As expected the BTC does not manage to find support on the identified area.. which means we're pbly about to close the week at the low, and below the previous week low... which means that bears have now restored their trend... breaking 8300 will be a signal to get to more leveraged position. Now I expect the descent to the zone 7800-7500, after which a small...
Hello traders, Bringing you, another daily trade, this one on Ripple, a fast 10% profit trade! Ripple is in an asceding triangle, bullish crossover on the 2HR chart and with Consensus meeting, i think this trade should not be very hard! Buy on the breakout, and sell on the profit target, grey box! If we breakdown i put the nearest resistance levels! Hope you...
BTC after gradually moving up and testing the 10k level has had a pretty decent pullback and has found the long term overall up trend line and bounced. After retracing to between the 38.2 and 50% fibs it has now dropped quite sharply again. I am hoping that it will create a higher low here and move back up to retest that short term down trend line and the next...
After completing the ABC correction, TRX has had a nice recovery and jumped back above a 4 hr support and also the up trend line. Currently sitting right on both it seems to be retesting these now. If we get a close above both the 4 hr support and trend line here i expect TRX to retest some minor resistance at around 915 sats. With the main net launch happening...
Zrx has been looking very strong recently and seems to be forming an Elliot wave. Currently potentially completed wave 4 and also forming a symmetrical triangle which could signal a break. Entering from the bottom of the triangle to previous structure for roughly 15% gain or waiting for more confirmation buying after the break in the triangle, i feel like this...
Bitcoin Sunday Trade Set-Ups A fairly active overnight session has seen Bitcoin move up to highs around midnight gmt, then down for 6 hours to 06:00gmt and 01:00est and then back up again, forming a fairly sketchy triangle as it moves through time. The last move down (green arrow) was corrective in pattern with 4 small waves down before it hit the lower...
Long to the trend line, as previos is broken.
Bitcopin Update Saturday 08:45gmt 03:45est So far the low this weekend is 8223, a couple of points below the next near term downside target at 8225. Bitcoin is now counter-rallying back to test the upper parallel at 8330-8350 and should come off again from here and from 8392 at highest before falling away to 8155 and ideally then to a low around 7946 on...
BTCUSD: Bitcoin Next Trades from Here 19:41gmt 12:41est This still looks corrective at this point. No big green impulse wave starting yet which would be the first signal that this is a real bottom here. It's the weekend coming up and still no sign of buyers in any numbers. But there is a chance so we need to cover it in case - it is holding here still at...
Ethereum has had a nice run over the last few weeks but has stalled in these last few days. This stalling looks to have created a bull flag. This bull flag will only be valid upon a break of the black line at .08495. After that I'm confident price will hit the first target and potentially more, as that is a rather conservative goal.
Today, I am going to do an analysis of one of my losing trade. Although winning feels rewarding, if you want to improve, there is no better school than reviewing a setup that failed - understanding where it went bad and what would have been the best solution, was there any mistake? This is a personal introspection of how i felt during the trade, why i entered the...
1D Techinical Analysis shows almost 9 days in a row on the green side. Normally after that it came a retracement period (seems it was yesterday). Maybe not enough retracement after 9 days going up (we will see)? Our trade intends to catch the bounce back up to continue the lately Uptrend after yesterday retracement. Our Entry point would be 535 with a very Tight...
Bitcoin Trade Points Today Bitcoin was left looking at a counter-rally 'towards 9700 before it comes off again'. It took another 7 hours or so of whipsaw and confusion to get there but by 01:00 gmt/20:00est Bitcoin made a high at 9671, taking out more stops placed just below here in the mind-numbing game of Pacman/hunt the stop that lasted right through the...
Entry Short Signal at $1.57 Cover at $1.47 Profits $2.388
EUR/USD is forming a bearish Cypher harmonic pattern, the pattern started at 7 May. The model is expected to be completed @1.1945 also EUR trading under EMA 50 Target 1 @1.19000 Target 2 @1.18700 SL @1.19700 Good luck,,, Thank you ----------------------------------------------- Do not read and leave... Like, Comment and Follow ,,,, its' so easy :)