eur usd euro dolar Hello receive a cordial greeting.
Forex, the most capitalized foreign exchange market in the world, has marked supports and resistances for its stock market strategy to be profitable to use them. Resistances are used to see possible rises. And the possible supports falls, also the supports can use them as stop loss Or simply as an investment guide, using this simple technical analysis, to mark levels of supports and resistances.
Sincerely L.E.D In Spain as of 21/10/2021
2021
Bitcoin Outlook 2021#Bitcoin looks like a relatively dangerous place to be in terms of the ever so delicate balance of risk/reward. I have been forthright in my view that the $2.4T cryptocurrency market cap is a huge drag on the global economy; that is to say, any dollar sitting in some crypto form of savings is... well, not really doing what it is supposed to do. Policy Makers know this and they likely will respond accordingly. So it should be noted that although we hear a friendly attitude toward cryptocurrency from policy makers, they simply will not co-exist.
But... But... why don't we agree with all of the other granola-bar-"analysts", who are adamant that "bitcoin fixes this". Fixes what? When? Where? How?
Here's the thing: If a business needs an alternative form of payment for their revenue-collecting process, that business is dying. "Oh you don't have any dollars? That's ok, we will accept your bitcoins".... what? WHAT?
Dollars. Dollars make the economy go round. Not gold, not silver, not digital images, not bitcoins or dog coins. Dollars. Lol, if you can't get dollars and you think a non-legal tender is going to take you to your financial goals... you are dreaming.
BTCUSD: Dec 2021, Dec 2025 wishes of a naive mind or inevitable?This is an update/upgrade of an idea from 2019 and 2020.
Conceptionally it stayed the same but Hash Ribbon indicator , which serves pretty reliable buy/sell signals, has been added and extended a possible ATH in December 2025. A rough estimation of the halving event is now included, too.
Please be aware of the logarithmical scale. Due to the fact that it is quite a harsh job to extend curves on a trading view chart, I am pretty sure that there's a systemic problem on this chart with the estimated support line after approx. 2020. It should converge towards the resistance curve because, in the long run, the volatility should decrease.
Many traders are speculating about a new ATH this year, but if you think some further you can guess another peak at the end of 2025 or the beginning of 2026. At that time it could go as high as 860,000 USD. Basically, this outlook makes me think if I will change to USD or EUR at all again. A peek at the great leaps forward in developing of the Lighting Network and as a consequence, thereof the adoption of Bitcoin as a fast and low-to-no fee direct payment medium for everyday life led me to the idea that at a value of that in fiat a change back should be obsolete. Transformation of value from fiat to crypto (means mainly Bitcoin) will go on and fiat money will not going completely extinct, but I see increasing evolutionary pressure on our global monetary systems ...
Why should one switch back?
finance.yahoo.com
www.bitcoinblockhalf.com
lightning.network
en.wikipedia.org
BTC Further losses are awaitingGood Evening.
In early 2021 we witnessed BTC that had a huge pump and Bitcoin made several waves and ATHs, but as we saw negetive RSI divergence, each of those 5 peaks were claimed harder than the previous one except the second one, now it seems that scenario is repeating in a smaller scale.
In the wave that we are already in four picks have been made and the RSI as well as our position compared to 200MA indicates that bears have dominated the bulls.
By my view I think another local pump to $46,000 or 200SMA is expected before the plunge to $37,500 support zone, that seems a good entry point. I will put a Stop Loss on $40,000.
GOODLUCK
DISCLAIMER: The information provided on this article does not constitute investment advice, financial advice, trading advice, or any other sort of advice.
2021 Bitcoin peak possibilitiesI am using two fractals to show us how Bitcoin may move in the next coming months. If we hit a peak in October or December this is what we could be looking at. using the Beam bands, fractals, Time zone Fib and Trade Genius research info to accomplish this chart and my own wits as well.
NDX Short Within Bullish ChannelI have entered a short in the Nasdaq via $SQQQ. The important thing to note, is that this short is taking place within a very clear bullish channel.
That said, I must remain aware of the very real possibility that this could go against me. As such I am prepared to abandon the trade should we start to violate the most recent all time high.
Technical approach for 3rd week of September 2021 (13-17) **EDUCATION PURPOSE ONLY**
Strategy- (Naked chart)
Per Support or Resistance after break, It can be strong opposite zone for re-test.
Range break.
Head & Shoulders pattern you can see very easily. :) (But we don't consider that, However its good sign for trade confirmation)
Sell stop at : 151.752
Stop loss : 152.363
Take profit : 151.583
Its wide SL and Small TP trade and we can place this for 1% for STOP LOSS (Position size)
Bitcoin peak for 2021 using FIB time ZoneIf you can watch Trader Genius and his video titled "Another indicator of the next Bitcoin top"
What I did was I used the Fib Time Zone and plotted them using the RussianBear metrics and Low and behold came up with a date of December 26th for 2021 as a key date. Could December 26th be the next Bitcoin peak? I don't know but it is somewhat compelling and would make more sense to me given that all previous Bitcoin Peaks were on the month of December for 2013 and 2017. Could it not be that we will continue this trend into December 2021 for the 26th based on a Fibonacci time zone point?
Let's see what happens.
here is the video by Trader Genius
www.youtube.com