CryptonikLion

CryptonikLion

No currency will be able to keep it's value, and the dollar as a reserve currency will be able to have power above all other currencies. Waiting for SPX to take down it's low since and go as low as 1700. If that happens then AU will also take it's low and will go as low as 0.48

CryptonikLion

Another bear trap? -CryptonikLion

CryptonikLion

I know and understand how annoying is this pair for sellers since few weeks,but patience it will go down

CryptonikLion

On gpbusd i see a strong down-trend and the next target is 0.236 fibonacci level. -Double top setup. -We made a lower-low (below previous from @ 1.216.

CryptonikLion Updated 

Decision point. Bulls is time to wake up. -CryptonikLion

CryptonikLion Updated 

A confirmation of this cycle will be a strong break above 35-40 cents followed by a retest of f 35-40 cents range -CryptonikLion

CryptonikLion

The time will reveal us the truth, but 1700 i my target. Capitulation !!!

CryptonikLion

Here on UJ is a very good buy opportunity to long this pair because the price is currently in a falling wedge ( In my opinion ), with a bullish divergence on the 3 and 4 hour RSI.That indicates me that this is more likely a falling wedge that has the target of a breakout to the start of the wedge and i do not think that the price is in a descending channel,...

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CryptonikLion

Hello this is my first video idea so i will appreciate the support from you so please live a like and if you have any question drop them in the comment section.

CryptonikLion

AUDUSD this pair now is so irrational and manipulated at the moment like the stock market,because aussie is almost 100% correlated right now with the stock market and after stock market is going to go for another leg down this pair will go with it,also RSI is confirming that to me, the pair started to make weaker and weaker impulsive moves to the upside so soon it...

CryptonikLion

Massive faling wedge with an big reversal potential i think that the bottom is also in place and the lines are my targets after the break to the upside The price may drop another 10-20 pips but may not,so soon i expect a reversal and a break to the upside. Just a matter of time RSI is confirming to me that the price will most probably gonna soon reverse

CryptonikLion

Hello traders i see a strong risk-reward opportunity here the price has some good momentum so i would really like to see how the price will climb to around 0.9135 where i will take some heavy shorts on this pair that level is a horizontal resistance+a trendline is gonna add more resistance on it and since we are in a down trend in my opinion it makes a lot of...

CryptonikLion

Well i like this chart that is full of pessimism chart,because is full of opportunities. We are in a accumulation zone since almost one year and also in a perfect triangle which usually in crypto is gonna break to the upside so yes in the following month (20-25) I expect to see fireworks here. A month is the time and it is not very much comparing with the...

CryptonikLion

Well a very interesting pair to analyse and i may get criticized,but i am not a bear in this situation and i have some good reasons in my opinion to think that way. - Let's start with the fundamentals first so, after virus ECB did not cut interest rates yet,but FED cut them from 1.75% to 0-0.25%. 1.The situation with the virus may start to improve. ...

CryptonikLion

-Here on EURCAD i see a perfect market structure where with the help of the RSI, i see that bulls are tired to defend the support and this we see on RSI that bears are ready and willing to push the price further down. -After this analysis in my opinion bears will break the support the next time the price gets there because on RSI we can see some divergence...

CryptonikLion

I am going to make a full analysis on this pair right now and i will say why i think this is a perfect short setup in my opinion,so let's get started. -First the pair was in a strong bullish momentum since the bottom and now we see how price is strugling to make HH, and when the price makes a HH the price immediatly gets rejected. -On this chart you don't see...

CryptonikLion

I really think this is a great observation and you need to take this in consideration

CryptonikLion

I will wait for around 1.44 for a good entry on a short position on the 0.618 fibonacci level. Also it should be the fifth wave and an A,B,C correction must follow and depending on the fundamentals i may let this position open for few weeks may be,because i consider it as a great opportunity, And the rsi is showing us that buyers have lack of power over the long...