NEO USD looking goodNEO currently is at 73 USD, I think there is enough space to profit till 82 USD.
First of all , NEO looking very bullish much like all market atm,but I don't trust too much so ill adjust my stoploss as I go and would lock profits at around 82 which is where the price ill hit the downtrend line. This hit could lead to a drop of the price and that is why im securing my profits at 82.
NEO has still a lot of room to go and breaking that trend line would lead to a massive bullish market, so I advise you to keep close eyes on the market.
Also watching our fib retraimento we can see that price formed a resistance at the bottom of the 0.786 fib this means we can potentially bounce up to atleast 0.618 .
TA
EURUSD_Will the trend continue?_Good trades ahead. U.S. Dollar is moving up after finding new strength in Americas political scene. This pushes all XXX/USD pairs down. Our indicators have been firing shorts on EURUSD for the past two weeks. A major level was breached at 1.21500 and price literally hasn't looked back.
This is one of the strongest trends forex markets have seen in awhile. Be prepared for continued USD strength and thus short EURUSD and long USD/XXX pairs such as our favorite USDJPY. The thing is we don't just jump in to pullbacks because our level has been met. We wait for rejection and verification or major sell signals such as pin bars, shooting stars and engulfing candles.
The hourly shows a decent trade outline that I plan on trading if conditions are met. Entries and exits will be posted...
Disclaimer - If you found this analysis useful or thoughtful Likes/Comments/Follows are much appreciated! Disclaimer: Your data may be different. Material is educational only. Trade at your own risk!
BTC SHORT - BEARISH DAILY MACD CROSSBitcoins daily MACD has just crossed bearish. I've observed bearish divergence in the RSI on several time frames for the last week. I'm calling short here. 10k proved to be formidable resistance. It seems that all bullish momentum has been lost for now and the bears are beginning to take control.
XLM short term tradeBullish divergence on the hourly chart MACD and RSI.
Support from trend line at 4200 Sats
Entry 4200-4400
Stop-Loss below 4000
Short term profit targets
T1: 4900
T2: 5200
Long-Term Cup and handle pattern. However, I see a bearish divergence on the MACD and RSI so be careful in the long term.
This is my trade follow at your own risk!
BTC Is In Trouble - 8700 a likely scenarioNot much to say here - BTC is having trouble getting out ahead of the bear trend/200MA day after day. The chop isn't a good sign, the volume is still too low, and there frankly hasn't been enough pain/shake out over the last five months.
Without a breakout above 9300 ish (probably closer to 9500 with some force, really) the price will drop into the 8700 area once again, then to 7800 following that - I'd even go as far as to say that 6800 USD is in play, if not likely. Safe buyig zone (NOT ACTUAL ADVICE) around 7800, major fiat ins around 6800, averaging down if the price continues to drop.
Worth mentioning that summer is not typically kind to traditional markets - so buckle up.
are you losing sight of the MACRO? whales cracked!do you really think whales look at the 1m 5m 15m charts?
lets look at the macro picture here
the green triangle is a TYPICAL whale consolidation triangle
1. look at the volume boxes representing whale movement which align perfectly with the edges of the triangle
2. whales are tricky and do opposite of what most people think
3. they BUY when there is FEAR in the market... when MOST people were calling 6k/5k scenarios (death cross bla bla bla) they BOUGHT!
4. they SELL when there is HOPE in the market... when MOST people are OPTIMISTIC (like now somewhat!) even if u dont agree with this... please SET A STOP LOSS!!!!
now to support my TA
a. while path is most probable
b. breakout can occur of this triangle but whales will consolidate out this triangle IMO (thinner arrows)
c. thicker arrows are MORE probable scenarios.
d. watch out for huge volumes which usually always confirms WHALE movement
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Decesive moments for the btc/usd pairHi people and alike,
I woke up this morning noticing that the stop loss I placed at 9.5k before going to sleep, worked out fine. Bitcoin has dropped almost a thousand in half a day as per UTC. I'm now waiting to see if my next trade is going to be short or long. Maybe I'm too stoned but I'll wait to see what happens with the price and the whales. and if they want to hold it above the 8.6k or not. Remoras would just have to wait now, if they want to survive. Nickles and dime folks!
Analyzing the 1D chart, the 100-day MA (in blue) is now working as resistance. Yesterday it was the support of the short bull rally. One and one is two, so it's really important that btc closes near that 100-MA today, if bulls want to get out of the big bearish market we're still in. But, why is it so important? Because the 100-MA is coinciding with the .236 Fib Retracement (which goes from the February 6th lowest to the ATH). If the price manages to get back to the 100-MA level today (around 9.1k), would mean that the mini up-trend rally is still alive. Furthermore, it's important that the 10-Day MA (in red) keeps heading upwards and doesn't slop downwards. But if not...
Having said all that, maybe I'm too stoned but I'll keep on learning or trying to.
Peace out.
Does it get any easier? Friday QuickpixGood afternoon peeps,
Hope this note finds you well on this wonderful Friday. As we can see on the the 1H chart for BINANCE:ICXBTC , we've broken the bull flag pattern and are attempting to find support above the high of the flagpole (4192sat) after testing the .618 fib extension. Keep an eye on this chart as this breakout could push us to test the 4580 region which would complete the cup portion of the cup and handle patter we are currently forming.
*This is purely for observational and learning purposes - Do not take any of my comments as recommendations to buy or sell, rather, observe and take my tips with a grain of salt*
PERSONAL TARGET: 4445-4490 sat
BTC bull run - the dance is almost over!Dear Crypto addicted, fan, lovers, haters, whatever,
in the past days huge capital injection to raise BTC from the annoying sideway 6.5-7k to 8k peak, volume also temporary increased from 4-5MM to 9MM per day.
Is that a reversal of the downtrend to an unexpected uptrend??
I don't think so, we currently are still below the channel top of the main downtrend coming from 20k. (log and linear)
RSI and MACD are strongly signing for a down correction, BTC is overbought and RSI is diverging.
This scenario is very similar to the one we experienced couple of weeks ago.
We are expecting a second green leg to around 8.5-8.7k and then a very strong correction.
So very probable a downtrend in the next hours.
Stay tuned and like, share comment if you enjoyed the TA.
*this is just my opinion I'm not a professional advisor! Make your choices wisely and manage your risks!
Bitcoin (Mid April). Still Bearish. Don't Fall for Bull-TrapThis is my update for Bitcoin in April. I do understand the idea of buying Bitcoin on the weekly swing trade since it is near reaching the 8.5k-9k resistance area it has reached many times before. In the very short term, we do see a bullish ascending penant and it could very well turn out to be an inverse head and shoulders. But the RSI is questionable, and is already near the top, and falling a bit.
Those in it to hold mid to long-term should still wait before reinforcing. Look at the grand pattern. It's still a parabolic rise followed by a descending triangle. Bitcoin's periodic rises throughout this winter and early spring haven't been nearly as much as its hemorrhages to the point where it's a plain descending pattern. This very recent jump is not the real bull-run. Odds of seeing 12k this or next month are slim and odds of seeing it go beyond that within that period are virtually nonexistent. We may go up to 9k again, but Bitcoin is still poised to go to 4000-5800. If you've followed this page for the past few months, you know my projection for the market hitting rock bottom is estimated to be late April throughout May for a while. No FOMO.