www.youtube.com Video above explaining the trade. Star Prosper Philip Stewart
Trade ideas are based on my anticipation of an inverse head and shoulders. This should atleast help gaining some orientation for price action and time windows. Make sure to check out my other charts for more information. Feel free to leave comments or questions bellow and upvote this chart if this is usefull to you. Cheers : ]
The downtrend seems to have lost steam at the $235 level with the market failing to make new lows and currently in oversold condition. We can see a nice double bottom beginning to form on a higher time frame. This will be the make or break point for bitcoin's long-term trend decision. If we get rejected at the long-term dowtrend again, then it would appear that...
key trend lines, targets, timing. what else do you want :D OBV gives hints that we already had a major breakout. RSI looks kind of oversold compared to price. Yellow diagonal is the next breakout trigger. Cheerz : ]
We are in a consolidation phase. Let the market decide which way to go and buy/sell the breakout. Possible targets are on the chart. Atleast 33% profit within a month after breakout should be possible. Are you ready ? : ]
I drew a triangle based on OBV's 50 hour moving average (orange), and mirrored the triangle on price. Red and green areas are 80/20 % overbought / oversold zones. At this moment we are in the overbought zone so you can try a short here. I expect a big move of ca. 50% after price breaks out of the triangle. Targets: Upside: 333-375 Downside: 130-90 Cheers :...
Here are my short targets after intensive analysis. Take 50%profit around wegde target (226.27) and 50% around ab=cd of bodies target (215.57). Furthermore buy around 216 with stop loss under 207.7. This will allow you a maximum leverage of 20x with the margin call beign your stop. Cheers :]
EURAUD still in a ABC correction of wave 1 and still has to finish wave c. wave c target being 1.5000 as its price support zone and also being 78.6% fib retracement, 1.618 external retracement and 0.618 extension. if price breaks above this resistance a move back up to 1.5300 being 100% retracement.
We seem to have established a floor for this support around $210 near the last area of consolidation before the big Coinbase pump. The market is now forming a massive descending triangle by making lower highs on very weak volume. This pattern will be validated if and when the price dips below intraday support at $220 again. The market had a similar, albeit...
SPX monthly chart A possible upcoming fib confluence target zone for the S&P 500 Index. AB1C fib extension (green) B2C fib retracement (blue) CDE fib extension (red)
Hi Traders, Gold have finally touched its head and shoulders target, which is 100% of the high of the right shoulder (fib). However, this doesn't mean that he will reverse.. But its something to keep in mind! Good luck! Thiago Duarte thiago@duarteinvestmentgroup.com @thiagotrader
If you just take the descending triangle that is readily observable here at face value, then things look rather bearish. However, we can also now see that a larger symmetrical triangle is coming into view and also a tiny ascending triangle as well (in yellow on the chart). Given that most people are bearish right now, I am going to take an alternative view and...
#BUY / stop-loss 176 / target 225
Linked in created and inverted ascending scallop -- confirmed. (thepatternsite.com). A bonus is the U-shaped volume with the pattern. This alone sets the target price at 279.25. In addition, a cup and handle is in the process of forming, which if successful, sets an intermediate target price at 263. On Balance Volume (OBV) also remains in a very positive upward trend.
These are the levels I would consider a short from. The higher you go, the riskier the short, but the better the R/R. If it goes past $350, that's when I stop calling for shorts and re-assess the market. It's your decision, but these levels are the most well-defined areas I would consider shorting until we hit my longer term target of...