ZCash breaking support and reaching 400 in 3-4 days from nowZcash should continute this uptrend up to resistance level and break it (most people say you would need a psychic that (will it break or no and for exact numbers and exact values in a given time period.). I disasgree !!! Strongly disagree.
Zcash should break support level in a two days time (according to my calculations) and make a strong uptrend to 400.
When that happends, values should be near that, lets say 380-390$ in a time period given above and i personally dont recommend waiting for prices to grow more and suggesting cashing out your positions, but let's be clear about one thing, it your money and your decision. Dont be too greedy.
Good luck.
Spike
XRP/USDT POLONIEX RIPPLE 42% growthimgur.com
Ripple should make his next downtrend to support zone third time in a row and it will come back exponentially to previous prices 0.265-0.27$).
There will be enough accumulation for big price spike in short time period.
* Price buy in range 0.1913 $-0.1979 $ right after coin reaches support level .
* Target over 0.26 $ (probably going over 0.27$ but not too far from that, 028% is mby little overextended.
* Return on investment 142-152 %(depeding how "far" will you go% when cashing out your position if bought under 0, 20 $)
* Time period 7 days
USDJPY - Bear trap long before more down?USDJPY came under some pressure on Friday. There may be more downside, but right now bears should beware. just below the swing low around 111.500 we have a spike base/demand zone. if we break below this level and demand is still there + shorts start taking some profits, we may get a nice pop higher. As always, will wait for price action after the break. A touch of the 200% extension and an hourly close back above the 111.500 area along with that area once again providing support will have me checking the 5min/1min charts for some long scalps before re-assessing.
I like to look for situations that can potentially catch people out ( like Bear Traps/Bull traps ). When this happens, the flow can change quickly and nice, fast moves can happen.
I like to assess hourly charts for key zones like this, and then trade the shorter time frames to exploit the flow.
$DMPI possible bounce$DMPI has several fundamental recent catalysts, by the time of writing this post it's gapping 40% with some volume.
The stock has fallen about 65% YTD. I'm watching the stock for a spike today or within next few days.
The trade Idea is to see it getting supported around 1.50 with volumes then breaking above 1.67, the targets might be 2, 2.20-2.30,2.50
finance.yahoo.com
finance.yahoo.com
finance.yahoo.com
AUDUSD ShortGood Evening Traders,
This is my analysis for AUDUSD Nonfarm Payroll release. I believe USD will strengthen tomorrow. I will not place any trades for tomorrow due to the fact how volatile its going to be. As you can see in the charts basic price action has occurred. We have a bearish trend, prices broke support and has turned into resistance. I placed a slightly big SL due to market makers looking to sweep out the market. Good luck everyone
USDJPY Bullish price action and structural breakHi all,
I am currently looking on the daily USDJPY chart that have found support on 61,8 fib, have a bullish price action spike and looking for a structural break.
If the dollar keeps staying strong against EUR and GBP this would be a good potential upside with first TP at 1.618(121)
$DAKT approaching the 10 whole dollar resistance, look for short$DAKT has spiked nearing the $10 level, looking for the short in the morning, I have a loose stop because it could pass through the 10 dollar area and spike into the resistance last year. but if it goes above 10.30 then I'm out, but I will build into a short with the 10.30 area being my exit point.
$LEI Potential Spike?This ticker has been requested by a follower of mine, so I mapped out the current trend along with key resistance points. Trade safe!
NVDA graphic MountainNVDA is spiking extremely up. Almost reaching Max profit PT. Standard error of possible profit max target is the green rectangle. Possible setup for a short solely based on technical alone. Short at Profit Max or after reversal pattern develops. Further fundamental research may be need, forecast is subject to change.
NFLX Has TWO Scenarios NASDAQ: NFLX took a massive hit today dropping currently around 14.00. As for the future of NFLX, there are two possible scenarios that could unfold. The first scenario involves the idea of NFLX falling to 80.23 by July 22nd, with a rebound back to 85.00. On the other hand, the second scenario involves the idea that NFLX will rebound by tomorrow and spike to roughly 93.00; which could be a massive potential for buyers. However, in this case it would cause the stock to fluctuate around 93.00 to 87.00 for about a month (similar to the trend found in May and June). I would suggest waiting until the end of today. Go check it out yourself.
Fist's Rejection Spike Template 15MThis is just a template of indies - all the legenadary Vdubus - to get a handle on trading rejection spikes. What the indies don't show are spikes that tried to live but failed so if you back test little reversals you'll get very good %: it isn't like this live .
As always, you'd need to work with Price Action primarily but these indies can be very useful when working with your own S/R levels, pivots and fib.
Thanks to Vdubus for all his work.
S&P 500 emini futures day trade ideas for Monday, May 16Although I do not have access to a Market Profile indicator on TradingView , I've shaded in the areas (on a 30 minute bar chart) where I see two separate distributions from Friday's double distribution trend day selloff.
If the market opens Monday in the lower distribution, I would look to enter a day trade short if price rallies to the high of this balance and fails, re-entering the lower distribution below 2047.75 with a stop above 2049.25 (back inside the upper distribution). There is also a single print at 2051.25 and may be a more attractive spec short, as that level could be considered the "spike base" from Friday's earlier 3rd period low.
Short targets would initially be Friday's low, and possibly to test last week's low at 2033.75. If that weekly low fails it opens up the possibility of trading down to 2026.00, which below that would stop the one time-framing higher on the monthly bar.
If price opens Monday in Friday's upper distribution ideally I would look for a long entry if price trades down to 2047.75 with a small stop just back into that lower distribution, with initial profit target of 2058.75 - where mechanically two 30 minute periods sold off from (mechanical because it was Thursday's close).
With declining NYSE volume Friday of 3.5 billion, Friday's selloff could be attributed more to weekly options expiration, and the market could be very short. With any trade monitor for continuation, and look out for a possible short covering rally.
GPBAUD Spike Trade Rejection or BreakThese spikes are starting to show strong rejection. There is a trend line bringing the price up, and with a change in the head of the Reserve Bank of Australia, anything could happen. The blue rectangle represents the unknown zone. I would suggest targeting the short term short, and put your stop loss at the top of the blue rectangle. If the price closes above the rectangle, close the short, and go long, otherwise, stay short and target those 100 pips. If price breaks the blue rectangle, it will easily cover your loss on the short position and still give you profit. There should be profits either way.
Trade of the day. Sell AUDUSD as upward momentum has fadedA few notes about this chart in point form backing my argument.
1. MACD crossover possible after bouncing below off the MACD trend.
2. Importantly Relative Strength Index which has been climbing even after the AUD has spiked downwards to the upward support has finally broken down AND may fall below the historical declining strength trend. On the other hand it may act as the support.
3. CCI is not oversold.
4. Price has bounced below from the 200 day MA and is now at the juncture of other MAs plus at weekly support.
The trade: Sell ONLY if there is a break below the current upward support. Stop loss above 200 Day MA.
Divergences on Double BottomDivergences on double bottom with OBV and Mac-d along with volume spike showing institutional interest.