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DOGE - Testing the support after long awaited reversal#DOGE/USDT #Analysis Description --------------------------------------------------------------- + After months of consolidation in the support zone, the price finally broke out and reached the local resistance. + Following this, there was a significant reversal, with the price returning to the support zone. + I’m observing a strong reversal and bullish momentum from the support zone, and I expect a trend change soon. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 0.10694 Stop Loss: 0.06167 ------------------------------ Target 1: 0.16821 Target 2: 0.23087 Target 3: 0.34588 Target 4: 0.56844 ------------------------------ Timeframe: 1W Capital Risk: 1-2% of trading amount Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
New Years Surprise For XRP Good probability of an upside move on the 1 hr chart. 4 hour chart showing potential of a pullback to follow after a test of the 200 day MA on 1 hr chart. Following that we have the daily chart setting up for a big move, my target would be back around .45. I feel that after that we will inevitably see a lot of selling pressure leading up to Jan 19th. This could fulfill the .10 prophecies and potentially even lower. I would expect the carnage to start the week before trading is suspended . If we have a decent bullish move in the coming week we might only fall back to price levels recently established and form a double bottom or slightly higher low on Macro timeframe. XRP is either hated or loved. You do you but this is an asset Ive decided to watch for years and I firmly believe this coin will not only survive but thrive in the long term. To anyone who is hoping to "jump back in" when trading is resumes is keen to avoid some risk. Just know that by avoiding risk you are also avoiding the possibility for serious rewards (in terms of this asset, you certainly can make money elsewhere). What if it recovers before trading is allowed to US investors? You will miss out that is what. This coin going to zero is not a guaranteed outcome rather pure speculation. Tesla(stock) did "pretty good" after they sorted out their SEC issue. Hate XRP now and hate it 1000 times more when it's at numbers that were claimed to be unreachable. Due to the nature of the global money supply there was once millionaires, then billionaires and now in my lifetime there will be trillionaires. Let that sink in. I believe there is an almost certain guarantee of extremely volatile price movements in the coming weeks as bears and bulls fight over whats left of this shit sandwich of a situation. I mean if the SEC really cared about the small investors, why would they wait until after a massively hyped and published airdrop event to make allegations? They let everyone climb into the boat first so to speak. To me it seems extremely strange when considering the timing of everything. Sometimes its best to read between the lines. But long term, XRP has been building a network that is global based for years and if you didn't notice Brexit is a thing and they aren't really sure what form of money they will use. XRP has been mentioned specifically by the bank of England (er the world should I say), BIS, IMF and ECB. In a macro setting the writing is on the wall. To the unknowing populous the stage has been set. Cash out of XRP completely and you might just be buying back at a steep premium. Just sayin' --> Not Financial Advice. Happy new year to all I wish you endless happiness and abundant love.
COINBASE:XRPUSD
by MitchMilli
BTC to Just Under 10k Before Major RetracementBTC is currently in Wave-5, where Wave-1 of this wave is the extended wave, causing waves -3 and -5 to be shorter in relation to it (Wave-3 is about 61.8% of wave-1 and Wave-5 is likely about 61.8% of Wave-3). For extended Wave-1, we see the converging upward angled triangle by connecting the end of waves-1 and -3 as one bounding line and waves-2 and -4 as the other bounding line. In order for this to be valid as it is, we must break the 0-B trendline before crossing the vertical line, which is the equivalent of the length of time Wave-C took to form (must break 0-B trendline in less time than wave-c took to form). I anticipate that my price targets will be fairly accurate, however the time targets are very loose here. You should know when we are in an impulsive series as we will be moving up very fast as usual to my targets, and corrective will be less so. I chose $9950 as my final target and not $10000 because that is the 61.8% fib of Wave-3. Also, seeing how wave-3 ended abruptly short of my $9200 dollar target (strong resistance line from the downward correction before this bullrun), I would not be surprised if this did not actually test 10k, leaving many bulls in total disbelief as it rejects sooner than thought and liquidates many. Retracement after this should likely be significant, so don't be caught in a long at the very top. Additionally, there has been bearish divergence forming very clearly on the AO (Awesome Oscillator) between Waves-1 and -3, which I anticipate will continue through on Wave-5 (will include a screen shot in comments as the chart was getting too crowded with 2 views). Right chart is the green box on the left chart. Good luck everyone! The bullrun is nearly finished.
BITMEX:BTCUSD.PLong
by Korastiz
Nasdaq 100 Index: NAS 100 Next Buy and Sell points from hereNasdaq 100 Index NAS100 Although we managed to squeeze 299 points out of this short yesterday we could have got another 150 or so more had we stayed with it al the way down to the dynamic which has once again saved it. In doing so it has fallen 11% (6258 is 11% off the top, the low was 6254, not bad). A standard 'correction' runs to 9-11% and a bigger one 19-21%. So far, so standard. Am looking to buy the dip today towards the open looking for a rally to 6694 at least and maybe to 6787 at best before it falls away again. The dynamic below price is critical now to the overall uptrend staying in tact from here. It must continue to hold up all declines now. Any failure to hold this dynamic will tip Nasdaq into the hands of the bears and force us to switch from buying dips to selling rallies for the forseeable future. Do not expect this to happen, but need to remain vigilant to all possibilities and ready to reverse to short if this price action does develop this week from here.
FX:NAS100Long
by sumastardon