BTC & Daily 21EMA 2016 Bull RunLook at BTC and how from Oct 2016 thru begining of January 2017 BTC NEVER CLOSED a Daily under the 21EMA...but did bounce off of it several times.
The arrow show where we are relative to 2016
BTC is due for a Daily 21 EMA bounce
Once it hits ATH it will retrace to the 61.8-65% Golden Fib Pocket
If you want to ride to the top, buy in at 13800 Daily 21EMA and rising...moving up daily so buy-in level will change
...or wait for the Weekly 21EMA Bounce in January
I see $21,500-$22,500 as a top-out point on this run..we'll come back next year and see if I was correct or not...
Buyingopportunity
EUR/GBP bullish flag formation (1H timeframe)On the EUR/GBP 1H chart we can see a clear bullish flag formation emerging so I would say there is definitely a buying opportunity at hand, the question is, will the price find the resistance again, come down to the support for a better entry into the market...?
What are your thoughts............?
ATVI Buying Oppurtunity NASDAQ:ATVI has taken a fall down below the 100 Day SMA. This has since formed a bullish flag with a similar line of upward diagonal that held dips in price in June and early September. The big drop in price is due to the pushback in their new WOW game release. However, the stock holds a lot of value and has continued to see increased sales through quarantine. Furthermore, the release of new game consoles for NYSE:SNE and NASDAQ:MSFT in November will likely further boost the companies sales. My first target for this stock is 81.82 in a couple of weeks and 85.84 by early November.
GOOGL Swing TradingNASDAQ:GOOGL has broken its trend channel and seen some major downside. Due to TikTok news and the tech slide GOOGL could possibly rally next week before facing more downside into the week of its earnings. Pictured are Elliots wave and its correction along, the thickest line was taken from the weekly chart and has proven as a key level over the years.
Silver forecast. Great buying opportunity upcoming.Today we have a look at the chart of silver on a daily timeframe. Since the March crash it has formed a cyclic pattern as observed on the graphic - during the first cycle of 93 days or 66 bars, silver touched the trend curve twice - once every 33 bars or 48 days. Starting from the beginning of the second 66 bar cycle, the metal has only formed the top after 48 days. Therefore, from all the said above we can expect a bottoming occur around September 22nd, where silver could touch prices as low as 20.80 (the trend curve). This is of course very unlikely that silver will go down to such extremes but it is theoretically possible. However, it is certain that we will see some sort of a sell-off coming to this date targeting at least 23.8, form a double bottom and skyrocket higher. Either way, we will get a good buying opportunity and closer to the day I will give out a futures long idea.
Investors that want to be short can rightfully do so with low risk and a tight stop at a close above 27.5 - the triangle resistance line. Both technical indicators are bearish, hence selling trading strategies can be applied. I personally prefer to stand aside in this situation and wait for the buying opportunity.
*Please remember, futures and leveraged trading involve a substantial risk of loss and are not suitable for all investors.
RSRBTC4H. Formation of a falling wedge in progress?RSRBTC4H has found support at the Fibonacci 0.382.But, if 'A' proves to be weak and I suspect it may give way, we could be looking at an opportunity to scale in some orders at the 0.5 & 0.618 levels. See how trend line 'A' was once resistance & is now support? Let's watch this zone like a hungry hawk too, there could be a scalp trade in the offering there for the bold. Also, a rather compelling forecast is if 'A' fails this may well confirm a falling wedge pattern in the making. That's going to be a rather tasty proposition...I'm neutral for now, RLCBTC is not at point of particular interest quite yet. But good to be prepared. Instinct, that life saving quality we all have tells me we have more downside yet.
Some of my in the know Crypto friends feel this is a coin with magnificent fundamentals and is destined for serious upside.
CHEK Check-Cap upside potential - huge volume!Check-Cap Ltd. is a clinical stage medical diagnostics company engaging in the development of ingestible imaging capsule system for colorectal cancer screening.
Net Income $-13,840,000, but an encouraging Quick Ratio of 3.69.
Looking at the volume, this asset can double its price is seconds.
on 5/28/2020 HC Wainwright Reiterated Chek Rating to Buy and the target is $2.00.
Not trading advice.
