HelenP. I Bitcoin can correct a little and then continue to growHi folks today I'm prepared for you Bitcoin analytics. In the chart, we can see how the price some time traded near support 2, which coincided with the support zone and even entered to this area, where little time traded too and then started to grow inside the upward channel. Soon, BTC broke support 2 again and then reached the resistance line, after which made a correction to trend line and later broke this line and fell to the support line of the channel. A not long time price traded near this line and later rebounded to the trend line, which coincided with support 1 and broke them. Next, the price rose to the resistance line, after which made a correction back, breaking the trend line one more time, but soon BTC turned around and continued to move up between this line. At the moment, price traded below the trend line and I expect that BTCUSDT will fall to the channel's support line and then start to grow to the resistance line, breaking the trend line. For this case, I set my goal at 97500 level. If you like my analytics you may support me with your like/comment ❤️
LONG
NZDCHF Will Go Up From Support! Buy!
Here is our detailed technical review for NZDCHF.
Time Frame: 1h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 0.520.
Considering the today's price action, probabilities will be high to see a movement to 0.521.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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GBPCAD Will Go Higher! Long!
Take a look at our analysis for GBPCAD.
Time Frame: 12h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 1.776.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.792 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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CADJPY Will Go Higher From Support! Long!
Please, check our technical outlook for CADJPY.
Time Frame: 12h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 109.659.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 111.153 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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GBP/CHF SENDS CLEAR BULLISH SIGNALS|LONG
Hello, Friends!
Previous week’s red candle means that for us the GBP/CHF pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 1.133.
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EUR/AUD BUYERS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
EUR/AUD pair is in the uptrend because previous week’s candle is green, while the price is obviously falling on the 1H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 1.633 because the pair is oversold due to its proximity to the lower BB band and a bullish correction is likely.
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Tesla bearish gap fill for further highs!? Going along the lines of GAP fills since the beginning of the year #tesla have been filling all the gap fills apart from the last 2 big gaps that happened: .
My thoughts:
- will we see a sell off in the remaining weeks of the year? Fill in the 2nd to last remaining gap and then next year push all the way up to $450
- Do we see the sell off happen till president trump is elected as president and then the stock will fly back to the highs of this year? As Elon is part of D.O.G.E
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BTC - Casually following last year trend ?Since a couple of months I'm just copy pasting chart from what happened the year before,
I updated and deleted the red path from my post here :
and added the blue path that BTC seems to follow nicely
btw its same energy than last year : overbought on RSI but we dont give a fk and we go higher
that blue path says that we can touch 100K before EOY, nice no ? will try to catch the swing if it happens !
then it seems to follow more the green target, still can't say we're we ending for this bull run but I think not below 180K
not financial advice
Cheers
Bloom Energy $BE MASSIVE 50% MOVE! Could double from hereBloom Energy NYSE:BE MASSIVE 50% MOVE! Could double from here
- Its a HIGHFIVESETUP
- Massive bullish falling wedge pattern breakout with a measured move up to $45
Let this thing breathe or come back for a retest as 80-90% of breakouts retest.
I do not advice getting into this name at this time. Just wanted to point out the possibility and add to watchlist for a pullback potentially.
NFA
Another FLARE signalWe hav seen in the past when flare breakers it’s previous highs, it has a tendency to sky rocket.
When we see these next 15min candles close above $0.01650 we could see a power move to catch up to the rest of the market. Selling under $0.02.
If the tend line fails, I’m out.
Good luck and have fun with it
DXY Will Go Up! Buy!
Please, check our technical outlook for DXY.
Time Frame: 7h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 106.564.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 107.267 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Like and subscribe and comment my ideas if you enjoy them!
