Saturday Update Take Profits/Next Long Set-Up Ripple has had a nice break since busting the neck-line and is now testing the first line of reisistance at .6493 It really needs Bitcoin to break above 7735 for it to power ahead from here to the next resistance line at 6921. Can take profits here and get ready to go long again once .65 is taken back by the bulls...
Bitcoin Cash About To Take Off Bitcoin Cash looks very strong again since his last run. One reason for this could be the upcoming fork on May 15th. You know the potential of what Bitcoin Cash has as soon as it shows a sign of strength. Roger Ver will do a lot to make the coin fly like the last few times. Once the correction is over and we break through the...
GOLD: XAUUSD Update Gold is now testing the first resistance line at 1281 whilst DXY is holding stubbornly above 93.99-93.94. Gold cannot rise whilst DXY holds up. It needs DXY to break below 93.94 now to fire gold as high as 1305. Suggest taking profits here and only going long gold again when 1281 is broken on upside by 100 pips and it's confirmed by DXY...
Bitcoin: BTCUSD This should stay fluid for a while yet, giving day traders a great space to trade in... a break below 6000 for a move back to 5747 (can take 200 or so points on that long from 10 minutes ago now if you want...just trade from line to line shown on the chart...we're looking for a double bottom today to sjow loss of downward momentum and give a...
Bitcoin BTCUSD need to be carefulnow to watch htis isn't turning here by making a right shoulder off support at 6300... Earlier, it was noted that 6300 marks 20% from the top, standard text-book stuff. It's Ok to fall 21% intraday, but not fall more than this (19% to 21% is standard stuff, right?) - well, spookily, 21% off the top is 6240 - and the low so far is...
This post is for all those who are asking about the progress of the holy grail project. There are many ideas that are being poured into the project that are making it more and more effective, but this is proving to be one of the more interesting ones. The idea of an adaptive stop loss is nothing new, trailing stops are super common, and many low latency methods...
USDEUR: A good rally for USD has reached the first resistance - take profits here, looking to re-enter from lower down
BITCOIN: BTCUSD Aprproaching the highs and therefore becoming vulnerable to profit takers. Aim to do the same if long to lock in profits as old highs are tested and be prepared to go long again once the danger is passed, as per comment. You can draw in the upper parallel taking out the recent highs on 15 minute chart, same as bigger parallels on left of chart.
Downtrend Ahead ------------------------------------------------- Bitcoin trend analysis in a few years downward trend Investment risk is too high to buy Bitcoin price may be low If downward trend in next month Buy at this price point is very risky ---------------------------------------------------- i have a bad feel about bitcoin and worry about bitcoin price...
SSI: THE SPECULATIVE SENTIMENT INDEX till now is -1.6053 RSI: 38 on 1h.... 53 on 1d Sell positions can be made at price of 1.1150+ The exit of the market can be done at level 1.1030, waiting for a small reflection from this point and sell again till 1.0976 if the market breaks this level next levels are 1.0954 and 1.0919.
USDCAD -61.8% EXTENSION FULFILLED REACHING THE WEEKLY LOW FALLING WEDGE ON THE 1 HOUR AND 2 HOUR CHART INDICATES A BULLISH REVERSAL COMING SOON SEVERE 1 HOUR AND 2 HOUR MACD DIVERGENCE ENTRY NOW OR UPON A BREAK OF THE TL OF THE WEDGE TO GO LONG ALL THE WAY TO 1.31500 MASSIVE RISK/REWARD HERE WORTH THE RISK AGAINST THE TREND
Take solution at critical support...in lines with the result and forthcoming development. Forsee a rally to 185 levels
EURJPY Take care with sell this pair now