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BTC-EUR

double comba and then boomSometime i catch my self when always try to see when BTC will boom. So this is my new idea. We had an ABC correction. now i think it is impulse wave and it fails. then another ABC and all in all we have WXY correction pattern in the end of it everything is in the triangle and in the time braking triangle and downtrend resistance we going up with fire to the moon in the Lambos. So what you guys think about it. i think this is most possible way. Please feel free comment and share your ideas.
Long
by flipflopslt
BTC/EUR upside gaining traction?BTC/EUR has broken above major EMAs and momentum studies are bullish. We now see scope for test of cloud base at 10000 levels. Technical studies on daily charts are turning slightly bullish. We now see +ve DMI crossover. The pair has broken above 38.2% Fib retracement at 9198. Next major resistance lies at 100-DMA at 9938. Break into daily cloud could see further upside. While on the downside, we see bullish invalidation on break below 20-DMA at 7294. Support levels - 8778 (5-DMA), 8000, 7483 (23.6% Fib) Resistance levels - 9589 (Jan 28 high), 9938 (100-DMA), 10000 (cloud base) Good to go long on dips, SL: 8000, TP: 9500/ 9900/ 10000
Long
by FxWirePro
2
BTC/EUR breaks below 200-DMA, eyes 78.6% Fib at 5488BTC/EUR has extended downside after decisive break below major trendline support. The pair has shown a breach at major support at 200-DMA, currently at 6626. Technical studies are biased lower. We see -ve DMI dominance which supports further downside. RSI and Stochs sharply lower, momentum heavily bearish. 5-DMA is sharply lower and Bollinger Bands are widening. Close below 200-DMA will see major wekaness in the pair. Scope then for test of 78.6% Fib retrace at 5488. On the flipside, 5-DMA at 6897 is immediate resistance, close above could see minor upside till 20-DMA. Bullish invalidation likely on decisive break above 20-DMA. Support levels - 6000 (psychological level), 5488 (78.6 % Fib retrace of 2502 to 16457 rally), 4736 (Nov 12 low) Resistance levels - 6897 (5-DMA), 7832 (61.8% Fib), ), 8573 (20-DMA) Watch for close below 200-DMA, SL: 6900, TP: 6000/ 5500.
Short
by FxWirePro
BTC/EUR breaks daily cloud, eyes 100-DMA at 8933, short ralliesBTC/EUR has shown a decisive break below daily Ichimoku cloud, bias lower. Momentum studies are bearish, Stoch are sharply lower. But are approaching oversold levels so caution advised. RSI weak below 50 levels and biased lower with room for further downside. We see -ve DMI dominance, ADX is rising which supports current downtrend. We see scope for test of 100-DMA at 8934 levels. Violation there could see further weakness. On the flipside, breakout at 20-DMA at 11989 invalidates bearish bias. Support levels - 8929 (100-DMA), 7244 (78.6% Fib retrace of 4736 to 164557 rally), 5979 (200-DMA) Resistance levels - 11020 (5-DMA), 12000 (20-DMA), 13670 (Dec 27 high) Good to go short on rallies around 10200/10500, SL: 11200, TP: 9200/ 8900/ 7250
Short
by FxWirePro
1