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GRASSHOPPER's HANDGOODDAY BLESSED PEOPLE !!! Here is my ART about NZDUSD. NZDUSD SHORT ENTRY : 0.69250 SL : 0.70400 TP : 0.67200 RISK & REWARD : 1.73 : 2.90 NOTE: 1. I'm a SWING TRADER so for all the analysis I made, took more time for the result. 2. Trade safe, u dont need to follow my TP, take ur profit as long as u want. 3. Always move your SL above profit, there is no reason to risk capital. Disclaimer : this is my trading anlysis, it is not an invite or recommendation to trade.
Short
by RionZealouzsKurniawan
Potential 2X trade on PayBTCHigh risk trade idea here. In my last post, we entered at .006. Target was .001 (23.60% Fib). We reached that target and closed. But because we broke the ascending triangle, a breakout even higher than our target occurred. We closed several daily candles above .001 and are now sitting on that support. If we bounce here, we'll go to .0019 and almost double our current entry price. On the other hand, if we collapse, we'll lose nearly half. Maybe more. Warning! This is a high risk trade. Enter at your own risk. The signs are there but as always, we look to our leader, Bitcoin. Be careful. Don't throw more money at this than your tolerance level will allow. And you may want to wait and watch what Bitcoin does first. Follow my indicators posted in the chart above. Happy trading all!
Long
by stewdamus
7
If Bitcoin does this, we'll go to $4800+Let's play a game. Count the ascending triangles. Do you see them? There are 3. The first two are history. We obviously broke out. We are working on the the third and final. If we break above and close higher than this last triangle, we'll go to $4800. The second ramification of this potential breakout would be the formation of a new BULL channel. I've outlined it in BLUE. This is obviously a steeper and much faster paced upward slope. Confirmation of this final target before consolidation is a close above the third ascending triangle. Watch closely. I will put nothing past these BULLS. ...But then consolidation. Caution is advised. It's coming. Happy trading all!
BITSTAMP:BTCUSDLong
by stewdamus
5
Litecoin move up happened. $57 target. But when?The move up happened as anticipated hours after my last post on Litecoin. We recently hit $50 resistance and ran out of steam. You could've sold there if you were watching or had your trade triggers placed. We have and are now consolidating a bit and will continue to follow BTC before pushing higher. Over the next day or two I expect more sideways movement and possibly down to the $46 support. Be ready to buy here. I doubt we go lower. As a swing trader, my current target is the last ATH of 57.75. I will put in my trade triggers for this target price, however long that takes. I will then sell, wait for consolidation back down to around $52.50 and start my buy back for my long term target of around $75. More analysis will come when the $57 target has been reached. Happy Trades y'all!
COINBASE:LTCUSDLong
by stewdamus
4
Chart Request : Twitter - A Longer Term ViewThis is a monthly chart of TWTR . The last candle on this chart is the January candle. January is only half way over so this candle will change from here. This idea is based on the candle that exists on this chart. I have no way of knowing what the January candle will look like at the end of January 2016... TWTR saw its highest stock price in December of 2013, just after its IPO. TWTR is now experiencing it lowest stock price. If you ever bought TWTR stock and are still holding it, you are losing money. The first thing I will point out about this chart is there is no green uptrend line. Which means there is no uptrend over the long term... You should not invest in stocks that have a chart with no uptrend lines. If you can draw an uptrend line, you should only stay in the stock if the price stays above that uptrend line. Some say TWTR and FB are "similar" companies. Weather you believe that statement or not isn't important. But lets remember that FB also had a tough time beginning its green uptrend line. In fact it took about 13 months after the IPO for a long term uptrend line to begin. Looking back, it wasn't hard to see. But I will admit that I too missed the beginning of the uptrend and lost out on some profits. Which just confirms the reality that catching a turn around is pretty difficult. In order to catch a turn around in a stock you have to take chances and you have to be nimble. You have to be willing to get out of the stock if it doesn't react the way you want it to. For instance, if you bought TWTR on Tuesday with the expectation it will not drop below this month's low of $17.27, then you are agreeing to sell if you are wrong. If you are that nimble (most people are not) then give it a shot whenever you think the time is right. Personally, I will not try to catch TWTR at its low, I will wait to see if there are ever two candles in a row with higher highs and higher lows. I would not worry about catching the bottom. I would worry about catching the uptrend when it shows itself. If TWTR is going to go higher in the long term, it has to get above DT 2. After DT 2, it will have to get above any horizontal "Resistance becomes Support" lines and DT 1. You just have to watch the chart and see where the candles are going. At the moment, I don't see any reason for a long term investor to be invested in TWTR. Thanks for the chart request. I hope this chart and explanation helps.
NYSE:TWTR
by TheTrendLineInvestor