XRP/USD: Entrying to the phase #3 Elliot Wave AnalysisXRP it's ending the phase #2 of this Elliot Wave cycle and we're near to begin the phase #3. XRP could to reach $2 USD very soon as I believe that there's some big news that we should to note that XRP has became most popular cryptocurrency in UK during this week.
I'm optimistic with XRP like investment for long term. And also, I interesting more in this cryptocurrency than any other. Now, remember, don't wrong on this cryptocurrency, at least, XRP could to entry into the top 5 best cryptocurrency by coin market cap, and also, XRP it's a competitive cryptocurrency where many people has XRP out of radar.
Guys, if you find up that this analysis it's very interesting to take in your hand, you can to share this analysis with others collaborators, crypto-enthusiastic and XRP Holder that may to interesting it.
Dailyanalysis
USDJPY DAILYUSD/JPY: Retail trader data shows 26.08% of traders are net-long with the ratio of traders short to long at 2.83 to 1. The number of traders net-long is 1.43% higher than yesterday and 19.25% lower from last week, while the number of traders net-short is 2.78% higher than yesterday and 27.31% higher from last week.
We typically take a contrarian view to crowd sentiment, and the fact traders are net-short suggests USD/JPY prices may continue to rise.
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/JPY-bearish contrarian trading bias.
Even as the DXY Index’s rally has paused, USD/JPY rates have continued to surge higher. Looking at USD/JPY from the weekly timeframe, there is a reasonable basis to believe that we’re still in the early innings of a longer-term bullish breakout. USD/JPY rates are above their weekly 4-, 8-, and 13-EMA envelope, which is in bullish sequential order. Weekly MACD has just issued a bullish crossover while above its signal line, and weekly Slow Stochastics have started to return to overbought territory.
Near-term resistance may soon be approaching in the form of the 23.6% Fibonacci retracement of the 2011 low/2015 high range at 114.200, but any pullback from this level henceforth would necessarily be viewed as a ‘buy the dip’ opportunity – especially as US equity markets have started to breakout higher.
[LITUSDT] Looking bullish on dailyHello.
LIT now will go to the next resistance zone
p.s: next resistance zone ( from 7.09 to 8.7 )
Write in the comments all your questions and instruments analysis of which you want to see.
This is not an investment advice, I do it to track my personal moves and to keep on improving. Let me know if you want to add something to this idea! Comments are welcome! Thank you.
Good luck everyone! :)
IDEXBUSD Daily Trading RangeJust a thought. I'm new to this and welcome feedback.
Following an upward trend, after downward contraction with support around .30 and good volume across the previous period, I expect a daily outcome of +8.55%.
This doesn't constitute any kind of advice. If you sink or swim, that's on you.
Hopefully this kind of post is ok :)
Gbuusd UPdatedlooking for a pull back on smaller time frame for entry and expecting a mid term trade in bearish momentum. I'm witnessing a some nice buyers exhaustion candles especially the previous daily candle giving me more confluence to the sell with a strong pin bar at resistance.
I have a trendline on the smaller time frame and once it breaks and retest for another resistance I will be adding another entry. this looks really good and makes sense to me. Let me know what you think...comment below if you see anything different or if you agree
XRP could to leading to $2 USD in few days!!!I make this 2nd analysis in XRP in Daily timeframe to know the situation in short term. XRP it's continue strenghten in this month and there's a lot financial news that impact the price.
Now, don't be wrong in this cryptocurrency. Remember that XRP it's a cryptocurrency with big potential to transform the financial world. And I don't thinking that XRP becoming one of the best cryptocurrency competing with Cardano.
Now, I thinking one thing now to enfocous a little more in XRP as this cryptocurrency continue get more news for the next month to watchout.
Now, I use the Elliot wave analysis, we pass the correction ABC pattern and now, we can to entry in the new bulish phase forming a new elliot wave cycle
Sell EURUSDHello traders, let’s look at EURUSD for today’s daily analysis.
Let’s talk about EURUSD
yesterday it broke out of that small range and it actually retested that maroon trend line but I did not execute since I wanted to wait until price moved to another location. Well here we are.
Price makes this huge bullish candle and then reverses. It did this twice.
And now we are seeing this again for a THIRD time.
Always remember that price likes to repeat itself.
The second confluence is that it is hitting our 50 ema on the hourly. This could act as our resistance.
The third confluence is that this zone we’re in acted as support at one point. As you know, price loves to retest the last broken S/R.
In this instance it was support and now turned into resistance.
If you like this post make sure to follow me for more daily analysis.
