XRP? of course, SHORT!Hello evry1!
Despite different opinions and news about positive trend with XRP, the Market shows us very interesting image... With one more three-wave move down, there could be a LEADING DIAGONAL... Very good sign for bears and for those, who want to see this coin as much lower as it can be! Of course, to buy it on the deep!=)
After one more low (in fact, there can be few lows - no matter) the retracement can reach the high of the second wave - appr. 1.1$ for XRP. It can move higher of course, but not higher than 2 bucks for coin.
This pattern (leading diagonal) can say that the future move could be very strong and fast. We'll try don't miss it!
Down
BITCOIN - We Still See Lack Of Enough BuyersHello everyone, rouzwelt here
If you have seen my last post about BTC you can remember that I've been pointing out possible scenarios for BTC to continue its uprise or reject to low 30's again. You can clearly see in the screenshot of that post that price started to get rejected at 36.5k level and candles printed like the red arrow projection I've drawn in the chart.
But let's get back to the main chart now. BTC is now moving inside the yellow channel and towards the lower channel line, I believe this whole channel may be potential bear flag and as BTC is approaching to the lower side of the channel, there is great chance for it to break it down and move to lower levels which then it will complete its bear-flag formation, the possible levels I think may be around 24K - 26K area. But if we see more demand coming in at the lower side of the channel and btc manages to hold that level as a support, then we might move to test the upper side of the channel once more.
Right now I'll be waiting for one of those scenarios to play out. if we break the channel, I'll be looking for short setups after the confirmation of course which can be a 4H full body close or a daily candle close below the channel. And if BTC holds the channel then I'll be looking for buy setup again with confirmation which can be break above the blue trend line with a 4H or daily candle close above it. Either way I'll be waiting for confirmation to enter the trade and for long trade setup I'll be much more cautious as the main macro trend is still bearish.
Both these trade setups are scalping as we are still in 30/4k range, but we may increase the short position size as it breaks this range when approaching the 29/30k area.
Have fun and trade safe.
Bitcoin is going down againHello, this is my first idea ever in trading view. I hope this idea is useful for you all.
As you can see, I draw a triangle and a square for the highest peak which was 36640 and lowest 32300. Most probably the candles will follow the triangle drop and it should not go outside the square area. In case it did it might raise again.
I hope you like my humble analysis.
thanks,
BTC Descending ChannelsSome people are talking about an inverted cup and handle starting in Jan.
Or a mega head shoulders. Perhaps too big in time bars.
Anyways, down trend is pretty clear.
Only time will tell if we get out of this.
I think there will always be some hope till we hold 30k no more.
Good luck.
NZD-CHF Will Go Down! Sell!
Hello,Traders!
NZD-CHF is trading in a falling channel
And the pair has just reached the resistance cluster
of the horizontal key level and falling resistance line
We can see a nice breakout from the rising local channel on 1H timeframe as well
All that makes me bearish on the pair and I am expecting a move down
Towards the local support, but the fall might continue further down as well
Sell!
Like, comment and subscribe to boost your trading!
See other ideas below too!
USDCAD: Decision Time !On USDCAD, 2 possible scenarios are here:
1. Long: If the non-horizontal support will reject the price to go down, a long opportunity without enough confirmation can be spotted.
2. Short: A break with a golden candle below the trendline will be enough to enter a short position as we are more close to the resistance then the support.
" Think always RRR" - Cyril Smaira
DOW a rounded move 🦐DOW after following the round top move reached a support area.
According to Plakcton's strategy if the price will break below we will set a nice short order.
–––––
Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
POSSIBLE DOWNSIDE RETRACE & NEW LONG TARGET on XAUUSDAs per analysts the daily descending channel has been broken out to the upside and price has entered the new parallel channel.
Price stopped growing after approaching to the new channel’s middle line which acts like a resistance level sometimes.
CCI is in the overbought area and shows a negative regular divergence: although price has risen, CCI is making lower highs.
RSI is in over 70 and ready for short down move.
The experts expect a pull back and a downside retrace for price around 1820-1850 and then a rise from that level around 1950-1960.
EPS (Update for you )Eps is inthe end of the C wave and you can see a powerful trend line in Chart and it can be possible to see 5$ ELLIPSIS
I Get Hate When I Say Down Sooo...😁 (Dolphin) 🐬
90% of readers look like this 🤨or this 😡
Here's my one and only sorry... Hum Hum I am sorry you hate on a cool and helpful dude. lol So in honor of the hate I say "DOWN" lol
I say it anyway sorry it's all I know as a unprofessional pessimists 😂🙃😛
Down to Everything!
