BRC
Don't get trapped buying the gap ! free fall below 25 Ema !Sup Bitcoiners,
Weekly candle is holding right above 25 Ema support and it can take a nosedive to 99 Ema around ( $8300-$8600) prices if it breaks or closes below 25 ema ! Macd is about to cross on weekly and that is some serious bearish signs ! we can still get a correction before next dip but i'm not sold on this yet ! whales plan is to fill the gap and take the price lower since the whole world has orders @ CME GAP ! patience is key here ! Do not forget to put more buy orders @ 99 ema on weekly tf ! Good luck ...
CRYPTO ALWAYS DUMPS 2X FASTER THAN IT PUMP !
BITCOIN IS NOT BULLISH UNTILL IT CLOSES A GOD DAMN CANDLE ABOVE $12359.00 AS I HAVE MENTIONED SINCE JULY 28 !
DOESN'T MATTER HOW HIGH WE GO , FINAL TARGET ON 1 YEAR CHART IS $7156 !
Bitcoin Next Targets ! Its clear as crystal ! CME 2020Bitcoin CME Futures monthly chart ! Clear path to the targets highlighted in green ! First target $10500 . We rejected the close of 2019 Candle and this is a simple candlestick trading strategy ! It’s invalid if we close above $12359.00 and that will bring bulls back In the game to push the price to ATH!
NEW HYPE 2020 Looks to start ! whales enter before halving..!I expect that this can be the start of new hype btc 2020, as the halving coming over some days.
--> binanace whales have test the wallets some days ago. when they enter the market btc will explode. as i did add in my before post the mx effect are still high.
Maybe i can say : welcome to new bullrun 2020!
Soon more updates with targets ---> expecting 8.3k will get hit.
if you want get faster updates about btc and other coins see my telegram channel at my tradingview page.
@ omisego will be one of the best coins for long term, the founder of ETH have writte the white paper, and there comign great updates soon, where i expect the eth founder will add info about it.. just follow the project omisego.
Have good day!
THE GOLD CHART BITCOIN ABOUT TO BREAKOUT 7800 TREND BY WHALES EFdepens on new study at btc whale effect, its possible that we will hit next time the 7800+ trend.
there is strong effect, as the most know bitcoin block reward halving on way.
---> MX-650 are at this moment active. i will follow further trends and will update it to chart.
--> expecting a breakout to 7800 usd any time depens on this info.
# this is not an advice, trade on your way, and know your risks.
Have good day all!
NZDUSD 4H LongPair: NZDUSD
Timeframe: 4H
Direction: Long
Reasoning: Price has made a bullish market structure on the 4H making a higher high and higher low, as well as looking bullish on the higher timeframes. Price is also above all three EMAs (21,50,200), with the faster ones crossing above the 200. Entry is at a bullish fib zone, plus a BRC of a previous high and the EMAs.
Bitcoin Today: will we take 9250 or not??Price
Even though the median daily price is higher than yesterday, BTCUSD did not manage to break above the 9250.0 level yet. A breakthrough above the 9250.0 level will lead the pair to its main at this point resistance 10000.0. Bullish Trend Line and 8800.0 – 9000.0 zone should act as a support. If the buying pressure is not enough to break above 9250.0 level, the price might go into a longer lateral correction in the 9000.0 – 9250.0 region.
Today forecast
Possible upward impulse to the 9500.0 – 10000.0 zone. In case of rebound from the 9250.0 – lateral movement in the 9000.0 – 9250.0 corridor.
Latest news
Goldman Sachs Will Launch a Bitcoin Trading Desk. Goldman Sachs will launch a bitcoin trading desk, the investment banking giant confirmed on Wednesday.
The New York Times reports that the firm, one of the largest financial institutions in the United States, is preparing to begin using its own funds to sponsor a variety of investment contracts tied to the bitcoin price and hopes to eventually trade “physical bitcoins” directly.
