above 30 and rising Retracement down to 20-period simple moving average (SMA) Place buy order at the high of the bar that touches 20-period SMA
Touched Daily support with fib confluence. Personally i'd like to buy gold a bit lower but because we have bullish divergence and a structure on the 4h i will be closely watching for buying opportunities in this area for a nice little retracement for gold. The black boxes are target levels that i'll be aiming for. Happy holidays and all the best for the new year!
The pair completed a 0.5 retracement of the previous leg following divergence short targeting a 2.618/0.382/0.886 FiB extension.
Gold swing down is very likely, as we have seen previous rejections already for a solid candle break. Good luck
Overview: The Gold market fell during the day on Tuesday, but did found enough support below at the level of $1305 to bounce slightly. The main trend of Gold is bullish on charts and the $1300 level is looking a strong support level, at this point in time buyers are still interested in in the precious metal . The primary trend of Gold is bullish on charts. On its...
Convergence of the Delta Trend, and continuation of the downtrend seems strong. However, Bollinger Bands are outside the Keltner channel in a bullish manner. Waiting to take a short entry near the .95752 zone (indicated in chart).
Let's see if Auto Golden Ratio S&R indicator can get a useful support and resistance in this 30 minutes chart.
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WE WAIT FOR PRICE TO BREAK THE LINES
Confluences: 1/ trend 2/ 50 ema bounce 3/ doji 4/ deceleration 5/ fib play 61.8% 6/ Bullish MACD 7/ 2.145 as support Took this trade last thursday ( Sept 17 ) but again because of this pullback today, 400 pips are still on the table, 170 pips are currently in profit. I see this pair go to 2.20
As WSJ have put it Gold is supposed to be a haven amid hard times and soft money. So why, even as Greece has defaulted, the euro has sunk against the dollar, and the Chinese stock market has stumbled, has gold been sitting there like a pet rock? www.wsj.com The answer is here. The devaluation of yuan will spark even more currency devaluation ahead (including...
On USDCHF we are not at any major level, but we see some previous resistance before. We stopped on a level wich is higher then the previous swing low. If we hold this level and on smaller timeframes (15M, 5M) we get some kind of reversal signal , we can place a long position to a 0.618 ( Goldel ) retracement.