#DolphinTime #APhatOne
P.S. What can a Phat Dolphin do in a market anyway??? LOL
-"What's a Dollar?" hehe
-No advice just thoughts that I can't shake after the last 6 years in the world of "CRYPTO Bra"
""KEEP CALM AND MANAGE THY RISK!"" Chive On I Don't Care
To me ITS OVER!!! 10 reasons WHY!1. MiddleEast at war
2. Elon Musk manipulation (electric vs petrol wars)
3. Low buy volume in critical dips
4. MA50 Daily (blue line) starting to point down
5. Crazy hyper alt frenzy buying of shitcoins ends in bitcoin depression
6. Bad sentiment in the market now
7. Many bulls screaming 100k
8. Feeling overall is end of Dec 2017
9. H&S formations in btc and altcoins. Peak formations i believe
10. We have to thank God or luck and make drastic decisions sometimes. Hodled 100% 4 y. Still hodling 20% which is around my initial investiment.
Waiting for MA200 and MA50 daily death cross is a pain in the ass...
XRP broke 3y downtrend. Now rising. Always leaves the best to the last when btc is at darkest stage.
If i am right. Alt season is entering final stages.
Honestly dont believe in 100k anymore but hope BTC proves contrary and makes a miracle!
GOOD LUCK!
The dollar set for more downside!The Dollar is slightly mixed against G10 currencies, but lagging vs precious and base metals, like Gold, after the latter partly due to strengthened forecasts of strike action at BHP’s Spence and Escondida mines in Chile after the rejection of a contract offer.
Conversely, spot bullion has taken advantage of softer US Treasury yields and a flatter curve that are keeping the Greenback capped in wake of last Friday’s disappointing retail sales data to breach a key technical level that was protecting Usd 1850/oz (200 DMA at Usd 1845.98), with bulls now eyeing another upside objective in the form of a declining trend-line that crosses the y axis around Usd 1858.40.
Back to the dollar, 90.500 in the index has not been reclaimed and 90.153 may offer some support ahead of 90.000 on any further pull-back through the prior session low (90.278) as this represents the midweek base outside of the 90.429-265 range thus far. Ahead, NY Fed manufacturing, NAHB and 3 Fed speakers including current FOMC voter Bostic twice.
Overall further downside is expected long-term for the index. 88.00 is a very modest target over the next coming weeks.
Persistence 😈👨💻#SlayOn
P.S. Prepare Yourselves 4 Pride Obliterating Price Discovery (Not Advice Just A Delusional Ding,Ding) 🤤
#TheyBuyLambos 😂 #lambo? All this time I have been saying #LandThough 🏞🏠🏘 LOL
What are your thoughts? Is it bad that people like to realize gains say "Cool! More Dollars now!" Or am I really the only person that's down to pull profit and even short a lot??? LOL No advice to give just thoughts that I can't shake after the last 6 years in the world of "CRYPTO" Bra
Right now me and Dollars are cool even though everyone hates them and I am all good with for cuz up north CAD and EUR I can't exhaust hating everything but 🤷♂️ ANYTHING! Nothing is Promised Don't Be Mislead.
"KEEP CALM AND MANAGE THY RISK!" 🤓
I am The Coin SLayer 😈👨💻
USOIL ShortMy possible forecast for USOIL.
Might gonna restest one or both of the support levels.
But in the long run, it should be going for a downward trend.
Supported by:
- The situation in India (could last maybe a week more before it settles a bit)
- Possible weak oil demand in Japan
Could be interrupted by sudden positive news regarding faster "opening" in some countries or forecasts.
BEAM in a downward trendchannelHello traders,
Here is a chart of BEAM-USDT on the 4 hour chart
We see a huge move from 40% in BEAM. But we can clearly see that we have are a downward trend channel. A breakout above 1.4 USD with a lot of volume could push the price to the top of the downward trend channel.
For a further healthy rise we need an RSI above 60 and good volume otherwise gravity will do its work.
Currently there is resistance through the trend line at 1.4 USD and the moving averages as well at a higher level the top of the downward trendchannel.
Everything will also depend of how Bitcoin develops because this is the leader of the Crypto currencies.
Take care and If you short then clearly place a stop above the trendline. Targets are then the lower trend line at 1 USD.