Amazing
AUDUSD Short trade waiting the FOMCOn AUD/USD, we have a bearish setup with a trendline that was breached this morning with a simple TOUCH, the third one. The market indeed used it as a resistance, precisely retracing to the 61 Fibonacci level. Now, I anticipate a short position with a target at 0.6360. Happy trading, everyone.
Big impulse wave ON BTCHello, this is Night.CXX CUMFYSEPIPIE! admin this is my trading view account. If you are foolish enough to know this is the next big money play as it is finally happening!!! THE ATH RUN RETEST!! IT IS LITERALLY CONFIRMED AND YOU ARE STUPID LIKE CHONKY IF YOU SHORTED THIS! FUCK YOU CHONKY!! YOUR RETARDED!! GO SHORT YOURSELF! ok! But anyway yea we stop run retesting it! This is not a fairy tale we won't just burst through this like it's nothing! IT'S ATH and I will hedge when it's there. I expect a huge stop run down if that even breaks it again.
It's not a bird. It's not a plane! It's a channel.
Nobody really knows for sure why channels develop. There are loads of theories. I'm not interested.
A channel is usually discovered late, obviously because the channel is evolving and then you see it. Unbelievable as it is, it is there.
So what do you do. Well, I don't give advice. What I do is understand that there may be limited opportunity to exploit. I say limited because when late in the game, price can break up out of the channel or down out of the channel. That means that if price approaches either end of the channel, it is a critical time.
All one can do is take the loss! It's called a stop loss.
Channels also do strange things like break out and then go madly the other way. If everybody had a magic formula how to work them, everybody would be zillionaires. It ain' t happening!
But there is still money to be made by following microtrends. That's where you follow small trends from 3 min to 15 min. These can take days to play out.
For newcomers it's not a good idea to work blindly in a channel. Find other indicators to assist.
Experience is also an important thing. As I always say blowing up 10 Tradingview paper trading accounts is far better than blowing up one live account. Get the safe experience almost totally for FREE!
Bitcoin - Is BTC is good health? Let's seePart of going up is going down, no asset ever goes up and continues going up. the current pullback is part of going up so long as it does not close too many times under support. We have now closed once under the 100MA, we have to return above it tonight or tomorrow night at the latest. For now, it seems to be running down the old resistance line now support, as you can see my 6-month-old chart is aging amazingly well. The fact is that we have come down because a lot of traders have exited their positions which is normal when you hit resistance. Soon you will be a big part of driving price down along with me once we hit our resistance goal.
When do we expect BTC to push back up?
Let's look at the 6-hour chart, I have marked it very well so you understand exactly what every resting point means. I recommended to the traders that got out too early to get back in right at the 50% and 61.8% and wouldn't you know it, we hit it and congratulations to you all.
What is the one thing we do not want BTC to do?
We do not want it to go under the 100MA on the weekly chart, which has become strong support, if we close under even one time the math says that it will be difficult to pop over again. What does this chart tell us right now? The 20MA stopped the up momentum, the 100MA is the support and the 50MA is where we are resting right now. The headline here is that BTC is still moving upwards.
VERY IMPORTANT: Hitting the "Like" button is like a tip, please don't forget to do so after reading, this is your way of thanking me for my time and so I thank you for yours.
Why has the "B" for bitcoin in my chart gone from red to yellow? Because we have stopped doing lower lows and we have exited the secondary downtrend channel. BTC is acting neutral for now.
Follow me and you'll know exactly which coins to buy and when to buy to maximize your profits.
NOW, THE LEGEND;
Support trend lines are green
Resistance trend lines are Red
Horizontal support lines are white, the thicker the stronger the support
50 Moving Average is yellow
200 Moving Average is white
THE TREND: Going Down
THE OUTLOOK: A rally may be coming soon.
Amazing Dividend Aristocrat (7%) yield with huge supportShell is at 2 year support that it does not often break
The current dividend yield is 7%.. Shell has not missed a dividend payment since the second world war
>> The current cash flow is huge and enough to cover yield (pay-out 75%)
The price is at the bottom of its trading cycle. Best price to historically buy at...
Oil has started trending up supporting an increase
The last time the stock hit this RSI it had retrace up until it 200-day average at 10%. So huge upside beside its great dividend yield
BTC Beautiful Bullish Bowtie Diametric FormingHi guys,
I think I have a pretty good idea of what to expect from BTC now, I think it is forming a bullish bowtie diametric. It's looking like it will probably be mirrored about the dashed white line, and will start by completing the small bullish AB=CD harmonic.