The bank has been rumored to have been planning to set up a cryptocurrency trading desk since last December, but executives and spokespeople claimed that those reports were false. Indeed, as recently as April 23 — when the bank hired cryptocurrency trader Justin Schmidt — the bank claimed that it had “not reached a conclusion on the scope of our digital asset offering.”
However, the bank has now confirmed that it will begin offering its clients a type of futures contract called a non-deliverable forward that will be linked to bitcoin — an asset which Goldman CEO Lloyd Blankfein called a “vehicle to perpetrate fraud” last November.
Coinbase Set to Offer OTC Crypto Trading Desk to Big Investors Coinbase created the GDAX platform for institutional investors in 2014. With this new over-the-counter deck, it appears the crypto exchange platform has set its sights on an even bigger class of clientele. Large volume crypt trades occur on OTC trading venues to avoid any adverse impact on the market.
OTC trading decks have been growing steadily in recent times even though regular volumes remain flat. They are relatively common in equity as well as futures markets.
CAD/JPY Are we in the Bullish Cycle?!! Next stop the 90.000 As I've been trading and observing the market catching some really obvious set-ups on the Euro's & Raw Reversals on the GBP.
For now my eyes are fixated on CAD/JPY, seeing how the high GDP Growth on the CAD has aroused the Investors to feel extremely confident with the CAD and on top of the fact that Trump himself said there's no Trade Tariffs with Canada - meanwhile countries such as China, Russia, and many Europeans countries haven't set out boarder lines or trade Tariffs with Canada makes it an even more reliable source for investors and that's largely due to the fact that Canada is one of the worlds biggest Energy & Agricultural Food Product exporters - Not only with the US but the whole world.
Reason why I'm looking at CAD/JPY Specifically, and not other cad pairs such as USD/CAD or CAD/CHF is because the JPY itself has gained weakness, as investors buying this market have pulled out with no momentum left to keep it rising up strongly against the CAD.
Seeing how CAD/JPY has also broken above major Technical Price Levels (83.300) & (84.250) then we can almost see this breaking above the next Major Technical Price Level (85.700) and closing above it, as I do see this running up to the 92.000 levels.
But seeing how CAD/JPY is currently reacting, consolidating on every time frame we can confirm that it's at an exhaustion level right now, and we should expect a re-test back to the lower side in order for the CAD to rebuild that momentum and break above our next resistance and close Bullish above it, which currently is priced at (85.250-85.400).
The next re-test should be expected at the previous resistance, which was priced at (84.240) but even then, we should expect a brief break below that level perhaps to the (84.000) back to the round numbers that we know banks tend to reverse price within.
That being said - I do hope the community has a rough idea of what expectations we could have with the CAD over the course of the next 2-3 Months, till we get to the 90.000 levels.
CADJPY LongTimeframe: Daily
Confluences: Broke up through a bearish descending TL, and is now retesting that TL in a bullish fib zone and a retest of the previous broken high. A couple of big bearish days made up this C leg, but now it is showing deceleration in this possible reversal zone to go back up. It is also finding possible support in the 21/50 EMAs. 4h chart is also finding support at the 200 EMA.
News: BoC rate decision occurs tomorrow morning. They are expected to increase the interest rate, which should prove bullish for the CAD and be in favor of this trade. However, if they raise it but make dovish remarks about monetary policy, the reaction could actually be bearish, or less bullish. If they don't raise interest rates, I expect this to go very bearish and most likely hit SL.
BRC - Support breakdown momentum short from $33.83 to $27.21BRC forming very nice momentum short setup. In the weekly frame its breaking down key support label. And Moneyflow deep in the negative side. We think it has good down side potential
* Trade Criteria *
Date First Found- June 28, 2017
Pattern/Why- Support breakdown momentum short setup
Entry Target Criteria- Break of $33.83
Exit Target Criteria- $27.21
Stop Loss Criteria- $35.77
Please check back for Trade updates. (Note: Trade update is little delayed here.)