BTC/USD: New Perspective to bullish setupBitcoin made break out of this bearish channel and we have 3 days bullish starting this new month October. Bitcoin it's approaching the mark of $48,000 USD and bulls could to entry to bought.
Now, based in this udpate, I mark the Elliot Wave Correction ABC and we could to entry to a bull market now. And also, I mark this bullish dervergences in the MACD as the histogram show us strenghten of boughts in the 40k zones.
This it's just my Daily idea.
My only long position it's in Ethereum Classic and I'm in profit for now!!!
Cautious of EURUSD But overall bearish Hello Traders, here is today’s daily analysis. I am very cautious of EURUSD today. It has been breaking structure the past two days and has sunken to this new support zone. I have been watching this pair throughout the day and hoping I would get a clear indication of where it will go but seeing as how there is strength in USD pairs I will also bet that this move down will also continue.
However, as you can see there is consolidation happening which stopped us last night. This is in part due to global news where money is being allocated into safe currencies. That being said USD, JPY and EURUSD are the ones that moved yesterday.
What I know: we are at a support zone it cannot break.
If it moves down again and created a double bottom that will indicate another confluence to the upside.
Price has been ranging so it’s unclear where we should enter.
I am overall bullish on USD. So I would much rather place a sell than a buy.
EUR/GBP Analysis Welcome back!
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If it continues to reject current daily support, we expect it to rise back to previous resistance of 8590 zone.
Be sure to follow the entry criteria rules for your strategy and keep this on your watch list!
- BKH
CHF/JPY Analysis Swing DownwardsWelcome back!
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In the event that it does not break the Daily trend line, it will head downwards for trend continuation. First target is previous support, 119.35 zone.
Be sure to follow the entry criteria rules for your strategy and keep this on your watch list!
- BKH
Cardano Dominance could leading to 5%This it's my idea. Cardano Dominance continue climbing and could leading to 5% in medium term.
Now, if you look the weekly timeframe. it's bullish.
So, it's simple, Cardano it's look bullish in their dominance and will going to run in this rally toward $3 USD. and also will climbing in front of Bitcoin and Ethereum ratio.
ADA/BTC: bullish setup!!!Cardano continue climbing in front of Bitcoin ratio. So, in Daily timeframe ADA worth 0.000055 satoshi. And the trend it's very clear, it's bullish. So, in based the USD, it's bullish too. So, my big advice it's don't make panic, don't sell your ADA, HOLD!!!
Because if you hold at least 1,000 ADA= your worth in Bitcoin actual it's 0.055 BTC, but in the future could to change to 0.1 BTC easily.
Now, I want to share you in long term my 4 targets in Bitcoin to get Bitcoin earns. I use a lot altcoin/Bitcoin in my investment strategy.
You can view now that Cardano could to becoming one of the best cryptocurrency with huge performance.
If you like this analysis, please hand up, share this information with others crypto-enthusiastic, amateur and people who don't understand it. I'm bullish on Cardano with 10,546 ADA in hold!!! And also with 10,039 XRP in hold.
Clear Sell for EURUSDFor today’s daily analysis: We are seeing a retest of resistance after a double top was formed this morning. Usually this indications a bearish market. Since we are in a downtrend we can clearly see a zone of interest, being this resistance zone I have a black box around, and the maroon trendline which indicates the channel we’re in. All of this tells me it’s a clear sign for a sell. Because of yesterday’s move we broke support and now we will retest that zone to validate our run. Follow me for daily analysis.
ETC/USD: Bullish butterfly PatternEthereum Classic forming a bullish butterfly pattern. This it's an Harmonic Pattern and it's bullish signal. We're in Daily timeframe and also, Ethereum Classic make support in the EMA 200. So, in medium term, Ethereum Classic could to move up toward $60.25 USD next resistance key and $78.28 USD next up 2nd resistance key. The 2nd resistance key it's my target in $78.28 USD. So, Ethereum Classic it's bullish.
Now, in this screenshot, I make an analysis of Elliot Wave Cycle and we pass the Elliot Wave cycle and Elliot Wave correction. Right now, Ethereum Classic coud to forming a new Elliot Wave Cycle so similar in the past when Ethereum Classic went from $7 USD to $130 USD aprox. Then, Ethereum Classic pass for the correction toward $130 USD toward $40 USD in average. Right now, Ethereum Classic continue ascending in this model where forming like a channel, but I called it what this could to make an explosion in the price in the incoming months.
So guys, what do you think of Ethereum Classic like investment or making a position trading in the market price $51 USD aprox. and put the SL in the $35 USD approx and my target toward $1,000 USD and keep this positon trading during months. This could be a extraordinary profit of over 1,800% if you keep this position during the next months. But yes, using a small average but depending the collateral what do you use for deposit your crypto assets. You can to use 25% of your 100% of your collateral and keep this posiiton to generate your favorite cryptocurrency.
