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its ready for a massive short right here.This is the best option u get... unless it closes and stays above the line here... we need to see the test of previous highs and I think it's ready with the next interest rate rise.his TA is purely of Trend and one of the best indicators of price going somewhere. If we stay above 23k we might see 45k there but that is extremely unlikely. Usually, with every big trend, we get longer accumulation zones than this and I think we are not holding the price on any real support for now. See you at 14k $btc
BITSTAMP:BTCUSDShort
by Cidoguy
OMG - Flashing classic signs, the bullflag may be about to goI've covered OMG a few times: classic bullflag coin that sits and does nothing before blowing everyones mind for a week and then disappointing everyone who bought in at the top over the new few weeks. "it'll come back up don't worry!" yeah in 6 months - 1 year. Couple of huge similarities are showing up with the last time we went to the moon: RSI has been consistently strong without getting overbought, the main indicator of the bullflag on OMG being about to pop historically. Volume has cranked up to 11 pump and create an upward channel --> get rejected @ upper resistance --> next move historically is to bust through the channel and add to your bank account with an extra zero or two.
OLong
by cryptosince1963
5
GBPUSD - Ready for a decent Retracement?Hi Traders! The market was in a very strong downtrend. As you can see the market was making lower lows. Until now the market never suceed in breaking a high. That's why the market is likely to retrace even further. As you can see the market tried to break in the orange box again, but price action pushes back. That's why we recommend to take the trade now. In addition, the SL is under the lowest low. If the market breaks even under the lowest low, it'll fall even furthermore. So, we will cut the trade. The TP is at the 61.8% of the Fibonacci Retracement. We recommend to buy now for a decent pullback! Thanks and good luck :)!
Long
by swissmoneymakers
BTC Futures - Happy New Year 2020 BullsI'm using 3 days as it has a more clear view than 1D (noisy) or 1W (too compressed). So, let's break it down with almost naked chart and price action... 1) Huge bull flag / potential falling wedge (fucking same!) 2) ABCDE completed (Not sure applies, but been working very good for me!) **Also D was a great fake out, typical! 3) ABCDE completed with double bottom (typical from falling wedges before break up!) *Interesting info: Falling wedges normally yield between 30% to 70% profit. 4) Low to high fibo, retrace to 61.8% fibo (BTC normal behavior and healthy / bullish retrace! 5) Retrace to test 100 MA on 3D (must, and done!) 6) Bounced from POC - Point of Control from Volume profile (support / resistance line, very magnetic). 7) RSI is kind of neutral inclining bullish due to mild divergence. 8) We poked higher OB, then lower OB, now ready to go above higher OB? (boxes) Simple as that... Once we get above 50% fibo, then we will be very bullish! PS: As a heads up, this is a pattern, and patterns play out 70% of the time, statistics... So, I'm not saying we will, I'm simply analyzing without any bull or bear bias (pattern itself is bullish ofc)!!! Happy Trading 2020!
CME:BTC1!Long
by Jnsane
1
XRP Bottom is in - heading towards 0.44$ and beyondHey everybody. Xrp has bottomed out and I expect parabolic move from now on. Looking at smaller picture, I have 3 rectangles over here. Yellow - Monthly supply zone. Blue - Weekly. Purple - Daily. As you can see we had perfect retest of daily supply at 0.283 zone TWICE. This shows a strength in the market. After this retest we can easily pierce other levels and try to reach upper line of MS @0.44$. I also added dates, don't look at them too seriously, just trying to work on date pivots. Keep in mind, that when XRP pops, it doesn't retest any supply's in the later stages of bull market. We are shifting from BEAR to BULL. Perfect situation for long term positioning and holding. We will reach new ATH sooner than most ppl think. 0.44 could be a short stop before things get crazy. This idea is for educational purposes only! Have a great weekend everybody.
BITSTAMP:XRPUSDLong
by Patrikas10
1
OSTBTC buy now, because tomorrow will be more expensiveSince my previous prognosis about the OSTBTC pair has come full true completely, I am publishing a continuation of the analysis. Now is potential - x2 Target 1: 0.00000350 Target 2: 0.00000385 Target 3: 0.00000439 Target 4: 0.00000527 Target 5: 0.00000662 OSTBTC waiting for PUMP because: 1. RSI overload 2. Accumulate great Volume 3. Dev Roadmap say what him make Network Update in end of June Subscribe to my Telegram channel (free for now): zCryptoTrading
OLong
by Z_Crypto_Trading