HelenP. I Euro will correct to trend line and then start to riseHi folks today I'm prepared for you Euro analytics. In the chart, we can see how the price some time traded between resistance 2, which coincided with the resistance zone and later started to grow the trend line. When the price reached this line, it turned around and started to decline and soon broke the 2nd resistance level. After this, the price continued to fall below the trend line and when it fell to 1.0765 points, the price turned around and rose higher than the trend line, breaking it. Then the Euro rose to 1.0940 points, after which made impulse down to one more resistance zone, which coincided with 1st resistance level. Price tried to grow, but failed and continued to decline next, breaking the 1.0680 resistance level. And recently it reached the trend line and at once rebounded and started to grow. For this case, I expect that EURUSD will correct to the trend line and then start to grow to the 1.0680 resistance level, therefore this level is my goal. If you like my analytics you may support me with your like/comment ❤️
GBPUSD Is Bullish! Long!
Take a look at our analysis for GBPUSD.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 1.264.
The above observations make me that the market will inevitably achieve 1.276 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like and subscribe and comment my ideas if you enjoy them!
Euro can exit from pennant and rise to 1.0700 pointsHello traders, I want share with you my opinion about Euro. Observing the chart, we can see how the price some days ago entered to range, where it at once fell to the resistance level, which coincided with the bottom part of the range. Then price bounced and in a short time rose to the top part of the range and some time traded near, after which it turned around and started to decline. In a short time price broke the 1.1005 resistance level, exited from range, and continued to decline inside the downward pennant. In this pattern, the EUR reached its current resistance level, which coincided with the seller zone, and then started to grow. Price rose to the resistance line and then made impulse down. Euro broke the 1.0760 level, but tried to back and failed, after which continued to decline to support line of the downward pennant. When the price reached this line it a not long time ago rebounded and now, I think that the Euro can exit from the pennant, make a retest or not, and continue to move up. For this case, I set my TP close current resistance level, at 1.0700 points. Please share this idea with your friends and click Boost 🚀
USDCAD BULLISH PROFITABLE IDEA#USDCAD is at a bullish sentiment, what we can do from the previous price action is observed the previous Break of structure in the bullish direction.
It is important to note hoe the break of structure took place , and as we see there was formation o structure which resulted in an impulsive market action resulting to the break, this area has been untapped till now of any pending liquidity in support of the bullish trend
What to do ?
Wait or the price action to mitigate this area and look for a suitable entry position based on your entry techniques, esp before the news.
#all the best.
GOLD - Price can bounce up from support line to resistance levelHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
After price started to trades inside rising channel, it at once rose to $2730 level from $2610 level.
Then price broke it and some time traded inside resistance area, where it made a gap and later grew to resistance line.
Next, price turned around and started to decline inside falling channel, exiting from rising channel.
In falling channel, Gold broke $2730 level and some time later reached $2610 level and some time traded near it.
Recently price broke it and fell to support line of channel, but a not long time ago it bounced up.
So, in my mind, Gold can fall to support line again and then bounce up to $2610 resistance level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
XRP fractal, a little more detailFurther to my previous post on XRP. I realise that I was not clear enough. I am awaiting the intitial surge to 1.9, then I'm out. There may well be higher highs to come. But, if the fractal plays out there will be an equal downward surge that will take us to local lower lows and below my entry point. So, I'm going to stick it out to 1.9. Follow for more
GOLD The Target Is UP! BUY!
My dear subscribers,
This is my opinion on the GOLD next move:
The instrument tests an important psychological level 2567.3
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 2632.7
My Stop Loss - 2530.7
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
XRP fractal, sometimes simple is bestI'm loving XRP at the moment. We've seen a gorgeous positive breakout the last few days giving high confidence in a furthe upward surge. I'm looking closely and can see a beautful fractal appearing that looks like it could play out again. IF it does, my target will be just shy of the top around 1.9. I'm in until then. Follow for more.
GBPCAD: Free Trading Signal
GBPCAD
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long GBPCAD
Entry Point - 1.7794
Stop Loss - 1.7739
Take Profit - 1.7928
Our Risk - 1%
Start protection of your profits from lower levels
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