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Decisiontime

BTC Log Scale Macro Trend Analysis.Hopefully the charts explain the idea. The previous bull run found support on the log scale .5 fib retracement. Now we are approaching the log scale .5 fib level of the bottom retracement. IMO this is a make it or break it level and may determine the trend in which BTC follows for the remainder of the year. Bullish idea is a large ascending triangle being built, and the bearish idea being a descending parallel channel that still needs to make 1 more wave down.
INDEX:BTCUSD
by TRIP_00
1
Markov.paths.still@playDecisionImminentUpdate from my previous posts following BTC path through this consolidation period: - the most likely zone that the markov transition states pointed to has been the exact area where this has traded - BTCUSD now needs to decide on the next state - the yellow shaded rectangle is the most probable where this will trade from here - has 2 previous resistance trendlines (light red and light green) that it recently broke above and is showing to have support now at those trendlines, so this next anticipated zone makes a lot of sense In my initial post covering this stochastic phenomenon I layed out the premise that as n-parallel boundaries increase from base, the probability of breakout or breakdown increases. BTCUSD has positioned itself slightly in favor of breakout - has yet to commit to either. Regards, The Wonderful Wizard
BITFINEX:BTCUSD
by JerryManders
stocks meet decision pointKey Findings: Dow Jones is a short-term buy. Bigger Picture is right at decision point. After a wild ride of January melt-down in techs, a very volatile FED FOMC Meeting and a retrace since then we are now meeting decision point for stocks. Market stopped with friday close right at significant price levels, a breakdown here would print us top formations and very probable deliver us a bigger melt-down and might even break the current trend. But As we are at strong horizontal and trend supports and already very oversold, according to current moving average and oscillator levels, i would minimum expect a bounce up here. This bounce up could be rejected by highlited levels or also easily push through previous local tops and deliver us a next bull run, we will get a decison next 10 to 14 days and will keep a close look at the significant price levels.
ULong
by MrKrft
BTC Is Still Deciding What It Wants To Do First First of all, Happy new year to you all. Weather you are trader, investor or you just like to be here, i wish you all successful year (even though stock market will collapse in 2022 haha) good health and loving things. Now to the BTC. As far as my last idea goes for BTC i still think we will form a new bottom eventually, but before we do btc still has to decide where it wants to go first. We could just collapse from here or we revisit 55k area (yellow box), provided that we don't get rejected on the way up again (orange/blue box). Short squeeze is still in the cards, just don't take this to the bank. Alt season is just arround the corner as BTC dominance keeps tanking. That does not mean it could still spike up a bit before going down even further. Great news for alts is all i am gonna say. I am not a financial advisor so non of this should be taken as a financial advice. Be Well. BINANCE:BTCUSDT
by CR35
$TEL : SHORT-MID TERM TARGETS (1-4H)Telcoin possibly approaching a decisive movement! Green bullish outlook: Push out of descending channel, successful retest off upper descending channel line, push past $0.02 then retest to confirm price breakout at the support zone (purple box), followed by a strong push to $0.03 (green dotted line) Yellow corrective outlook: Falling out of the support zone retesting at the $0.15 mark, then returning to and/or the lower ascending trend line Red bearish outlook: Failing the lower ascending trend line, with a bounce off the 21st July red wick (red dotted line) NOT FINANCIAL ADVICE, DO YOUR OWN RESEARCH, EDUCATIONAL PURPOSES ONLY
by saerinox
Quick Daily Dow Decision DiamondWhile the interwoven diamond pattern is a strong bearish signal, it does not actually provide strong guidance as to the very local direction of the next miny-swing in the DJI. It seems that we will either test that upper trendline once more (as would be consistent with the past year of whipsaws), or, we do not. I have a strange feeling it will not and the red path displayed will set fourth the new Dow trend lower. The difference is sort of semantic - but it does highlight the "rigging" type nature that markets exude during market "crashes." -4-D Pig DJCFD:DJI GLOBALPRIME:US30 DJCFD:DJT NASDAQ:NDX SPCFD:SPX
TVC:DJIShort
by UnknownUnicorn5511258
5
The Most Common Emotions For TradersThe Most Common Emotions For Traders J: Joyful Traders feel joyful and happy seeing the security hit a new high. H: Hope Traders hope the uptrend will resume after the other traders stop profit-taking. S: Scare Traders are scare and worry that the price will continue to drop. Traders have to make a difficult decision to sell at a loss or hold on to the security as the price continues to fall. R: Regret Traders regretted not selling at the previous high price. E: Excitement Traders have new excitement when they see the price bottom as an opportunity to go long. M: More Confident Traders feel more confident with the second bottom valley. I: Indecision Traders cannot make a decision temporarily to trade higher or lower. Thank you for reading! Greenfield Remember to click "Like" and "Follow!" Disclosure: Article written by Greenfield. A market idea by Greenfield Analysis LLC for educational material only.
