TODAY FOR THE BITCOIN TARGET!!!!I took a long last night at $24,914 usd on Bitcoin and she is pumping today!!!! i also long leveraged longs on doge coin and shiba inu. Happy HODLING everyone
James
Bitcoin $btc 1day chart, Exercise caution, With fed (cpi) meeting in a couple weeks, coupled with a bullish $dxy (us dollar) expect some volatility
in Btc in September, we also have the eth merge in less than 10 days.
Plenty of seller exhaustion on the daily rsi giving buyers (bulls) the chance to takeover.
Bitcoins Elliot wave theory
Waves 1, 2, 3, 4 and 5 form an impulse, and waves A, B
and C form a correction. The five-wave impulse, in turn,
forms wave 1 at the next-largest degree, and the three-wave
correction forms wave 2 at the next-largest degree.
$18500 would be a good entry for a swing long.
Not financial advice, do your own research. I am not a financial advisor.
have fun traders, like and subscribe, boost, tip.
kind regards
Bitcoin BTC/USDT 2HBitcoin BTC/USDT 2H
low volume, currently bears have control and dictating the pace of the asset on most time frames.
rsi and Stoch rsi of 59.87 and 48.60 fairly neutral for now,
I see a retest of 19533, twice used as support,(double bottom). If respected, triple bottom could see some upside
to 20544 a previous resistance and then to 21839 if the bulls can regain control.
Bear case break support and test 18896.
bitcoin long-term view, CRAZY GAINS The idea may seem a bit crazy for today. but we should consider something very important
if you look at apple stocks or amazon stocks these companies could get a lot of attention when they introduced a revolutionary product. for example apple intro iPhone 2007 and after that there was the biggest boom in apples history
Bitcoin just had its halving last year and by November layer 2, privacy, smart contracts and more are coming to btc network. also we will have defi coming to BTC.
4years after that we will have next halving and lots of more exciting updates.
the domino effect has already happened with institutions and governments to put bitcoin as their reserve currency.
Bitcoin mining climate effect is being addressed and not too long from now its going to be a lot greener.
everything is in favour of bitcoin. so HODL onto your coins and enjoy the ride for the next decade as it all belongs to our Crypto world currencies.
EURCHF - SHORT - 19092017EURCHF SHORT INCOMING.
Bouncing off major resistance and STOCH is showing over bought, and is crossing over to confirm a SELL.
AUDNZD - LONG POSITION - 19092017Nice LONG approaching for AUDNZD after a downwards trend over the recent weeks.
Stoch needs to recover, and retest the resistance / support channel shown.
AUDUSD - UPDATED 19092017 - SHORTAfter the nice sell came in, we should we a SELL back down to the lower BB as shown in the lower highs.
AUDUSD - BUY POSITION - 18092017BUY for AUDUSD - analysis shown.
Nice BUY occurring after fundamentals caused a nice SELL breakout. Consolidation occurring.
USDJPY - BUY POSITION - SL AND TP SHOWNUSDJPY - BUY
Looking like it may re consolidate and then return as a large BUY into the next resistance and possibly up to 114.
GBPUSD - SELL - 05092017GOOD SELL OCCURING FOR GBPUSD
After the price exceeding the BBANDS, a good SELL reversal is now incoming. You can expect the price to drop down as far as SUPPORT shown or atleast to the outer BBAND in the bigger swing of things.
Enter when the price hits the RESISTANCE level shown.
USDCHF - SCALP SELL THEN LONG - 05092017 (The Wall is falling)USDCHF
For the rest of the week and into next week we will see a continuation of a SELL on this pair until around the reversal area shown.
On the larger scale of things, after the BEARS have finished the BULLS will return with enough momentum to break the line shown and make it's way up to the resistance line shown.
The Wall Is Falling.....
CADCHF - SELL - DAILY CHARTS - 05092017HUGE SELL occuring on the DAILY.
It looks like the price will finally loose its ongoing test with the resistance shown and plummet down to atleast the outer BBAND if not further down to SUPPORT shown.
This could big a long term trade as a SELL for the near future on this pair.
EURGBP - SCALP LONG BIG SWING SELL - 05092017USDJPY
Interesting one, on the weekly it is showing a massive SELL, where you will see it surpass the currently tested resistance / support zone.
For the main part of this week it should continue as a BUY but come the weekend we should see a nice reversal into a BIG SWING SELL.
ENTRY CONFIRMED.
USDJPY - LONG POSITION - UPDATED 05092017USDJPY obtained maximum profit on our SELL earlier in the week / last week.
LONG POSITION is now confirmed after the price hit MAJOR SUPPORT today.
TP AREA AND SL - Dotted lines show the reasoning behind them, along with the volatility shown in BBANDS.
AUDCHF - UPDATED - 05092017AUDCHF UPDATED AFTER PROFIT ACHIEVED.
Long position ahead after clear doji's appearing on the candles in line with the dotted trend line shown.
Happy to say it will surpass RESISTANCE and then test at our TP AREA. Reason behind this is that the BBANDS are showing good volatility
AUDUSD - SHORT POSITION - 05092017PREVIOUS ANALYSIS - AUDUSD STOPPED OUT.
UPDATED ::
Still confident a short will occur, if you look at the RED CIRCLED areas you will notice that STOCH and BBANDS are signalling a SELL to around the lowest BBAND.
Further DOJI appearing on the 4HR candles, confirming that this may indeed be a SELL.
AUDUSD - SELL - 09042017 Using crosspairs and graph analysis i am confident that we will see the price drop down to support, or atleast to the outer BBAND.
SL needs to be tight, to prevent getting caught in any bull breakouts.
USDCAD - BIG SWING LONG POSITION - 04092017USDCAD BIG SWING BUY POSITION ON THE DAILY.
Looks like the price will retest the support / resistance line shown and then continue to the outer bollinger band.
BONUS CHANCE -
USDCAD may continue to rise after reaching the outer bollinger band.
If you look, the two outer bands are exerting away from each other.
EURCHF - SHORT SCALP - 04092017EURCHF - SHORT SCALP UNDERWAY
Isn't looking good for EURCHF, can expect it to continue as a SELL until it reaches the LOWER BBAND or possibly tests support.
ENTRY AVAILABLE.
AUDJPY - SHORT POSITION - 04092017AUDJPY - FAVOURITE PAIR
Short position entry available as we speak to SELL down to the lower SUPPORT LINE shown on the graph.
EURKPW - LONG SCALP - 31082017Quick scalp there for EURKPW on the 4HR time frame.
Overall though on the DAILY, we may see a SELL start to appear as the price reaches the resistance shown.
