Get started

Finance

BITCOIN | Strong Resistance, Don't Rush, Wait For a Break!Hi, During the weekend the price of BTC got a small rejection downwards but climbed "up" pretty quickly. Do you think it is a good time to buy it for mid, - long-term? I will say no, it is not a good time to buy it because the area just above the current price is pretty strong and actually it will be a deciding point for further BTC movement. At the moment, I can see that the price of BTC might climb higher to retest the area around $35000. Currently, it fights with 4-hour EMA50 which acting as a resistance and if the price manages to break above it then the strongest zone/resistance will be there pretty quickly. The strong resistance consists of two types of trendline ; the higher one will act as a resistance waiting for a third touch and the second one, lower, will also act as resistance but the type is a bit different. We have a strong 4-hour candle break below of it. Strong candle break means it is definitely a line to keep an eye on because the price needed a strong volume to break below and now it acts as resistance because the price comes to retest it. The crossing area consists of: * Prementioned trendlines * Mid-number $35000 acting as a resistance, worked previously multiple times * Strong area around 35k, several rejections upwards and downwards, it shows that currently, it is a pretty psychological level for investors/traders * Different Fibonacci levels As said, currently, I don't recommend buying BTC for the mid-, long-term. Wait for the breakout of it. Wait, let the price shows that it is ready to climb higher and THEN you can act. It is not worth taking a risk from current prices because the down pressure is still alive. It can be also a possible selling area but we need a candlestick pattern confirmation to make another short-term sell from it. Bearish candlestick patterns what I will wait for are here Regards, Vaido
COINBASE:BTCUSD
by VaidoVeek
33
ETHUSD – Ethereum – Week 4 – To the MoonThere is a lot of buzz in the investment and crypto communities around ETH, considering the latest innovation in the field, the launch of their parallel stacking network Ethereum 2.0 . Therefore we think that investors will allocate a lot of capital in this endeavor. Technically, Ethereum’s bull case seems stronger than that of BTCUSD at this point. We are expecting for prices to skyrocket, making new highs shortly. The minimum target that are we expecting for ether is at least 1800 USD per ETH. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
BITSTAMP:ETHUSDLong
by financialflagship
3
LTCUSD – Litecoin – Week 4 – In the MiddleLTCUSD like BTCUSD is in a weekly bullish trend that now has lost a little momentum and it seems it’s making a correction before resuming the trend again. We are expecting more sideways moves before breaking the top and reaching eventually the all time high in December 2017. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
COINBASE:LTCUSDLong
by financialflagship
XRPUSD (Ripple) – Week 4 – Correction for more downThe fundamental weekly sentiment for Ripple is bearish, taking into account the SEC’s lawsuit against the company in December 2020 and the expected first trial that will take place in February 2021. Technically , XRP is making a big consolidation that is expected to break lower at some point and retest the March 2020’s low. When that price is reached we are seeing a great investment opportunity. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
BITSTAMP:XRPUSDShort
by financialflagship
2
BITCOIN (BTCUSD) –Week 4– More sideways or resuming the uptrendBitcoin is in a big weekly bullish trend and we were expecting for a deeper pullback to fuel the next leg up. Fundamentally the new Secretary of Treasury of the USA Janet Yellen and the President of the ECB Christine Lagarde are showing signs that they would want to regulate the space of cryptocurrencies driving their volatility up in the next period. Technically, Bitcoin could stay longer in the range highlighted on the chart but the higher probability is to resume the uptrend by breaking the top and reaching new highs. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
BITSTAMP:BTCUSDLong
by financialflagship
2
SP500 Special - It won't go up foreverToday we will release a special analysis on the long term state of the stock market in the United States following the recent events (inauguration of President Joe Biden). As you can see from the chart we are in a big uptrend that started in 1872 (yes, we have data from that time in Tradingview) with some corrections, the most notable being the 1929 Depression and the price structure that was formed from the 2000 Tech Bubble burst (started April 2000) and the 2008-09 Recession (ended March 2009). If you follow the price structure along the way up you can see smaller correction that have always pushed the price higher after their completion (April 2011- October 2011, April 2015 - March 2016, Jan 2018-Jan 2019). The recent COVID 19 pandemic created a sharp drop in Feb 2020-March 2020 followed by the powerful continuation of the uptrend backed fundamentally by the FED printing trillions of dollars to support the economy. It is obvious to anyone who has studied market cycles and knows how the markets work that an uptrend or a downtrend won't go on forever. Even if it is for the American economy to continue to push higher at some point it will need a correction that will be bigger that the smaller ones mentioned in the above paragraph. The dangerous scenario here is a reversal from uptrend to downtrend that will possibly mean a stagnation period of several decades for the American economy even longer if we take into account the notion that correction are time wise bigger than impulses. When will this happen? No one knows, it may well be that markets push higher for the next 5, 10 or 20 years before some bigger correction will start but as winter follows summer it is bound to happen. We are surely living in interesting times! FractalTrading News : If you are passionate about trading and researching obscure topics in finance/economy, discover the next bull of bear investment that will make you a lot of money please follow us, like our content and share it with your friends and family. Our goal is financial independence through smart investments and trading. We will post weekly forex and crypto analysis on this channel but if you have requests of analysis on particular stocks and commodities please leave us a message and we will consider it. Let's build a community of investors/traders that shares the same goals and aspirations. Trade with care. Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. We do not recommend making hurried trading decisions. You should always understand the risk that trading implies and that PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.
TVC:SPX
by FractalTrading
2
Where are you at?Hey guys! Let's have a look on GU of 4H timeframe. Now we are sitting on the main level of resistance (4H and Daily as well). Gonna wait for new impulse to the upside according to our trend. But on a Daily timeframe we can notice ascending nature (channel) and we know this is reversal pattern. So the new impulse to the upside should appear and then wait for a retrace candle on 4H timeframe to get a short position. There are a lot of space on Daily timeframe to get to our main level of support 1.3400. Let's go!
by Infinity_Limits_Trade
WIRECARD AG 2020 was a hard time for everyone because of Corona , but one of the biggest shock of stock market was Wirecard scandal. I believe even after all this chaos around Wirecard, it would rise again in future. Of course the time could not be predicted. Wirecard was a BlueChip stock, they have billions of Euro worth business running still now. The share fell down because of scandal and closing operations in different countries, but in longer term if there comes the long waited news of selling Wirecard to a new company could push the price upwards. As, it could bring relief and trust among investors once again. *** Do your own research. This is only my own analysis, not an investment advice.
W
by crackthechart
EURJPY: Breakout Trading Plan EURJPY is trading within a major expanding wedge pattern on daily t.f. Its support line was reached yesterday. On 4H the price is steadily falling within a falling parallel channel. To buy with confirmation, I recommend you waiting for a bullish violation of the resistance line of that channel first. Only then long position can be initiated with initial goal - 126.83 In case of bearish breakout of daily wedge's support, setup will be invalid and bias will change to bearish! Please, support this idea with like and comment!
Long
by VasilyTrader
19