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Dragon

GBPJPY - Possible Bears 28Feb - 5Mar - 12Mar (possibly)What I am about to tell you, BOE is not gonna like it. What we see on the chart here is the lower weekly trendline (red) being broken leading to a possible downtrend initiation. If the next weekly candle opens below or exactly at the current price, which is very likely, we shall then call the lower trendline broken. The next sign in favor of bears we have is the possible formation of double tops candle pattern provided the support region gets breached below 153 price level. If we are lower than 153 on dragon within the next week or even the next couple of weeks, we might be looking at targets between 151 and 150. If the support region fails to break, we might be having a ranging market or possible breaking high leading to higher resistance levels. If the bears continue to penetrate the support region and finally go through it, we are looking at a short entry trading opportunity worth 200+ pips on GBPJPY. But be watchful about the levels mentioned in the chart, this analysis holds true only if all the conditions are met. But if you want to challenge your luck, you might as well enter on trendline analysis alone.
Short
by Uzi-Trades-Forex
$DRGN/BTC 1D (KuCoin) Big falling wedge near breakoutDragonChain has been down-trending for such a long-time, reversal seems to finally be around the corner after regaining 50MA support. Risk/Reward= 1:2| 1:3.8 | 1:6 Expected Profit= +53.01% | +100.80% | +159.04% Possible Loss= -26.51% Fib. Retracement= 0.382 | 0.618 | 0.893 Estimated Gain-time= 3 months Current Price: 0.00000264 Entry Zone: 0.00000263 - 0.00000235 Take-Profit Targets: 1) 0.00000381 2) 0.00000500 3) 0.00000645 Stop Targets: 1) 0.00000183
DLong
by TradingOn
USD v.s JPY;Who wins?The last time we analyzed the chart, the price was around 107 and we expected to climb to the range of 109, which was a good analysis and went exactly according to the analysis. But with the price reaching 109 charts, it started to decline. The last few weeks have seen a sharp drop in the yen in the market, but due to the negative news published for the dollar, we have not seen a rise in prices and even the price has fallen. For next week, we expect the price to drop to the range of 107 and then 105. If the price wants to fall, it must first break the short-term trend line. If the price does not cross this line and rises and crosses the weekly long-term resistance line (blue line) and stabilizes above the line, we must prepare ourselves for longer-term goals. 📣 Attention 📣 ⚠️ 1. We publish this trading idea to help analysts, so if you have an idea that you think is right, do not be influenced by this idea. ⚠️ 2. All our analysis and signals are provided free of charge, so we have no obligation to make any profit or loss on our signals and analysis. ⚠️ 3. If you have an idea, write to us in the comments section, we will be happy to use your idea in our analysis.
by fx_iranian_traders
Operation Dragon SlayerOperation Dragon Slayer] the moon is blue and meanwhile I am all in BCH after my ideas have reached all targets. posted at $666.66. target could be higher. as BCH / BTC could be worth over 1 BTC for less days. this would be a short pump and dump on BCH like when BCH got published. or why do you think that roger ver, jihan wu and kim dotcom are continuously promoting bitcoin cash. love you. bye. roger and jihan sell all btc for bch pump the price very high to generate fomo. hashrate comes over and starves the btc chain of hashpower. everyone migrate over to bch due to horrible congestion, high fees, and long block times on the btc chain.
BITSTAMP:BCHUSDLong
by TheWolfStreet
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