3X BTC Bear Token Looks Ready To Make High Percentage MovesBTC is showing exhaustion on the MACD and RSI at the Logscale 1.618 PCZ of a Bearish Butterfly and looks to be gearing up for further downside. The way I plan play this move is by buying the 3X Short Token for BTC as it looks to be breaking out bullishly on on the Daily RSI and the MACD seems to be ready to make some more Positive Momentum.
The weekly for this 3X Bear Token also looks to be showing a Bullish Pinbar if it manages to close the day and thus the week the way it is now.
Overall i think the it has the potential to go back to the 1 cent area.
Rsibreakout
$DXY MACD ST IS BULLISH Bye $89 Hola $97These are my personal opinions and by no means should be considered investment advice. I am not a Licensed Trader, Do your research. Let us get straight to my charts. My Stance on this position is relatively Bullish on the Shot Term. I am Using the RSI that is indicating that we are on a path to an uptrend since 17 of December 2020. When the RSI bounced above 20 the only thing is that instead of going Higher High, We ended up going down. Then found some support at $89ish area on the 31st of December 2020.
I'm now comparing the RSI levels when they were low back on March 13 2020 and it found a bottom and skyrocketed back up to low RSI levels of 17 December 2020. 4 days after it found some resistance at 91 and dropped hard and formed a shooting star if I am not mistaken on 21st of December 2020.
It seems as if $DXY found support at around the $89ish and is recovering. If we would recall the dates between 14th of January 2014 to 8th of April 2018 we would see that for about 4 Years DXY Trading between $88ish and $96ish. Guess what today. 1st January 2021 $DXY is around the same levels.
I am bullish on the fact that the MACD Short Term outlook is Bullish. KEYWORD SHORT TERM OUTLOOK BULLISH MAYBE LONG TERM NOT SURE YET BUT SHORT TERM. Easy cheddar
Entry $89.95
TP $92.00
TP $93.00
TP $95.00
TP $97.00
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Cummins good long candidateCummins cmp 471
Deep crab pattern formation
Counter trading falling channel pattern.
counter is trading in 91 weekly cycle for peak to peak formation
and 88 weekly cycle for bottom to bottom formation.
RSI have given long term breakout from falling resistance trend line.
counter can be bought at cmp and also on dips,, view gets negated below 420 levels
up side 550--600-650-700 levels possible
GBPUSD Buy Idea After Triangle BreakoutH4 - Bullish trend pattern followed by a correction inside a triangle pattern.
Currently, the price has broken above this triangle pattern.
We also have the triangle breakout based on the RSI indicator (if you want to learn about RSI indicator, you can find it here: vladimirribakov.com).
Personally I expect the price to continue higher further.
Mothersumi - BreakoutMothersumi seems bullish as yesterday it tried to give breakout 98.15 but volume not supported. If it give a breakout with volume then would be a great positional trade. Also broken RSI first resistance now need to break second one for upward movement. Targets on chart...
TFUEL/USDT - major move aheadTFUEL/USDT is right at the tip of a symmetrical triangle if we look at it on the log chart and currently building support on top of the first big move (green dashed line).
I lean more to the bullish side with this setup but you should also be prepared for a big move down which could move TFUEL to around .7 cents which means that you should either wait for a breakout above the trend line / a breakout on the RSI and / or place a stop loss if you enter now.
It's possible to short TFUEL so it doesn't matter if you're a bull or bear, it's worth keeping an eye on this.
Phenomenal risk-reward on this setup.
Best of luck with your trades and let me know what you think!
RSI Trendline Crossover Approaching for ES1, Watch for BreakoutES1! has been consolidating after hitting the daily low earlier during trading hours. Bears had a successful defense of the upper RSI trendline. Lower highs and lower lows on RSI have created two RSI trendlines that will reach a crossover point into the early morning trading hours and right before market open. Perfect timing for a breakout move.
Genesis Vision Breakout Trade Setup RSI is also interesting if close above trend line in 2 hr with good volume than good to
Buy : 1120 - 1145
Stop : 1075
Target : 3% to 20%
1D chart also interesting price at support also bounce from here
$GRUB True Bullish Harami DailyGRUB GrubHub has just completed printing a true Bullish Harami candlestick pattern at the bottom of a downtrend. Attached link to diagram explaining the rules for the bullish harami. Large bearish candle, followed by a gap up from close bearish candle, whose body is no bigger than 25% the preceding bear candle. In addition to this pattern, the RSI has shown a breakout from its downtrend pattern and oversold conditions. This looks like a good, short term long play to me, I like the August 23rd C62.5, currently around .55 per contract. Happy hunting and GLTA!! a.c-dn.net
good long potential in XRPBTCMaybe I'll add some text here later, but imo the chart looks good for a long swing, which will could retest upper resistance line in 1-3M time range.
There's already quite a significant contraction during this correction(which has been ongoing for the last 1.5 years) and a new a new monthly candle starts in a week, so let's see how it goes.
Below is a short squeeze happened 25.04.2019(yesterday) on Poloniex
BTCUSD H1/D1 charts (3/6/2019)Good morning, traders. I have been looking for something new to point out since yesterday but haven't really found much. Price has been consolidating at the upper end of the move up from yesterday. The dark black horizontal channel gives you the local TR. A close above the top of that TR should provide the target shown which is the EQ of the upper supply zone at around $4130-$4150.
My current thought is that if we get a pop up to that level, then we may see a retracement toward the EQ of the green zone on the D1 chart (around $3900) before potentially pushing through the dashed red descending resistance from the ATH. We may even have a smaller move up followed by one smaller move down. If the pop up and retracement described happens, then it is likely that we could see a pennant print which would provide a target of the 1.618 extension at around $4900-$4950 based on the height of the flagpole. Prior to that, we may see price targeting the 1.272 extension/R2 pivot on the way up ($4550-$4630) based on the height of the pennant.
H1 RSI is printing a flag, and a break through the flag's resistance should send price upward toward the initial target. Buyers continue to show their interest as RSI isn't getting much of a chance to cool down. This continued pressure as price nears the ATH diagonal resistance suggests that a move through that resistance would create strong bullish momentum overall. As always, we need to see it happen, as well as follow-through. Lower targets remain the same as yesterday but I am expecting the current TR to support price at this time. Beware of a possible bullish SFP printing if there is a sudden drop and price falls below the February 27th swing low. Based on the TR, that would likely print a Spring to create liquidity and move up through the resistance at the top of the TR. If you are looking to short, then you want to see a close below that swing low, at a minimum.
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VTC/BTC 106% Potential gains Vtc showing some profitable future movements
Trading Indicators
macd shows positive growth after such a downfall, ready to attempt to retest previously failed highs
rsi shows momentum gaining
price is still under ichimoku cloud, but growing towards it ready to test resistance
we can see the price doesn't stray far from its support line, with that said stop loss can be set tight for the least loss
Trading Plan
Buy in: .00039-.000044
Stop loss: .00035 10-20% depending on when you bought in
Targets
.0000557 26.59%
.000059 34%
.000062 40%
.0000673 52.9%
.000077 75%
.000091 106%