Special Analysis for Bitcoin: Is Bitcoin prepare for bull run?Hello guys, in this technical analysis I want to talk you about why Bitcoin is so prepare for bull run soon? Now, I selected the Weekly and Daily timeframe.
Now, in weekly we see a Bitcoin bearish for MACD and price action, but there are a lot doubts that respald that a drop what a much traders hope, it's can be fake drop and the price is can to prepare to go to break up the simetric triangle from 2017.
But for this information we need to see in Daily timeframe, that is the key what Bitcoin do.
But in Daily timeframe, we see a reality so different than Weekly, because Bitcoin is now into this bullish rising wedge in formation and find up the Elliot Wave D, to later go to drop for the E to find down, and later we proyect for Bitcoin so bullish scenario reaching at $11,500 USD. That is a possible target to see in few weeks. Also the MACD is show us a possible buy!!! Now, if I asking you about if this scenario it's could be to pass. Are you prepare for there? Now, in that case that this rising wedge fail and broke down, we can see a Bitcoin so bearish until the $7,000 USD again. But, the key is in Daily timeframe how we see the trend key, structure and condition for midterm.
Centered Oscillators
This is a bullish divergenceWell, guys, in this updated of the techncial analysis we recomend firstly to closed up short position, So I earn 123 pips. Now, there are a possible buy zones, because for there:
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In H4 timeframe we can to identify a possible buy at the 0.618% of Fibonacci, and so, if you going in H1 or 30 minutes (scalping timeframe) also there show us a bullish divergence in the RSI or MACD, Also if you using the MACD + RSI that is a secure entry in long.
Also, as MACD there are a special to look up in MACD because we see that MACD is show us a bullish is now here than bearish, bearish is loss than bullish while volume of the MACD.
GBP/USD has a great opportunity for longerWell, in this technical analysis we have all news. Look: If you trade in H1 timeframe, I see a lot of bullish divergence what the price have force to continue up. So, it's basically important for us.
We have a large bullish rising wedge in H4 timeframe and it's so beautiful this chartist pattern. Now, there are a highly possibility to see a GBP so bullish in the next days, and now, fi you kept this position in long, I make sure you that you have all possibility for longer in this position only put in long posiiton. Because we are soon that GBP/USD is break up the rising wedge and we now completely the elliot wave correction E.
Now, making a see we appreciate an armonic pattern ABCD and that is an bullish indication + MACD bullish divergence.
Now, above of these screenshoot we see a nice structure so bullish for the next days that maybe it's could be extent from 1 week with few days to reach the $1.27 USD.
Also, I add 3 targets in the price label for see!!!
Now, as I make this operation in H4 timeframe I put a Target Profit near of 400 pips and a SL of 64 pips. Well my buy order limit is in the $1,2276 USD
Updates of EUR/GBP: That is all manipulationWhen I going to making the technical analysis, I see a bearish rising wedge, but this bearish risign wedge are the expectative what we hope so bearish of trend of trend, in that case we are int othe ascendent channel. But, this morning I see that we need to entry in short position because this zone what the price it, it's a manipulation and we don't to trust that we going to entry in buy or long position, institutiaonsl make that, it's important to me as fix to see what markets are invisible to become a visible to see it.
Well, if you see we idetify 3 bearish divergences:
1. price action
2. MACD
3. RSI
That divergence are hide and this is a signal or reversal of bear.
My best technical analysis is in H4 timeframe that is see better, well my objective of htis par is to find down 140 pips. But remember that in H4 we broke up this rising wedge, but eyes that is not a bullish, this candlestick in H4 are manipulation, but if you will see in H1 timeframe, it's a pure manipulation.
Now, today there are a fundamental that the technical analysis speak in our fundamentals analysis.
1. Coronavirus and Brexit continue to Dominate Pound to Euro
2. And obviously the news of German inflation picks up more than expected on service cost and it's making a Eurozone a disstrenghten of the leador Eurozone Economy and motor of this continent that is Germany.
USDCAD ShortUSDCAD could be a possible set up for a short.
DXY Head and shoulders looking very likely so on the back of this we are going to be looking t get in on the action.
USDCAD looks the best set up t take advantage of this as we can see EMA cross a key area of S/R.
We are just going to be patent with this one and wait for the cross to be confirmed and a nice bearish candlestick pattern to appear.
Let me know your thoughts and have a good week of trading!
EUR/USD has prepared for a bullish sentiment!!!Hello guys, in this technical analysis, I see that EUR/USD it's show us a possible reversin of the trend, in that case is bullish. So, it's very important to us to understood that. Now, In H1 timeframe, we see a possible formation of elliot waves ABC to later to change the microtrend in H1 timeframe. This is my elliot waves analysis
But, remember that in H4 timeframe we are into the soulder head shoulder inverted and the setniment are bullish. Also, lets me see too taht we are into a bearish channel in this updated what I do. There are a possible reversion of the trend in H4 timeframe to change the trend!!! So, it's very important to stay alert!!!!
An also, if you noticed down. In the MACD indicator there are a cotraction of supply zone and so, soon the bullers are cooming up.
And also, there will be cautions when institutinals make a manipulation of the zone, there are a highly possibility that institutionals do to entry in short to them believe to everyone continue in sell off and later going to up the price keep on the markets.
NAT imminent channel breakout/MACD crossFriday's daily candle closed above the 20 EMA which had been acting as resistance during the selloff since May. Just above the close is the upper end of a downward sloping parallel channel which requires a break of $4.8 to be a true breakout. With NAT residing above the 200 EMA, appearing to have put a bottom in at $4.25 and with the MACD signal showing a sharp upward move, I have to be bullish on this stock above the $4.25 level.
Disclosure: I bought some at the close on Friday 6/5/20 @ $4.72. You're also free to roast me if this one fails.
EURUSD Short10 and 20EMA cross confirming change of trend.
Doji followed by a bearish engulfing candle off the S&R.
MACD fast line below the slow line confirming bearish momentum.
I got in to this one before stochastic was oversold.
Going to follow price down with a SL just aove each recent swing high / low.
Got any ideas?
Let me know.
Updates of GBP/USD: Beware of Manipulation!!!Hello guys, in this technical analysis I found up a another armonic figures a BAT, So, the target is reach at 1.618% of Fibonacci, now, we find up with bearish candlestick pattern and so, it's mean a possible manipulation of this zone, I use my secret Fiboancci called Shark Hunters, well, it's never get us this pattern when we do in the morning a possible buy zone, but it's have a invalid because this is a price consolidated a little, so, don't put any long position in there. Because if you use any indicator as MACD or RSI there show us a bearish divergence, but specially in MACD we see a weakness of the price, and it's a possible go back into the bearish channel.
Also, I add my previously technical analysis of this par!!!
CERS MA MACD Histogram just turned positiveThis is a Bullish indicator signaling CERS's price could rise from here. Traders may explore going long the stock or buying call options. I identified 41 similar cases where CERS's MACD histogram became positive, and 34 of them led to successful outcomes. Odds of Success: 83%.
Updates of GBP/USD: Short movementIn this updates, I will going to make a analysis. Because I found out a bearish divergence in M30 minutes, but if you see in H1 timeframe, the trend is show us a continue sell movement, so price action its show the signal and MACD also too!!!. So, there are 2 indicators very overbuy!!!