Today you can review the technical analysis idea on a 1W linear scale chart for Bitcoin (BTCUSD). Bitcoin price on the weekly chart shows some concerns as the 200 and 50 SMA looks like it will be crossing forming a Death Cross. This would be the first time a Death Cross happens on the weekly chart for BTC in its history. It is estimated to happen in between...
Today you can review the technical analysis idea on a 1D linear scale chart for Ethereum (ETHUSD). Ethereum is inside a triangle looking to complete a formation of a potential Bear Flag Pattern. The measured move of the Bear Flag formation is under $600. The price currently has two paths by either staying inside the triangle until completion or headed down now....
Let's break this trade down: 12AM NEW DAY. Overall Bias Trend was UP on EURUSd the DXY WAS Down. The mindset therefor is LONG for the day. The algorithm that delivers price attacked sell side liquidity taking out all LONGS before it then 52 Faked out and continued the original trend long. The key to this set up if you're early never over leverage. You...
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The pair is all set to breach the 70.00 level mark and would later reverse for a 500+ pip move to the upside. The probability of the trade is 80%. Trade less Trade Wisely. Good Luck
GBPNZD is currently on a downtrend and price is currently in a zone of interest at the 61.8 % fib level. I am currently looking for a break out and retest out of my Asian box. Expecting a move around 3:30am or at 4:30am est. My chart markup was done on a 1hr. Looking for entries on the lower time frames for selling confirmation. If you like this idea or have...
previous major area respected cross of macd clear price action
"Aveng is btc in 2009. I found an article talking about how everyone thinks its a cosntruction company that has crashed and is thus writing it off, but its actually changed into a mining company in Aus, Asia and West Africa. and its making profit. They traded at R33 in normal times (after 2010 boom and dip) I did a rough back of the hand - this company...
Money Gram International should be on everyone's radar..... RSI Trend Line Bounce on 4 Hr chart.... OBV rising back up... Price action forming a Double bottom at $2.40........ get in and hold til' 2020..... I'm looking for $40-$60 real numbers by EOY 2020 here... DYOR people!
As we see we've got double tops on the 1.91500 level which gave us confirmation to take shorts to the downside. On the 4 hour TF we have also double tops which strongly indicates the major bearish trend. I'm trying to hold a bit longer than usual 30 PIP's to test a swing trade what I haven't really done yet. TP Zone I marked out on 1.90200 area where price has...