If you are interested to test some amazing buy and sell indicators, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
NSDUSD Buy Institutional analysisNZDUSD should go up from this point. I trade forex like the Institutions so it is a buy according to my analysis. If you seeing this now , place your trades immediately if you like what you see. Risk to reward ratio on this one is good and make sure to use good risk management as well. Safe Trading.
Potential Buy opportunity for GBPAUD/ Institutional trading According to my Institutional view of trading... GBPAUD will rally but before that I'm waiting for price to reach the area 1.79650, which is where I'm looking to place my buy trades as shown above (buy limit orders applicable as well). Then SL will be at 1.79069 meaning this is a low risk to high reward trade (Risking 55.8 pips for a reward of 279 pips). The TP area is at price level 1.82492, which is also a sell zone I'm looking @ to sell GBPAUD as soon as it reaches it (TP's 1 & 2 have been provided). Again risk to reward is very good and all the information has been provided on the chart .
Use proper risk management and safe trading ;)
Will this be a great VBIV buy in?I've been actively trading the recent VBIV bull run, and I still expect the bull run to continue from now until year's end. However, the stock is up over 100% in a very short time, and this may be the correction to this rapid movement.
I'm not actively trading this idea yet, but I will update the idea if I decide to short.
Remember folks, just ideas!
GBPUSD Entry Long Trade @ Daily ChartCurrent in a GBPUSD trade after seeing DB and an engulfing candle form on the Daily Chart.
Will be moving my Stop Loss when we hit our first target or 10Pips away from first targets. I have This trade Ratio @ 2:1R/R because I didn't want to open mutiple positions and monitor this trade going up!
Until Next Time, Happy Trading
XTZ buying strategy.Hello traders,
Today I am gonna be showing a two buying options strategy for XTZ, one of them is if the price breaks the All Time High with big buy volume, or if the price make an Pullback to test the former resistance as support. The price is bullish so we not short until the price is above this important support level.
On the chart we mark important informations as entry points, and our objective is the last uptrend short term moviment projection.
Please support this publication with your like. You are welcome to follow us on the Tradingview.
Best regard Sandro and Gustavo.
KAVAUSDT formed Gartley | Upto 102% bullish move expectedPriceline of KAVA / US Dollar cryptocurrency has formed a bullish Gartley pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.9124 to 0.7134
Sell between: 1.0689 to 1.4449
Regards,
Atif Akbar (moon333)
NZDUSD analysis higher chance for reversingMy opinion after analysis i expecting here from Monday bigger jump i price. The pair is be in consolidation, for now we can see low periodic moves higher, i expecting break and higher push up in price. price is saturadet, NZD one of strongest, USD is start losing power on Friday. Tuesday RBA have Interest Rate Decision which in my op will have impact on NZD can push him higher
ENTRY: 0.62950
TP: 0.63300
SL: 0.62600
If be chance i will upd TP2.
Chart time frame - 1D
Time for reaching TP - 8 - 72 hours
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All best!
EOS - HEADING UPEOS is climbing up in the potential channel. I am posting here a view on my wave count and trade channel.
Alsways keep in mind that you have to count that this channel is not unbreakable, there can occur a throw-over and peaked higher as the upper line of the channel shown in chart.
But even though is trading in the channel very strong weapon for your simple imagination, range of movements and support/resistance zones.
According to conditions of market you have to adapt your counting and set your mind.
In many cases is good to have an alternate wave count scenario and be able to react on the market at the right time.
My targets for the wave 3 are the red zones. Then I expect pullback in wave 4 and after we gain a momentum with good volume I am going for the wave 5.
Gold hitted sell break even now we are going long big time Gold hitted break even . Now its buy signal from fibo levels and other confirmations. After fact that it did not sold off, and hited our protective stop so we now for sure now it will run up.
Unfortunately its not good for economy. Because you know the reason. Hard times coming to people . Prepare and be safe.
Take care
GBPCHF LongRiding the recent bullish momentum on GBP after Ireland declared support to Theresa May's Brexit plan. Buying with TP near 1.30 (68.2 fib level) and SL @1.28651 (previous period 68.2 fib level).
www.express.co.uk
Daily:
Weekly:
Confidence: B (more likelihood of reversal because of strong downtrend on higher time frame -- aka I might have gotten too excited and entered early. Best to wait and enter by next week, but oh well..)