This it's my idea to entry in long position!!!At the moment, we can't consider that it's my long position, but that what I show you it's just my idea. But if Bitcon make the contrary, we would need to be prepare for another contrary movement. Now, talking about of it, we see that Bitcoin ahve a highly potential to continue up toward the $40,000 USD in short term or we can to see any accumulation zone in formation above of $30,000 USD.
Another curious data that I see it's that Bitcoin it's growing up the volatile and maybe, we would need more SL like 9% of the price entry because when Bitcoin contnue up, up and more up, the volatil it's become more hard and strong in the price.
But my own reccomendation it's that if you have a plan to trade Bitcoin, at the moment, keep out of the Bitcoin until traders and me have an good idea or confirmation to entry in the bought!!!
Well, I for tomorrow i will going to check if Bitcoin it's into formation of elliot wave cycle specially in Daily timeframe or above.
Priceactionstrategy
National Lockdown in Great Britain; covid-19; short positionIn this analysis in H4 timeframe, we have a confirmation of price action reversal of the trend. Well, as we see a good opportunity to short GBP/USD. Based in the speculate news we see that Pound it's goes to bearish trend becuase Pound was sell it based in the bad news that U.K. Prime Minister Boris Johnson put lockdown today in United Kingdom for the over number of more covid-19 cases.
So, that it's so interesting to look this position and we see a bearish rising wedge.
Ok, I put a sell order limit at $1.3610 USD with a SL at $1.3680 (70 pips) and a target profit at $1.3360 (250 pips)
And looking this Daily chart, obviously, Pound end today with a bearish reversal and that show that this week, Sterling it's not have good news in Forex sepcualte news if you see in investing.
That it's it
Good luck!!!
GBPJPY - Consolidation or uptrend? That is the question ... As you see we have a consolidation in 4H timeframe witch broken and may let the price go higher, if the first 4h candle closes above the specified zone, we can expect a uptrend and taking buy positions in structure levels,
but if it rejected by this zone, we'll take short positions in lower timeframes.
Analysis on EURGBP simple price action with line pathcase 1 long on potential reversal level with appropriate risk management (W pattern)
wait for bullish engulfing candle to enter
case 2 bearish flag pole pattern confirmed with bearish engulfing given good reward on short
now on intermediate support, short on break down off support will leads good fall
Ethereum still bullish!!! At the moment, looking this chart we see that Ethereum still bullish in Daily specifically.
So guys, at the moment, putting any short position it's not be reccomend because the trend it's your friend and many people have problem to know it.
As we see that Ethreum formed a bearish rising wedge in H4, notice that we can't to entry short for what we think, did you know, based in our plans becuase if we see any short position, Ethereum need to break down the the $690 USD to consider a short position toward the $622 and $585 USD targets to consider any short position
The only update it's to change the break even at $695 USD
Ethereum it's so near to touch my target at $800 USD as I saidWe are in profit in Ethereum from $616 dollars and right now Ethereum it's $740 dollars.
I'm happy, I see that I grew up my reputation and my number of followers over 720 that follow me.
So, my technical analysis work better. So, the only update it's to put a break even at $670 USD to protect your earns in Ethereum!!!
Short Position: Chainlink confirm the break down!!!In this analysis, in H8 timeframe Chainlink it's turn bearish toward my target at $8.50 USD. So, we as into this descendent triangle of distributtion and right now, we confirm this drop soon toward the $8.50 USD. Also, another perspective it's that Chainlink could to formed a bearish channel, but, I mark this line to know the exact point of any bearish rejection.
Now, this it's the H4 timeframe and my own analysis confirmed to short Chainlink!!!
And then, this it's the Daily chart and we see a bearish scenario for Chainlink toward the $8.50 USD.
This it's my details:
1. Position: Short
2. Price Entry: $10.80 USD (Sell Order Limit)
3. Stop Loss: $11.90 USD
4. Target Profit: $8.50 USD
Outook analysis: Cardano it's bullish soon!!!In this macrotrend and trend analysis, I wanting to analyze Cardano because we see that the price still bullish and with strong perspective toward the new bull trend.
