From now dont say exponential curve, say bitcoinBitcoin is unstopable, unbeleivable, awesome af. I think he's gonna break ( one more ) his resistance line and walk into the 2 highest lines.
You allready know what will be your best christmas present. The grandma pullover will make you smile :)
It's a low estimation. Can be 25 or 30k but for sure (99%) not under 18k.
Have nice trades guys !
Midterm
STRAT/BTC Short, Mid and Longterm analysisStratis is looking very good at the moment. There is a nice potential U pattern forming.
Should STRAT break the current resistance (thin red line) then the trend reversal is pretty much confirmed.
A buy order can be set at the designated area. A stop loss should be set at the designated area as the trend reversal is everything but confirmed for now.
If it breaks the supportline (large red line) then it's definitely 'abandon ship' time.
At confirmation you can either set a short or mid term target (or a long term target if you're feeling lucky!)
I'll keep this analysis updated regularly.
BCH Long Target Target: $2100
Stop-Loss: $1515
Bullish flag, symmetry with the pervious move up. Also Approaching mid-term trend line where it should bounce if it fails to break out of the flag beforehand. I have given 3 options on how it will play out. Target is correlated with the 1.618% fib level established from the previous all time high. Be careful of a break of this mid-term trend line. Good luck and message me with any suggestions on how i can make these charts easier to read for you.
BCH/ETHI am looking to buy Bitcoin Cash against Ethereum. Until there is a clear bullish signal I will not buy, if we break below the level I will wait. This is just an idea, unless it reacts to the level by a big bullish 4h/d candle.
Good luck everyone!!!
XMR going for line 3It seems that XMR had a healthy pullback which could possibily be the second Elliot wave (0.618 retracement) and is now going for its 3th wave.
Based on Fibs and previous highs, strong resistance expected at at the blue box area. If break through previous high (132), 147 EURO would be next target for XMR.
RSI seems ready to support upgoing trend.
Gold playing between 50 and 200 day moving averageI see that gold movement can be fairly interesting for short term, if we break 50 ma then upper part of the triangle is the target, however upon breaking 200 ma the lower part of the triangle becomes the target.
This is just an idea, not advice. Good luck everyone!!!
EUR/USD bearish for the following week?In my opinion EUR/USD will take a drop to 0.38, I have been watching eu and I think that the next few days are extremely important, if we start dropping we will probably see momentum towards the 0.382 and maybe even the next fib levels longer term or perhaps eu decides to immediately jump up or hit us with a pullback that will reverse the trend. Who knows? I am definitely anticipating a more bearish euro against the dollar at least until we touch 0.38.
This is just an idea! Good luck everyone!!
Gold, price on mid-term trendline & parallel channel analysisThe price is bouncing between the support and the resistance of this mid-term bullish parallel channel.
The informations and the strategies discussed are NOT recommendation to buy, sell or trade any securities. They are strictly for educational and illustrative purposes.
Will GBPUSD break MA 200 resistance line?Waiting for GBPUSD next move. Will it break MA 200 resistance line, what do you think? Watch OBV indicator.
Currency pair - GBP.USD
Chart timeframe - 1hr
Area of interest - 1.32314 (MA 200)
LONG target - 1.34095
SHORT target - 1.30295
If you find this analysis helpful, don´t forget to like and comment! :)
GBPCHF Bearish Trend AnalysisGBPCHF - Short to 1.20 level
Timeframe : Mid-Term
Aug. 3 = Engulfing Bearish Candle = Bearish Strength
Aug. 7 = Inverted Hammer = Bullish, but failed verification on next candlestick
Aug. 15 = Falling Three Methods Candle = Strong signal for new Low @ closing, achieved @ 1.2518 - Signals Downward Trend to continue
Resistance & Support Levels:
R3 1.2453 R2 1.2418 R1 1.2366
S1 1.2280 S2 1.2245 S3 1.2194
* Personal analysis only. Please use your own rules and strategies prior to entering market.
** Forex trading involves HIGH RISK.
Before entering a trade, carefully consider your objectives, financial resources and level of experience.
EUR/USD important areaMajor decision area for eu, if we break and retest the channel we might witness an uptrend, if we break the lower timeframe channel we might be seeing a downtrend.
I am bullish but the sharp up movement should not continue without a pullback, so if it breaks a channel it might come back up so therefore relying solely on the channels is highly risky currently.