Shortsignal
WE CALLED IT!! Ethereum and Bitcoin side ways now before a moveIf you took a short position or locked in profits around the 1850 mark congrats, we called that almost to the minute. Please keep up with our posts and make sure you share this information with fellow traders as we put out more information regarding daily and long term price action. This is all trend analysis and not trading advice, please use your own judgement to make trades. We expect the next day or two to contain a lot of sideways action but overall the indicators still show bullish trends. If something changes we will update everyone based on the indicators. Happy Trading!!!
Trendline got BrokenAs we can see there was a nice trendline in the 1H chart. Now that it got broken we will probably see a backtest to 47K.
If Bitcoin can't hold the 47K we'll see a bigger correction down to 30K like I showed on the previous Chart.
We are at the start of a MEGA cycle so just buy more from the dip and look at your portfolio again by the end of this year ;D
Good Luck y'all!
BGNE short above 260$, target price 161$, about Mar 9, 2021.BGNE short above 260$, target price 161$, about Mar 9, 2021.
Similar pattern of Aug 8, 2018.
Wait BGNE price reached 161$, start building long position.
It's not a good idea holding BGNE under 270$~260$
Long stop-Loss price : 259$
Short stop-loss price : 284$
SHORT TRADE GBPCHF sell to 1.1887No nonsense approach simple clean price action trading all info in picture apart from the strategy (use your own SL according to your risk management THIS IS NOT FINANCIAL ADVICE, MY OWN ANALYSIS FOR PERSONAL USE) Direct Message me for info.
Follow and share for more clean ideas looking to make a change in all this guess work in trading forex, want to make money and change your view on trading let me know.
82fx
Bitcoin approaching a death cross and heading lowerThe 50 (Green) DMA is approaching crossing under the 100 (Blue) DMA. If this goes ahead, this would trigger a strong signal that BTC will be heading lower.
With the RSI also close to the over bought level, this adds another signal/metric for an impending downward trajectory.
The price has also remarkably followed a supporting trendline for over a month. If a death cross gets triggered and the price falls below this trendline, a downward pattern on 3 signals (death cross, over bought RSI, price falling below a supporting level) will have been confirmed.
At this point, it looks as if a downward pattern will be forming soon.