BITCOIN created history_( New ATH), what to expect next??...Please Support this Idea with LIKE if it is Useful....
BITCOIN
Yesterday Bitcoin created history by creating new All Time High(ATH), The price has been moving in an ascending channel, and so far price has been respecting the boundaries, I don't suggest to buy when the price is in strong momentum, I suggest to wait for a correction to Buy again, If price makes a correction towards $20,000 level and holds the support structure and psychological level of 20K, I expect the price to continue moving higher..
Push LIKE & SUPPORT the Idea...
*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
TESLA showing reversal signs, RSI divergence + channel rejectionPlease Support this Idea with LIKE if it is Useful....
TSLA
The price after a strong bullish move started showing reversal signs viz_ price is giving RSI divergence i.e (price pushing higher and RSI pushing lower) & price is showing rejection from Ascending channel's upper trendline, so I expect price will make a correction towards support structure around 500 level.
Push LIKE & SUPPORT the Idea...
*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
16.12.2020 - Basic Attention Token (BAT / BTC)Hi Traders!
Every Wednesday we offer you an analysis of a specific cryptocurrency so that you know in which direction its price can move. Today, however, we will do it a little differently and show you a concrete trade that Jakub entered on the Binance exchange. It will be a cryptocurrency pair BAT / BTC.
When entering the trade, we always pay attention to basic metrics. I like to trade breakouts, as in this situation, for example. BAT is in a falling wedge, which we classify as a reverse pattern. This means that it is the pattern that reverses the trend and the current one is downwards. Of course, these patterns do not always work 100%.
I placed stop loss below the current "low" and thus below the value of 1,061 satoshi. Stop loss is specifically at 1,054 and thus at the level of - 6.23%. This is a potential loss that I am willing to risk. If our analysis is correct, we should not fall below this value. As for the targets, in this case, I chose two - I placed the first at the value of 1,239 satoshi, ie 10.24% profit, and the second at the level of 1,325 satoshi, ie 17.99% profit.
Personally, I trade such cryptocurrencies in such a way that if the price reaches the level of the first target, I will shift the stop loss to the input value. As a result, we no longer risk anything in a given trade and can be relatively calm. Also, if we have two targets, then we must divide the order into two parts. For example, if we have 1,000 BAT, we will sell 500 on the first target and 500 on the second one.
This analysis does not represent financial advice. However, we think that once in a while it is appropriate to show a specific set of the trade.
May the crypto be with you!
EURUSD_wait for structure Break_&_Retest to Buy for +200 pipsPlease Support this Idea with LIKE if it is Useful....
EURUSD
The price is moving in an ascending channel and currently price is ranging below support/resistance structure, If price manages to break above resistance structure then after a retest of the structure if price holds the level I expect the price to grow towards next resistance structure.
Push LIKE & SUPPORT the Idea...
*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
EURAUD_wait for candle to close above support, +220 pips growth Please Support this Idea with LIKE if it is Useful....
EURAUD
After a break below support structure price came back above support and if the current candle manages to close above the support then after consolidation if price continues to hold above support I expect the price to grow towards resistance structure..
Push LIKE & SUPPORT the Idea...
*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
AAPL_price in asc. channel, Bullish wave expected from support.Please Support this Idea with LIKE if it is Useful....
AAPL
The price after a bullish breakout of the triangle pattern made retest of the support and then price started to grow from the support and price is now moving in a channel, If price holds the support I expect the price to move higher.
Push LIKE & SUPPORT the Idea...
*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
XAUUSD_Sell from the des. channel resistance for +4.5% fall..Please Support this Idea with LIKE if it is Useful....
XAUUSD
The price has been moving in descending channel channel and price is approaching channel's upper trendline resistance , If price shows rejection from the channel's resistance I expect price to fall towards the support.
Push LIKE & SUPPORT the Idea...
*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
Time to short Tesla(TSLA)_started correction from channel's top.Please Support this Idea with LIKE if it is Useful....
