Looking at four hour chart on Bitcoin/USD we see over the weekend it good bounced from around the 0.618% fib level... The new Cycle of Power Indicator is showing a change from bearish to bullish conditions and the RSI coming into the overbought levels - this is shown by the change of colour of the line to grey We also have a Death Cross on a 55/100MA that has...
I see UJ is bullish It likes flag pattern, and TP is at least 100% Fibo , it is the same price around resistant line. On Friday, it is retrace, so i will watch for buy set up.
Greetings! As we start a new month of July we had a good bit of volume right after the normal markets closed late on Friday evening and as soon as the monthly futures expired, i called the 29th as a movement date and got it 100% spot on Bitcoin got pushed up to 6500 areas and settle between 6300 and 6450 during the weekend really still need to see signs of...
Seems like there is an interesting point coming up. In the end we want to know if it goes up or down soon. Just thinking about it a while will get you clear about its movement. We had 1 correction now which took multiple years & Bitcoin being way to new was the reason back then.
Greetings all as we enter Summer in the northern hemisphere we are able to identify some important SUPPLY and DEMAND zones, shown in yellow and our usual Gann fans, Fibs, wedges/triangles and our trusty RSI showing us possible paths it has been shown to me and few others every 6th of the month has been a major pivot point, so will this come on the 6th of June...
A clear break above descending trend line would indicate a potential re-test of May highs ($800) where strong resistance sits at around $600 and $700 respectively. If we fail to break descending trend line, will be looking to head towards longer term support from April lows around $380.
if resistance becomes support at 0.081, good foundation to push 0.09 by July
one of the two scenarios, i really dont want to see. actually neither, to be honest, but it looks like its gonna drop to around 7500 before we see higher highs again.
Hi my friends, here is the result for july : +2253 pips Please note that you should take these results as independant trades. Some very successfull trade (like Palladium) were very risky in terms of SL. So rather than pips, I will try to calculate results in % of account with some standard SL approach. Anyway, we had a large number of trade this month, maybe a bit...
SEASONALITY OF VIX INDEX, including nearest dated FUTURES LOWS during Low Volatility era: 2011 to Present: BUY LOW Date of Low Low to High Time Period fronm Low to High 2011 on 27.6.11 17 to 46 3 months 2012 on 20.9.12 14 to 22 3 months 2013 on 29.7.13 13 to 20 ...
As the market made lower lows, the MACD indicator made higher highs. This is very powerful bullish divergence. Circled is where the MACD crossed over to the upside, further indicating bullishness. Stops should be placed slightly below the most recent low of 429'4, which occurred on March 31. Profit targets are at the Fibonacci retracement levels. Target 1 -...