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Nakedtrading

SHORT UJUSDJPY currently making a new supply zone and rejecting the minor resistant , if this week USDJPY made another strong down move dont sell right away , wait for pullback and sell even though i expect this is gonna be a strong downtrend fundamentally - even though USD are expected to rate hike this year which explain USD strength lately but then last week trump complains about USD being too strong which leaving buyers in doubt and making sellers interested ( bulls vs bear remember? ) JPY are having second thoughts on their policy which may have turn investor eyes from usd to jpy for " safe heaven "and currently im not sure but it looks like the price has kicked in for next week big news announcement from both side PS : i dont take trade from fundamental news , i look at technical analysis and then i look current for sentiment if it makes sense only then i take it
Short
by mang.bn
$Bitcoin, $BTC push to $7,600 Weekly Looking at our highest timeframe we see price is continuing to test our major support zone $6,500. Our morning analysis showed BTC wanted to make it’s next leg towards the downside, however price is showing other wise. Momentum continuing to look bearish, with no signs of slowing down? Daily Shifting over to our pattern timeframe we see price had a strong push towards the upside from $6,400 to $6,700, momentum starting to head towards the upside. A daily close above $6,700 and we should see BTC make a run towards $7,600 4Hour Last but not least looking at our trigger timeframe we see price was respecting our downtrend structure, until a higher low was formed yesterday as shown by our 4hour chart. Price jumped from $6,400 to $6,700 our last 4hour candle and price is now looking to form a higher high. Momentum heavily shifted towards the upside, a 4hour close above $6,700 activates our trade to $7,600.
COINBASE:BTCUSDLong
by UnknownUnicorn2434649
1
$Omisego, $OMG One More Bounce Weekly Looking at our trend timeframe we see price has broke our potential uptrend started on December. Stochastic RSI showing momentum is nearing bottoming out. Expecting price to drop towards 120000, where we could see a potential double bottom at this level. Daily Shifting over to our pattern timeframe we see price forming lower highs and lower lows. Stochastic RSI showing momentum is heading towards the downside and price is following. Shown above are two potential support zone, deepening on how much momentum the bears gain we can be seeing a drop towards 50000 where we could be seeing a double bottom as well.
Long
by UnknownUnicorn2434649
$Zcash, $ZEC 2018 Lows Confirmed Monthly Trend timeframe showing Zcash has been in a major downtrend since being added to Bittrex. Price was recently rejected from resistance at 3.3 million satoshis. Expecting price to retrace towards our major support level 2.5 million satoshis. Stochastic RSI showing no signs of slowing down. Weekly Shifting over to our pattern timeframe we see price respecting it’s descending triangle structure, and is looking to reach the bottom of our triangle for dynamic support. Stochastic RSI showing momentum continuing towards the downside with no signs of bears easing up. Expecting a weekly bounce off 2.5 million satoshis, will not be looking at daily for any confirmations. Daily Higher Highs and Higher Lows being presented.
Long
by UnknownUnicorn2434649
1
$Monero , $XMR No Romance Daily Looking at our highest timeframe we see XMR is an aggressive downtrend, breaking our support and showing no signs of slowing down. Stochastic RSI showing momentum not slowing as well. Major support shown at 1725000 expecting a bounce off this level, will be looking at the daily timeframe for a confirmation of support. In the meantime we sit on our hands and wait for price to reach it’s target, remember money is made in bear markets and collected in bull markets.
