#BTC UpdateBTC_UPDATE
Bitcoin is exactly heading towards the level we predicted on our last update on a correction. We will update a more detailed look out in short time.
For now MACD and RSI looking very bearish and we might as well go to test the 7000 USD if trend continue as it trending now.
Hope you are enjoying our TA forecasts and that hope you did take all the precautions in the mean time.
With Regards.
TeamTWA.
Highprobability
EVX : Upto 300% Profits Opportunity for the Mid Term#Accumulation_Recomendation
Pair : #EVX / #BTC
Platform : #Binance
RSI : 48
Volume : Good looking but needs some more momentum to see a good spike on daily chart.
Note : EMA struggling to become below the price and will be a good indication if it closes below the current candle stick which seems bullish in charter.
Accumulation Area : 9000 sats - 10000 sats
Distribution Targets
Short Term :
Target 1 : 11575 sats
Target 2 : 12600 sats
Target 3 : 14346 sats
Mid Term
Target 4 : 15600 sats
Target 5 : 17211 sats
Target 6 : 18245 sats
Target 7 : 21397 sats
Target 8 : 24410 sats
Target 9 : 28878 sats
Target 10 : 34752 sats
Stop Loss : 8000 sats
Risk : High
Capital Allocation : 4%
The Rise, Fall & Rise of Bitcoin : Part 2Base Story
In the golden days of Bitcoin so far, the king of all digital currencies could achieve to grow from $5400 on November 06,2017 to its all time high $19891 on December 17,2017. As we all remember the time was fully powered by by not only technical analytics but also FOMO based fundamental analysis results. From a technical analysis perspective it is obvious that Bitcoin not only will show a dramatic bull run but we think it will be the leading trading median for the near future in which the world will be based. This "Near Future" duration can't be predicted perfectly but it can be said it is in less than 5 to 10 years that Bitcoin will be a median for the world economy.
Current Situation
To make this post short lets just jump to see what the current situation of Bitcoin's market trend is and lets see what scenario's can be expected next. In the weekly chart on Bitfinex, we can see that Bitcoin already broke the created falling wedge on the beginning of February 2019. After that a little side ways consolidation move takes place and here we are at the verge of a bull run after all. But the main question is will this bull run is going to be achieved in less than 2 month period of time to its ATH like its golden times or are we going to see yet another corrective move. We believe there will be a correction of 3 wave pull back and there we go, we hope we gone have the long waited BTC strong bull run heading to the points where big names like McAfee predicited. . An Elliott wave creation is already on the way and breaks the first resistance line around $7038 by the last 2 days and it seems it is going to start its 2nd wave pulling back to the area between $5900 and $6500 depending the strength of the bulls and main stream media outlets. By this we are expecting Bitcoin to correct and once again to try the next resistance level at around $9480 in the mid term.
Indicators
RSI : Over bought at around 76 for now.
Both EMA(50) and EMA(89) are both below the price which can be considered a good indication to confirm that we are in a bull run.
Volume is amazingly increasing specially by this week and if it continues like this it might also be a good reason to repeat the last quarter of 2017's history.
Our Recommendation
-So our conclusion on the trading of Bitcoin is more of pro Bull run and we forecast a creation of an Elliott wave in the mid term. If you are in a position that you are not having Bitcoins try to convert your alts to Bitcoin when it started its correction.
-If you are holding Bitcoins for now keep your stop loss on the area of $6950 and re-enter the market on the reversal bull run after the 2nd wave creation.
And our conclusion at all is Bitcoin is on a trend that is going to show us some drama and its the time to trade it so smartly hoping all the best for the digital currency era.
LTC : Short Term Profits Upto 10%RSI : 48
- If price goes above the EMA and EMA it will be a good implication for a one leg up move towards point D.
- Volume need to increase a little bit.
Fallingwedge already broken and another elliott wave creation is expected for the short term.
Short Term Profit Target is around 81.90 USDT.
Remember to drop your LIKES and press the FOLLOW button if you are interested by our forecast and be free to DISLIKE the post or right your COMMENT if you not convinced by the forecast. Thank you for your time to read our posts anyways. With Regards.
Good Luck.
Legal disclaimer:
Information on this channel is our team's analyst's "opinion" based on data available at this point in time. These opinions are not recommendations to buy or sell securities/commodities and cryptocurrencies. Trading and investing is a risk and you should not rely on this data to make any financial decisions. You must consult a financial advisory licensed by regulatory agencies in your legal jurisdiction. All information stated here and in our reports don't guarantee any possible profits or losses. Please do consider to do your own due diligence and research when making any kind of a transaction with financial implications.
With Regards. TeamTWA.
You can give us your feed backs and suggestions on our effort in addition to this your questions here in trading view or in our telegram channel by the same name togetherweaccumulate.
EUR/USD Constantly Countin There is major potential on euro downside thats why i have been selling and going break even when possible to do so is a great idea could see some sudden moves on 30 april with the high impact news events , dont follow this its my trade this isnt a signal just to showcase my views if you wish to trade it thats your own choice .
