Bigmove
XVG SMA 100 X SMA 200 + Support on RSISo the coming days there is a big trend.
The SMA 100 (Orange) is crossing the SMA 200 (Purple) = Long Term Trend
And there is a support on the RSI.
Take a big bag of Verge, its flying high... very high! ;-)
Enjoy.
30% Gain on $GSATI wish I would have remembered to post this before the move happened, but I forgot. So I will just show my entry and exit points and why I had them. I set my entry point based on the trend low of the previous uptrend. This is what caused me to catch an absolute perfect falling knife for entry. Price then steadily rose to try and test the trend high of the previous downtrend. The trend high level ended getting broken by a 12% move up. The move had high volume so I continued to hold. I ended up selling when the volume started decreasing.
BTC shortGuess who closed out too early :/
Had a not so great run recently and just wanted to get a decent winning trade in so closed out completely covering into the first 15m oversold bounce. The previous two times we'd broken to the downside the 15m oversold conditions had been bought right up and we'd gone on to regain the emas and push up to new highs. Should've seen some of the signs that this one could've been the bigger correction that's been on the cards for a while, a big trade on here if you saw it.
#LTCUSD Elrio strategy clearly showing long!BITFINEX:LTCUSD newly i came to know about the elrio analysis software,which just drive me crazy to new look of analysis world.actually i liked to do this analyse with the same software here but still in tradingview is not available... so if i be frank to you, i just did it in the bourse365.om and paste the result here for every body.. ow let i explain about the future price of LTCUSD and i can say with confidence that will blast the mind... as you can see and i tried to show every thing with lines and shapes...
now price in weekly time frame made falling wedge pattern and price with strong power borrowed from volumes of trades just crossed upside and right now facing 161.8% of FIBO that i think will cross and then will go toward the 3 targets i marked on the chart. i strongly believe even 3rd target also is available even in coming days!!! i just did same forecast for XRPUSD when price was around 0.75 and i forecast to reach around 2.2$ which happened in few days after my analyse..
anyhow, good luck every body and have covidless new year
Gold +6 Profits - Next Setup!After a successful week of 6 profitable trades & one breakeven we view our next position on XAU.
Are you can see there are a few factors affecting the current price of Gold.
1) H&S
2) Descending Channel
3) Strong support & Resistance
4) Critical News
The best approach to trading these levels are wait for a confirmation run in either direction. The target is our green boxes.
1) Look for a 1820 Support break
2) Look for 1835-40 Resistance break
With all positions engaged wait for proper confirmation to enter with appropriate stop loss levels & Take profit areas.