BITSTAMP:BTCUSDEducation
by GreenfieldAnalysis
NZDCAD might need a little more timeNZDCAD compared to nzdchf pair (linked below) and is correlated with slower move at the moment. This currency pair need some more proves before any trade entrace. It has potential upside and downise move. If upside move will continue higher, then our target should be at 0.90744 resistance level. If price will continue higher then momentum and volume from bullish side has to break confidently, unless we'll close or take half profit and move Sl higher. If downside move will continue overall bearish trending, then price has to break 0.90189 support level and retrace it on lower timeframe. While this trade will be entered, we are looking for first potential target at 0.89575 and second at 0.89053 where is based strong daily demand. Also daily whales will start looking at this spot. If you want to trade also with our live trade $ shared set ups, you can join our free trading room and made free profit. Stay cool but better educated Elitefxacademy
Short
by EliteFxAcademy
#XBTUSD $BTC what to do next and how not to get #REKTHello Lads and Ladies, Toady we will be taking a look at the XBTUSD chart especially suited for our Bitmex friends. As we have see the ETF hype and pump, we have now experienced a very hard retracement of almost 1600$ from the very top. Looking at XBTUSD right now, we are still on the short term downtrend from the last pump/hype. This retracement is still called a retracement because we did not have any negative news and still have the possibility of rising and going above the previous high. The reason for this would be of course in first case the positive news on the 10th of August. Looking at it from a TA perspective, which is more in the background of the analysis because the pump was news-based and not a natural movement, this has been the third big bounce from the area of 6200-5800. Looking at he bounces, we create a big leg up with mostly one small stop in between. After the first top, we see normally a type of bigger retracement, nevertheless after this retracement we are followed by a second big leg up above the previous top. This would be in our case a second leg up ABOVE the previous top of 8500. Yet, this retracement from basically 8300 had a hard time going down with many bear flags on its way and a strong pull up. All of this does not seem like a drop that one would expect, tricking a lot of players to open a long position. Almost the same is happening with XBTUSD right now. We are in a very decisive area which might determine the outcome and movement of XBTUSD of this month. To be more specific, we are right now in a sort of channel between 6880 and 7200. Getting near to those lines of support and resistance one might consider opening an according position. Breaking one of these lines would most likely show us the new direction of this month. Looking at commonly used indicators, we are right now even on bigger timeframes on a oversold area. Even the daily StochRSI is at 0 , 0. As a matter of fact this is actually a positive and bullish sign, indicating us a reversal soon. In addition to that we are still expecting news on the 10th of August on an ETF. Normally if big players or market making manipulators would know that there will be negative news coming out, they would let the price rise and hype as much as possible to have the best entry for a SHORT position. In the opposite scenario, they would expect good news and keep the price as low as possible to have the best entry before a humungous pump. Yet, this is a lot of conspiracy and nothing to rely on. Following by that, we can see that on many timeframes we are in a oversold region, yet still have enough space for an additional drop. Taking into consideration that we are right now only 50$ away from the channel-support this would mean for us finding new bottoms and maybe even making a new 2018-Low and after that continuing with a more natural movement and not only news-based. In addition to that, a delay on the ETF decision or even a negative outcome would definitely break the recent support and pull us towards new support and lows. The very last hope is 6600 for XBTUSD. Should we not see a rapid bounce from there an important ascending support will be broken and we will seek lower lows with a very high chance. Nevertheless, there are actually two more bullish signs that might be not very relevant because of the timeframes, yet should be considered before making a trading decision. This would be for the first on a daily time frame, applying the Fibonacci Retracement from 5870 to 8500 the 61.8% support is actually at the recent channel support of 6880. Showing us a possible trend reversal and the first bullish sign. The second bullish sign can be seen on the 1h timeframe as we are forming a double bottom at the channel-support, also indicating us a possible trend reversal OR at least a short term direction to test the channel resistance at 7200.