CADCHF High Probability Bearish Setup(Long-term setup)The current price level is a good entry point for such a setup. The trade is probably going to run for quite some time in order to hit our take-profit at 0.70988. Sorry for the big stop-loss. Adjust it according to the specifics of your trading plan.
@JRATRADA - EUR/USD Market CyclesFind Me On INSTAGRAM - @JRATRADA for telegram info:
EUR/USD Made an expanding flat now made 5 waves down creating wave 1, then made a WXY pattern which can be subdivided as 3 waves ABC , so now i have took a channel and i drew from the highs of the waves and funnily enough thats where the 'bars tool' touches , have fun trading risk sensibly.
@JRATRADA - AUD/USD LONG TERM FORECAST Hi Traders , This will be my first post on Tradingview the aim is to showcase how accurate waves can be and help you guys learn.
- AUDUSD WXYXZ Correction looks to be forming
- the 61.8 / 50% fib levels is where we will look for longs
- Trade safe , feel free to message me as i have a paid telegram , or find me on instagram @jratrada
- AUDUSD Looks great plenty of pips to be made
PIVX A PUNTO DE BREAK OUTPIVX A 3 DIAS DE SEGUMIENTO CON UNA SUBIDA DE 1.3% MAXIMO,
Posible endencia alcista entre hoy y manana veremos y esperemos a que reviente.
compra 2015 to 2050
venta 2187 to 2646 ( dependiendo por que target te animes, yo siempre voy a la segura con el primer target)
stop l 1980 - 1975
Con fe segun la grafica y el stocastic rsi estamois cerca al break out.
From The Crypto Zone
De La Zona Crypto.
"Good profits come to those who wait"My USDJPY trade idea has been in the making for the past 5 trading days, over a week now!
Its important though that as a trader you are willing to wait for the right criteria to be met, and to only enter the market on your terms... not the markets. So this is a matter of stalking the market and reaping the rewards later.
Ever since the JPY liquidity crash on January 2nd, the rising channel has supported USDJPY, this level has been strongly defended by the bulls, never more so than the past 5 days. I think the reason why is that if this level is broken, then there is considerable downside available to the bears, with little in the way of support.
So... Onto the setup. You should able to see the point of interest highlighted as the yellow box, showing us the daily Inside Candle setup. This isn't just any inside candle setup however, as it has now stretched to 4 inside candles inside the mother bar! This level of consolidation simply means the breakout could be even more powerful.
Because the Inside Candle Pattern is located on a key market level, it gives it relevance, I wouldn't be interested in trading an inside candle setup in the middle of nowhere with little market relevance. Also it gains further importance due to being formed on the Daily time-frame. All setups and candlestick patterns formed on the daily chart are significantly more reliable than lower time-frames.
To add even more confluence to the trade setup, you can see some further resistance that will be broken by the blue trend-line, any candle breaking the inside bar high, will also break this level. Equally any break to the downside breaks the long term trendline from 2nd January, simply meaning we can expect a big move following any breakout.
There are two ways to trade this setup. The aggressive approach would be to take your entry long when price breaks the high of the mother bar, or a short when price breaks the low of the mother bar. The conservative approach would be exactly the same but you only enter the trade once the candle has actually closed - this avoids the potential of a false breakout but also means you might miss out on some potential pips.
The targets for long trades will be the top of the rising channel.
The targets for short trades will be the next Daily Key Level around 109.000
High probability USDCAD Long With Good R/RUSDCAD has seen Higher Highs ( HH ) and Higher Lows ( HL ) being made on the Weekly and Daily timeframes for a good while now with 1 or 2 Lower Highs / Lower Low fake outs to pull sellers in, however this pair remains bullish. An Inverse Head & Shoulder pattern can be seen on the Daily timeframe which was formed aggressively on the 1st of March. This broke a descending channel creating a HL followed by a HH, with that being said, a HL should be formed to continue our leg to the upside. I have a Minor support on the daily in purple, using the Fibonacci Tool, this sits on a 38.2% retracement zone which will likely be my entry, with a tight stop loss of 30-40 pips. I will be looking for more confirmation with a bullish candle stick pattern at these zones. However this pair can retrace further to the Monthly Key shown which would lay on another great Fibonacci retracement zone. A retracement to the downside by 60-80 pips creating a HL would be favoured for you to then go long on this pair. The DXY looks to retrace before breaching 98.00 regions so this trade looks highly probable as well as the correlation between DXY and Gold, as Gold looks to retrace to the upside before seeing long term downside targets of 1250.00/1260.00 regions.
REMEMBER : Risk management is key for all trades & Have a profitable trading week everyone !
Instagram: keownarcher
#AUDCHF Bullish Breakout Setup - 4HR The 4Hr chart and the daily chart both have long setups as shown by the indicator. This means that if the 4HR setup triggers, the Daily setup will have a high probability of triggering also. Entry is triggered if price breaks .725777 level
I’m looking to take up the the next MTF resistance on the daily chart, around .75190. Stop loss trails with the green dots, and watch the indicator for overextension signals
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Stay calm, and happy trading!