Get started

Descendenttriangle

XRP make correction to $1.49 USD support!!! Now what?I see today that XRP touch my Stop Loss at $1.43 USD, so, unfortunately, we loss this trade, but more important it's that we're bullish. So, XRP form a descendent triangle flag, that it's a bearish pattern if you trade in H1 timeframe, that it's a reversal of the trend to ind down a good zone to then, make a big impulse. So, I believe that Bitcoin too make a correction to $60,000 level price, that it's becuase that Bitcoin and many cryptocurrencies are find down more level price and other make a pull back. Now, I hope an entry in that zone in the $1.50 levels price in H4 timeframe to continue trade in Bybit. I'd reccomend that if you're a beginner to trade Bybit, the most leverage it's until 2x and not more of 3x. A leverage until 2x it's great, but always, we will need to learn that we would need to take a plan to reach our goals in XRP to continue accumulating this crypto a plan. In my first 2 trade I generated like 1,678 XRP and in this trade I loss 543 XRP because XRP touch me my Stop Loss. s3.tradingview.com This it's the H4 timeframe and XRP drop like 12% from $1.80 USD to $1.49 USD. Right now, XRP price it's around of $1.56 USD. As reference, I believe that the most chart to trade it's H4 and just keep this posiiton for longer. I like to trade intraday from H4 in front timeframe. s3.tradingview.com Now, XRP it's still bullish in Daily timeframe Now guys, at the moment, we would need to be out in XRP until XRP show us a good entry in H4, I believe that as XRP form a descenden triangle flag, a correctin was neccesary that XRP find down more leve to buy cheap.
POLONIEX:XRPUSD
by harisonhbn9718
3
Warning!!! Bitcoin formed a bearish rising wedge!!! 🐻 sentimentThe bear sentiment it's so clear than water, but we see in H4 timeframe that Bitcoin it's not stable to bought contract. For that,I cancelled my position right now to closed up manually because we have the big possibility that Bitcoin goes to make a reversal of the trend. And that mean that it's great becuase we could to save USD to bought more cryptos to add in my portfolio. I thinking in it. This it's my plan to sell below of $28,000 dollars in case that Bitcin doesn't support this price level. At the moment, I'm out of the crypto markets and I didn't reccomend to short or long Bitcoin, becuase we could to formed a mini-distributtion to find down a best price to bought!!! We see in weekly chart that Bitcoin have 2 weeks bear sentiment and the trend could to experiment a possible reversal so near of the $20,000 USD above of this price. This it's my theory!!! But as Bitcoin it's so consolidate, I don't like to trade in this scenario when the assets it's into this consolidation. For that, my own reccomendation it's still alert when Bitcoin mae the next movement when break up or down this consolidation in the range of %29,000 USD- $34,000 USD to take best decision!!!
COINBASE:BTCUSDShort
by harisonhbn9718
Short Position: Chainlink confirm the break down!!!In this analysis, in H8 timeframe Chainlink it's turn bearish toward my target at $8.50 USD. So, we as into this descendent triangle of distributtion and right now, we confirm this drop soon toward the $8.50 USD. Also, another perspective it's that Chainlink could to formed a bearish channel, but, I mark this line to know the exact point of any bearish rejection. Now, this it's the H4 timeframe and my own analysis confirmed to short Chainlink!!! And then, this it's the Daily chart and we see a bearish scenario for Chainlink toward the $8.50 USD. This it's my details: 1. Position: Short 2. Price Entry: $10.80 USD (Sell Order Limit) 3. Stop Loss: $11.90 USD 4. Target Profit: $8.50 USD
COINBASE:LINKUSDShort
by harisonhbn9718
3
Fundamental and Analysis: Brexit development made influenceIn this analysis, we see that Sterling Pound is break down the descendt triangle, becuase as I mentioned on the passed weeks that we could to see a bearish movement on this par, because the thing in Europe could be relate as United Kingdom is advanced in their progress. So, in H1 timeframe I hope an entry in short position at 0.9054 Pound. My objective is to find down 100 pips. Look in H4 timeframe we starting a bearish movement!!! Fundamental Keys: 1. GBP/EUR is seeing fairly narrow trade since markets opened this morning. The expectations for potentially huge UK Breit and coronavirus developments this week are keeping pound volatile. 2. Developments in Britain situations could cause a big change to the Pound outlooks in all time. 3. The coronavirus and Brexit situations in United Kingdom it's kepiing his pressure on the Pound. 4. Britain's coronavirus infection rate remains high, and the UK government is expected to introduce new restrictions in the coming week in order to limit spread. 5. The investors are also anxious about the Brexit process, as the UK government's self-imposed negotiation deadline on October, 15, 2020. 6. In recent weeks, a lack of big surprises in the Euro outlook has left the shared currency being driven by strenght in rival currencies. IN particular, the strenght of its rival the U.S. Dollar has been particularly influential. 7. The German prices data was a little impact for the Euro and that warned that had little impact in the Eurozone. 8. Brexit uncertainties persist, as this could be a highly inluential week or the process. That par could be more influenced by Sterling Pound. But, we have another news that could be a dangerous for Sterling Pound about that central bank has asked banks today to make a negative interest rate in 0, and there's fears that Sterling make a drag into negative territory in the near-term that Bank of England had prepared this plan. But this news, we need to watch out our perspective to shorting Sterling in trading. Fundamental Keys about the Bank of England plan and what will be happened if the interest rate reach 0: 1. Pound investor are remaining cautious ahead of the British government's scientistis updates on the covid-19 infection rate later today. 2. There're a warned that United Kingdom has reached a critical juncture on covid-19, with Prime Minister Boris Johnson expected to reveal a three-tier alert system in today's speech. In my personal opinion in short term we see that UK government want to created a coronavirus restrictions and Brexit development, that favorous Pound in short term. But looking in medium term, the specualte news sound bad for the interest rate that central bank want to put an interest as deflationary below of 0. And investor are so cautions of more critical juncture of the pandemic and the government system could be drag.
