UnknownX

UnknownX

Bitcoin Trend Analysis and Ideas Trend Primary (Scope of the last 4 or so months) Strong upwards trend after bitcoin bear market Has been in pretty strong upwards trend since beginning of 2019 (especially February) Overcame the tight range from...

UnknownX

Talking Points: Bitcoin remains in a pretty solid bearish trend for the past few months on the daily however has may have finally reached support(See attached daily chart) BTC bounced quite aggressively off the daily horizontal support around the $5800 level with a single 4 hour candle completely engulfing the previous 4 in the down move There...

UnknownX

Bitcoin has a weird tendency to sell off during some point during the weekends for whatever reason... Just hit a 1.236 ratio from the last major move. The last few 4 hr candles appear to be setting up for a quick down move. It will probably quickly reach support around the 50 SMA and push upwards to the old high Risky Trade Idea: Short bitcoin to the 50sma...

UnknownX

Discussion points: 4hr candle apears to be stalling Stochastic 15-5-5 showing an overbought signal USD has made a recent strong move upwards and is consolidating around the 1.1645 area There is a bearish mid trendline slightly above current prices around the 1.1662 area Price has remained in a solid downtrend on a 4hr chart with consistent new lower highs...

UnknownX Updated 

Hope you all had a terrific independence day that our founding fathers would be proud of. This weeks volume should remain pretty low this week with all banksters on vacation in the Hamptons. Because of the low volume i'm not gonna get carried away and force a trade. However sometimes these holiday weeks can have some interesting moves. From a quick glance of the...

UnknownX

Technicals appear to point out why we've had such low volatility in the last two weeks or so. A trendline stretching all the way back to the top of the dotcom bubble. Another trendline runs through the center of the dotcom boom and touches the tops of 2007 (possibly what gave support on 8/2/16).

UnknownX

Hello! Apple beating estimates on prices skyrocketed to our 1.382 Fibonacci and appears to be bouncing in between the 1.382 and 1.236. Assuming that the 1.382 is not broken there could be a nice retracement to the 61.8 fib of the total move or possibly even to 50.0 of the move at support before continuing up or coming back down. RSI and Stochastic both support on...

UnknownX

Oil looks like its running out of steam at the multi year trend line I pointed out in a previous post. It has broken the monthly support and a sell off looks more and more likely possible retrace to the 200 daily moving average is possible.

UnknownX

Oil futures seem to be getting close to major resistance stretching all the way back to the late 90s. It also seems to be getting close to the 100 week moving average . Not to mention an overbought signal from Stochastic and close to an overbought signal from rsi.

UnknownX

I believe the SPX is getting close to a long term reversal. Hear is what I think could potentially happen tonight/early tomorrow. (My reasons are on chart) *Random idea of mine not signal to buy/sell*

UnknownX

I'm feeling a pull back on the EU I think this because: Trendline Support 61.8 Fib My ideal target is set to around 1.13200 zone Hope this helps :D FX_IDC:EURUSD