Bounce
LONG - OMG - Trading OpportunityAfter a harsh fall, a bullish divergence seems to have formed on BINANCE:OMGBTC after finding support at the MA200, the R/R is quite good on this play, as we can expect a bounce back to formed highs with a tight stop-loss.
Entry: 0.0001075
Target 1: 0.0001130
Target 2: 0.0001183
Target 3: 0.0001266
SL: 0.0001035
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$BTC Second Target Reached #SequentialHi everyone,
The previous exhaustion point was too weak to reverse the price
It only formed a short consolidation pattern (Bear Flag) before another drop.
Now BTC has reached the second bearish target (on BITSTAMP)
The price is currently printing an exhaustion point S13 + A21 on daily chart and a S34 on the 12H chart.
These new exhaustion points should now lead to another consolidation pattern or a needed bounce as price is quite oversold now
Warning Points:
BTC is still in a bearish channel
A touch of the bottom line of the channel is still possible
Best!
MATHR3E
Sequential indicators:
MATHR3E TD Multi Sequential
MATHR3E TD Setup Trend
MATHR3E TD Sequential Fibonacci Extension
MATHR3E TD Aggressive Fibonacci Extension
MATHR3E TD Combo Fibonacci Extension
Sell: Parabolic move that usually fades.
After Gap moves like this, there is usually a pull back to half way, followed by a bounce into resistance, then a fade to fill the gap.
Strong sell after bounce.
Do not fall for the trap and buy.
MCD - decent risk reward ~$192Chart is fairly self explanatory. We have a high volume bounce on a multi-year trend-line (est. 2016). Last week we printed an inside week which indicates an indecisive market. I think we hold the bottom-trend, but if you enter without a plan, you could experience some drawback if we revisit the bottom-trend. Be patient.
LONG - DGD - Trading OpportunityRetest of the bottom of a flat cloud along with the MA200 on the 4h chart, volume has slowed down, so a bounce is probably coming.
Entry: 0.001562
Target 1: 0.001644
Target 2: 0.001723
Target 3: 0.001912
SL: 0.001515
CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position.
CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance 1.71% whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgement sums (including interest thereon).)
LONG - ADX - Trading OpportunityPrice managed to hold above the bottom of the 1D cloud.
Entry: 0.00000940
StopLoss: 0.00000892
Target 1: 0.00000992
Target 2: 0.00001036
Target 3: 0.00001201
CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position.
CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance 1.71% whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgement sums (including interest thereon).)