The BULLS are swinging back into action!!?Possible Inverted Head & Shoulders formed on the 1HR TF. Price is currently testing 1HR Resistance. Bitcoin may be in for bullish movements towards 9420 - 9435 Zone. Currently awaiting possible retest to recently broken resistance level.(9256.50) What do you think Bitcoin is about to do?
Bullsignal
CADJPY LONG
-CADJPY has retraced to the 50% fib level on the daily chart and consolidated there for a few weeks.
-there is bullish bias on the hourly. Bullish divergence on the 4H and hidden bullish divergence on the Daily
-I’m looking for the perfect opportunity to enter a long position on the hourly.
I’ll update if and when I enter!
Good luck !
CL1! - Crude Oil - WTI - H1 - IntradayCL1! - Crude Oil - WTI - H1 - Intraday - BUY
We have a Bullish Trend continuation with a Double Top pattern on the H1 chart,
now we are waiting for a Pullback on the 0.236 Fibonacci Level to consider to enter long.
If you you want to be more secure you can enter @ the breakout confirmation
on the previous Swing High @ 33.00$ after the pullback befor to consider to enter long.
Our target will be beteween the - 0.618 Fibonacci Level @ 36.00$ and Resistance Zone @ 37.00$
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Entry: 30.75 | Stoploss: 29.75 | Takeprofit1: 33.25 | Takeprofit2: 35.75 |
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Disclaimer: All information and ideas provided is for educational purposes only. It is not a recommendation to buy or sell.
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Possible Trend Lines that Bears and Bulls Can Agree OnFirst off I was going to make this a private idea because it is long term.. and if you follow me then you know I DO NOT like long term predictions. Intra-day clues and signs are much more valuable to traders like me, but today's end was so crazy I thought it might be a move that is following a longer term trend. It definitely made me go "hmm".
What Happened:
Listed are trend lines that I think are possibilities. It is NOT a coincidence that we ended near the gap from last week... there are no coincidences in the market. This fits within a softer trend upwards.
So Where to Now?
From here we could get a bounce up (I like 288 pushing towards 292) or further down if we wish to test some important values. 283 right off the top of my head would be the next move, but there is still room further down if the market so desires.
Bullish or Bearish?
We should remain bullish on SPY until we close daily below the 20 period moving average. Now this does not mean that I am bullish every trading day, but on the grand scheme of things yes. Tomorrow I would say that a gap up is very possible but watch the Asian markets for an idea of what's to come. Could be up, down, sideways.. who knows!
Please comment comment comment.. I can never have too much input on my ideas!! Also check out my previous ideas to see that I am a pretty good trader. I called this down movement today and I plan to forecast what's coming next as well. So give me a like and follow :D
Bullish Entry on MicrosoftNOTE:
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SUMMARY:
Getting a long signal on Microsoft (MSFT). Can tech continue to rally here despite other sectors weighing us down? Let's hope the open tomorrow brings only green!
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STRATEGY USED:
Silver Scalper
Trend Confirmation = Range MA
Entry Signal = Bull/Bear Power
Exit Signal = Bull/Bear Power OR Range MA
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DESCRIPTION:
1. Range MA is showing an uptrend (Green bar color).
2. We recently obtained a Bull signal from Bull/Bear Power prior to the days close.
3. Since our trend indicator is painting an uptrend we will be using that Bull signal as a long entry signal.
4. Looking at the support levels S1 and S2 for potential support.
5. Looking for resistance at R1 and R2 if we do move up.
#BTC/USD 7.6K Incoming!!!!!!!In my previous chart I speculated 7k is incoming. It took a bit time with all those bounces and the rejections around 6800 are. Finally we broke above 7k what's really important is to close above 6926 (200D MA). If we manage to close above the 200D MA then we can expect 7600 soon and then a healthy retracement around 7120.
I'VE PLOTTED 2 SCENARIOS THAT COULD PLAY OUT , THE GREEN ONE AND THE RED ONE.
GREEN ONE IS HIGHLY LIKELY IMO.
Hope you all are learning something new during this time.Stay home stay safe.
Let's wait for now.
Stay tuned.
#Peace
XRP/BTC Inverse H&S Long OpportunityXRP BTC looks prime to me.
First reason being it haven't been pumped yet.
