Hello fellow traders,
Orca looks like is in accumulation zone! Very low from lower band of vwap since the start of the year.
MACD still negative, however i think is good to start DCA on this coin as long with many others!
Target - lower band of vwap!
Take care
It seems like ETH is overbought and needs correction. The possible target for short is $500. Fundament analysis is still bullish, so be careful. The US and EU are still printing money. This could cause even higher prices on ETH, but it will be temporary.
This is a trading idea created for the date: 28/5/2020
and is valid until 24:00 GMT+1
Symbol: LTC/USD
Time Frame: 4 Hr.
Expected duration of position when open: 4 Hr . up to 29/5/2020 24:00
Trade idea is: double resistance break out making it probable for a upward move towards 47.50
Go LONG if Price goes thru (above) 44.75
Position your T/P @ 46.60
Position S/L...
This is a trading idea created for the date: 28/5/2020
and is valid until 24:00 GMT+1
Symbol: XBT/USD
Time Frame: 4 Hr. bars
Expected duration of position when open: 4 Hr. up to 29/5/2020 24:00
Trade idea is: Channel congestion low side break out making it probable for a downward move towards 8500.00
Go SHORT if Price goes thru (below) 9090.00
Position your...
Earlier this morning at 06:00 EDT, KRAKEN:XMRXBT bounced off of a flat support line at around 0.00702 XBT driven by a quick reduction in the bitcoin/fiat exchange rate. While the exchange rate of bitcoin to fiat is declining presently, the upcoming halving is still around eight days away (as of this current moment). As such, it is reasonable to expect that...
Volume analysis showing big distribution between 1.09 - 1.14. And if we take into account the forecasts for other cryptocurrencies, we can confidently talk about reaching 1.3067 in the near future. I am not a fan of fundamental analysis, so I don’t write large empty texts)
Levels thanks to X-Lines indicator.
KRAKEN ERROR OR SCAM ON STOP-LOSS ADVANCED ORDER CLOSING SHORTS
Short opened here at market price, 7335.7€
Condition close stop loss at 7450 €
As soon as I opened, Kraken closed it IMMEDIATELY buying at 7826.2 € !!!
Stop-Loss closed at 7826 when I had set 7450 and when market place was at 7335€
Mistake or Scam by Kraken????
This is NOT investment advice - just my personal opinion based on BTC's latest movements. I could be totally wrong. DYOR.
On the 45 minute chart, we see a clear descending triangle, in which BTC is moving. I believe BTC will soon break out of this triangle and head towards 9000, where it will bounce. I don't expect a bounce above the bottom of the triangle, as...
This is not financial advice - just my personal opinion on BTC's movements and where it might go in the short-term.
BTC continues on a downward trend, as expected. It's traveling within a clear channel. I believe we are currently on the 3rd wave of the C pattern. If a 1:1 extension is achieved, we will hit wave 4 and bounce up slightly at @ 8800.
Because I'm...
On February 7 we started to break indecision which lasted from the end of January. Now its finally confirmed that Bitcoin price will rise, at least for some time from now. RSI is still low around 60 on higher timeframes above H4. Uptrend is confirmed by quick breaking resistance levels which are subsequently confirmed from the upper side and price climbs by this...
