GOLD | price in a Downtrend Channel & in the SELL zone,SELL!....GOLD Update..
The price is in a downtrend channel & the price is below Support/Resistance level, If price gives any Bearish Signal, Look for Sell Opportunity...
Push LIKE & SUPPORT the Idea...
For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 1hr timeframe for confirmation to Sell..
Gold is following fundamental news,So trade it with proper SL..
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Excavo
CADJPY | Price near Reversal zone,when to SELL!..CADJPY Update..
the price is near key support/resistance level, If price gives any Bearish Signal, Look for Sell Opportunity...
Push LIKE & SUPPORT the Idea...
For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 4hr timeframe for confirmation to Sell..
Trade it with proper Sl..
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Trend reversal or bull trapIf we talk about technical analysis
I see inverted head shoulders, the same as it was in 2018.
Also we are near MA200, now the situation is identical, we reach this moving and after that we go down
61.8 fibonacci level also works
The media is very bullish
Bloomberg every day there are articles from January, articles for beginners, about "that everything is fine, after 4 months halving and you will see the price twice as much.
There is no bottom when the media say that everything is fine. The bottom is when the media say that this is an apocalypse, collapse, only bad information.
Let's look at the situation regular traders bought at a price of 7-8k dollars
Who is buying 8-9k now? big players?)) I don’t think so, retail traders who jump into the outgoing train
you remember the end of 2018 when the media said that at the end of the year we will see 20-15k and after that you remember that we go to 3k.
What we can see now is the inverted head shoulders, and create the illusion of a return. All those who are now gaining a position are the very people who will be the first to sell, and stop loss in the area of 6800-6400 and after we achieve this, the position closes in the market and we go even lower.
January 25th, we have a Chinese New Year, in the coming week, I think many will go at these prices and after that we will go lower
This is my opinion we are still in the downtrend after a break and consolidation above 10400, for me there will be a final change of trend
Best regards EXCAVO
DAX-30The DAX (Deutscher Aktienindex (German stock index)) is a blue chip stock market index consisting of the 30 major German companies trading on the Frankfurt Stock Exchange. Germany is the strongest economy in Europe. But in Europe is not very good there are more indebted debtors Greece, Italy, Spain ..., England has already fled the sinking ship. And the situation in the European Union will deteriorate. On technical analysis, showed the wave theory of the Elliott. We paint the fifth wave and after down the ABC correction. At the top showed a yellow line of resistance that with a black support line makes an rising wedge - a reversal pattern.
Crypto Total Market CapWe moving in up trend channel with support level at 200 bln
We are near the level of support that we are likely to break down. And again, the exchanges will earn on the
liquidation of large orders, which will cause a snowball. liquidation by a market order - and touch other orders are liquidated. And the panic sale will return to the market. Usually after such sales and large liquidations, the market turns around. I think this is the scenario that will be implemented
But what will we be in 2 months?
A new big telegram player with the TON project, its founder Pavel Durov, and a huge telegram community will come to the market.
I think that this coin will be in the top 5 by capitalization in a year.
And this announcement will be a new impetus for the entire crypto community.
In addition, I see that two exchanges are starting from bitcoin.com and blockchain.com
Draw conclusions
Best regards
Your EXCAVator;)
BitcoinWe move in a symmetrical triangle.
Several times we touched the support line and with good volumes go up. Touched the dashed line of resistance and now we are determined we will continue to move towards the resistance line of a large triangle or not.
But we are still moving down trend channel and now near midle line of this channel
I look at D1 chart and I see we touched MA100
How its works in the past
You can see false break down and after we go up.
BTC % domination we touched MA200
Longs and shorts
longs will go up
shorts - flat
ERD - Al Qaeda called me today, this shit gonna explode soonLet's see if Al Qaeda are talking seriously
IF The candle close above the green line.
1TP @40 Sats
2TP @50 Sats
3TP @60 Sats
4TP @70 Sats
See u soon baby, let's see again!
My Instagram @uncodedmind
ELLIOTT WAVES - characteristics Waves for BITCOINWave characteristics
1. "Market psyche" is almost completely bearish The news is still negative
2. The market is drifting away from recent, hard - work, profitable positions.
The price can roll back almost 100% of Wave 1, but not lower that is beginning .
Usually it is about 50-60 % of Wave 1, and it develops against the background of the dominant predominance of investors who prefer to fix profit.
3. There is a sharp growth of optimism among investors.
This is most powerful and longest wave of growth
(it can't be the shortest), at which prices accelerate and volumes increase. Classical 3
Wave exceeds Wave 1 at least in 1.618 times and may be even bigger.
4. Wave is often difficult to identify. Usually it rolls back no more then 38% of Wave 3.
It's depth and duration, as a mile, is not big.
Wave 4 should not fall below the level of Wave 2.
5. Wave 5 is usually much less dynamic, than the 3 Wave.
During the 5 Wave, many confirming technical indicators begin to fall behind the price movement.
Also at this time, some oscillators start to show negative divergence, warning that the
market is moving to the top.
SKY signal by EXCAVOSkycoin
1.RSI look very bullish
2. Good dynamics of growth bids (green) and a decrease in the volume of ascs (red).
vcdepth.io
3. Huge sales by market. And this is what leads? A lot sold on the market at a minimum - let's go up. The offer was thrown into the market, the market was swallowed up, the demand was not falling, respectively, the price was driven higher.
Use stop loss
GOLDGood news for gold we break out resistance line of triangle and break out accumulation zone its mean gold come back to big game.
We have interesting situation on world financial market
Some 40% of global bonds are now yielding less than 1%, according to data compiled by Bloomberg.
www.bloomberg.com
Latest Global Housing Watch Data
Real estate at high prices
www.imf.org
Indexes
SP-500 - High
Nikkei 225
DAX-30 - high
If you are big player where you will be invest?
In a stable financial instrument who never during financial turmoil
Also check this idea
ZILBTC Trading Signal By EXCAVO LTCBTC
#Trading Signal
How to increase the amount of bitcoin?
ZILBTC
buy zone 0.00000087-0.00000100
stop 0.0000082
1st targets 0.00000130 ( 25 % )
2nd targets 0.00000157 ( 50 % )
3rd targets 0.00000196 ( 88% )
Recommendation
Divide a deposit into this deal into three parts
Place orders on three levels
1 level 0.00000100 (20 % depo )
2 evel 0.0000095 (20 % depo )
3 level 0.00000087 (60 % depo )