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Dailychart

We have been through this before. Reds for next few days. Crypto enthusiasts like to forget the past and look only for green candles to raise their capitals. Now I would be lieing if I didn’t say I’m the same but i always learn from my mistakes. And one mistake was the begging of this year early January We hade a 30% correction in span of few days. I got rekt that weekend and lost a part of portfolio and i recorded it in my calendar like a proper trader does (I learned my lesson) This reminds me a lot of that and I believe it is a good thing its happening Because look at weekly chart you would see the we are in overbought zone rsi and the candles have been short bodies and candles indicating little price action. This will refresh the market and give some more room to facilitate capital; from the experienced to new traders I could be wrong this is a wild world we live in but we should learn from our past mistakes and dont do them again
Short
by UnknownUnicorn10952252
USDCHF technical analyses so given the chart pattern we have a broken trend on daily but in weekly everything is noraml and we can see that there is a good chance that market will hit the area and then we can look for entry on 4h timeframe where momentum shifts so you can take short here to that area with your own R/R but on that area based on fibo retracement on weekly you can look for long . but this is a game of probability so make sure to have your stop loss ready ! good luck ! Alien2a
Long
by Alien2a
Begbies Traynor LSE - Classic Cup and Handle on daily chart Hi everyone, Just giving a quick analysis on one of the AIM-listed stocks on the LSE (London/UK). As you can see, there is a clear cup and handle forming on the daily chart, and it is an incredibly clean example in reference to what you would technically find in a text book. The resistance is at 115p, and this week it has seen a breach above next to the 120p level. The company itself is also fairly good on the fundamental side - its latest fundraising (secondary offering to help finance another acquisition) was recently oversubscribed and the placing price was above market price, which the share price higher from 105p to 115p. As it is seemingly breaking resistance now, the question is about whether there will be a retest of the 115p level, or whether it will continue above 120p and onwards. Canaccord currently has a 170p price target on the stock, as issued earlier in March. The cup and handle may signify a strong climb as the UK eases lockdown. Another buying opportunity would be in the case where the price will fall to the lower red upwards trendline, which seems to be a good support for the price. Disclaimer: I hold BEG at 105p average. Please do not take as professional financial advice. Always do your DD. Thanks!
BLong
by michaeldobfx
WTCUSDT With candle pattern explanation.Hello traders. On this chart, I have explained why I will be going long on WTC/USDT pair. I have supplied an explanation and a diagram outlining one of the candlestick patterns I trade and the rules involved in using it. Basically, its price overlap or temporary equilibrium. This creates a need for the market to expand up or down. This is a bullish pattern the opposite would be bearish. Try and do some historical research on prior data and see if you can locate this pattern. It will help you to understand its function. I hope this helps and good luck to all the traders.
WLong
by Avery_Upton
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