[BITCOIN] EW FORECASTWe have already said a lot during yesterday's session (see chart below), the uptrend may need some consolidation or it could be a real reversal as it happened in the past. With this in mind, we show our idea about impulsive waves, and from a technical point of view we do not exclude a return around wave (IV).
Yesterday we published our bearish setup on the daily chart, and from a technical point of view we only moved stop loss to breakeven keeping the same target.
If you think our analyzes are useful, support us with a simple "Like", thank you and trade with care!
Cheers.
OUR BEARISH SETUP
(Click and Play on chart below)
Bitfinex
Bitcoin (GBTC) short. (Instead of flying to the moon).All description on the chart.
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BITCOIN - Bearish Scenario (Head & Shoulders)Hello my friends!
What we can see on the daily chart is a classic Head & Shoulders pattern.
This is a continuation pattern followed by a strong move. We are also at a very important Support Zone,
which could break if enough sellers enter the market in the next two days.
We will open a position under the following conditions
Position: Short
Open: When Neckline breaks - Candle close below 7800.00
Close: Red Box from 6600.00 to 6800.00
Wait for a confirmation first!
I will update this chart accordingly!
THANKS! For all the positive feedback im receiving lately.
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Any opinions, chats, messages, news, research, analyses, prices, or other information contained in this Idea are provided as general market information for educational and entertainment purposes only
BITCOIN - Short Opportunity (Daily)The price is moving in the lower band of the Bollinger Bands.
We open our position (Short) in our Sell Zone (Red Box) located between 7940.00 and 8100.00 .
I'm expecting a strong move within the next hours/ days.
Our Target Zone (Green Box) is located between 7200.00 and 7400.00 .
I will update this chart accordingly!
THANKS! For all the positive feedback im receiving lately.
Leave a thumbs up if you like this idea and Follow me for more updates!
Disclaimer:
Any opinions, chats, messages, news, research, analyses, prices, or other information contained in this Idea are provided as general market information for educational and entertainment purposes only
Bitfinex Ethereum Trading IdeaThere is a tight channel forming at around 175 USD, with a channel going from that 172 potentially up to 182.
In the short term, up to the 23 October, I expect a small price increase to go up to the 174 level.
In the medium term we need to wait and see if there is a breakout on the 23 or 24 October.
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Bifinex Ethereum Trading IdeaThere is strong resistance at the 300 level, with a channel going from that 300 level down to 218.
In the short term, up to the 4th July, I expect a small price increase to go back up to the 270 level.
In the medium term I see continued downward pressure for the next two weeks, with prices going as low as 218.
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Monero (XMRBTC) short.All description on the chart.
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Monero (XMRUSD) short.All description on the chart.
Please, don't forget to like and follow.
Thank you.