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DXY LONG TERM SELL • market reached a major trendline (weekly) • for the past two days of last week price has been indecisive resulting in two reversal candlestick patterns (drawn and highlighted) which show a slow down in momentum and possible market reversal. • so i'll be looking to sell the dollar as of now and reach that support level, but we wait and see what the market does next week and then we adapt to whatever it does and seek opportunity. please do share your opinions and input :)
TVC:DXYShort
by K0KETSO
Is the BTC Bottom in? October the Month of Mega Gains?For all your ichi lovers ou there, on the 1D, we've got one of the most beautiful E2E's ever, but we're just sitting below this cloud resistance, which we'll likely see act as support as we react at that top supply, so a level to consider for eventual pullbacks. This is also an important level from a fibs standpoint (my fibs are set from a while back to look at the overall picture, I'll still draw more recent ones when I'm looking for pullbacks also.) I would not be surprised to see a quick pullback to that 44-45 level before our next move, but are still holding spot buys on the chance that we pump into the weekly close and Asia gives us a little kick as well. I mentioned 2 days ago I had a feeling it was getting close to an alt run.. I'm getting a lot more confident of that after this move, but we still have work ahead of us and i'm not jumping too deep into the few positions I have open currently. I think there's going to be a few trades put on this October...
BITSTAMP:BTCUSDLong
by Unity-Trading-Group
BTC/USDT BREAKOUT Bitcoin to USDT is now in a breakout in the 1D time frame. We need the daily candle to close above the resistance line (Pink Trendline) to be able to confirm this breakout. If confirmed we can see further push into the Bull Territory marked zone and on its way to 53k soon and possibly 55-60K within this month(October). There can still be a retest of the newly formed support(Pink Trendline) but so long as we remain above the resistance line (Pink Trendline), we are considered bullish as long as confirmed. This will allow the rest of the market to follow and push very heavily. Next upcoming chart will be BTC Dominance.
Long
by UnknownUnicorn28488832