ETHBTC Weekly Idea.Hey! I wanted to post some ideas about Ethereum and this bullrun, let me start saying we've seen ETH run after BTC tops, so IF and let me clarify this, IF BTC has already topped, we might be initiating ETH launch countdown.
We've followed this Channel after the ETHBTC capitulation, as you can see, I have a logarithmic scale on my chart so if you wanna draw this one on your acc, make sure Log is ON.
Since we've been on this channel we've lost it twice, weeks after we've topped the channel, or whenever the price is below 20W SMA, as you can see now, we've come into our channel and could be retesting it, if we retest it and BTC doesnt go "kaput", we might be visitting the top of our channel once again.
Its about a 50% from the retest against BTC...( 0.05 )I think that's kinda crazy... so before that we first have to overcome the middle of the channel resistance, as we can see, the price trends to rally for a little bit to come down into the lower part of the channel, that's a big resistance which also gets supported by a 0.5 and a 0.618 fib retracement level (you can see the red line where it crosses with it).
If we manage to overcome that obstacle then we could see a big green candle, just as previous times.
I hope you guys could take use of this chart! be carefull tho.. this april is gonna be a little tough
Im trying to get into the chat, I think you can make it there without paying idk... either way I'll keep posting charts like this.. sometimes I just sit on the 1min chart and start drawing stuff, would like to post it like Euro Motif and Stallion, great guys! I always read them!
Would love to read some comments about it tho!
Chatpatterns
ZILBIDR - Long Position (16/03/2021)I take long position in ZIL
Why ?
- There is a confirmed pin bar candlestick
- I set the entry to 23.6% fibonacci retracement
- I set my take profit 61.8% fibonacci retracement, confirmed by the trend line that it still make sense
Midrange trade idea for CAKEBUSDIf BTC trend lets, CAKE may revisit its resistance areas one by one.
GBPUSD LONG IDEADo your own analysis ...
Dont Forget Moving Stop-loss At Break-even
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. You must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Trading Plan #BTCUSD (LONG)Hey Guys! Like and comment if you like the content. 👍 Subscribe will be a lot of interesting 👌
On the coin on the D1 chart, the figure of a head and shoulders is turned upside down, I assume the coin will grow to around 13000
DISCLAIMER:
The opinion of the author may not coincide with yours! Keep this in mind and consider in your trading transactions before making a trading decision.
Weekly USDCAD ANALYSIS...Do your own analysis ...
Dont Forget Moving StopLoss At Breakeven
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. You must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
GBP/USD COMMITMENT OF TRADER GIVING AN EDGE FOR SHORT POSITION!!This is a quick break down of GBP/USD . i love this setup for the week. this setup looks similar to gbpjpy couple weeks ago.
thanks for following and comment if you have any question. like to support for more creation
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AUDCHF 4H Timeframe AnalysisAUDCHF has potentials of forming an impulse to the downside.
🔭 I see a breakout from the formal ascending channel and a Retest already at 0.5 fib.
📉This analysis creates a sell signals. I expect wave 3 to unfold.
🔑 Remember, wave 3 can never be the shortest wave in an impulse.
I'm glad to contribute to your trading decisions... You can thank me later 😎
Ether Update | Possibilities... | Comment your viewIf you are following my updates, you had an idea of current dump is due to breakdown of of Symmetrical triangle, i have marked the possible dump and a red line of target however that time i was seeing bullish side but corrections and profit bookings are much necessary for a healthy market and it is the way it works, it is usual.
Here is my last update
# According to the chart we have not opened any long positions because pennant does not breakout.
# In case you have traded breakdown it was a 5% straight down.
# I am not bearish on it because corrections are much needed things.
So now what ?
I have marked the green area below and it is a good level to buy back. It is also a support zone of Weekly Chart. Here i am not saying that we are going to get those levels but in case the price fall be ready to buy in that zone.
If we jumped back from that area the targets marked are still possible however that can be a swing trade and not a quick profit.
If price broke through the green zone we may see the below targets, well it is not the time to do detailed analysis for downside, we will do it after getting which side current scenario is turning to.
Note: It is just an overview on ETHER possibilities. It is not a financial advice to trade or invest. If you do it will be your choice.
If you think this short analysis gives a better view. Please support this idea by giving a like on it.
UsdJpy Daily trendline + Bullish harmonicUSDJPY has been bearish as projected in my last post. We are looking to see UJ reach the D point where it meets a confluence of a D1 trend line as well as an H4 bullish harmonic. Rally of price is expected strongly at this D point. I expect level 3 behavior at that point culminating in a strong buy.
Daily Bullish Signal #CHAT #CHATBTC (19-09)#CHAT (CHAT/BTC)
Buy : 315
Flash Sell : 330
Short Sell : 350
Long Sell : 360-380-400-420-440
Stop : 275
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