BUL
$A god move coming~After the amazing impulsive move to an ATH we came back to the 61 fib line which is a great pullback and a healthy one.
~we are in a wedge rn and are looking at a breakout next week
~~Bull flag highlighted in white looking hella fine, hinting at a breakout happening for the bulls
~Red zone is SL
~Green zone is take Profit max
~white zones in between will be key resistance points.
~VI indicator shows momentum is about to turn back to bullish. With earnings coming up on the 22nd, this could be a run-up to earnings play
BITCOIN BULLISH HEADING UP TO THE NEXT RESISTANCEBitcoin heading up to next important resistance point that is between 49k-51k. Here is why:
+ It will close the CME gaps at 49k
+ That is a 0.618 fibbonacci level of the movewave
+ We have strong momentum to the upside after long consolidation
+ Weekly candle really wants it ;)
+ Fear in the market will turn to the greed again, to rekt the emotional traders again
+ RSI bullish divergince
+ MACD picking up
So far my Buy Zone from my previous posted idea is right, Keep that level in mind! GL
Date of the End of this Bull Run Theory.This is my theory on when this bull run will end. Im not a 4 year cycle believer, I believe on patterns and I like history data. I tried to analyze the patters of the dates, from what i discover there is a lengthening on the low to high cycles with a 52% added days on each cycle. My theory says that in 22 of November 2021 BTC price will peak, if history repeats. It might be not the exact date, but it can give you an approx. date on when this run will peak. Use it with combination of other indicators such as RSI and etc. Not a financial advice. Peace.
Honeywell due for a come up?1?Thoughts on a bullish move on HoneyWell? was looking to get in around 145, $145 call, Long, July 17. Breakout maybe, I've been hearing a lot about Honeywell lately with the quantum computing and such. Thoughts?
EURJPY looking to go a lil higherI have entered this pair some times now, made nice profits, yesterday i closed a trade going +50pips profit because i thought it was going to come back to breakeven! Now i think it's going further up, i'm in again!
what you think?? Leave your opinion in the chat!
Also, if you would like to join me in Telegram, here's the link : t.me/tradingbayfx
Have I missed the boat now? Most definitely not! Come aboard.Fellow traders, in my last chart, I accurately predicted the recent rises several days before they came about with the use of the Weekly Stochastic.
When I looked at our current position to see our progress, I compared the current weekly level with that of the past two trends.
From this level of stochastic in the previous trend, we had a 2126% increase and then a 1051% increase. Please understand that for the price to go to the following levels from current ($547) prices takes:
$2,000 - 265%
$3,000 - 448%
$5,000 - 814%
$8,000 - 1362%
You can understand that I am still very bullish at this point.
As additional confirmation, I present the MACD charts which shows us two things:
1. Within the next fortnight, we can expect the uptrend confirmation (blue bars appearing). Look where the last one occurred!
2. The uptick on the white MACD line show a likely bullish crossover above the signal line again within a fortnight. Look where the last one occurred!
Please do your own research before committing to any trade and base your decision upon your own finding, not mine!