October
$ETH/USD: Moon Trading & Technical AnalysisAs we saw with $SOL, $ETH has plenty of room to reach minimum +45% since the Full Moon entry. So far, if you took this entry with me we are +30% which is actually pretty good.
Let's see some numbers as we did with $SOL:
If you put $1.000 in the previous month, you took $1.300 out of that trade, then, if you put that into this Moon Trading entry in which we are, you are already in $1.690. Isn't it amazing or what?
$SOL/USD: Moon Trading & Technical AnalysisWe are not only +50% up from our Moon Trading entry point, but this looks like is not even the half of how high $SOL wants to go! Check that beautiful RSI not even in the half yet, and as you know, with every New Moon we see it over 80 level. Last New Moon, when RSI reached over 80 level we took an over +200% in profits! I am so excited for us, every day a little bit closer to become financially free together!
Just let me share you some numbers so you can get this right:
If you took the last month entry with me using the Full Moon as your entry point and the New Moon as your selling point, and you pit $1.000 dollars into that positions, you took out of that trade some nice and clean $2.000 + your initial $1.000 being $3.000 in total.
If you put that into this Moon Trading entry of the month, you are already +50% up which it means $1.500 + your initial $3.000.
Can you see where am I going? You cannot miss the next month, not anymore, not after seeing how this beautiful strategy works!
And remember, this is not financial advice, for educational purposes only, always do your own diligent research and double check everything, with a proper time on paper trading before using any real money!
May you have a blessed day!
$REN/USD: Moon Trading & Technical AnalysisThe performance of $REN the previous Moon Trading was amazing!!! And look now the % that we are up and it is not even giving us the "sell signal". This looks really promising! Let's see what brings the New Moon of the 6th of October.
Are you into this trade with me? Already +60% in profits here!
ETH/USD: Falling Wedge on Daily Potential Bullish BreakoutFalling wedges typically break out to the upside.
Crypto seems to follow TA on large time frames very well.
Now that we've bled through September, historically speaking, the following months typically play out green.
(Also, not seen in this chart, we are now bouncing right off of a support trendline running since around this time last year that)
Let me know your thoughts down below :)
Another dip? Read this short summary of the marketAs mentioned in my previous post on BTCUSD, my final support level is on 41K ish... and it has proven to be so..
Even though it wick below a couples of time and close 1 time (4h) below it, it still manage to rise and close above it..
Looking at today's rally, if BTC cant consolidate above 43K, a test to the 0.5 and 0.618 fib level may be in play (The box)
Looking at the current situation and dates, I think 41K and 42K might be the bottom (Candle close, not wick)..
October is known for it bullish rally, so let's see how BTC will play then...
Summary:
Best case scenario: Bottom is in..
Medium case scenario: The bottom is not in.. and its now only a relief rally... Bottom then would be in 38K-ish according to previous fractal pattern...
Worst case scenario (doubt will happen): Dip below 37K and testing previous low in 30k-ish...
For now I am kinda 60-40 for best and medium case respectively... The worst case is kinda out of the picture considering current news, crypto implementation, and the month we currently in.
And as always, this is not a financial advise...
Comment what you think below
SPX & OCTOBER 1995-2020 60 % DOWN 40 % UP WATCH FOR TRAPS !!!This month seems another month of H.V . Also, it seems we can not go sideways either up or down 60 - 40 favoring down side .
Another observation is that more than 15 % we get a trap just around the first 1-9 days +- .
BE SMART NEXT SERVRAL DAYS !? BE NIMBLE ! LOSING AN OPORTUNITY, IS BETTER THAN LOSING CASH :-)
wish you all the best.
BNB Short-term 11 Day Price ExtrapolationHere we have a very simple, short term quasi-analysis of BNB looking 11 days forward. Nothing special, except that I consider that price spike an anomaly and wasn't taken into consideration in the building of the steps, duration and percentage increases. The movement upwards of the asset is conservative at a 30 % + angle and not parabolic, so hopefully nothing extreme is anticipated such as an unanticipated price drop.
I have heard some noise about resistance levels, so you may care to take that into consideration, but all I can see at this point is a gradual move upward. Now our friends at Binance are always launching something new and exciting at their exchange which may effect this asset, in fact I believe they launched something today ? I believe I did a similar chart for OMG last week, that is working out well.
As always, your comments, criticisms and corrections are welcome.
Ward Weaire
Toronto, Canada
YFI going to floor?! It was full of challenges from the beginning. Its creator was against buying and selling for profit, and this platform was not designed for this kind of profitability. But the market continued to do the opposite! It quickly surpassed the price of bitcoin, and what if you don't call it a price bubble? I predict that prices will fall in the future much faster. October will be a strange month, during this time be strict about your trades. Thank God. Good luck.
Scenario at play | Mid term: BTC to 15K USDScenario still at play. 1 BTC = 14-15K USD for September-October-November of 2020 following simple trend inertia guided by ascending channel on weekly candles.
Azarous funamentals
Predominance of buying volume overall. Selling volume is only higher when it hits, but immediately after this, steady and considerable amount of buying volume, shows up for various consecutive days. (See it by yourself in daily candles.)
The amount of BTC 'hodlers' has been recently hitting all-time records, signaling a bullish market sentiment for BTC:USD.
Whenever we see price dropping it, we see quick buying and pumping, during those short-lasting dips in price.
Please press like if you agree with the basic idea. Cheers!
Bitcoing holding signaling bullish market sentiment
- cointelegraph.com
- nairametrics.com
- www.tradingandinvestmentnews.co.uk
GBPUSD SHORT @ 1.2460 | DOUBLE ZIGZAG PATTERNHi Friends,
GBPUSD gained nearly 500 pips in last two weeks, I am looking this as corrective wave. Still there is room to go downside upto 1.1835 level.
Current pattern looks like DOUBLE ZIGZAG, this pattern reversal point @ 1.2570. Before that i am looking for price will test the 1.2200 level once again.