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Thoughts on BTC movementThe past few days have been great for the crypto market overall. BTC is up more than 10% since the visit to 29k and that too without any short-term dip or revisits, which is the exact kind of event that makes me wonder whether this pump is justified or not. The bulk of the buying was due to the buzz around the recent "The ₿ Word", which did not yield any successful results, which is why I think the shown path is likely to be followed. Hopes remain high (I've shorted anyway). Let's see how it turns out. BINANCE:BTCUSDT BINANCE:BTCUSD
BINANCE:BTCUSD.PShort
by CryptoVernian
Devon Energy (DVN) | Technical Break, Wait For a Retest!Hi, another idea from the stock market. Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. It operates approximately 3,942 gross wells. Devon Energy Corporation was founded in 1971 and is headquartered in Oklahoma City, Oklahoma. Technical analysis of DVN looks promising. The price of Devon Energy has made a break above the trendline which is pulled from ATH in 2008. It has worked quite strongly as resistance and after the break above it starts to act as a support. There is also a minor level around $20. It has played quite a significant role considering history. It is good that the trendline and the strong horizontal area form a grossing zone which adds strength to the future retest. We haven't seen higher highs on the monthly, but if you look at smaller timeframes then there are some minor breakouts of the structure (higher highs) which are good confirmations for future growth. If you are made your own fundamental research and you see that it might be a good investment then technical analysis confirms it, at least mine. Remember, a perfect investment consists of good fundamentals and good technicals. If one of them does not meet your expectations then skip it, easy. If you have the green lights from both analyses then you can start building your positions from £23! Have a nice weekend, Vaido
NYSE:DVNLong
by VaidoVeek
1
PINDUODUO Inc. (PDD) | Chinese E-commerce Inside a Buying Area!Hi, Pinduoduo Inc., through its subsidiaries, operates an e-commerce platform in the People's Republic of China. It operates Pinduoduo, a mobile platform that offers a range of products, including apparel, shoes, bags, mother and childcare products, food and beverage, fresh produce, electronic appliances, furniture and household goods, cosmetics and other personal care items, sports and fitness items, and auto accessories. The company was formerly known as Walnut Street Group Holding Limited and changed its name to Pinduoduo Inc. in July 2018. Pinduoduo Inc. was incorporated in 2015 and is headquartered in Shanghai, the People's Republic of China. Technically speaking, the price of PDD has landed inside the possible rejection area. Quite strong criteria matching each other around $81 to $106: 1. Fibo 62% 2. Minor trendline 3. 50% from the ATH 4. Role reversal 5. Round number Do your own fundamental research and if it looks attractive then you have the technical confirmation from my side to buy it! Regards, Vaido
NASDAQ:PDDLong
by VaidoVeek
10
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