$TSLA Dare I say it Tesla the comeback king, Dare I say that this stock has the potential to run further down towards the 340 range. Im not sure as this thing has been a runner, much like a lot of tech. If this does run towards overselling than this is the analysis I have come up with. I wouldnt be rushing to buy it tho but no matter what it is still good buy long term. Whats your thoughts? Buying on that dip was still a good buy but should you have sold on close, After hours may have just been to keep the rsi settled.
Bitcoin-gold
Digital Gold vs Old GoldThis triangle pattern has been going on since mid 2017 and is about to come to an end!
These pattern will generally breakout after 3 cycles of touching the highs/lows. My bias is bullish on Bitcoin as a lot of the DeFi hype will continue to lock in more BTC and more ETH out of the circulating supply. Bears will likely get exhausted soon and the following rally will be massive.
With all the uncertainty looming over the market at the moment and the continued stimulus by the FED, investors will continue to seek high yield assets to protect themselves against fiat devaluation and negative interests policies.
Looking for a weekly close above ~5.50 for a reversal and a clean breakout.
Eyes open folks!
XRPUSD Ripple | SWING - 29. AUGU. 2020Hello Traders Welcome Back.
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Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
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BITCOIN ( Next Big SHort )Here I share with you a peculiar way I have of working Bitcoin. This always anticipates the possible falls or rises in the price of BTC, just as it makes you see the good areas of Buys or resistance. How? by working it against Gold.
A possible drop in price is coming. I hope you like it and can take advantage of it.
USDJPY US Dollar to Japanese Yen | SWING - 24. AUGU. 2020Welcome to the Day Trading Setup
This is my personal view of price action
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Forex Swing
SELL USDJPY
Entry Level @ 106.166
SL @ 106.566
TP @ 104.163
(Remember to add a few points for all levels - different brokers!)
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GBPUSD Great Britain Pound vs US Dollar | SWING - 22. AUGU. 2020Hello Traders Welcome Back.
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Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
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SPXUSD | SWING - 21. AUGU. 2020Hello Traders Welcome Back.
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Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
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Bitcoin VS Gold CorrelationHi Traders,
Hope u got it ! Bitcoin and Gold have a very closely similar chart for now, Like BTC was correlated few weeks ago to S&P500, during the Pandemic Crash.
The Next incoming economic crash with Covid Phase 2 returns will be very interesting... we will know wich safe haven peoples will decide to invest in.
Follow Bitcoin + Gold to get a clear View !
Happy Tr4Ding!
EURGBP | SWING - 21. AUGU. 2020Hello Traders Welcome Back.
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Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
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EURUSD | SWING - 21. AUGU. 2020Hello Traders Welcome Back.
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Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
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GBPUSD | SWING - 21. AUGU. 2020Hello Traders Welcome Back.
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Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
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BITCOIN GOLD CORRELATIONAs much as we love to stare at charts and over analyze chart trends and lines, Bitcoin has often proved to be an exception. My personal opinion is regular chart analytics don't necessarily work when it comes to BTC. My short term prediction is a breakout . A great selling opportunity ahead in the next few days for short term and swing traders. Hopefully you didn't miss the recent buying opportunity.
I say this due to BTC's strange correlation with gold . And guess who has just changed their story - the Warren Buffet team (world's 15th most powerful man). Previously called gold an unstable asset and compared BTC to rat poison; he now invested heftily in gold ($563.6 mil) and plans to invest in BTC.
This is great for BTC confidence, publicity, but also great for the gold market. People often follow the big names. Therefore, lookout for the BTC GOLD correlation and right now, HODL until we see the breakout !
GBP/AUD - SWING - 20. AUGU. 2020Hello Traders Welcome Back.
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Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
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BTC/USD - BITCOIN - SWING - 20. AUGU. 2020Hello Traders Welcome Back.
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Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
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NZDCHF (August 16)This is NCHF on the 4 hour. We could be seeing a reversal on this pair. Using parallel lines (which this pair tends to respond well to) we can make a case for NCHF being in a key value area. Before jumping in, we will need to wait for the market to give us clear confirmation. I would be looking to get involved at a clear rejection from the 4 hour, or if we see a rejection and then a continuation pattern, which would be a better confirmation for a move back up.
CADJPY (August 16)CJ has been trading correctively for just over a month now. We have seen price break the expanding to the upside through an ascending channel. I would be looking to get involved at the break, targeting the double bottom area at 77.620 or even further, to the bottom of the structure.
BITCOIN VERSUS GOLD???Heavy sell volumes on spot exchanges such as Coinbase caused a fall in bitcoin’s price to as low as $11,299 Tuesday. Profit-taking is one driver of the dip, according to Chris Thomas, head of digital assets for broker Swissquote. “There are naturally some traders looking to take short term profits here, which is driving us lower,” Thomas told CoinDesk.
Traders were hitting the sell button on economic hedges Tuesday. Gold was in the red 5.6% and at $1,913 as of press time. Over the past month, gold remains up, having gained 6.4%. Meanwhile, bitcoin has appreciated 22%.
BTCUSD stalking gold?Hello friends, make sure to hit the like/follow button to show support on my analysis and check my previous ones . If you have followed me you may notice I only post Gold trading ideas. Well I started studying pair correlation along my journey with gold and it has been a rewarding experience.
There are many pairs that you can compare and contrast with gold: AUDUSD ; NZDUSD ; EURUSD ; USDCAD ; USDCHF ; USOIL ; XAGUSD
I will start to post trade ideas for these pairs here to keep myself accountable, if you have any trade ideas feel free to comment as I'd love to learn more about them.
As always trade accordingly and this post is for educational purposes not financial advice.
No Technical Analysis Just a Shill and a QuoteHey guys,
Longtime I haven't posted a Colorchart. I think it's time to through one out there, still not writing much (I hate it!!)
Well, as I just saw some FUD on $BTG going to ZERO, I did this ColorCharts for sky-blue Entries.
Whatever your decision is to get in or not at whichever price you think it's fair to risk some capital, I'm thinking that $BTG is underwater and the surface of the water is at $600.
The Colorchartist Law of Crypto Price Energy Measured in Fiat will alway be a Fibonacci Time Function Exponentially correlated with the ability of Central Bank to maintain a Binary Belief of Digit Printed on Papers while Digitization of the World via Crypto is Infinite but Capped with the finite amount of the Bitcoin Network with Satoshi being still Unknown such as Infinity.
#TheColorChartist #GBAZQuote #DontSteelIt #ItDoesntMakeAnySenseRight #JustThinkAboutIt
Bitcoin Dumps But Traders Still Bullish to $12,000 Into WeekendBitcoin’s price was able to rally to as high as $11,917 Friday before losing momentum, falling back into the $11,500 range. “Over the past day, bitcoin tested the level of $11,900, but it did not succeed, and BTC slipped,” said Constantine Kogan, partner at crypto fund of funds BitBull Capital.
One downward trending day is not altering optimism about the crypto market, added Koehler. “With bitcoin following gold as a store of value, and DeFi pushing ETH, the excitement is palpable in the trading community right now."
John Willock, CEO of digital asset liquidity provider Tritum, agrees. “Sentiment in the market is highly buoyant and generally positive market news is increasing confidence and aggression in positioning,” he said. “I expect to see bitcoin bounce back quickly to $12,000 with ether to $400 this weekend.”