Short
by harisonhbn9718
2020-10-02 USDJPYI'm viewing USDJPY from a bearish perspective. We fell from a previous zone and crossed through the 200EMA. We are now under the cloud testing the 200 EMA. I think we could be forming a rising wedge. I think over the weekend, we'll head down and see a possible reversal when the market opens back up on Sunday. I'll be looking to enter the reversal. We are approaching a cloud of resistance on the 4h that could cause the price to bounce around. We could potentially find support on the cloud and head up, but I'm anticipating the TVC:DXY will lose strength.
Short
by pipdrifter
Short oportunity in Ethereum until the $335 forecastIn this analysis in H1 timeframe, Ethereum was into this descendent triangle . Well, we hope a short entry confirmation in the $377 USD approximately Now, as Ethereum formed this chartist pattern, we see a bearish movement until the $335 USD. In the situation of Daily timeframe we see a bearish movement that bears is leading the cryptocurrency to reversal trend. And the key support line was broke down in the morning, that show that Ethereum is weakness Also, there are a 2 points to take our profit, and those are $355 USD or $335 USD, that it's could Ethereum reach down.
COINBASE:ETHUSDShort
by harisonhbn9718
6
Bought of U.S. Dollar: Fundamental AnalysisHello, this week U.S. Dollar is into the recuperation and we see that United States it's go to benefit the American currency. In Daily we see a descendent triangle, but the expectative for medium term is bearish, but for now is long in shorting term That is exactly what I explain in H4 timeframe!!! And also, if you noticed in H1 timeframe, we could see another thing and that thing is a Shoulder Head Shoulder inverted, that is a possible formation to see in the next hours. Now, the objective it's just to find up 120 pips, its a good profit for us!!! So, I put a buy order limit at $104.70 JPY with a SL at 25 pips and my profit is 120 pips Good luck,
Long
by harisonhbn9718
Still Alert on the Euro crash!!! Technical Analysis Explained!!!Hello, in this analysis, the Euro it's in the distribution zone, so, I add a sell order limit at $1.1877 USD to entry in the sell of over 300 pips. Now, in weekly we are so higher and Euro needs to make a correction approximately to leave at $1.15 USD as support on weekly!!! This is a screenshot of H4 timeframe about the RSI, let's me explain a thing. The RSI making for the days higher lower, that indicator show a possible correction so deeper to take benefit of this crash!!! Now, on H4 timeframe we are into his descendent triangle,it's a bearish chartist pattern The only that I hope is that Euro goes to up a little to activate my sell order limit at $1.1877, my SL is localized at $1.1918 USD and obviously my target profit is $1.1549 USD approximately, it's 330 pips. Fundamentals Keys: 1. U.S. Dollar softer as sentiment recovers on vaccine hopes and deals. 2. The dollar dipped agains riskier currencies on Tuesday as hopes for a covid-19 vaccine and big corporate deals improved investor appetite for assets such as the Yuan and the Euro 3. Traders said the currency look vulnerable as the European Union warns a collapse trade talks and propel the United Kingdom towards a messy Brexit, said Boris Johnson 4. Tomorrow it's a FED meeting about the U.S, monetary policy and disccussion of the U.S. interest rate. 5. The FED meeting will be its first since FED Chariman Jerome Powell unveiled a shift toward greater tolerance of inflation, effectively pledging to keep interest ratess low for lower. Basically, we hope that United States is into the recuperation, about the problems of the United Kingdom and European Union. We look that US Dollar is bullish, Euro is bullish agains the Sterling Pound and Sterling Pound is bearish. So, we hope that analyze to suppport you!!!
