Get started

Finance

BITCOIN | Multy-year Highs Are Waiting For!Hi, Long-time no see. After a short-term buying opportunity, I haven't seen anything considering the Bitcoin movement and even this one was a long time ago. "Interesting" times, looks like the summer vacations are fully on and BTC movement supporting vacations too. ;) Soon it might be over, so swipe the dust off your computers and start to prepare. As I have said previously, if the streets get bloody, the winners will be only these players who prepared for it. The current pressure is down and let's look at a bit lower prices from where the price of Bitcoin can find support. These price levels are not far away. Yes, price-wise 5k to 15k seems quite a huge gap to fill but if it starts to roll it can collapse quite heavily because we still need some liquidity. As you see from the image above the price of BTC has started to approach previous yearly highs which now starting to act as support. Also, I can say that this is a quite good retest area, especially the lower one which stays below 20k. There is a low chance that the price of Bitcoin cannot reach 20k and below of that because there are some interesting criteria that might work as a support. At the moment, the price approaching 2020 high and around the current price is also 2021 low. Some low amount of liquidity might have below of that price levels and there is also the Fibonacci retracement level waiting for us. Fibonacci retracement level of 62% has worked historically quite perfectly. Even in my technical analysis classroom, I have shown how perfectly Bitcoin will react to Fibo 62%. So, here is the opportunity for long-term investors to slowly start building their positions. The major area stays below 20k. There are quite a few previous yearly highs that now start to act as a support zone. A zone from where to make a technically good buy. It is a good sign that the price isn't retested 20k after the breakout. It adds strength to it because after the break of 20k the price just flew away. There we have multi-yearly highs which act as support levels plus there is Weekly 200EMA. It has been also quite a good criterion to hold the price up and even the bounces of that have guided the price of Bitcoin into the bull runs! From 3k to 14k and from 4k to 64k, quite an amazing history yes? :) Be prepared! The collapse might come and it might be fast. The pressure is down and these are the major lower zones that I'm looking for and I know when and why I will act! Regards, Vaido
COINBASE:BTCUSD
by VaidoVeek
22
$YFI/USDT 3h (Binance Futures) Descending channel on midlineYearn.finance is down-trending but supply zone seems to be holding and RSI is showing strength. That's why expect it to break bullish even if that pennant is usually a bearish one! Current Price= 27961 Buy Entry = 27995 - 27569 Take Profit= 29213 | 30672 | 31905 Stop Loss= 26633 Risk/Reward= 1:1.25 | 1:2.52 | 1:3.59 Expected Profit= +20.60% | +41.60% | +59.36% Possible Loss= -16.56% Fib. Retracement= 0.236 | 0.382 | 0.5 Margin Leverage= 4x Estimated Gain-time= 1 week
Long
by TradingOn
1
NZDCAD H4 - Long SetupNZDCAD H4 Resistance has seen an upside breach. Waiting for a support pullback, once of the main perks trading this strategy, regardless of whether a zone holds and rejects, or breaks and retest. We can also prepare and measure the trade or alternative trade, depending on what happens. As annotated, waiting for the pullback (just like DXY H4 chart) before looking to load up on long positions, TP initially would be the breakout high extension. Nice H1/H4 trend which looks clean too, so a nice continuation of that would work in bull favour.
Long
by Trade_Simple_FX
Nzdusd downtrendNZDUSD The instrument is trading sideways. A clear range within which the boundaries are respected. The trend is downtrend, and therefore, if the price reaches the upper border, you can enter a short one. I look forward to falling from 0.7096 to support the 0.692 range ——————— 9/11 last NZDUSD ideas come TRUE ✅NZDUSD№1 ❌NZDUSD№7 ✅NZDUSD№2 ✅NZDUSD№8 ✅NZDUSD№3 ❌NZDUSD№9 ✅NZDUSD№4 ✅NZDUSD№10 ✅NZDUSD№5 ✅NZDUSD№11 ✅NZDUSD№6 ✅NZDUSD№12 ———————
by fxpremiere
Eurgbp downtrend The tool goes down in price. It is hard enough for him to do it on low volatility . Perhaps such a consolidation approach will give a strong movement in the future. The target - which I'm interested in, is the ambassador of the price rollback from the level - support 0.8473 ——————— ❗️15 / 17 last EURGBP ideas come TRUE ✅EURGBP №1 ✅EURGBP №10 ✅EURGBP №2 ❌EURGBP №11 ✅EURGBP №3 ✅EURGBP №12 ✅EURGBP №4 ✅EURGBP №13 ❌EURGBP №5 ✅EURGBP №14 ✅EURGBP №6 ✅EURGBP №15 ✅EURGBP №7 ✅EURGBP №16 ✅EURGBP №8 ✅EURGBP №17 ✅EURGBP №9 ——
by fxpremiere
Audusd uptrend Audusd uptrend The price renewed the local low of 0.748, but did not go down, a false breakout relative to this price and returned to the support level . I am guessing that the price will rise. The target I'm interested in is the resistance at 0.775 ➖➖➖➖➖➖➖➖➖ My past forecasts on AUDUSD👩‍💻 №1AUDUSD+260p✅ №2AUDUSD+173p✅ №3AUDUSD+150p✅ №4AUDUSD+130p✅ №5AUDUSD+165p✅ №6AUDUSD+135p✅ №7AUDUSD+73p✅ №8AUDUSD+67p✅ №9AUDUSD-20p❌
Long
by fxpremiere
$C very bullish/outlook Focusing on the daily here IMO I believe Citigroup ticker $C is absolutely primed for a move up. I am extremely bullish for a rotation back into the financial sector but also from a technical standpoint. As we can see a solid bounce on our higher time frames with lots of sellers getting shaken out. RSI plenty of room to run, focusing on W formations on the relative strength index for further bullish confirmation.... However, as I’ve said, I am extremely bullish on $C and believe that we will see a move up in price within the next 2-4 weeks if not sooner....
NYSE:CLong
by AndrewRoupas
Bottom of the barrel trend. Only up from here. This company recently IPO'd (went public) and is in the robotic process automation industry which enhances companies’ workflows through automation. In essence, the company saves, time and resources of the employees by streamlining processes. Technically speaking, the company has been on a strong downtrend yet recently it has consolidated and has bounced off support various times. Additionally, the risk/reward is very compelling for this stock due to the fact that it has seen highs of the high 80s (+30%) range, yet the downside to low 60's or 10%. Furthermore, the stock has been getting purchased from the lucrative ARK fund. This can cause quite the stir amongst the fiance media community and further enhance its upside potential. More analysis on my profile.
NYSE:PATHLong
by howdydany
3
What is Olympus?Olympus is an algorithmic currency protocol based on the OHM token. It introduces unique economic and game-theoretic dynamics into the market through asset backing and protocol controlled value. How can I benefit from Olympus? The main benefit for stakers comes from supply growth. The protocol mints new OHM tokens from the treasury, the majority of which are distributed to the stakers. Thus, the gain for stakers will come from their auto-compounding balances, though price exposure remains an important consideration. That is, if the increase in token balance outpaces the potential drop in price (due to inflation), stakers would make a profit. The main benefit for bonders comes from price consistency. Bonders commit a capital upfront and are promised a fixed return at a set point in time; that return is in OHM and thus the bonder's profit would depend on OHM price when the bond matures. Bonders benefit from a rising or static OHM price. Want more info? here! ...brutal.
OLong
by harribatu