BITMEX:BTCUSD.P
by KongTrading
1
NEO approaching supportIt has been a while since I have posted! I was having a quick look at NEO, and see that it is approaching a support level. Neo has not been at this point since the 18th of Dec 2017, price has not been here for a long time. Neo hasn't performed well this year so far. If NEO breaks this level of support we could see up to a 44% drop to the next level of support of close to 0.002 sats! Last time it broke this support level, it retested and then a violent fall over 3 days but it recovered back up in 10 days. Hopefully NEO bounces here and we see a retest of resistance for a possible 26% gain. RSI is extremely oversold and MACD looks like it may cross over. We are also approaching the end of a decending triangle (which I have not drawn in) If you are entering this trade it would be wise to watch for which way it is going and set stop losses to protect yourself. Either way I believe it will be making a more defined move very soon.
by Systematic79
Decision time for NEOThe one thing I love about NEO, is that it tends to respect, TA. Its a great project with all its benefits, gas and upcoming airdrops - one this week! (Name Service - airdrop - snapshot June 27) Price has not been this low since Jan 5th 2018! It's had a strong downtrend since the start of May. Broke through a support level on the 10th of June and has now been resting/touching on another level of support for the last 2 days and also today. If it breaks this level of support, the next support is about 10-12% lower. If it tests this current level and bounces off I would expect a retracement up to either 23.6% or 38.2% levels on the fib retracement with a 19% or 30% gain respectively. A push like this would break it out of its current downtrend RSI is very low in the 20s indication oversold and the MACD lines are close to crossing over to blue, with the coming airdrop maybe we will see a push but for now keep an eye on it! Id like to see at least a temp break in the downtrend as its been going on for a while now. This is my first post so hopefully this helps someone!
by Systematic79
The big decision pointBTC has been respecting this green trend line for a while now. If we break under this and close a daily candle below it, I will be entering savage bear mode. I am in a long (leveraged) position from 7190 as we speak, I could have closed around 7290 but I decided to hold to see if we bounce higher. It's up to new buyers at this point. Hopefully some new skin comes into the market soon to bring volume back into BTC since we are near yearly lows for volume. Thanks for checking out my idea guys! - Matt
BITMEX:BTCUSD.P
by porretta.matt
S&P 500: Very last chance for bulls to get back in controlThe extreme selling has stopped this Friday, which increases the odds that the selling climax has been reached and shorts are getting closed before the week ends. Thereby increasing the likelyhood that next week is more bullish again. There is also a quant analysis which favors the bullish side on the Nasdaq in the next trading days, which would help the "S&P 500" to stabilize: biiwii.com I'm only going long if the "S&P 500" moves back above 2667. If that happens I'm going to use a stop loss at 2638 and a target above the upper range of the open gap at 2725. This trading idea offers a risk/reward of 2.
SP:SPXLong
by ChartArt
1
AUDUSD 4hrNot much to say with this... I'm neutral until price decides what it wants to do. I can see potential paths to either direction, bullish continuation after the "tea cup" pattern or bearish continuation after the recent trendline break. So, in this case I sit and wait for the winner and trade it appropriately based off the price action...easy peasy. If the bulls take over I'll be looking for a break and retest of the upper trendline. if the bears win I'll wait for a break and retest of the recent support zone. Pips to be made no matter which way it goes :)
by dlbsanborn