Seeing a wedge / pennant formation on BITFINEX:ETHUSD making me think a break could be imminent. I'm sure it's not a great example bust still. What is really interesting is the BFXLS data. Is this seriously the longs(green lines) compared to shorts(red lines)? If so......yeah, long. Thoughts appreciated and encouraged.
Support in blue. Heading right for it, like a magnet. I expect it to continue the upwards trend after hanging out around the key support for a bit. What do YOU think?
As noted, there was a break into an uptrend and I think it's gonna run for a while, myself. What do you think?
I am short on this pair because of the trend line break and candles but at the same time it looks like it wants to go north. I think its news related or something, but I may get out of this trade. What do you see here? Looking for great, simple stripped down trading education? I highly recommend Wysetrade. www.wysetrade.com
Jumped in a little early on this pair, but I still think it's going north. News may alter this. Honestly, not the best trade but worth posting for reminding how crucial and important PATIENCE is.
Price doesn't always pull back after breaking a S or R level. I think people are buying up the sterling while it's cheap. Perhaps, it will fall again, but I'm long at the moment.
the pair broke the descending wedge strongly. If it lasts or not, only time will tell, but I feel this is a new trend. I don't always go long, but when I do........... I.....ummm......... I got nothing.
The JPY high-impact news, that's coming up, has high number forecasts. The GBP is weak due to the politics of Brexit, which signal that this pair will fall. A mix of technical's with fundamentals has me bearish on the pair. But I am far from an expert, so please comment with your ideas.
Kind of some bullish divergence on the 1hr, but maybe not quite? What do you thing?
OMG has done nothing but behave very poorly. Does anyone know what this is? I've yet to find any meaningful info other than everyone is selling for BTC. A strange market, right now, behaving in a way I have yet to see. There is a potential reversal as it seems to break the most recent downtrend line, but I wouldn't bet on it myself. I think this is one of the...
I haven't been trading for a long time, but do know a few things about it. If this isn't one of the clearest signs of a trend change, I don't know what is. I would like to invite the more seasoned traders to perhaps comment on what they would look for on something like this. To me it is clearly turning to the downside. A reversal pattern happening. Thanks
I said it in the chart. Very strange. We're all being lied to. About most everything. Happiness in slavery as we waste away looking for breakouts and signals and highs and lows, chasing freedom through a system that is designed to be against us. We are the sheep. We are the heard meant to drive this economy of lies and deceit. You can't fire me because I...
I am currently in a position to grow thy BTC digits. I chose ARK because the signal finder had all indications of potential "breakout" or at least a decent up trend. Thanks to BTC Trading Challenge for the tips. ARK is a coin that does something and blockchain, blah, blah, blah.... Stuff. I am NOT fundamental on this (OMG is a different story). ARK is just a...