Priceactionstrategy
Daily technical Analysis: Bitcin is go to explode!!!Hello, in this overview, Bitcoin show a possible bought in Daily timeframe. Also, the best target it's will be $11,200 USD, but making considered, my exact target will be $11,000 USD. That is a interesting opportunity to buy Bitcoin in short term. Bitcoin is leading to the $11,000 USD.
Now, looking the Key Support Line, Bitcoin is respect the up trend line, and that mean that Bitcoin is still up for bulls. Also guys, we identify a new support in Daily mark in yellow, becuase bulls show a soon bull run.
So, guys, it is my analyze in Daily, in some minutes, I will going to make an another analysis on H4 and H1 timeframe.
We are in profit!!!
Please guys, get me a like to be positioned as Bitcoin's trader analyze favorites on the top of the best traders on Trading View to be here into the top of Bitcoin's analyze. And share this analysis with your friends, traders or other if you found out any of interesting of this analyze.
UK continue No=Deal Brexit fears!!! Warning to a drop!!!In this analysis, we see how the Sterling Pound has been deprecciate against of the currency's Forex.
First, in Daily we see a clear bearish continuation and we could to see a opportunity of pick down 260 pips in Sterling Pound
In H4 timeframe we see a formation of the Elliot Wave Cycle, and we are in formation of the #3 to end it.
And guys, in H1 timeframe we see a short entry using the twos Fibonacci level called 0.382% and 0.618% of Fibonacci to entry in short in both level where the price reach it.
Well, the most that I hope is an entry in short!!!
Fundamental Keys to take in noticed it this week:
1.Fortnight low for Pound to US Dollar exchange rate as No-deal Brexit fears cloud outlook
2. Pound slumps on UK Government's Brexit threat
3. After weeks of strong performance on hopes that Britain's coronavirus situation was better than the U.S. situation, Brexit concern have finally returned to focus for Sterling
4. U.K. Market fears taht 2020 would end with a No-deal Brexit had been bubbling away in the background in recent months. However, the fears but had been overshadowed by the global market focus on the coronavirus pandemic
5. The U.K. Government was planning to throw a spanner into negotiations by altering withdrawal agreement legislation had led to a pound sell off
6. Economist's and business have been warning the U.K. government that heading for a no-deal Brexit would be dire for Britain's economy
So, in summary it's not good news about the fears of the market what U.K. market is still borring about what British minister Boris Johnson wanting to created a plan and it's due the Brexit.
Possible entry in Long: Gold into the descendent triangleHello, in this analysis, we hope that Gold is up a little before to continue sell Gold in Daily.
We are in this descendent triangle and maybe, we could to entry a short at the $9,645 USD for this week.
Now, in H4 timeframe we see another opportunity and possible of long entry once that in H4 timeframe taking in my hand a green candlestick confirmed!!!
So, obviously we see that U.S. Dollar is strenghten in all pars, but not secure on Bitcoin or crytpocurency because Bitcoin show another formation, but correlated, I will going to making alert if we need to stop our long position in crypto market for then, sell it, but the probability is taking in our eyes.
Euro is leaving at the demand zone: Tripple Bottom!!!Hello, in this analysis, Euro continue still on the bullish channel, but now we are in H1 timeframe with a possible bullish movement when the EUR touch the trend support line at $1.18 USD. Then, the only that we need to stay alet is to hope a bullish candlestick confirmation to entry in long position until the $1.1932 USD.
But, as today the U.S. Dollar is grow up their value, we hope that Euro for the next hours hoping long position, because we see a possible formation of tripple bottom, that is a buy confirmation with just hoping the confirmatiion of the next hours to formed the bullish candlestick.
Also, as today we seeing a US Dollar that have a gains today about the U.S. jobs data on Friday past week that that we could see a recuperation for medium term.
etherium with good profit!The Etherium is best and powerful cryptocurrency and if you want to investment your money then you must to know future in hand of Etherium.
Because thousand and thousand projects creating by Etherium. Then you must to keep some Etherium inside of you pocket.
The Etherium made double BTM and the tp can be 1373$ based on price action.
Good luck
Sterling Pound dips as UK Prime Minister changes the negotiationToday, in this analysis. Euro is will be benefited of the drop of Sterling Pound.
Now, looking in Daily timeframe we see a change of panoramic, in the past week we see a descendenr trinagle, but now we are in the bearish channel. Now, Euro it's will be benefited today and this week, Sterling started with bad news about the No-Deal Brexit back on table.
In H4 timeframe, the trend is clearly bullish.
Now, in H1 timefrmae we hope an entry long position at 0.8970, in that price I put an alarm when the Euro leave it this zone.
Fundamentals Keys for Euro/Sterling Pound:
1. EUR/GBP exchange rate slides as Brexit talks approach moment of reckoning.
2. Sterling Pound dips as Boris Johnson draws up new brexit legislation
3. Sterling suffered today after UK british Prime Minister Boris Johnson said that he would draw up legislation to override the Brexit withdrawal agreement on Ireland
4. British Foreign Secretary Dominic Raab said on Yesterday taht UK-EU negotiations were fast approaching as moment of reckoning, and that a past-brexit deal was there for the talking
5. There are growing of fears that the deadlock between the UK and the EU could result in a no-deal Brexit on December 31, 2020
6. Revived Hard-Brexit Fears knock pound sterling to Euro exchange rate to weekly worst.
Bitcoin could be to exploded to up!!! Buy Bitcoin signal!!!In short-term Bitcoin is give us a bullish sentiment that for 3 time, we rejected the bears and then, we see that in Daily:
I believe that Bitcoin is leave at the 0.618% of Fibonacci, that point is a golden zone in Daily, and that obviously it's could be to experiment for the next days a possible higher level to reach it in medium term. Also as reference, we are as 5 days consolidated and the wick of Daily se see another direction that Bitcoin is prepare to go up!!!
In H4 timeframe we see the same situation that Bitcoin is in this bullish rising wedge, that mena a bullish signal to entry in long position.
And now, we entry in the end phase that Bitcoin is prepared, now the previously candlestick that was closed up in some minutes, we see a bullish movement so nice to this week!!!
So guys, I re-entry in long position because the Bitcoin is sometime is consused their movement, but we need a lot crytery to evaluate Bitcoin, I re-entry in the limit buy order at $10,020 USD with the SL at $9,709 USD and take profit is $11,100 USD. It's a long movement for short and medium-term,
i hope that suppport this idea!!!
Updated: Short in Ethereum as Bitcoin is leading EthereumEthereum showing an other opportunity for buyers and we see a Ethereum that want to leave down to the $320 USD to then, in that exactly price buy a lot Ethereum for long.
We hope that model to occur
I entry in short market price at $345 USD with a SL at $358 USD and take profit at $320 USD with investment just 0.4 ETH.
AUD show a possible correction before to continue up!!!Hello, in this updated, firstly, I canceled my long position, because in H1 timeframe, I found out a bearish rising wedge, this could be a correction of approximately 100 pips to pick down.
We hope a drop of the price before to continue up!!!
The latest analysis in Daily timeframe there is a 2 candlestick of indecision of the market, that could be a possible correction before to continue up!!! So, guys, I canceled my long position and closed up with a net loss of approximately of 4 pips. That is not bad, but is neccesary to follow what the market is trying to say us.
I think that in weekly could be a possible re-accumulation zone following this arrow structure because Australian Dollar is so run for the past days
So, a meesage for you good luck with your trades!!!