I mark this key support line and then, we formed an ascendent triangle accumulation zone and then, inestor, people and me are interesting to continue bought Cardano, also I will going to bought Cardano
But if we analyze the monthly timeframe, we are bullish!!!
Guys, if yo like my idea, please share my idea with your friends, people and traders that you know and need to support it.
We will going to stil pending with this par on cryptocurrency
This it's my next target for the Bitcoin = $30,000 USDHello, in this technical analysis. I wan't to show you my exactly target profit for Bitcoin. So, Bitcoin in H8 chart I found out that the trend still bullish and we see an interesting buy opportunity at $23,350 USD that it's my price entry (I put a buy order limit) with a SL at $21,578 ISD and my exactly target will be $30,000 USD.
Another interesting data that I indluced it's this key support line that support Bitcoin above of $23,000 USD
And looking in Daily chart, the trend it's strong bullish!!!
So, guys, I put a buy order limit at $23,350 USD with a SL at $21,578 USD and my target exactly will be $30,000 USD.
Still Pending: Don't missing Ethereum to goes to $800 USD!!!in this technical analysis, we see that Ethereum still in the bull trend with a strong focus to mark the $800 dollars.
Ethereum break up this ascendent triangle and then, i hope a confirmation to entry approximately between the $630-$635 dollars toward the $800 USD
And looking the Daily chart, we see that Ethereum still with strong trend bullish toward the $800 dollar
Don't missing this great trade!!!
And guys, in my latest technical analysis, we reach up our target profit approximately at $615 USD. So, if you follow me my trade you will be happy and glass to help you!!!
Go ahead!!!
Chainlink make a confirmation to entry in long position!!!Ok, at the moment, in my previously technical analysis, I mentioned that Chainlink it's formed a bullish shoulder head shoulder inverted, but never touch my buy order limit.
So as little update, we have another long position to bought Chainlink at $!3.50 USD put a buy order limit at this price with a SL at $12.90 USD. Don't worry, but I know that the market it's not perfect, but my previously technical analysis was good, the only that I will going to cancel up my previously technical analysis and then, make this update.
Now, looking in H8 timeframe, the trend it's bulliish and we're go to $15.50 USD.
So, this it's my details:
1. Position: Long
2. Entry Price: $13.50 USD (Buy Order Limit)
3. Stop Loss: $12.90 USD
4. Target Profit: $15.50 USD
Good luck in this long position!!!
Chainlink form a Shoulder Head Shoulder; bullish pattern!!!Today, in this technical analysis, Chainlink get us a good confirmation to put a buy order limit at $12.90 USD to entry to long position in this trade!!!
So, studying this confirmation, we see that Chainlink have a good potential to goes toward the $15.45 USD
So, my details it's here:
1. Position: Long
2. Entry price: $12.90 USD ( Order Limit)
3. Stop Loss: $12.20 USD
4. Target Profit: $15.45 USD
We see that the trend still bullish and Chainlink it's into this bullish channel
And also, I update this par and we formed a new bullish channel update completely!!!
XRP Holders: XRP goes to $1 dollar soon!!!Waoh guys, we see that XRP still large bulish toward the $1 dollar. Are you interesting to take this trade and let's that XRP work for you!!! I want too!!!
Now, XRP it's so bullish and right now it's into this re-accumulation zone to continue bought!!! And also, using elliot wave analysis we are in the correction #4 in the end phase to then, see a strong impulse so bullish toward the $1 dollar.
So, if you looking the Daily chart, we are into this bullish rising wedge with huge potential to long so long position to earn a good money in medium term.
So guys, I see that XRP it's a brilliant opportunity to buy in these level and also make trading with XRP to long position!!!
So, t put a long posiiton in XRP in the market price with a SL at $0.40 cents toward the $1.10 USD, that it's my target profit trade in 3 Daily chart, the 3 Daily chart it's a chart to trade to medium term to long term to earn good profit!!!
So, guys, good luck in this position!!!
Possible long position in Chainlink!!! ⚠ At the moment, in H8 timeframe it's a good chart to entry. but right now I hope that the actual candlestick finish to know the result if Chainlink continue up or what.
