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Dragon

DRGN BTC Possible 10x Rounded BottomDRGN dropped considerably after it's last huge 5x pump down to nearly 120 sats. Currently it is hovering just a bit over 200 and looks like it is ready climb again. The MACD has just achieved a bullish crossover. DRGN is pushing up against the 20ma Bullish volume is exceeding Bearish The RSI is pointing up, with a long term bullish divergence. The fib retracement is putting a target of 1200 sats on my chart matched perfectly with a rounded bottom pattern. Target 1 500 sat Target 2 1500 sat Target 3 2400 sat ATH 22230 sat (100x) Considering current market conditions as well as the indicators on the chart, Dragonchain has all the indications of being a potential life changing buy at this price.
DLong
by CatShark
2
GBPJPY - Short IDEAIdeal situation - Sunday open with a Gap up. Or Gap down and fill to the upside. Looking for an entry around this level + a few pips above. Testing some key levels. FYI 100% - this is NOT a trade idea for following, just testing behind the scenes. Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
Short
by Mayfair_Ventures
1
GBP/USD : BEARISH DRAGON PATTERN FORMATION 🔔Welcome back Traders, Investors and Community! Analysis of #GBPUSD If you have found this useful then help us support my page by hitting the LIKE button. If you are not subscribed yet then please feel free to follow my page for daily updates and ideas. Thank you It means a lot to us! *** Strategy: Bearish DRAGON pattern A clear chart is Always the best business card for a trader. *** Your support and feedback will always welcome Thank you for your time. The information contained herein is not intended to be a source of advice or credit analysis Regards, Walter
Short
by FOREXN1
4
AUD/CAD : UPDATE BEARISH DRAGON PATTERN + MACD DIVERGENCE 🔔Welcome back Traders, Investors and Community! Analysis of #AUDCAD If you have found this useful then help us support my page by hitting the LIKE button. If you are not subscribed yet then please feel free to follow my page for daily updates and ideas. Thank you It means a lot to us! *** Breakdown it's happened, so we have chosen to enter the trade. Strategy: BEARISH DRAGON PATTERN + MACD DIVERGENCE A clear chart is Always the best business card for a trader. *** Your support and feedback will always welcome Thank you for your time. The information contained herein is not intended to be a source of advice or credit analysis Regards, Walter
Short
by FOREXN1
1
AUD/CAD : BEARISH DRAGON PATTERN + MACD DIVERGENCE 🔔Welcome back Traders, Investors and Community! Analysis of #GBPCAD If you have found this useful then help us support my page by hitting the LIKE button. If you are not subscribed yet then please feel free to follow my page for daily updates and ideas. Thank you It means a lot to us! *** Strategy: BEARISH DRAGON PATTERN + MACD DIVERGENCE A clear chart is Always the best business card for a trader. *** Your support and feedback will always welcome Thank you for your time. The information contained herein is not intended to be a source of advice or credit analysis Regards, Walter
Short
by FOREXN1
Short GBPJPYBrexit and Covid 2.0. No real need to say much else. However, we are in a Daily wave 4-5 of an Elliott wave. We should see a little pullback and a bigger drop. COT data also major short the GBP and net long JPY. There were key turning points in the Cycle indicator on the 5th, 10th and 15th - next is the 23rd, to the 29th. Let's see where next. Suprised if it gets to 137.85 now (low volume node) given the other data. Just waiting for UK Govt to come out with a crazy statement and GBP will sink. Good luck. Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s and Forex. Hence each trade setup might have different hold times, entry or exit conditions and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
Short
by Mayfair_Ventures
3
The Dragon is SOARINGA quick update on GJ from my last post. My 1HR analysis wasn't 100% spot on but.....it was pretty close. The market closed below the 1HR demand zone I had drawn just to come down and reject off another demand zone at 131.800. (Check last post to see what I'm referring to). On the 4HR time frame however, the market came down retested that 4HR (orange) ascending trend line, followed by printing an inverted hammer on the 4HR time frame all while closing above the EMA which is now acting as support. It also rejected off the 4HR demand zone I had drawn at 132.000 while printing a double bottom right on top of it and finally closing back above it. Entry was at 132.428. Currently up 334 pips and counting. The market is approaching the 136.000 level. We'll have to tune in and watch how it reacts to that level as resistance. But until I see the market print anything that tells me that it's going to drop, WE ARE GOING LONG BOYSSSSS. *INSERTS CORNY YOUTUBE PHRASE "LIKE, COMMENT, SUBSCRIBE'*
Long
by steventrojas