XLong
by UnknownUnicorn2434649
$District0x , $DNT looking For It's Chill... Weekly Looking at our highest timeframe we see price has broke it’s uptrend from March back in May. Price has since been in a bear market, stochastic rsi showing momentum continuing towards the downside. Expecting a drop towards 575 if we do not hold at this level. Daily Shifting over to our pattern timeframe we see price is respecting a bearish channel, DNT has pierced our major support zone. Stochastic RSI showing momentum is extremely bearish with no signs of slowing down. Next major support level at 550-575 satoshis. 4Hour Finally looking at our trigger timeframe we see price has broken and close below our major support zone. Stochastic RSI showing momentum is heading towards the upside, however price action is showing otherwise. A 4hour close above 750 activates our trade, however if we fail to close above this level expect the sell off to continue. Conclusion Wait for the drop towards 550 / 4Hour close above 750
DLong
by UnknownUnicorn2434649
$DASH , Saved or Sell Off Weekly Looking at our highest timeframe we see price has been in an aggressive downtrend since forming our all-time high back in March of 2017. Stochastic RSI showing momentum continuing towards the downside, price making it’s way towards our last major support if we do not hold at this level expect a drop towards 2750000 satoshis. Daily Shifting over to our pattern timeframe we see price respecting a minor downtrend inside of our major downtrend. Lower high formed recently at our 4350000 satoshis, expecting a lower low to form near our 3500000 zone. A daily close above 4350000 activates our trade, however if we close below 4000000 expect a drop towards 3500000. 4Hour Finally looking over at our trigger timeframe we see price has broke out of its small downtrend and is currently testing for support. A close below our blue line and expect a drop towards 3500000, however a 4hour close above 4100000 indicates support has been found. Conclusion Wait For A Daily Close Above 4100000
by UnknownUnicorn2434649
$BTC , Back To Life... Weekly Looking at our highest timeframe we see price bouncing off our dynamic support level from September. Stochastic RSI showing momentum remaining bearish, however we are starting to bottom out. Double bottom formation expect to form at this level. Daily Shifting over to our pattern timeframe we see price respecting horizontal and dynamic support at $7,000. Wammie double bottom formation expected to from at this level, confirmation with daily close above $7,600. First resistance at $8,400. Stochastic RSI remaining bullish. 4Hour Last but not least looking at our trigger timeframe we see price tested and confirmed an inverse head and shoulders. Momentum remaining bullish, expecting price to reach $8,000 followed by a small retrace met towards $7,700-$7,800 only to continue towards $8,400.
COINBASE:BTCUSDLong
by UnknownUnicorn2434649
Oh That Price Action, $GNT Weekly Looking at our highest timeframe we see price formed a double bottom on the weekly off our 2000 support zone. Price made a run up to 12000 satoshis, and since has retraced and found support at our 7500 support zone. Stochastic RSI showing momentum has shift towards the upside, has temporally slowed down. Price showing no signs of slowing down, expecting a higher high to be formed soon. Daily Shifting over to our pattern timeframe we get a better look at or double bottom. We also see price forming higher high and higher lows. A daily close above 7250 satoshis activates our trade. Stochastic RSI showing momentum is heading towards the upside. 4Hour Finally looking at our trigger timeframe we see price has broken our minor downtrend and rest our 6000 zone for support multiple times. A 4hour close above 7250 activates our trade. Stochastic RSI showing us bullish divergence, expecting a breakout soon. Conclusion Wait for 4hour close above 7250
GLong
by UnknownUnicorn2434649
Road Trip to Top of Cherry Hill! Weekly Looking at out highest timeframe we see price has once again reached our major support at 1200 expecting a double bottom to form at this level. Stochastic RSI showing momentum is heading towards the downside, however remember indicates rely on price action. Let’s take a look at our other timeframes. Daily Shifting to our pattern timeframe we get a better perspective of our double bottom formation. Waiting for a daily close above 1300 before taking a buy, stochastic rsi showing momentum is heading towards the upside. 4Hour Finally looking at our trigger timeframe we see price has also formed a double bottom inside our smaller timeframe, while our bigger timeframe double bottom forms. 4Hour close above 1300 activates our trade, stochastic rsi showing momentum slowing down from it’s short term bullish run. Conclusion Wait for the daily close above 1300
Long
by UnknownUnicorn2434649
1
IOTA Breakout Lurking... Daily Looking at our highest timeframe we see price has bounced off our major support zone at 18000 satoshis. Stochastic RSI showing momentum is heading towards the upside. A daily close above 20500. satoshis activates our trade by breaking our aggressive downtrend. 4Hour Shifting over to our patter timeframe we see price forming a double bottom at 18000. Stochastic RSI showing momentum heading towards the upside, if we break and close above 20500 satoshis trade activates Conclusion Wait for a 4hour close above 20500 satoshis.
Long
by UnknownUnicorn2434649
Double Wammie!!!, $POLYPoly Today’s coin of the day is Polymath, a relatively new coin to the crypto market. Looking at our highest timeframe we see price has hit resistance and formed and ATH at 13500 satoshis. Since then price has remained in a bearish channel forming a lower high at 12500 and again at 11500. Price has bounced off our 9000 satoshis support. A 4hour close above 11000 activates our trade or a double bottom bounce near 9000. Stochastic RSI on daily showing momentum is heading towards the upside, although there are no confirmations of bulls. Conclusion Wait for daily close above 11000, potential drop towards 9000 satoshis if rejected at this level.
PLong
by UnknownUnicorn2434649