Bitcoin 44k within 5 days and 50k within 12 daysLets make that bitcoin!
Weekly green dot suggests we have bottom - 90% chance. I am putting a fat long here and gearing up for the move.
Funding rate is also negative, which indicates that we should pump within days but it can extend up even 30 days, however I am long with 15% of my portfolio and if we go down to 24-26k I will renter, but no way I am missing chance of long to 100k, prepare for the wave 3 ;) . Gonna keep that Long until 100k this year or next year 1st quarter.
There is possibility going lower, but it is unlikely, of course don't go all in on a single trade.
BEST
GBPCHFCurrently, the GBPCHF is looking bearish on the daily and hourly timeframes. However, before this move to the downside, we may experience a bullish retracement to the upside, and we can a clear inverted Head and Shoulders form. Therefore we may may capitalize on this move reactively to price behaviour with proper Risk and trade management.
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DXYAs we can see, the USD is losing momentum correctively to the upside. If we relate this to what we have in the EURUSD, it reveals a bearish reversal on the DXY in line with the divergence spotted on the MACD. However, we expect the market to make few more pushes to the upside as the Previous High poses a strong resistance for reversal.
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AUDCAD LONG POSITIONIn this long position of AUDCAD we have 3 level of TPs with partial exits including:
TP1: 0.931 with 70% partial exit
TP2: 0.9335 with 70% partial exit of remaining (21% of total)
TP3: 0.931 with 100% partial exit of remaining (9% of total)
and SL is 0.918
Notice: In half way of SL (when stop loss area Proceeds 50%) ( HERE IS 0.92 ) double your size and put TPs as bellow:
TP1: 0.926
TP2: 0.931
TP3: 0.9335
Wish you Profit and success
EURUSDVividly here, the EURUSD is trapped in a falling wedge which is soon to be broken, on whose course we will be capitalizing to the upside. However, the market may provide a final push to the downside to the previous swing point, thereby justifying the falling wedge pattern with a third touch.
Therefore, proper Risk management is required as we trade reactively to price behaviour at these levels.
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GBPJPYHere on the GBPJPY 10 Hour Time Frame, we are expecting an overall bearish swing move to the downside after break of trendline. However, we may see an impulsive break of the trend curve to the upside as price is currently in a bearish correction, to run-off liquidity; likely, a clearer price pattern may be formed for SHORT entry. Hence, we'll rather be reactive and not predictive on these moves, responding to price behavoiur at these levels.
NB: Same can be seen on the Daily Time Frame.
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Custom PM vs Cryptos chart heavily favors gold, silverHere is a chart I put together and have been keeping an eye on for some months now. I was able to predict the recent bottoming formation which has held up nicely. The chart is adjusted to reflect the current gold-silver ratio, putting them on equal ground, and similarly with the btc-eth ratio.
As you can see, the rise in precious metals versus cryptos has happened significantly in the past, by some 637%.
I know people want hard numbers for this prediction, but that's impossible since there are 2 main factors: The price of metals and the price of cryptocurrencies (namely the top 2 here). Maybe one goes up and the other goes down, or they both up but relatively one more than the other.
What one can surmise from this chart however is that it currently looks still very bullish for precious metals versus cryptos. This is backed by fundamentals such as the shifts taking place with basel III, metals held in an extended accumulation phase, and bitcoin and etherium coming down from it's blow-off top.
HAI reacting on market changesHello! Today the market shows good results and if you are looking for making most profit out of it, I recommend you to diversify your funds on some amount of small tokens such as HAI and not volatile BTC. There are some points of interest that I've looked into and layed out for you some good starting positions. And surely now is the time to join. Look closely on price volatility and enjoy!
IndiaBull Housing Finance going for a high rise !!IndiaBull Housing Finance going for a high rise !!
Its seen that the fundamendals of the company is strong and can have a great bullish run for a Swing and Long Term Trade.
LinkChain is Falling at its buying Zone.Hi Folks Bilal Here. after A Successful first analysis this is my 2nd analysis and this is on LinkChain . The Chart is perfectly making Falling wedge pattern which is a power bearish chart pattern it indicates the the Link will fall. in next 2 days. I mentioned the Buying zone entry on the chart.
I will update you guys time to time for more precise analysis.
As Always thanks for intresting in my chart pattern.
Please hit the like if you like my idea.
NFA
Bilal