I am not one to ignore extremes. I have never been interested in the "number of touches". This mindset has helped me with creating slightly more conservative plays that bear less risk and I often question the motives of those who draw trendlines and channels while adjusting them to suit their analyses (in a sense, to make them more "right").
I have had a few ask...
The range at the top then turned in to a down trend. The price then went in to a short-term correction before it then dropped rapidly. However, it then met resistance at 90 which was the continuation of the previous downtrend and key support at a level in the past. This has now formed a new short-term uptrend which i believe is a sign of a reversal of the...
Potential bull flag looks like it could complete the formation of an inverse head and shoulders, both indicating bullish price action. Although this can indicate bullish price action BTC/USD would have to drop to around the low 7k range to make these formations valid and before expecting price action to break to the upside.
Here I see AUD gaining strength over USD but first a pull back to 4 hour support. AUD has reached the highest resistance level of 2020 and I believe the growth will continue as Australia returns to normal and the aus200 index making a healthy recovery since the start of coronavirus, while fears of second wave striking America could hold down value in USD a little...
My first idea. I’m by no means an expert at this... constantly learning and I’m absolutely loving it. So please feel free to give feedback if you see fit! If you decide to invest based on this idea, do so at your own risk!
As you can see from my analysis, Facebook has been in a strong uptrend for a couple of months now, however I feel this is coming to an end....
If BTC can hold off the 9k retest coming soon, it will continue to climb up to around 10000 - 10200 before the next dump.
The purple line is the rough upward trend we have been in since march. The peaks will be either at the purple line or the drop zone, before dipping to either purple line or bounce zone, depending on where it peaked.
Over all i think its a...
Currently we are ranging in a channel and as long as we are at the top of the range our bias remains short. Also we recently hit the top of the channel and we seem to have dropped from that area.
Price action has entered an uptrend.
The long term moving average has also made a strong reversal in an upward direction.
Can expect to see a rise till at least the large month supply zone before any major support of resistance (depending on fundamental analysis)
This is an analysis based on S/D as well as S/R
Zcoin is around a monthly pivot and could jump to the next target. However, the 14 MA breakout is required for safe trading. If you wish to take this trade, it is your responsibility to do more research on the matter.
Dear currency status (snt) is close to the price of ico, it is certainly not great, but we checked it is not bad.
I take some pineapple from it (finally 3-1% of the balance, because there are other tools that we may take and I don't want the total of all of them to be higher than 2-6% of the balance)
If the market spills and goes to the floor, I will take it from...
Looking at the historical data it looks clear to me that EURUSD is at a pivot point in history and ready to go more on the upside for next 1-10 years.
I have made this Trading Idea to keep track of it. Let me know what you think