Guys, if you like this analysis, please hand up, share this analysis with others crypto-enthusiastic, traders and people who interesting to know this information about Ethereum Classic.
So, I just entry in this long position toward $78.28 USD. This it's my target and I entry around of $51 USD and I put my SL at $40.50 USD. Now, I think that Ethreum Classic in my own opinion it's that has future, I do not going to invest in this cryptocurrency, but in the future, I may to interesting or I can to make a small leverage to invest a position trading and keep this position trading until $1,000 USD just keeping this position during months.
ADA/USD: Bullish Rising Wedge!!!Cardano forming a bullish rising wedge!!! This could be a bullish signal that maybe bulls are defending Cardano above of $1.92 USD.
Depending how Cardano will closed up in this timeframe, we could to find up boughts!!! But it's essential to look first in H4 the best zone to buy Cardano in the break out!!!
This it's my own idea and I consider a possible long position to look in the next hours.
And guys, if you like my new design, my background it's blue-green gradient color, my candlestick are red and white and I just use the EMA 200 to define the trend. My strategy was improved and it's more classic and modern!!!
Clear buy for GBPJPYFor today’s daily analysis we have GBPJPY. This pair loves the 20th of every month. What do I mean by that? As you can see here, every month it drops down to this resistance zone and skyrockets. It’s clear to see this is a zone of interest for us buyers.
If you like this analysis follow me for more. We are getting ready for at least a 60 pip move to the upside.
clear resistance level which is a buy for GBPUSDFor today’s daily analysis:
This has dropped significantly last week without a retest of resistance. It has now reached a zone of interest for us to buy. In order to validate this move we need to retrace back to that area. We should expect around a 50 pip move. If you like this analysis give me a follow.
BUY FOR AUDUSDToday’s daily analysis: After it’s recent move down we are seeing this pair lose momentum at this point of interest for us as buyers. There has now formed a doji on the 1 hour indicating exhaustion and sellers taking profits. This is a 40 pip run for us this week. If you like this follow me for daily analysis.
Resistance zone EURUSD BUYFor our daily analysis, We are seeing a zone that I consider the golden opportunity to get in for a buy. We have been in a downtrend and it is at the end of the channel but we just hit the black box I marked. If it doesn’t break then we will retrace back to the previous resistance we know which is about 30 pips to the upside. This would be a great way to start our week.
ADA/USD: Long Position toward $4 USDCardano forming a bullish candlestick yesterday. This it's a bullish signal. And also, I believe that Cardano touch the Daily yellos support above of $2.29 USD. This it's a good news!!!
Now, I'm bullish on Cardano
***And also to recall, I have been accumulated 167% of profit in this year. I decide to once that I reach the 200% of profit, I will stop my trading strategy as I've accumulated near near of 2,600 ADA in my trading account, but I will alwasy to update you to know what happen in the crypto-markets. But, in based my discipline, I believe that 200% consistently it's very good. Now, I learn and prove that the best strategy to accumulate cryptocurrency whether it's if Bitcoin, Ethereum, Cardano or XRP. You can to apply this strategy find up 200% by year. If you make it, you can to get your big result during the years:
Example: If you start with $1,000 USD in your trading accoutn and you want to measure your profit in 3 years approximately. You can to look this secret.
Year #1: Start with $1,000 USD in your trading account and you want to get 200% by year. So, your profit will be $2,000 USD. And now, you have been accumulated 200% in one year and your balance increment to $3,000 USD.
Year #2: You have $3,000 USD in your trading account and your goal it's to reach 200% in your 2nd year. So, your profit will be $6,000 USD. And now, you have been accumulated 200% in one year and your balance increment to $9,000 USD.
Year #3: You have now $9,000 USD in your trading account and your goal it's to reach 2005 in your 3rd year. So, your profit will be $18,000 USD. And now, you have been accumulated 200% in one year and your balance increment to $27,000 USD.
As you look, this strategy it's the best and also, it's work to trade in any market. Now, as I make trading in Forex, once of my plan it's to reach 30% monthly. It's an example. But I like to trade cryptocurrencies with stock market and find up 200% in one year. Applying this strategy to find up 200% in one year, when you look in 5 years get over $200,000 USD if you apply the compound interest to find up 200% by year in your trading goals. This it's financial education and it's a way to create multiple streams of income.
If you want to check below my tutorial how to create your cashflow, you can to look my educational tutorial below of this idea. I hope that will support you.