Answer42

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Taking a break at Milliways
Markets Allocation
75 % cryptocurrency 25 % forex
Top Mentioned Symbols
GBPJPY 25% | 1 XMRUSD 25% | 1 BTCUSD 25% | 1 LTCUSD 25% | 1
Answer42 Answer42 BTCUSD, D, Long ,
BTCUSD: Bitcoin - Wave 5 of Wave 3
730 0 12
BTCUSD, D Long
Bitcoin - Wave 5 of Wave 3

We are in Wave 5 of the third wave up. Bitcoin continues to be in a strong trend and the $5,000 area will be one to watch.

Answer42 Answer42 XMRUSD, 240, Long ,
XMRUSD: Monero - Wave 5 begins
507 11 8
XMRUSD, 240 Long
Monero - Wave 5 begins

Monero has taken a sudden move to the upside following a long consolidation phase. Wave 4 may or may not have completed but when it does finish wave 5 will begin the move to the upside. Fundamentals: Monero is now listed on Korean exchange USA are investigating residents who own Bitcoin for taxes they may not have paid. Moving to Monero is a way forward for ...

Answer42 Answer42 LTCUSD, D, Short ,
LTCUSD: LTC/USD - Head and Shoulders
164 3 1
LTCUSD, D Short
LTC/USD - Head and Shoulders

Lots of the alt coins are showing Head and Shoulder patterns. We are in for a rough ride if any of this happens. I would expect a bounce off the first support zone and then the market will decide what happens next. Play Safe. Disclaimer Answer42 is not responsible for any losses incurred as a result of following trading signals mentioned and cannot be held ...

Answer42 Answer42 GBPJPY, D, Short ,
GBPJPY: GBPJPY - Bearish Bar at a lower swing high
76 0 1
GBPJPY, D Short
GBPJPY - Bearish Bar at a lower swing high

We are in a wedge on the daily. During the last bounce off resistance there has been a retrace and posted a bearish bar with tall wicks. The wicks showing downside pressure. TP has been set at 50% retrace of the previous swing with a 2R profit. Disclaimer Answer42 is not responsible for any losses incurred as a result of following trading signals mentioned and ...

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