StonysCapital

StonysCapital

Bitcoin trendline is broken and we are testing previous support right now, rejection here would validate the support is turning in to resistance and we could be heading down to approx 13.4k.

StonysCapital

During the last 2 years, we can clearly see 2 beautifully formed patterns that broke down and capitulated the bulls Looking at the chart today we can see huge rising wedge forming on a daily, and we are right at the top of it! Could be a good shorting opportunity as we right at the top of the wedge. The market feels too optimistic for a continues rally. If...

StonysCapital Updated 

Traders shorted $41.4 (Obvious Resistance), their SL's was approx. 30-40pips above. Market has cleared the SL's and early shorters are out now. Im expecting $OIL to start dipping down and test $39.20 region. If breaks down, could continue falling to $36.80 area. Please hit that like button if you agree with my analysis.

StonysCapital Updated 

We can clearly see NAS100 is printing Higher Highs and Higher Lows creating an up trending price action. Here i identified potential buying opportunity at the current support level ( Previous Resistance) to potentially reach 12200 area.

StonysCapital

$USDCAD bounced almost immediately off 1.31 region. I have posted analysis for $OIL to start dipping, falling OIL prices often mean weaker Canadian Dollar. All the talks about US Stimulus, feels like market already priced that in to weaken the USD. Im expecting $DXY to recover and USDCAD to pump back up to 1.324 region. If takes off 1.324, could potentially...

StonysCapital Updated 

I don't like the fact that alts are dumping to pump bitcoin.

StonysCapital Updated 

Bears FOMO'ed today in hopes of 12k which isn't going to happen very soon. This is a short term price movement, and my 16K target is still valid. You just have to ride the waves.. Im out of my longs for now!

StonysCapital

As we can clearly see on the chart Bitcoin printing higher highs and higher lows within a rising channel, beautiful uptrend. Bitcoin breaking key resistance to print fresh higher high. Hit that like button if you agree with my idea. Many thanks, Stonys

StonysCapital

Here is what happened to Bitcoin last week. Early longs got liquidated. Bears added to their shorts, the real break out to the upside is on its way.

StonysCapital

Here is an idea for day traders. Targeting 11.1K Are you buying???

StonysCapital

Looking at the Bitcoin weekly inverted chart, we can clearly see the trend is down printing lower highs and lower lows. Why would you fight the trend? Im LONG TO 16K

StonysCapital

Sometimes the simplest can be the best. Im long to 16K.