TSLA
The price after a strong bullish move, started a correction from the upper trendline of the ascending channel , I expect price will make a correction towards 500 area.
Push LIKE & SUPPORT the Idea...
*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
NZDUSD_wait for breakout & retest of channel to sell for +170 p.Please Support this Idea with LIKE if it is Useful....
NZDUSD
The price has been moving in an ascending channel and now price is showing rejection , If price manages to break below the channel then after a retest of the channel, I expect price to fall towards the support.
Push LIKE & SUPPORT the Idea...
*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
Bitcoin 2.12.2020I showed an uptrend channel on the chart
I expect a test of the lower line of this channel, possibly a false channel breakout in order to liquidate the weak hands of margin/futures traders with large leverage. How was it last time
greed and fear index 91-94 (super greed)
Support at 17500 and 16200 (23.6% and 38.2% level fibonacci)
After that, I expect new ATH
Best regards EXCAVO
EURUSD started correction from channel, 140 pips fall expected Please Support this Idea with LIKE if it is Useful....
EURUSD
The price has been moving in an ascending channel and now price is showing rejection from the upper trendline of the asc. channel , I expect price will make a correction towards 1.20000 level(support structure)..
Push LIKE & SUPPORT the Idea...
*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
USDCAD_ Buy on the 3rd touch of trendline for 200 pipsPlease Support this Idea with LIKE if it is Useful....
USDCAD
Previously the descending trendline has been acting as a strong support for the price, I expect the price to bounce on the 3rd touch of the trendline for 200 pips
Push LIKE & SUPPORT the Idea...
*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
GOLD (XAUUSD)_Important Breakout & Key Levels..Please Support this Idea with LIKE if it is Useful....
GOLD(XAUUSD)
GOLD_XAUUSD broke above a strong Resistance structure yesterday with a high momentum Bullish candle.
the key Resistance levels to pay attentions were as follows:
Resistance 1 - $_1,898
Resistance 2 - $_1,931
Resistance 3 - $_1,966
Push LIKE & SUPPORT the Idea...
*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
GBPUSD_ high time to Sell cable for a big bearish move, 370 pipsPlease Support this Idea with LIKE if it is Useful....
GBPUSD
The price is approaching strong resistance structure and is moving in a rising wedge shaped structure, I expect the price to move lower for 370 pips.
Push LIKE & SUPPORT the Idea...
*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.
AUDUSD_ back below resistance, sell the structure break for 190pPlease Support this Idea with LIKE if it is Useful....
AUDUSD
the price is back below support/resistance structure and price has been moving in a rising wedge shaped structure, If price manages to break below the wedge structure, I expect the price to move lower for 190 pips.
Push LIKE & SUPPORT the Idea...
*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.
USDCHF_wait for break & close above level to buy for 60 pipsPlease Support this Idea with LIKE if it is Useful....
USDCHF
The price is attempting to break above support/resistance level, If price manages to break and hold above support I expect the price to grow towards the resistance around 0.89800 level.
Push LIKE & SUPPORT the Idea...
*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
EURUSD rejected from asc. channel. +200 pips fall expectedPlease Support this Idea with LIKE if it is Useful....
EURUSD
The price has been moving in an ascending channel and now price is showing rejection from the upper trendline of the asc. channel , I expect price will make a correction towards 1.20000 level(support structure)..
Push LIKE & SUPPORT the Idea...
*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
EURUSD shows rejection from asc. channel, correction to 1.20000 Please Support this Idea with LIKE if it is Useful....
EURUSD
The price has been moving in an ascending channel and now price is showing rejection from the upper trendline of the asc. channel , I expect price will make a correction towards 1.20000 level(support structure)..
Push LIKE & SUPPORT the Idea...
*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
EURJPY rejected from asc. channel, sell for +130 pipsPlease Support this Idea with LIKE if it is Useful....
EURJPY
The price rejected from the upper trendline of the ascending channel, If price stays below the asc. channel I expect price fall towards the support structure
Push LIKE & SUPPORT the Idea...
*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