WASSUP TRADERS, #FOREXFARGO CHECKING BACK IN! NOT THE BEST WITH THE BITCOIN ANALYSIS BUT HERE WE GO... BITCOIN ANALYSIS. Confluences: -Reject/Bounce off Daily Descending TL -Bounce off May Support Level -4HR potential Doji -2hr potential Spinning Bottom -1hr shows multiple rejections at 7175ish BUY STOP @ 7200.00 SL @ 7165 (-35 PIPS) TP1 @ 7385 TP2 @...
Simple strategy: If the top resistance marked with blue is broken out with a trigger candle, then buy and hold until it reaches the green line. This profit zone is a weekly peak. If the bottom support marked with blue is broken down with trigger candle, then sell and hold until it reaches the green zone. Don't measure these lines point by point. The...
that is an amazing opportunity for Buy This Pairs
It's looking like it wants to retest the low of 7600, we might even go lower this time? Let's wait for the pullback to start a short at the OB top
I want to see this to turn bullish on Bitcoin.
I'm watching the Bottom of my weekly OB at 7600 closely, I think we will reach it soonish and hopefully hold it.... If we break it -> weekly structure change to bearish, that would be really bad... 7600 is the optimal buying zone! If it reacts positive I will start a swing long and we will see whether the OB EQ and OB Top will act as strong resitances or not...
GBPAUD POTENTIAL LONG WAIT TO SEE HOW PRICE REACTS WITHIN THE BLUE ZONE & TRENDLINE
PLEASE REFER TO CHART ALSO PLEASE REFER TO PREVIOUS LINKED CHART TO SEE HOW PRICE REACTED LAST WEEK WITH ECB RATES LAST THURSDAY THEN WICKSAW'D TO THE UPSIDE
I'm waiting for a clear signal to long or short this, not trying to rush into something, unclear where we're going atm...
THIS COULD BE A POTENTIAL INTRADAY SET UP NICELY. LOOKING TO SEE IF PRICE BREAKS THIS ZONE TO THE UPSIDE OR IF WE HAVE MORE WICK REJECTIONS WITH COULD BE POTENTIAL SIGNS FOR SELLS. PLEASE REFER TO CHART.
POTENTIAL CONTINUATION TREND TRADE. MIGHT BE A RETEST OF THE WEEKLY TRENDLINE THEN STRAIGHT TO HELL AFTERWARDS
if the 4h keylevel is broken easily and the weekly tried and then maybe pullback on to the 4h for a second try and break of the weekly? that would be bullish. Otherwise staying out, probably waiting for the pullback on the weekly key level tbh
Just my interpretation of the Litecoin consolidation. Short Term Long here at the bottom of the BLUE CHANNEL. Half profits may be taken at the top blue line (channel top). If price continues to hold above the blue channel, the next PROFIT TARGET will be the green DASHED line. The DIAGONAL green line notates a trend break. Price has broken the downtrend & held...
The mentioned price move happened to the down side, next zone holds atm, I think we could still go lower... watching this zone for a clear trading signal
Bitcoin has been ranging for quite some time now... I'm guessing either we will keep ranging for some more days/weeks or we will see a big move in the coming days. Maybe some catalyst news for a big boost up or a dump like in november?