But I think that Chainlink still up using this strong support that I mark around of $11.60 USD. So for thrid time, the support never was break down. So, also noticed in the EMA 200 and important support in H8 timeframe. I see that Chainlink make support using the EMA 200 principally and that show that Link/USD going to up!!!
But, as we break down the bullish channel, this could be a short liquidated if you put any short position. Because and remember that Chainlink still bullish.
So guys, at the moment, looking the Daily timeframe it's see bearish becuase we break down the bullis channel, but my other eyes it's that if we do not break down the psycological support at $11.60 USD, I say in he past week that we can't to trade short in Link
This screenshoot it's whe Chainlink break down the bullish channel and that was the screenshoot that I use for my technical analysis. So guys, I believe that we can to activate long position. But the most important it
s to use a good technical analysis and right now I will going to still await that this candlestick finished and know the results.
Ethereum it's into this little consolidation; but still upA the moment, looking in short term. Ethereum it's into this continuation of the trend. So guys, I believe that we would need to continue the trend, maybe a bearish scneario could be possible but we would need to know all information that we can to have a plan.
At the moment, we are in break even and I up a little the break even of $562 USD from $570 USD.
Now, looking the trade in Daily chart, at the moment, Ethereum can to continue up from $600 USD level in the next 24 to 48 hours.
Pay Attention on the chart: Bitcoin it's form a bullish signal!!Ok, at the moment, I trade over H4 timeframe. So, to discuss we see that Bitcoin formed 2 chartist pattern, the first chartist pattern it's the bearish channel and the second chartist pattern it's an ascendent triangle. both chartist apttern are indication that the trend it's still bullish.
Ok, at the moment as yesterday I entry around of $18,050 USD and today in the early in the New York time Bitcoin was down arounf of 3%, so it's so nearest that Bitcoin touch my SL, but at the moment my trade it's active for just $87 USD of distance of the SL at $17,550 USD. Waoh, but so incredible how the bulls are still the trend.
So guys, the only update for there was these chartist pattern and my target profit I will going to change a little mroe of $19,500 USD and I believe that Bitcoin needs to go up!!!
So, i didn't say that this scrreenshoot it's very well, but if Bitcoin it's into this ascendent triangle and then, break up, so this elliot wave analysis could be invalided and in this place it's will being the correction #4 of the this cycle to then watching a new impulse #5 toward the near of $23,000 USD.
So guys, we will continue update this par. Also, remember that you can to put a buy order limit in Ethereum, the price action it's confirmed!!!
Ethereum show bullish signal right now!!! Long PositionToday, we see that Ethereum make a confirmation to going to long position toward the $616 USD. Also, IN H2 timeframe we see a bullish divergence as good signal in the RSI. Looking inside of the chart, we see that Ethereum it's into this bearish flag and then, we are also in the key support line that support Ethereum above of $545 USD.
In H4 we see that my own proyection will be $616 USD to entry in long position in Ethereum.
So guys, we are to long. So, now this it's the details:
Details:
1. Position: Long
2. Entry Price: $550 USD (Buy Order Limit or entry in the market price)
3. Stop Loss: $523 USD
4. Target Profit: $616 USD
Also, I ADD my previously technical analysis on Ethereum if you want to review it.
USDCAD - A possible Bull run An expected consolidation on 4H. Since market had a massive sellers momentum, for a change of trend or any bull move, a consolidation is expected. Moreover on the chart, On 4H we can catch the LL to LH move. But, for now it is a bit risky to take the buy since on 1H market is failing to breakout.
1H - Market Fails to Make new LL and Rejecting the major key zone for 3 times, which is our Weekly key zone as well.
All we need now is a breakout on 1H or if 30m Break structure and forms the first HH and HLs, then it would be a clear trade for long position.
Sort Sell before a trend continuation cadjpyWell, here is my thought about this pair!!
We are clearly in a up trend right now. from 82.100 we started the correction. so the next level will be 81.600, which is the .68 fib and lining up we a congestion zone.from there the next level will be 82.200, 82.800 and 83.000. If we don't see any weakness at the .68 level, we then expect a full correction to the 81.350, which will be properly touching the trend line and from there looking to those higher levels. RSI indicator tell us that the up trend is still valid because during his run to the upside the MA went into the oversold region.