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THE BITCOIN ZEBRA BULL IS BACK! Bulls unite, for he has come.Right now the Zebra Bull is back in full play. After the last time the zebra bull appeared He smashed his entry, then smashed his way up to his third given target. Good job Zebra Bull, good job. He is back, and there is something brewing. I have linked to the prior idea dated July 4th so you can see how well the levels in bright green from last year were respected- more than most other levels - weird ; ) Now this future Bull Scenario that the Zebra Bull speaks of is displayed in the following. There is a conservative entry, as well as a bullish entry. The targets will be hit, all within the next day, or the next few weeks. We have seen the power of the Zebra Bull before, lets see if he can really help rev up the liquidation engines on shorts. For he is in favour of the longs. Goodluck, Namnaste
BITMEX:BTCUSD.PLong
by SKYLOBSTER
Patientory VS Bitcoin Trending DownPatientory clearly trending downwards as price continues to move within the descending channel printing lower lows. Yesterday price spiked up and tested 1045 satoshis high, where it rejected the 200 moving Average and the upper trendline of the descending channel. But today, PTOY/BTC has rejected the 880 satoshis support, which could be the sign of a correctional wave upwards. Overall the trend is bearish and while price stays below the 1045 resistance level, PTOY is likely to decline wotards one of the Fibonacci retracement levels.  First support is seen at 788 satoshis that is 127.2% Fibs, second support and the potential key level is seen at 227.2% Fibs, that is 440 satoshis. In order for the Patientory continue moving lower, closing price below 870 satoshis is required. On the upside. break and close above the 1045 resistance level, might send price towards 1247 resistance. Break and close above that resistance could be the first confirmation of an uptrend.
by CryptoPAMM
XAUUSD Trading At a Very Tricky LevelIt is difficult to forecast the direction of XAUUSD from here as there are two very possible options. The smaller corrective structure formation detailed in my previous gold prediction did not break to the upside and so the long was not confirmed. We then saw a move to the downside which broke a key demand area. I am now watching smaller time frames for an indication as to which option will play out. We are still trading within the corrective structure on the daily time frame which has a bullish formation but it is very possible that there will be a 5th wave down before we see more upside.
FX_IDC:XAUUSD
by Linton_White
DivergenceAt the moment, against the background of a number of political events, the dollar fluctuates. Technical indicators demonstrate divergence and different directions. MACD has already left the histogram and is pointing up, although it is still located in the negative zone. Stochastic went into the overbought zone and soon we expect the lines to cross and move in the downward direction. We advise you to look for points to enter short positions, but consider the possibility of the price passing to the upper resistance level around 1.1840
Short
by SuperForex
The 3rd waveAt the moment, we are seeing how our pair continues the downward movement and reached a new level of resistance. The daily chart clearly shows that the pair has already slowed down near the level of 1.1735 and is now close this level. However, we expect that the 3rd wave may be stronger than the first and the pair will not stay too long at this mark. Therefore, we believe that we should take short positions with a SL of up to about 100pp, while the TP should be set closer to 1.15
Short
by SuperForex
Fib LevelsHey traders, I am working on trading a lot right now as I have some extra free time. Work is slow, so trying to sharpen my skills. I am wondering about Fib Levels. I know the fib retracement tool above is really only for 'retracements' and there is no real way to predict these levels until the move is completed (ie no way to verify them on the way down). But if you look at this chart, there are some level bounces (arrows) and some level tests (ellipses) that seem to be at the same level on the way down as they are on the way back up. My question is how these levels relate to each other while the move is manifesting itself. I tried to replicate it with Fib expansion, and that does not seem to work. I also can't make much sense of the percentages at each zone on the way down. Do you think there is a way to find the next level before the move completes? Or do these levels just validate the fib tool a little bit more when looking at retracements after a move has completed? Let me know what you think. Any supporting text is appreciated!
by gruppeforex
We expect a breakout of the levelConsidering the daily chart, we observe that the pair suspended the upward movement near the level of 1.1940 and demonstrated growth at yesterday's auctions. However, the downward trend continues. There is a small correction for our pair and the price may rush to the upper boundary of Bollinger Bands on the 4-hour chart. But we believe that after such a move the price will again try to overcome the level of 1,1940 and consolidate under it. Therefore, look for points to enter short positions when the price approaches the levels 1,2000 and 1,2040
Short
by SuperForex
The dollar continues to riseAfter corrective movement on Friday from the level of 1.2075, our pair has been trying to resume the downward movement since the beginning of today's trading. The dollar index continues to strengthen and is at the maximum levels of the current year. At the moment, we believe that the price will continue the downward movement and in case of overcoming and consolidation below the level of 1.2075, the next resistance level will be the level of 1.2000. Technical indicators confirm the occupation of short positions. The activity on the pair is expected during the American session, as tomorrow a part of the European countries celebrate the "Labor Day".
Short
by SuperForex