Get started

Bearvsbull

Anticipating Short-Term Prospects: What's on the Horizon?Kaspa indicates a bearish bias, particularly with the potential for further downside if the reverse cup and handle formation plays out. However, there is a possible bounce scenario near the key support around $0.125, which aligns with a long-term ascending trend line. If buying pressure increases, the price could see a bounce from this area, potentially targeting the $0.146 to $0.160 resistance levels. The 20 EMA (red) is currently below the 200 moving average (purple), indicating continued bearish momentum. The price has recently rejected the 200MA, suggesting that this moving average will be a key resistance level on any bounce. Breaking above the 200MA at $0.146 would be critical for signaling a potential shift in momentum to the upside. The BB Power indicator shows stronger selling pressure than buying pressure, reflecting ongoing bearish sentiment. This adds weight to the downside risk, though a bounce remains possible if the price holds support at $0.125 and selling pressure weakens. Additionally, it’s important to keep a close watch on Kaspa since it seems volatile at the moment. Don't doubt the signs but hope for the best for a continuation in the upward trend. Support - $0.125 Resistance - $0.180 Fear and Greed Index (Binance) - 72 Greed
by LOWCO_487
BTCUSDT : IS THE STORM OVER ??Hello !! Welcome to the quick update of BTCUSDT. As of now, we saw that BTC pumped until 30600 all the way from 26700 thereby pumping the altcoins. In my opinion, we are still very uncertain as this might end up being a trap for everyone. I suggest everyone wait until it breaks 32000 and then we might see some bullish momentum. As of now, 32000 seems to be the first resistance. We also need to wait for the weekly close as I discussed in my last chart as that will decide if we can go further down or stay above 32000. There might be one scenario of BTC retesting the 32000 and again taking a dump until 29000 or the other scenario might be it crosses the 32000 mark and touch the 33700 level. The various scenarios are shown in the chart. The market is still very uncertain, and unstable and I would suggest everyone hold their patience and wait for a clearer picture and trade only after confirmations. As of now, please do not take any trades else you might end up losing your capital. This is not financial advice, please do your own research before investing and we are not responsible for any of your losses or profits. Please like and share and comment on this idea if you liked it.
by ScramblerG
BTC DUMPING : WILL IT SUSTAIN 37000 ??Hello, Welcome to the quick update of BTCUSDT. As stated in my last update, I think we are still not bullish on BTC as it has a number of resistance that it needs to break before hitting 48000. BTC managed to touch 40000, bringing a rally in altcoins. Unfortunately, It couldn't hold the 40000 level and it dumped badly and the altcoins also took a major dump. As of now, it is holding the 37000 level i.e. the major support. If it breaks 37000, then we may see 35000 to 33000 levels. I think it should hold this level as it is major support and we may see a pump until 38800. I think it's better we wait for the right moment to enter any trade and wait for confirmations. Please be safe with your positions and invest wisely. This is not financial advice, please do your own research before investing and we are not responsible for any of your losses or profits. Please like and share and comment on this idea if you liked it.
by ScramblerG
2
WHERE IS BTCUSDT HEADED : 33000, 35000 or 37000 ??Hello !! Welcome to the quick update of BTCUSDT. From a long time, it was trading between 37200 and 39300. We saw a pump from 37200 until 40000. BTC suddenly took a dump until 37000 again breaking the bear flag downwards. Unfortunately, BTC was unable to hold the 37000 level and it broke the initial support. As of now, BTC is tarding at around 35800 and I think more dump is incoming. As we can see in the charts, the respective resistance and support levels. In One scenario, BTC can come to 35000 and then pump until the next resistance R1, followed by R2 and R3. Whereas in the second scenario, it may come until 33000 and then pump until 35000 followed by 37200 and 39300. As of now, we are very uncertain and the market is very unstable. I suggest everyone to hold your patience and wait for a clearer picture and trade only after confirmations. Till then be safe and wait for the right moment. This is not financial advice, please do your own research before investing and we are not responsible for any of your losses or profits. Please like and share and comment on this idea if you liked it.
by ScramblerG
TLMUSDT DWINDLING SINCE LONG TIMEHello !! Welcome to quick update of TLMUSDT. As we all know the market is very uncertain and we are unsure about the trend whether bullish or bearish. I have analyzed the chart of TLM, it was trading inside a channel since long time but it broke it when BTC broke 38200 level. TLM made an all time low of .0695 and it pumped until .0770. As of now, it is trading in the range of .0748 to .0786. It is in a sideway trend as of now and may soon pump. We can enter the TLMUSDT trade only if it breaks .0786 level and closes above that. Below .0786 level, we are still bearish. In my suggestion, lets wait for the right moment to take this trade setup and see when the trend breaks. The desired entry level should be above .0790 only if it breaks the trend. The possible targets will be as below: .0839 .0884 .0918+ This is not financial advice, please do your own research before investing and we are not responsible for any of your losses or profits. Please like and share and comment on this idea if you liked it.
Long
by ScramblerG
BTCUSDT : DANGER ALERT !!Hello All !! Welcome to the quick update of BTCUSDT. BTC was moving in the range of 39300 to 40800 for a long time. BTC broke 39300 and tested 38200 and again pumped back to 40800 without any obstruction. It was unable to break the 40800 resistance and was rejected again taking the price all the way back to a new low of 37700. After taking support from 37700, it again bounced back until 40700 and is currently getting rejected. In the daily timeframe, BTC is making a bear flag and may be retesting i fear. The various scenarios as expected are given in the chart for both bearish and bullish patterns. Scenario 1: Retest to 40800 and dump again until 37000. Scenario 2: Enter the channel again, break 40800 resistance, and all the way up until 43000 then 48000. Please study the chart, take care of your positions and wait for confirm breakout or breakdown of the pattern. Be safe with your positions and save your capital for the longer term. This is not financial advice, please do your own research before investing and we are not responsible for any of your losses or profits. Please like and share and comment on this idea if you liked it.