Long
by harisonhbn9718
Short Position: Sterling Pound into the bearish movementHello traders, In this analysis, we see another short opportunity for the British's currency to sell it. Because guys, as Sterling has the bad news of the previously week, this specualte news the U.K. ministry decide it to put bad news for this week about the No-Deal Brexit strategy. On H1 timeframe we are in the clear bearish chartist pattern, that is a bearish rising wedge descendent's triangle, and the movement is continue to shorting this par, Also, if we compare the latest movement using the arrow, in H4 timeframe there is an example, we take a conclusion that Sterling is leadign to the $1.25 USD and that is a drop so near of 300 pips that we could to find down it for our benefit. So, I put a short position and then, we expect that Sterling Pound activated my sell order at $1.2807 USD with a SL at $1.2858, that is 51 pips of SL and my take profit is $1.2512 USD, that mean 280 pips. So, guys in conclusion, this par it's one to take benefit this week, while the Sterling is goes to weakness, that trend is not to wait to stop the trend, also, in H4 timeframe I use the Elliot Wave model, that we are in the formation of the Elliot Wave # 3 Guys, if this idea is support for you, give me a like and I consider that all technical analysis it's work for you!!!
Short
by harisonhbn9718
Alert: Bitcoin is forming another chartist pattern; not bullish!Hello, in this analysis, Bitcoin is forming a descendent triangle, that is a bearish expectative. So, guys, in summary, as we are into this kind of chartis pattern, the probability is that we are in fight of bears and bulls, well, as this week the Bitcoin movement was boring, but, I found out another chartist pattern that inmediately we need to see another perspective of the market. I reccomend to closed up your long position, becuase I believe that we may to see another crash taht Bitcoin want's to leading to the $9,000 USD zone's. And guys, this is H4 timeframe and we see that we are on the elliot wave triangle cycle of ABCDE, and we finished the E to later see a crash inminent, also, if the S&P 500 crash, Bitcoin could to make follow hte S&P 500, that they both we need to check out and make the comparasion.
COINBASE:BTCUSDShort
by harisonhbn9718
2
Possible entry in Long: Gold into the descendent triangleHello, in this analysis, we hope that Gold is up a little before to continue sell Gold in Daily. We are in this descendent triangle and maybe, we could to entry a short at the $9,645 USD for this week. Now, in H4 timeframe we see another opportunity and possible of long entry once that in H4 timeframe taking in my hand a green candlestick confirmed!!! So, obviously we see that U.S. Dollar is strenghten in all pars, but not secure on Bitcoin or crytpocurency because Bitcoin show another formation, but correlated, I will going to making alert if we need to stop our long position in crypto market for then, sell it, but the probability is taking in our eyes.
FOREXCOM:XAUUSDLong
by harisonhbn9718
1
Euro/Sterling Pound in the re-distribution micro-trendAt the moment of this analysis, we continue in sell Euro, so, very important is that tomorrow there will be a news of German Retail Sales, that news could be impact in the Euro. Now, looking the graphics, we see a formation of descendent triangle in H1 timeframe. So, my objective of this operation is just find down 40 pips with 22 pips of SL. Now, dont recall that Germany for the past days could be to imapct in the Euro, but nor much to see it a 100 pips of 1 candlestick, but yes a impact important, now generally the trend is bearish, dont recall it. So, tomorrow morning I will going to check the same pars, except the US Dollar/ Swiss Ffrank, because obviously the US Dollar is up so lot in this par near of 100 pips, I ibelieve that is another signal as Australian Dollar that they both needs to make a correction to continue their trends.
Short
by harisonhbn9718
Prepare for the drop of US Dollar!!!In this analysis, waoh, in the latest analysis of there I send a short signal that my position was in the 0.9060, then, we are in short anysequenze, well, in that case, this could be a great entry in short just hoping a red candlestick next in formed, we need to wait the next 4 to 12 hours to confirm and going to short position in this par. I am still awaiting for a good short entry, I will going to send you a message to entry here!!! We expect a profit of over 250 pips. Rememebr that US Dollar has a bad fundamentals for the US economy and we are in short position, not put any long position for fundamentals.
Short
by harisonhbn9718
Short Signal; Bitcoin is into the descedent triangle: Sell zone In this analysis, Bitcoin has formed a descedent triangle that you can get it in H1 timeframe, so that siganl is so bearish. So, I am go to short position as i knowed, because Bitcoin is formed a higher lower in the lower trend line. Now, in H4 timeframe I detect a strong resistance at above of $11,900 USD, that mean a possible short position because in H1 timeframe I detect a sell, and H4 its formed it a possible sell at $!1,300 USD, because as we are in the high level ,we could see a Bitcoin drop in these level to complete the Elliot Wave # E. Now, we need to be cautelous if Bitcoin break down or break up n this target, because, the highly probability is that Bitcoin is going to make a consolidated above of $10,400 USD and below of $12,000 USD, in these prices ranges.
COINBASE:BTCUSDShort
by harisonhbn9718
2
USD/JPY in buy for only short time, trend general is bearishHello guys, there are my technical analysis very interesting for the next days, now USD/JPY is into the descendent triangle and there are a formation bearish it. So, now, this is a zone manipulation for institutionals to entry in the buy, but not for long time, its for shot time to pick up aproxximatelly 60-70 pips of take profit in H4 or H1. But, now in Daily there are a some teory. We can see a trend bearish if USD.JPY broke up the triangule descendet below or a consolidation too as posssible escenario in daily. Now, in the RSI there are a movement below of 50% of RSI and so indicate a movement bearish in the next days, so, caution to trade this.
Long
by harisonhbn9718
2