Want A Profit? Here is your well overdue Delivery!Ready for lift off, ICN is just starting to pick up some major momentum for some MASSIVE profits. Here we can expect a very nice return, one that should be collected over as little as a few days.
Now you will see the macd is just crossing and on the 4H doesn't show an abundance of room for growth however on the daily we look great.
The coin price is low and not far above its initial bounce point from the coin release, this allows us to have a well priced coin that is yet to see any serious attention.
The daily chart is just about to close over the 50EMA this will provide us strong support, you will also see on the volume indicators that just over the past 24 hours volume is creeping back in. This is good.
Momentum is there you will see the RSI running nice the Chaikin indicator support MACD momentum these are all bullish signals. The only thing that this coin is missing is volume but since that is creeping back now we will hit a breaking point and this is why I have just opened up a position now.
I suggest still running a stop on or below the black line, however we can enter and enjoy the ride knowingly we are buying at a price close to this coins lows allowing for plenty of room for growth.
Cash Is King!
Long-trade
Platinum trade idea, for the trade war ($XPT)The idea is that platinum would move between the two-blue line (these are recent daily support and resistance lines). It looks like Platinum founds its bottom and is ready to move up, to the price level of 1020 (which might be a recent resistance line of the weekly) , even do the RSI has not yet curved up it is clearly oversold on the daily.
But last Friday candle shows a bullish sign.
When the situation comes that coming week, the price will fall, there is are strong resistance zone between 893.7 (the weekly support line) and 901,37 (the daily support line). (If this break, it hits my stop loss).
I assume, because of the coming trade war, commodities like gold and platinum will be a save heaven for investors.
My targets are:
1: 1020
2: 1092
3: 1159
Stop loss, below the 890
****This is not an investment advice, this is just a random thought and want to test my own hypothesis of the coming trade war, feel free to comment and join this trade, but remember never invest more than you can lose*****
EDO/BTCDecentralization time! It is going to be a great month for Eidoo.Will try to catch it twice.
Entered at 23, and set TP at 28.9 and SL at 20. It is much safer to wait for a second shoulder ,if this pattern will complete, but I'm taking the risk)
AUDUSD Long positioning for inflation numbers Hello traders,
next week it's inflation releases week, all markets are on waiting mode until this data comes out. The world has started to look at bonds and bonds yields, and it's moving via inflation right now.
Commodities are an asset class that performs very well on inflationary periods(the last part of the economic cycle) and Australia is a very important commodities producer. Also Australia extracts a good part of the gold.
When inflations starts to pick up a common way of not loosing value is buying gold, so AUD has a double wammi this time.
Looking at waves, we are at the end of the retrace of the initial swing on the mid term wave, next wave is a momentum wave so better to catch it.
From the technical perspective we have formed a expansion of pivots wich gives us a tradable pitchfork. Also we have bullish divergence on the MACD. This level it's an important monthly level also so a rally could perfectly start from here.
From a risk perspective, we have a trade with a global RR of 2.5 so it's a trade I would take over and over.
Best of luck for you, and if you don't mind, press that thumbs up button over there and follow me for more analysis ;)
>>EURGBP<< >>January Week 3<< Long SetupEURGBP right now retraced over 60% of previous week price movement and dropped back to
0.8850 Price range low. Actual price range is between 0.891 and 0.885.
Our stops are at previous wave low and below my H4 Key Level.
Our take profit is at my Weekly 0.89 Key Level, market is pretty much moving sideways.
Not much to say to this one pretty simple but effective.
Entry: 0.88550
Sl: 0.88100
Tp: 0.89150
Trade with care and have a profitable Week.