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$20,000 BY JULY 1ST (BTC) OSCILLATOR OVERBOUGHT FOR 7+ DAYS Good afternoon, First of all, please hit that like button or leave a comment! 👍 Second of all, shoutout to my counter traders you're now tapped at the top. Third of all, we've seen 2 fake outs over the past 3 days which may result in trapping bulls and liquidating them. If you seen my last post or follow my twitter (YurloYT) you'd know I've been talking about the idea this may of been a fake out before heading towards $34,000 ish and if we hit that zone its likely we won't stop. Lastly, the fact this is happening during the Miami bitcoin press conference is PRICELESS. (Daily momentum oscillator has been overbought for 7+ days, we've seen 2 fake outs with a significant dump shortly after. If the next 2 support levels fail we probably see the next capitulation phase sooner than everyone expects, and no this isn't financial advice, just my personal bias) Don't get trapped you won't like being liquidated in leveraged longs once the dump REALLY starts. Once liquidations start going off it will cause extreme panic and fear which will increase the sell off pressure. (you've seen nothing yet)
BITSTAMP:BTCUSDShort
by YurloTrades
14
GBP/USD Changein chart position we can see it was still in bullish trend and it make modern waves so its still possibly continue the bull trend. just keep on eye to the chart and don't forget to read some news happy weekend guys :) just wait until price get out from the flag, if its still at bull trend you can put on long position and take profit at : TP1 : 1.42632 , TP2 : 1.42378 , TP3 : 1.44207 and if its go to bear side and take short position you can take profit at : TP1 :1.39656 , TP2 : 1.39119 , TP3 : 1.38582
by alfiansyahh21
Short USOILSo after i were (more or less) correct about the direction of oil, i wanted to have another look at the future. I think oil has a little more fuel to go up, but i also see the power of OPEC and them amping up the production, causing a potential fall in the oil prices. Therefore, i presume, we are going to see a minor downfall in the USOIL chart. im guessing a minor, because we are still in a covering fase in the world, so there are still more oil demand happening.. so only a shorter fall and then up again. Let me hear what you think :)
TVC:USOILShort
by Hvalp
BTC may drop now to the bottom of the golden pocket and beyondThe type of dip (descending arch) we are seeing on the hourly often has a sharp fall to follow. If we look at the last descending arch it was the last time there was a major dip. Following that we can estimate where it might fall to and take out a long position. For now it's a short. The first drop might bounce from the bottom of the golden pocket, which is also the weekly S2 and the bottom of the forming triangle, providing us with some confluence. A bounce to the upside would probably see it reflect off the top of the golden pocket / weekly S1 and make its way forther down to find support again at around the 29k mark.
Short
by myleztone
1
2 ideas for $MATICSo these are the 2 possible scenarios I see taking place. If you bought in at the first support and are worried don't be its probably gonna graze the 50% fib support and should bounce off of it. I have drawn 2 different pathway's for you to look at to get the gist of what I believe we should see over the next 24 - 48 hours. This is not Financial Advice only my opinion using tools that I know and understand in order to produce a good analysis. Please DYOR before investing into cryptocurrencies considering the level of volatility in this market you need a good understand of it. If you liked my analysis feel free to drop a like / follow in order to follow me for future analysis. As always, Happy Trading Traders & Never Trade Leverage!!
MLong
by PacMan1337
5
Entry Position for Matic/USDSo I know a lot of you have trouble knowing when you should reenter the trade or even enter the trade so I made this up to give u a idea of where u need to be entering into the trade if you sold at the 78.6% lvl and then are now waiting for it to settle. I would say it is going to just barely touch the 61.8% support and bounce off of it and start heading back up to retest the old ( ATH ) and set new ( ATH ) and so on. So if you are waiting to reenter into a long position then this I think will be the best area to do that. This is not financial advice this is only my opinion using tools that I know in order to produce a good analysis. Thank you all of you for supporting my technical analysis and I hope to continue to see you all in the future! We are shaping a future for our children and our children's children by supporting blockchain technologies ! If you have not yet started to DYOR on blockchain in general then I highly recommend you do so. Blockchain is indefinitely going to replace fiat / currencies as we know it today and there is a strong chance it may even help other countries that have broken financial system begin to thrive and flourish and catch-up to us larger countries. I hope all of you have a bless day and remember always, NEVER TRADE LEVERAGE!! -PacMan1337
MLong
by PacMan1337