Futures-trading
FKLI encounter mid-point resistance level.Today FKLI's buyers start slowing down at mid-point resistance level (1651 level) .
If buyers failed to breakthrough 1651 resistance level, we could see price retrace to 1635 level.
DISCLAIMER: ABOVE ARE BASED ON MY OWN ANALYSIS, IT'S NOT A BUY/SELL CALL AND DOES NOT CONSIDER YOUR RISK APPETITE.
Position Solifiying Within Future Months - GF1!Considering the inclinated amount of oscillation over the last few months, there is implication to acknowledge the viability of generating sparatic movement towards either a bearish trend or bullish direction. (Patience is Key) Entry Point at Either 162.025 or 128.450.
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Aware and Stick To Your Trading Itinerary).
-LionGate
Bitcoin "Dip" Support AnalysisThe "Dip"
Could this be the moment we have been waiting for? The people who have been on the sidelines, awaiting for their moment to pounce on some blood!? Who knows - but we can evaluate the market in such a way that we may be slightly more clued up, than just putting a finger in the air.
From the dizzying BTCUSD highs of this week (excluding the 19K USD price action), we have retraced ~70%, when looking at the FIB points that I have plotted. We blew through the 100 hr Moving Average (MA) and as such, I view three support levels.
Support 1
~$14690 BTCUSD - Which is at the 0.5 FIB retracement i.e. 50% retracement, nicely hitting off the 100 hr MA.
Support 2
~$12880 BTCUSD - Which is just below the 0.236 FIB retracement i.e. a near 80% retracement - which also lines up nicely with the 200 hr MA.
Support 3
~$11810 BTCUSD - Which a 100% retracement from the aforementioned highs. This coupled with the fact it aligns with the support price levels from earlier in December, would be a highly significant support level. If it blows through this, we may be in for a REAL dip!
Where will the price action go?
What will the impact of the CBOE futures markets coming online on Sunday?
Who knows, but may the odds be ever in your favour !
Are you BTFD!?
AGameofCoins
BTC/USD simple technical Analysis with Target ProjectionMy Theory: I trade the Future since many years and do research about new Markets and their Mechanisms. The Crypto Market is a very new Market so the Possibility of similar Effects in the Beginning of the Stockmarket (19 century) are given.
Too make it short most of the simple stuff out of historical Trading, gone work for a couple of Years.
Let's see if I m Right ;)
Saludos Daniel
A Gold Trade Gone Well*WE'VE ACCIDENTALLY BEEN PUBLISHING PRIVATE IDEAS*
The fundamentals for Gold is looking bullish, and our trade we made back in the beginning of February has performed well using our first draft of the FriendlyTrend Signal. Our initial 5x contract entry at 1221 is not at an above-breakeven stop loss, and the spike up w/ a close allowed for a 4x contract entry with a fill at 1249.
We'll trim off some profits at the 1280 mark if prices rice to that height. Otherwise, the stop loss is currently trailed to the 1222 mark and onward.
Check out our site on our Tradingview profile for more of our trades.
RICE IS A POTENTIAL HIGH REWARD BUY TRADETrendline broken, and market formed a textbook flag above the broken line.
For me a textbook buy signal is forming here.
If you like to take a little bit more risk like me, buy here at 975 and place your stop at 957.
Target would be the longterm trendline at 1060.
This would result in a nice 5:1 Risk:Reward trade.
If your looking for a more conservative approach wait for the flag to break and enter on the break.