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Regression

Bitcoin is on its way, But how far? ( Answer included ) Bitcoin is going up. For now, It seems promising. Just break the Fibonacci Line ( 11200 ) forming a gap. The momentum also increasing, DMI is in good position. MACD suggest a big uptrend movement. Also, It passed the great downtrend line ( Green Line ). If it can reach ( I think it will ) 11800 level, We can expect more bold movement, Creating C&H or H&S pattern. So, Are we going to the moon? Not so fast. The upper limit of Regression trend line(Blue and Red zone) is formed at 11800 level, which is also happens to be a fibonacci level possibly indicating price reversal. In addition, If we have outliers for this regression trend, The yellow and red line which also trend lines for outliers are formed 1200 and, 11800 level. The RSI indicator is almost in overbought position as well. The key point is 11800 ~ 12000. I will come back with new Idea when it reaches that level. Don’t follow the bright light without any question, It will burn you up. Always, take profit while it lasts. Your dear friend, Bubble Pop.
BITFINEX:BTCUSD
by BubbleBubblePop
S&P 500 Trend Continuation UpwardsA important bullish turning point for the US stock market occured on Friday, February 23, 2018. Instead of increasing the growing downtrend of the previous days the "S&P 500" ended the week with a bullish push higher, thereby adding to the chance that the market continues the strong move up of the week before towards the all-time high. Due to the reason that the recovery after the decline has run quite far already though, I recommend to use a stop loss below the recent lows. Here is a recommendation with a good risk/reward of 2 (using instead a tighter stop loss at 2703 offers a better risk/reward ratio of 3). Entry: 2734 Target: 2828 Stop loss: 2687 Risk/Reward Ratio: 2
SP:SPXLong
by ChartArt
BTCUSD - Elliott Correction to the MeanI know everyone's on the "BTC Moon Lambo" hype train right now, but reality shows a regression in Elliott Wave fashion. Peaking out in a $16K hockey stick today, and I've seen people draw comparison to Amazon, Netflix -0.10% , Apple 0.28% , and whatever other stocks fit their mold, but the harsh reality is that Bitcoin 13.55% is MySpace, maybe even Friendster. They've kicked in the door in and sprinted into the room - but, first man in the room gets shot. Long term, this isn't going to last. RSI is maxed out. Squeeze is peaked. Everything is primed for a rough crash. BTC 13.55% to drop down to the $11K range due to initial panic, a Bull Trap at $14K leads to a pull down to the long term support line at $10K.
BITSTAMP:BTCUSDShort
by epaka
12
GBPAUD- Get ready to short or may be you can buy it in the dips.GBPAUD- Get Ready to Buy on the retracement: GBPAUD- Get Ready to Buy on the retracement: To Consider a week of strong data release, by both Countries of the pair. Aussie will have a RBA minutes of the Reserve Bank will two weeks after the interest rate decision. The Pound will have Inflation Report as well GDP follow up and public borrowing. I expect strong volatility and though most probably Pound will be in pressure, which justify the retrace on this pair.
Short
by Leinvestment
EURCAD- Sweet Kisses to boths TLs, and then ... Boom!EURCAD- EURCAR appeared yesterday showing a solid upside momentum, Bollinger Bands had expanded and price broke out the +2-Sigma upper Band. However, the pair was ranging both sides in previous hours. The channelling indicates that upper range may signalize a temporary end of the upside momentum, and the Ugly Bearish Gartley formation is confirming this perspective. It seems reasonable for now, if the upper TL won't be tested, the pair will have a short-term reversal at least to the support trendLine, and I expect with this that is preparing another rally to the upside. So perhaps an "aggressive" Trader can use this setup for the next couple of Hours. Enjoy It, Cheers!
Short
by Leinvestment
EURGBP- The long weekly trend will not disappoint you!GBP is likely to continue to lose ground for EUR. Although I consider myself a retracement trader I have to admit that this rising trend is here to stay and will continue for several weeks as my projection forecast. Technically the Regression Channel is showing that we are now at (-1 sigma STD) on the daily 200 LRMA (Linear Regression Moving Average). My experience has shown that this slight retracement on this pair is not sustainable so the odds are now favouring EUR, eventually will come back with the bullish signal after the completion of the retrace near the support, trend Line. You should Buy EURGBP near the support TL or when prices test it again. Good Luck! (Beware that this will be a Long-term Trade)
Long
by Leinvestment