Short
by ScramblerG
5
USOIL: closely monitoring..which direction going to go?Global uncertainty around coronavirus still present and oil price is pretty much under selling pressure.. ..according to the trend it seems logical to join bears if the price closes below the triangle chart pattern formed on 4h time-frame. However, if there will be any sign of positiveness regarding vaccine or OPEC members decide to cut the supply of oil the price should go up, so it's better to be prepared for joining bulls from a certain point. Enter/exit levels are on the chart, decent R:R in both cases. // Disclaimer: The published idea is my opinion, not investment advice. // Feel free to share your opinion/position via comment and follow me to stay updated + hit like button to support my work.)
FX:USOIL
by GIgor_021
SO, TO THE MOON THEN? OR MAYBE NOT?Let's get right into it. I was definetly wrong by expecting BTC to bottom out BEFORE some sort of pullback to the upside. That's what trading & investing is. You can't/won't be always right, and in case you were wrong, you SHOULD admit it and adapt to the most recent developments. During my previous analysis, I mentioned the possibility of BTC reaching 9.500-9.700$ and it worked out pretty well. I considered a bearish scenario as well, but it did NOT play out. From now on, my trading ideas will consist of TWO potential outcomes, because that's what I think you guys deserve and makes most sense. What I want to talk about in this analysis, is the log trendline which has been "broken to the upside". At least that's what the majority is claiming. When it comes to drawing trendlines, I've noticed that using the LINE-CHART is much more precise, because there is no room for individuality. By using the CANDLE-CHART, you are given multiple options, thus being less accurate. So I decided to draw this downtrend-line BTC has been fighting with for quite some time now, using the LINE CHART. And that's what happened: Notice how we're still inside the downtrend. I'm expecting BTC to test this resistance by any minute. In case we breakout, I'm personally aiming for a long position, targeting 11k (blue zone). Depending on how BTC behaves, the bull run MIGHT continue or we'll get back into the bear market, making a new bottom. The second scenario I'm looking forward to is a huge drop, once BTC reaches that trendline, forcing us towards a new low. Watch out for support levels at 9.000$ & 8.300$ I'll kee you guys updated here. Personally, I think BTC's ultimate low is yet to come, unless we get a sustained breakout above this blue zone. Happy Trading & nice week!
BITSTAMP:BTCUSD
by ShaheenFahmy
10
Patience is virtue with this annoying pairAfter forming a fakey bar on the daily time frame, this Forex pair took me out of my trade just to have another price rejection in which I did re-enter again a long trade. For four trading days, this pair has been going on sideways which was slightly tempting me to close the trade at Breakeven,.. not closing it was a good decision. Plus I also noticed the inside bar formation on weekly time frame. This pair has been trying hard to push the price higher and higher.
Long
by bearvsbullmarket
The trade it and leave it rule... why did I not follow it?I was alerted of this trade via my friend's analysis which I also deemed fit to enter at my own risk. At 2017.07.26, Dax retested the broken support (which was also the 8 EMA at that time) which resulted to a formation of a bearish pin bar. At the split second that I've adjusted the TP because of 'potential greed,' I have not kept in mind the possibility of such movement when the gap was filled. At the time the gap was filled, Dax, without hesitation, reversed to the upside probably for some breather. Sadly, it hit my SL which were adjusted to my entry levels.
OANDA:DE30EUREducation
by bearvsbullmarket
What's next for the British Pound?On several British Pound Forex pair, an ascending trend line on the daily time frame is on play. With them approaching the bottom of the bottom, are they to bounce or are they to break? In GBPNZD, we can see the it is consolidating at the bottom of the ascending trend line (possibly poised for a retest of the broken weekly descending trend line) which made it form a double bottom. However, if you look at the behavior of this Forex pair, it consolidates above a support (boxed) before descending strongly... did it twice. Watch for a signal to go long or short!
by bearvsbullmarket
What say you, Swiss Franc? (1)From the previous two trading session, the Swiss Franc 0.39% descended strongly against its major Forex currencies. An acquaintance of mine has told me that although no news of it was there, it seems that the SNB (Swiss National Bank) has intervened with the Swiss. When I started stock and forex trading, I've already heard rumors and sayings that the Swiss Franc 0.39% is a 'controlled currency.' Several Swiss Franc pairs have reached several resistance/support; after two days of intense decline on the currency, I'm expecting some pullback where it may give a better entry position to be able to enjoy the ride!
Long
by bearvsbullmarket
What say you, Swiss Franc?From the previous two trading session, the Swiss Franc descended strongly against its major Forex currencies. An acquaintance of mine has told me that although no news of it was there, it seems that the SNB (Swiss National Bank) has intervened with the Swiss. When I started stock and forex trading, I've already heard rumors and sayings that the Swiss Franc is a 'controlled currency.' Several Swiss Franc pairs have reached several resistance/support; after two days of intense decline on the currency, I'm expecting some pullback where it may give a better entry position to be able to enjoy the ride!
Long
by bearvsbullmarket
What's next for oil?I've been disgustedly inactive due to hectic school schedules as well as slow internet connectivity. For that, I will be publishing my rationale on why I entered the following trade. After several days of volatility from the Crude oil, the OPEC (along with US Crude Oil Stock/Inventory decline) has helped the Crude Oil prices to recover. However, looking at the technicality, it is again on the process of reaching the descending trendline. Are the efforts enough to push oil prices higher again? Will it be able to break this barrier?
TVC:USOIL
by bearvsbullmarket