Secondly, It is forming an inverse Head and Shoulders in 4 Hour Chart.
The breakout seems highly likely to me. Besides BTC seems to be into retracement.
I'll long on the retest of the breakout.
If this idea gets Invalidated I'll let you know before hand.
Please hit the like button to support me.
#Peace
Bear pressure running out? Weekly indicators bottomingThe RSI and MACD on the weekly are starting to bottom out and show oversold conditions. I still think we have some room to drop possibly, but it seems to be a dangerous zone to trade at this time.
I'm going to wait to see the RSI hit 30's and the MACD start its reversal on the weekly chart before entering long positions. Until then, there is little liquidity in the market and higher risks of gross manipulation and/or wild moves.
Time to put attention on Stellar (XLMBTC)Hi, Guys!
In this new study by Stellar, we looked at the established high channel and increased volume.
At the moment, despite the widespread drop in cryptocurrencies, there is a good chance of maximum support at 0.00000780. And we are close to that point.
By reading the bullish channel, it is still possible to go a little further down to 0.00000750.
If support is confirmed, a new bull race will take place this holiday season, a great profit opportunity to start 2020 well.
Thanks!
Shaman
AMZN Amazon LONG Opportunity AMZN has seen a retracement of 75-80% of the recent move up and this aggressive move down has come without any retracement.
Also we have the MA200 at 1750 where the stock had put a reversal back above the MA200.
We should see a decent move up on this stock as long as above the MA200 and expect this to reach 1927.
Any daily close below the MA 200 will get me out of this trade
BTC/USD - bear market over?!BTC/USD is current breaking out of a large weekly descending gann fan line. A solid daily candle break could very well be the signal of the end of the bear market. Alts seem to be realizing this as well. Good time to buy.
Blue triangle indicates the current range.
Green box is buy.
Red box is sell.
Blue line indicates major resistance.
VERGE (XVG)TIME FOR A CHANGE? Bears in control but for how long?VERGE ( XVG ) has been in deep fall for the last months, huge drop on the price and the general Cryptos market situation doesn't really help, but there might be some rumours of improvement on the price, here's a possible quick trade idea, using the 4 hours charts and the daily combined we have notice some signals..
We see a supporting ascending line starting on the 14th august that could indicate a top bottom , it did take advantage on the oversold situation on the day and recover to a price to a 278 satoshi on the 2nd sept, at the time of writing the price is been 3 days red (214satoshi), that could create support and bring the price to recover back to the 278 satoshi area, is also possible the continuation on the RSI oscillators to bring again the volume up and aim to targets on the 350 satoshi in the next weeks, the great picture on the long run might be different, expect some resistances and possible drops if the conditions changes in the next days.
If the support line will be broke, expect a huge drop, we recommend to look to this level and set your stop loss accordingly.
Hope this will inspire some new ideas, don't forget to hit the like/follow button if you feel like this post was helpful, that's the best way to support us and our work.
Happy trading days
C-Monkeys
VERGE (XVG)TIME FOR A CHANGE? Bears in control but for how long?VERGE ( XVG ) seems in deep water for the last months, huge drop on the price and the general Cryptos market situation doesn't really help, but there might be some rumours of improvement on the price, here's a possible quick trade idea, using the 4 hours charts and the daily combined we have notice some signals..
We see a supporting ascending line starting on the 14th august that could indicate a top bottom , it did take advantage on the oversold situation on the day and recover to a price to a 278 satoshi on the 2nd sept, at the time of writing the price is been 3 days red (214satoshi), that could create support and bring the price to recover back to the 278 satoshi area, is also possible the continuation on the RSI oscillators to bring again the volume up and aim to targets on the 350 satoshi in the next weeks, the great picture on the long run might be different, expect some resistances and possible drops if the conditions changes in the next days.
If the support line will be broke, expect a huge drop, we recommend to look to this level and set your stop loss accordingly.
Hope this will inspire some new ideas, don't forget to hit the like/follow button if you feel like this post was helpful, that's the best way to support us and our work.
Happy trading days
C-Monkeys
LOOMBTC up 80% since bull signalLoom btc up 80% since the Bull signal on 25th June. Bull signal when indicator crossedover 50.
BQX bull signal today 38% gainBQX bull signalled today, potential gain 38%. Indicator signalled Weak bull when it crossed over 50.