Down
#ETH #ethereum - Perfect 3 drive setup I read this somewhere, first, they pump ETH then BTC then alts then they cash out in USD & cycle repeats itself, this seems to be true for the current movement we are watching in cryptomarkets
First ETH was moving but BTC was lagging now BTC is moving but ETH is lagging, i posted a long chart while back with the targets of 267, it looks hard to reach there now, we are forming a HUGE Bearish divergence on 4hr time frame
along with it, Three drive perfect setup is also printed!!!
will follow this setup as per charts, i will trade with no so for now as i think we will see some wick hunts but overall this is a good setup!
EURNZDAs we can see since some weeks ago, the price as been respecting this area very well.
Before the market close on 22-05 we can see a breakout for the down side and a fake out right next. We can see that is a fake out because the price came down again.
And now is expected a nice retest and a clear confirmation for the sell oportunity.
A good Stop Loss with around 30 pips can be good here.
#Apple - Possible Double topFIrst dig at Stocks, looking at possible double top, i still don't think we are out of the woods yet, worse is yet to come so it should affect amazon as well.
RIsking only 1% with this as i am still noob with stocks, next few weeks i will get to know how TA is affected by FA :)
#Bitcoin Scalp short - head&shoulderRisking a small scalp short on BTC, i want to short higher tbh but taking this one as well, if works it's good r-r
if you are not risk taker then wait for right shoulder to form & then short instead of jumping the gun, i am adding small position here, if it all goes well will add bigger position on right shoulder :)
WORK / SLACK UP? or Down? im hoping its going up - I failed to make a trade after it falled today, but I really think the technicals look like a keeper, Id like to exchange ideas... I think this one has been and will continue to be slow, so maybe it will go up mid next week... Whats your thoughts
BSV. Am I really wrong not to buy now?I was about to buy, but I forced myself not to buy. I took a hard look at the market and I asked mySelf ‘is it safe to buy a long position at the current high?’ Because buying dips is my plan. Relative to my perspective we are at a high. It might go higher, I accept that. But for the current period this is my high. I have BSV from long ago, but I’m looking to buy more before the price never returns to these 100-200$ prices.
BTCUSD, 60 - Where's it Going?This has to be a quick update as I think the price is IMMINENTLY about to explode, one way or the other. We've got an almost perfectly symmetrical triangle formed on the 1h chart after the big run-up the other day.
This generally means confusion and un-certainty within the market and analysts can struggle at this point to know which way the move is going! It will break out, it will break out very soon. Up or Down is anyone's guess!
If we had to call it - we'd go Long at this point, based on two factors, the fact that the recent general trend is Bullish, and with the halving approaching quickly many people are going to be jumping on the Bitcoin wagon! Simple supply/Demand!
Good Luck & Happy Trading!
-theCrypster