eurjpyquick eurjpy trade short. lemme know if you guys take the trade as well in the comments please thanks.
Down
Is it possible? *just a idea* $197???i know the RSI is low but we are still below o.oo on the macd hasnt quite made a turn up. I dont know, i have lost and made money, its a tough short but when do you really get in to the long postion? its a question we all have, but we will see, thats just the 1hr chart, make a judgement based on what you see, *just a idea*
#XTZ - waiting for breakrn price is in the middle of ascending triangle, waiting on either side to give in, either break resistance or break support
BTC next possible moveWhy bearish?
1) Rejecting from upper boundary of global descending channel.
2) Fractal B very similar to A after which we got drop.
3) Virus again in action what can cause S&P to drop and affect btc.
4) Vertical volume declining.
5) RSI in descending channel.
6) Lower highs 10xxx, 99xx, 97xx .
7) Drop out from current up-trend's ascending channel.
8) Pressure from asks(used service that shows pressure from all exchanges).
9) If looking on BTC using hight TF - it seems very bearish, see related idea for details()
Why neutral or still bullish?
1) Technically no lower lows for now so up trend not broken according to classical TA.
2) Hash ribbons should provide signal soon(for fans of this indicator only))).
GBPUSD Down UpdateThe price finaly came out of the main resistance zone with some struggle rejections. This will be a good sell week.
The sell structure is very strong.
EURUSDStill Holding EURUSD, must respect the market structure, the price is only bearish at higher timeframes and we got a nice stop growing at 61 of fibonacci
#adobe - #marketcrash 2.0Just like #apple -
Bearish Divergence printed, expecting a retrace to Red long term trendline & Fibonacci levels on chart
#apple - Bearish Divergence - #marketcrash 2.0Rsi has printed huge bearish divergence on weekly timeframe, expecting one more leg down soon
#Fox bearflag - #marketcrash 2.0#FOX has been trading inside a rising parallel channel, looks like a possible bear flag with 40% targets on the downside
I see this move to print a Bullish divergence on weekly timeframes with Price making a lower low & RSI making a higher low
will keep you guys posted in timeline as PA develops
I see you This is a swing channel that I have been paying attention to ever since we began our long trek back up the covid climb.
I'm posting about it now due to the terrible time BTC is having at getting over the hump of that descending resistance right from 2019's bullrun high.
When this line breaks (tie goes to the bears, every time.) I think we will slide pretty quickly into this range.
Cheers
📉 Bitcoin Heading Down? 👎 How far? Hey guys - After what seems like an eternity trading sideways (with a few minor swings up and down), at last, we think there may some news, good news if you're a trader too! Possibly not so good if you're Hodling! Looks like BTC may be heading down in the near future.
We've been following a strong line of support all the way up from the lows at $4000 back in March, now our ascending triangle is nearing "pinch" point, so we should be trading in the same direction as the breakout, and we have broken out, it's downward. This may be a classic "fakeout", in which case the price can expected to rise, but as we all know you should never try to catch a falling knife!
Our Crypto Tipster Strategy is showing a Short on BTC daily chart, and after getting chopped out of a few trades recently (which is unlike our Tipster!) it's now time to catch a big swing! As you can see from previous support and resistance levels there's quite a large area that could get filled sometime soon!
Possible lows ranging from $8700 all the way down to $6500! This is a huuuge movement from where we currently are, there's been cries of "above $10k" for some time now, if that's the general sentiment it's clear the majority of traders would be Long right now - remember the most important rule of trading? Do what others don't do! We're Short, and think you should be too!
Time will of course tell :)
theCrypster
#bitcoin Just dump it an update for previously posted idea -
BTC is trading inside an ascending triangle, break that Red trendline & bears will take over, if not broken might just pump back to 10k
#Bitcoin Swing short Bitcoin is being Bitcoin hence not trading it from the past week, wicks on both side Exchanges are the only ones making money, retailers are f**ked
entering a swing short position here on BTC with 2% account risk, looking at possible Super #Bart (#SFP) 3Drive is still valid
also, there is a possible H&S in the making, once we break the Mid support line on the parallel channel I will be more confident with it till then risk small as any trades here are PURE GAMBLE!!
AUDCHF short ideaPrice touched the resistance line. I expect a descent from her to the support line at about 0.620. Cancellation is a breakdown of the resistance line and a departure to a small level of 0.687
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
GOLD down from levelPrice tried to break through the level. But failed. A powerful pullback occurred. And I expect it to continue.
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
#Theta - Dump It!!#btc is looking dumpish so should this shit, H&S formed on 4hr, trade with caution, extremely loose stoploss!
