The best entry point to BUY = Medium term
I expect a drop of about 7000 dollars for 1 Bitcoin. I can not say exactly when this will happen, maybe the price will fall right away, but maybe first it will reach $ 19,000 / In general, we look and wait, it's better to place limit orders or wait for the impulse to go down.
In addition, a little later, at...
If everything worked perfectly in cycles, it could be slow on BTC until 2020 with only small spikes in between now and then. This is just a cycle copy from what happened in 2013. But it's also likely that this cycle will be shorter in time as cryptos have picked up the pace in recent years.
By looking at the M TF i can see that the sentiment is indicating that this market is overbought, nevertheless i can also see on the 8 TF that LH and LL are being formed which suggests that this market has a chance of going lower. My target for this trade would be 76.000 to the next support area.
Sentiment by MTMS: Bullish on Euro
The price stops at 23.6% of Fibo Retracement @ 1.670 area which is a strong Resistance become Support (RBS) area. The current had broken the resistance at 1.8280 area and believe the uptrend is still intact.
Long EURUSD on short term at the Blue Area.
Waiting for price to break 115.08 level to see a continuation of the down trend to the next weekly support, sentiment in confluence with candle stick pattern from multi time frames and new lower lows being formed on a daily with a descending triangle also forming.
Stop 115.26 (-18 pips)
TP 114.34 (+74 Pips)
To my eyes RSI being above 50 for all charts from 2h upwards makes me feel that we're building up some pretty solid 'Moonmentum' :-) The 4h chart is very strong so my thinking is that should protect us from the bears in the lower period charts.
EU had broken is previous support and currently looking at pullback/retracement.
I'm looking at position to SHORT EU both based on technical and sentiment. The Awesome Oscillator also shows convergence which means the momentum down is still real.
As we can see Metal had a steady few Bull market weeks finding resistance around 0.0032, the price dropped within the lower time frames forming a falling wedge within the secondary trend which found support at the 0.0020, this is above the last higher low on the primary trend so I will presume 0.0032+ will be seen within the next week or so to form the next higher...
Thanks to the Bullish 1hr candle, I see this pair going long. Price action has broken past 1.295 and i am incline to believe this will now turn to support and stated in the diagram.
American war uncertainty > Brexit
1.32000 TP - Nice psychology number which has seen a lot of price action recently.
Long position diagram shows when I have enter this trade and my...
Huge Bearish Trend, but market correction expected within the GBP and should see an upwards move towards TP - We have failed to get a good close below the 1.6050 level and we are expecting buyers to come back into the market. With Investors putting Brexit to the back on their mind and seeing the GBP as undervalued at the moment.
We entered this, a few hours ago...