Hi Guys and Ladies, First zoom in and out a bit from the 1h to the 4h/D that just gives better perspective on the chart. Looking at the chart it gives a break down of why we are still in a bear market and that the bull run is done, this is a continuation of my previous chart with some updates done to it. I believe that we are heading to the 5000 -5200 mark in...
Hi Guys, When looking at the chart please zoom per colour, Blue for 1h, Red for D and Green for W, this shows that Bitcoin is still very much in a bearish market and we can expect it to go down to 5000-5200 in the next couple of weeks, I tend to be a more long term trader so this is my out look long term and not meant to be used on anything lower than the 4h(for...
Hi Guys please provide me with some feedback, I am still a learning trader and inputs would be great. To me ETH is still in a down trend as the LH and LL have not been broken and I would think that the Bears are still strong despite the push of the bulls for this week, in the next week or two I see us returning to the $160 mark before the Bulls step in...
Hi Guys please provide me with some feedback, I am still a learning trader and inputs would be great. To me ETH is still in a down trend as the LH and LL have not been broken and I would think that the Bears are still strong despite the push of the bulls for this week, in the next week or two I see us returning to the $160 mark before the Bulls step in...
Well this is my thinking on ETH, I would how erver put my money on the buy breakout. Long over due.
Descending wedge has reached its bottom expect to go long, before resuming the down trend.
Downward wedge pattern, wait for the breach to hold go short.
Long Term Looking at the long term trade on the weekly chart we have a down ward channel with the turnaround approaching fast. Short Term In the next couple of days the turning point should be reached with a steep decline in the currency, keep your eye on this one I believe it will be a good money maker. Don't get caught in the buy trap as your stop loss...
Long Term The EUR is in a strong up trend long term, currently in a bit of a range with expectations of it resuming the trend soon enough. On the daily chart we can expect the Eur to weaken for the next week so before turning into a buy again. Short term Looking at the four hour chart I would not get in on the buy, I am certain that you would be stopped out...
Long term Looking at the long term market the trend is up( weekly chart), with a short term sell approaching its end by end of week (my prediction) before it turns back into a buy(On The Daily chart). Short term Be careful to jump on the buy train as this will have you cancelling that Ferrari you ordered :), specially looking at the 4 hour chart, the currency...
Please provide some feedback for me on this analysis. Thanks Guys.
Hi guys would you please give some comments on my analysis asIi am still quite new to trading I would like the views of others for guidance. In my opinion I would wait for the buyers to weaken and take the sell, my reasoning is that it is too late to get in the buy and it would be high risk on the buy.