so my technical indicator is moving average 50 medium term,moving average 200 long term analazy trend direction and using stochastic indicator overbought and oversold area find and devegence main trend is down since 2018 apr 19 this is LL and LH LEVEL I THINKING WAIT FOR (A) level retirement and continue compare 50 ma this not strong price moment most touch 50...
Strong horizontal support present. Simple analysis. Movement upward into the horizontal range likely. This is my favourite coin and in my 'un-biased' opinion xd I believe it has huge potential. Linking my chart to my young alts comparison, shows a good view on these alts.
Here's my trading opinion du jour: Trendlines tend to break and when they do, they get ever so conveniently re-drawn by the chartist. Hey if they don't put the Art in chart then who does? I've learned a lot this past year, re: trendlines. Basically, they're a massive waste of your time. Just like most patterns. Not that they don't exist. Just that you can create...
Disclaimer: If you are primarily interested in copying other people’s trades then this is not for you. However, if you are willing to put in the work that it takes to learn how to trade for yourself then you have found the right place! Nevertheless please be advised that you can give 10 people a profitable trading strategy and only 1-2 of them will be able to...
;) ;) ;) Not Financial Advice Could be time to hit the stairs and start doing some climbing. Lets hope we head for the roof instead of the basement!
USDCAD is stretching up to a horizontal resistance zone. This zone has been retested multiple times and all time has reversed to lower lows, so there is a large profit potential in this trade. Stop Loss placed slightly above highest level previously broken through, meanwhile Take Profit is placed near the horizontal support zone, although this could drop even further.
We have broken through downtrending resistance on the short-term. We will now be attacking the horizontal resistance levels. Who knows? Good luck. *Not financial advice*
Looking pretty nice on the daily chart for XRP total market cap. White line has acted as the last resistance in late 2017 bull run. Following the pump it was support for multiple touches before we broke below. A short term break above was pushed back down but stochastic RSI looking like it has plenty of momentum to carry us through. What do you think? ...
We have 4 hour 3-drive bullish divergence currently. Green and red boxes are liquid zones. With all these targets, we have to take them level by level. Target 1 is 8500 Target 2 is 8700 Target 3 is 8900. A daily close above 8900 will create a higher high on the daily timeframe, if this happens then we will likely retest weekly horizontal resistance at 9500. A...
Probably will bounce around 7200 till 12:00-13:00 UTC. Bullish all the way.
Three scenarios for a medium term forecast for bitcoin. I personally think blue is most likely, but regardless these levels will be future s/r.
AUDJPY Fibonacci 50% Retracement of Pin Bar
Sell signal stayed true, although the 40% scam pump was a little nerve racking. Not too much to say besides weekly closes continue to be trash. Looking at other time frames for potential support or bounces. Also eyeing that MA which held the 3k crash.
buy : 74 - 75 ( 76 also good ) sl 70 Target : 5 to 30%