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BTCUSDT Local Parabola| Price Action| Trend| Trade Evening Traders, Today’s analysis – BTCUSDT – trading in a local parabola that is bound to break bearish, Points to consider, - Price Action Impulsive - Local Range Support - Local Parabola intact - Volume Influxes BTCUSDT’s immediate price action is trading in a rising parabolic fashion that will allow for a bullish bias once broken. The local range high is support, breaking back within increases the probability of the range low being tested. The volume influxes is indicative of squeeze, bear volume influxes will be imminent once the parabola is broken. Overall, in my opinion, BTCUSDT is a valid short with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps, Thank you for following my work And remember, The market can stay irrational longer than you can stay solvent. - John Maynard Keynes
Short
by AzizKhanZamani
2
DOTUSDT Price Action| Rising Channel| Trend| Volume Evening Traders, Today’s analysis – DOTUSDT – trading in a clear uptrend with consecutive higher lows, Points to consider, - Price Action Impulsive - Consecutive Higher Lows - Price Action Range - Declining Volume DOTUSDT’s immediate price action is trading in a higher low structure potentially putting in a higher low, allowing for a bullish bias. The price action is also trading in a potential range, where an accumulation period will lead to a potential bullish breakout. The volume profile is below average, an influx is highly imminent when testing a key trade location. Overall, in my opinion, DOTUSDT is a valid long with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps Thank you for following my work And remember, “The mind is a fascinating instrument that can make or break you.” ― yvan Byeajee
Long
by AzizKhanZamani
Cover your eyes now!This should bring out both bulls and bears! 😱 It's an amazing and long channel. The bulls will say that it's a breakout of the channel. The bears will argue that it means the NASDAQ will crash. I'm not into that debate. It's a dangerous one. Overall I think there is a slightly greater probability for the south based on the channel - but how far south is big problem. There is a probability for the north and a breakout because of the ATR line on the 1-day time frame showing a sharp switch. The the above only apply at this snapshot. Have a look. If you have reasons to be bullish or bearish, have your say! 🙏👍 Disclaimers : This is not advice or encouragement to trade securities on live accounts. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which have a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
N
by Captain_Walker
3
The truth of the XRPUSD Ripple SEC Lawsuit, Why the price is lowThe truth of the XRPUSD Ripple SEC Lawsuit, Why the price is low. This is what I will explain in this video. Price is still at 1.20$ which is in term of value super low for the XRP. If you compare this to ETH and BTC we can see that they went super higher. They broke ATH and created new ones and currently they have corrected and break again ATH. Ripple did nothing. Ripple is still below the 2017/2018 ATH but has much more advantages that the other altcoins. But why is the price so low? SEC Lawsuit. This is the answer and I will explain all the further details in this video
BITSTAMP:XRPUSDLong
by DariusFxTrading
10
XAUUSD🤑 Retest support line?📈XAU / USD quotes continue to move as part of the fall and the formation of a large "Triangle" pattern. At the time of the publication of the forecast, the price of GOLD is 1790 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices broke through the area between the signal lines downward, which indicates pressure from the sellers of the asset and a potential continuation of the fall from the current levels. At the moment, we should expect an attempt to develop a decline and test the support level near the 1745 area. Where can we expect a rebound and a continued rise in the price of GOLD with a potential target above the level of 1850. Have a nice trade!
FOREXCOM:XAUUSDShort
by TradingAlchemist
4
Elliott Wave Theory at EUR/JPY Here we can see, a clear motive uptrend on our pair. I spotted this trend at the end of the 3rd wave, so i kept a close look at it and opened a small short position as i got indications of correction-pullback . We are expecting 2 more waves (4 and 5), the 4th wave as we see, comes to un end ,so we might be able to open a long position soon. BUT first of all we must get some indications and dont rush, the correction wave (wave 4) must lose its momentum so we can get some confirmation of a reversal and then we can start opening some buy positions. Ptatience is the key traders!!!. Remember trading is 10% buy 10% sell and 80% waiting!!!.
by The_DailyProfit