Initially a long, and then a pretty significant short to the ~7666 area I think. The shole pattern should take until near the end of August, after which the sky is the limits.
Good luck! Would be amazing if this played out, it looks too perfect to be true, but is also matching up extremely well with some trendlines I drew... have high hopes for this one.
Not trading advice. Let's do this!!
Amazing bitcoin forecast to $277k next stop & WHEN TO BUY?Does anyone have a roadmap like this???
Buy anytime we are near the PURPLE DOTTED LINE. In fact, if you believe in bitcoin, DCA (dollar cost average) on the way up and now! Anything below the purple value line is a spring/shakeout.
By my estimates and how the parabolic ascents of support and resistance line up, bitcoin will eventually and soon approach $277k decision point. It will require it breaking above the resistance parabola to go higher. At this point there should be indication of the s-curve knee point of global adoption moving forward as as store of value.
Follow me on twitter at: DropDead_Fed
1 AMB == 1 AMG GT SDescription: This shit currently ranks #258 on coinmarketcap. Yall should pay me for even mentioning a winning trade as easy as this.
Timeframe: We gonna stretch this one out folks! Just look at this trade as a way of parking your $ for the next 4 months. By the time school's done, you will have earned yourself a nice holiday!
Indicators used: This aint 1977 son. We dont use indicators anymore.
Shout out to: Our girl Elizabeth Holmes.
SRT Gold SPOT - Whole Trending PairGold is mostly aways from ranging and channels and thats why its the sweet spot. However, Gold is either an Obedient dog or a ratchet one. Finding sweet spots for the pair is the Key because it obeys them.
Over here we have 3 trades based on Trends and SR lines. A broken triangle gives us a bullish but failure to the trade, we take a short on trendline break with two take profits. One or both will be hit this time.
The CRAZIEST Bitcoin chart you will ever seeBare with me a second while I explain this really quick. But before I do, get out your magic 8 balls, chicken bones and some dice or whatever, cause this is going to get really weird.
I utilize Financial Astrology in my trading. Financial Astrology is nothing but mathematical psychology based on astronomy. Or just correlating historical price behavior to the longitudinal position of planets and observing if those things happen again over time. That's it.
Financial Astrology has nothing to do with how to get that Libra to fall in love with you, a Cancer.
Anyway, I was compiling my notes and I came across a part of my notes that I've never recorded. Nothing in my studies of Technical Analysis ever mentioned checking for the longitudinal position of a single planet and not with a specific degree. But I had written it down: check divisions of 36-degrees of Venus. The software I use to do this is Optuma by Market Analyst- or you could just Google these dates, too.
So I put in 36-degrees of Venus and I just... it blew my mind. That's what you are seeing. I've NEVER seen such an accurate and stupidly creepy pattern in all my trading. This blew my mind and is hands down the craziest Bitcoin chart I've ever seen.
VENBTC - Will VeChain rise from its ashes?The phoenix is a majestic bird that, once dead, is reborn again from the ashes of its remains.
Is this the same case for cryptocurrencies that have had their mainnet launch?
Bitcoin on fire and more to come! Target 11.6k Main target 11.6k, short term target: 9.7k
The 9.7k target is a fibb resistance in combination of a wedge (yellow lines)
i think this is the end of the road for main wave 3 and we will enter a corective wave back to 8.5k
the 8.5k target is supported by a fibb line aswell if target 9.7k is met the 0.38 retracement would fit as a good support based on older tops and supports,
this rectracement however can be less or more downwards, this will fully depend on how bullish people still are after hitting the 9.7k top
worst case scenario it will retrace back to the major resistance we broke (dotted purple line) but this would be very unlikely
after it founds it support i do expect a pull all the way to 11.6k wich is again a major fib from 20k top to 6k bottom
and in the past we been hitting that 11.6k often as support aswell as resistance from our last double top in march.
11.6k target mid to end may, if we fail to break we can expect atleast 2 to 3k retrace
the green wave 1 to 5 is on a bigger scale wave 1 out of 5 upwards.
long term i am very bullish based on what indicators and wave tells me, fibb points tend to stack in a zone between 28k and 34k for this bull run.
happy trading and enjoy your beautyfull spring!