Dear crypto friend, crypto passionate and crypto addicted, we are facing a possible reversal of the BTC pattern, the bulls are taking control over the bears, so is probably time to open your wallet and buy some fresh new BTC! Bullish divergence, EMA 55 Crossing and an increased volume are very nice and good signs for a BULL scenario in the short term...
Hello, ill look for the pullback on the 2hour, i got the conformation that we are going to see some bearish trend. So ill wait for the 0.786 or 0.618, and see the RSI, or look for some harmonic patterns. Let's see, where we go.
This will be a quick one folks but it has me majorly excited so I had to throw something together! So, It would appear that COINBASE:BTCUSD has officially smacked its way above the heavy overhead resistance and will be testing it as a new support within 24 hours!!! I've been watching this line for a very long time waiting for this exact situation to unfold. ...
Alright folks, I know I dropped a COINBASE:BTCUSD analysis for you yesterday (and its held solid!!!)....but I felt like it would be beneficial to provide something less "predictive" and just drop some facts. So as I said, no predictions today, just facts! And I must say, these facts look real promising; all signs point to a significant momentum shift in the...
This was a perfect sell setup this morning. Potentially MASSIVE downside. The entry should have been upon breakout of smaller corrective structure. The overall structure and wave pattern tells me downside. I'd been waiting for Echf sell and EJ sell for a while. Those are the types of breakouts to just let run. GJ was also a beautiful channel breakout. I did a...
Classic bullish Wolfe wave is being shaped at Daily and technically speaking it is looking quite promising. However, it contradicts the previous short setup which is working right now: Once gold reaches point 5, it will be at the very same area as previous resistance line II-IV. The outcome of this fight will decide further long-term trend.
US OIL* NYMEX:CL1! has formed the major bearish Wolfewave. RSI Divergence on Daily/H4/H1 along with consequently lowering volume may signify the upcoming trend change: With the SL slightly above the recent peak and potential TPs laying much lower, the risk/profit ratio makes this sell quite an attractive opportunity. Opened 6 lots at 49.81/49.91, SL 50.82....
So, what we can observe is that BTS has broken downtrend and escaped zigzag. Sudden rise portends uptrend and if second candle will be blue we can play on rise. RSI shows bullish divergence on last 3 candles, also it broke lower border. Alternatively, we can see high divergence on S-RoC indicator, on range of 5th September and 10th September. Additionally, volume...
Market moves in Trends 1)Uptrend 2)Downtrend 3)Sideway Trend These trends could be generated by the policymakers (Central Bankers)of respected currencies, Politician's decisions , Geopolitical Situations, Elections, Referendums, Reports, Surveys,Natural Disasters, Etc. Price could move in million ways. But certain cases of pattern repeat. "History...
I'm short TSLA based on weekly pinbar followed by bearish engulfing at support that broke trough 23,6 fib level. Also have MACD divergence. This can indicate a short term trend change to the downside.
After a massive gain on the Euro pair, we finally saw some relief on it. Next thing to do, since the drop on all Euros were heavy, we can see it as a trend reversal. Look for a retracement to sell. A double top formed on Friday and looking for entry at 61.8 pull back coming into next week, will be a smart move in my opinion. Remember to trade your own plan. This...
Idea: This weeks topic of conversation has been nu short trades. There has been a lot of talk on the chat about NZDUSD heavily retracing and some interesting psychological FOMO going on. The daily RSI is over bought and the weekly looks like it is approaching over bought again. To me this is easily a dip buy until the weekly is over bought. I can't see the...
Longterm Short after opening gap for DAX "Ger30" same scenario with CAC "CAC40" Remember to follow French Presidential Elections Events at North Korea etc.. Take Profit at Previous Swing LOWs appx 9400s SL- With relatively safe trades .... who needs SL when at worst scenario you can hedge :p
Daily triple top, break and retest of long term trendline leading to bearish breakdown. Price broke and retested the daily 49 EMA forming LH and continued on its bearish decent. I see this pair going much lower.
Weekly quad top false breakout to the upside. Daily head and shoulder pattern leading to LL and LH confirming weekly trend change.
Daily chart broke out forming Higher high and started to signal bullish trend change. However, Daily chart failed to continue higher and after intraday LL developed a new LH on the daily chart pushed price further down closing below the daily 49EMA.
Weekly Range forming Quad/Quintuple Bottom. New Higher Low formed at bottom of range with Bullish engulfing proving momentum.
Daily Bearish engulfing forming intraday LH after yesterday formed a LL confirming bearish trend change. Trade was entered via APL strategy.