What's up everyone. Quick update for BTC. So, I'm still in my Short from above when I tracked the Rising Wedge + Bearish Butterfly, and because that position is in profits with plenty of play room, I've decided to keep the position open to absorb the capped out funding in a few hours + double-down on futures (or alternative account) to hedge into a long position...
Hello everyone, I have taken a close look at the BTC price structure and analyzed what the market is currently showing me on the BTC/USD Bitfinex 4H Candle sticks. ==================================================================== 1) RSI, Stoch RSI, Momentum indicators are all neutral smack in the middle. 2) Full wave structure of the run or as close to what I...
Hello everyone, Looking at the 4H time frame, I give you a set up which might take place in a realistic time frame. Before I begin, I want to give you one huge disclaimer. ***The top of the market is not yet known before the retracement.*** With that out of the way, were going to assume the top price for ETH will be 623.21. Using that, I have drawn a FIB...
BTC has formed a symmetrical triangle on the 4 hour chart. If we break this and downtrend, we will test the lower trend line at $8k. However, the lower line of the triangle seems to be holding. If this holds, we should see a bounce back to $9k.
As I told you, the trend is still downward. Long positions in the medium term would be risky. Just offer you to look at the situation from the outside
Not decisive what this pair will do so just like usdjpy i will wait for a clear break above or below the triangle lines. I will wait for patience is key
multiple failure at EMA many hurdles to go more time needed for shake out
This chart shows how we can use fibs on a descending angle and it shows the top and retracements. As soon as we have a top this can be applied to indicate both shorts and longs. You choose !
This chart is a republished chart of my previous btc analysis that was about shorting it. Due to the chaos, I decided not to predict the price, but just show the key resistance and support points so that you can decide for yourself. Let me know in the comments what you think and if you want me to analyse a certain coin. Happy trading!
eurusd has already formed HIgher Highs after Breaking Up the Major Resistance around 1.20900 and Now Before Going To Form a New higher High it will Correct To major Support and then Ready To long but if you see this pair in 1H you will find it has broken then H&S and retested and way to Short . If you find this analysis Useful Then LIke and COmment :)
I do not believe in IOTA's coin as having speculative value in the long run. However, they have an interesting cryptographic protocol. The chart contains my explanation as to how some alt coins like IOTA are affected by a weak Bitcoin, which in my opinion is the sole reason as to why IOTA has seen a price increase as of late. I may be wrong and I probably am on...
Neutral analysis showing what may happen depending on if this bottom support at ~5500 SAT is broken or maintained.
The 50 EMA acts like support, plus the support trend lines. The 20 EMA needs to stay above the 50 EMA for VTC to stay bullish. There is a bullish divergence, which signals VTC will go up. I think it will hit the support line one more time before going to test resistance again. However, one indicator doesn't make the market, so the other options are: falling...
For me, i confident that the price will break the resistance to go long until the next resistance zone that i mark.If the price reject and drop,it can make price action Triple top. But if look into weekly chart,price has broke flag. I pro to go long.
BITFINEX:BTCUSD Everywhere online over the past few days I've read and heard of a number of opinions from people, either bullish or bearish. Short this or go long on that. Personally, based on my past predictions you'll notice that I focused on staying neutral for good reason. A short position 24 hours ago may have very well been a good opportunity and...
Daily outlook - NZD/USD tries to reach 0.7310 The rest of the previous trading session the New Zealand Dollar expectedly spent in a gradual advance against the US Dollar, trying to reach the weekly S2 at 0.7310. At the moment, it still has not reached the target even with the help from a release of information on the US CPI. On the other hand, such...
I would keep an eye on these levels when trading NXC.
I haven't been too involved with Crude Oil, mainly because as I saw the trend moving up, I didn't enter when I wanted, and the last thing I wanted to do was chase a rally. So, I stood on the sidelines observing, see what my hypothetical entries and stops would've done. Looking at it now, I see a longer term wedge pattern forming in the weekly charts. Now, when I...