Still Alert on Ethereum: A big suprise movement!!!Ethereum is turn bullish. So, I put a buy order limit at $372 USD because in H4 is turning to go to bullish soon!!! The $372 USD is my perfect buy order limit that I put or Ethereum!!!
So, the key is in Daily timeframe that Ethereum is turn bullish, look below:
In Daily I put these 3 targets that we could to reach in Ethereum!!!
Target # 1: $391 USD
Target # 2: $445 USD
T arget # 3: $484 USD
Now, the target #3 we could to get a surprise i Ethereum reach the $484 USD!!! That I explain in the draw that we have a surprise box, that it's a good profit and good earnings in Ethereum111
Ethereum is hot!!!
Good luck!!!
Targets
CLX - My Squeaky Clean, TWO PART PlanThe plan details are on the chart. Short term, if CLX visits the 208 level and makes a double bottom on a smaller timeframe I will look to go long with a tight stop at 202. If 202 breaks, the bottom of a horizontal channel is at 194 which is where I would look t reload due to fib support and the 200 day moving average. The targes for longs of the first trade are on the chart. I will be looking to play this with options. If you want access to my options strategy, please DM me :)
I hope we profit TOGETHER! If you found this to be insightful or helpful, please show appreciation by hitting that like button. If you want more ideas I invite you to follow as well! I try to be here for all of my followers with any questions they might have. Feel free to shoot me a DM or comment below to start a conversation! DM me to get these charts and my ideas before anyone else!
EURUSD AB=CD / WXY(ABC) Revised Price TargetsEURUSD
I've revised previous EURUSD chart, linked to as related idea...
Revised Target Projections:
AB=CD Pattern 1.618 Extension =
$1.16507
ABC Wave of "Y" Extension = Yellow Dotted Fibs
100%: $1.1708
123.6%: $1.16701
138.2%: $1.16462
161.8%: $1.16077
WXY "Y" Wave Extension = Pale Blue Dotted Fibs
78.6%: $1.16978 (Target Hit Today Sep.22,2020)
100%: $1.16426
123.6%: $1.15817
138.2%: $1.15441
BTCUSD Long Term Chart Patterns WXY Correction TargetsBITSTAMP:BTCUSD
In this video I look at chart pattern possibilities, including the text book break down from the recent Inverse H&S Pattern reaching its target to the tick! This target hit the ATH 50% Fib., to the tick practically!
Also, I highlight the potential Inverse Cup & Handle Pattern I'm seeing develop. As of this report $BTC has retraced 50% from swing high($12,473) to the local swing low($9,825.xx). Should BTCUSD retrace past this 50% level(higher), then Inverse Cup & Handle pattern should be considered invalid technically. Anything greater than 50% retrace on handle should nullify this pattern, Inverse or not.
If Cup and Handle plays out, a target of roughly $7,500 is considered! This puts BTC price close to 61.8% retracement($7,143.99) of March-August Rally.
I propose a WXY correction to achieve these targets!
WXY Fibonacci Extension Targets for "Y" Of course this is purely hypothetically speaking should the "X" pivot hold as I report this. It's entirely possible that price can briefly pierce higher, thus slightly altering the fib. levels, in which case I'll update as necessary....
61.8%: $9,546.59
78.6%: $9,101.74
100%: $8,535.08
123.6%: $7,910.17
138.2%: $7,523.57
161.8%: $6,898.66 (Y wave should not exceed the 161.8% extension) I interpret this as that the Y wave can in fact extend up to this level, though, should be considered suspect as it approaches and eventually surpasses the mark!
In addition to the potential Cup & Handle, should that develop, there would be/ is nonetheless, an Inverse Head & Shoulder Pattern possibly developing as documented in the video analysis!
I'd love to get your feedback! Also, please leave a like and feel free to follow, as I will be offering more chart analysis, focusing predominantly on Bitcoin and Cryptocurrencies. Occasionally DXY and EURUSD too!
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GBPJPY lining up nicely a decent RRR shortThis setup is looking very nice moving into next week. The week view rejected our upper T/L, we also have a potential triangle forming (upper level is marked, lower level sits nicely on our first target) If this triangle does form and come into play then its relatively unlikely we will see the second target on the first push to the downside.
We have clean divergence across the Histo throughout the lifespan of our channel, giving a clear indication of price manipulation. i will not just short this pair based on strong bearish momentum. I am either looking for a pullback to the highlighted area, or I am looking for another push down, followed by a continuation in an LTF that may present our entry. Targets are FIB EXT targets based on the channel parameters.
SPX: What to expect next?Hello traders and investors! Will SPX resume its bull trend? Let’s see about it.
First, the trend is bullish in the short-term, and as long SPX keeps above the 21 ema and the purple trendline , it will remain bullish. Only if it loses one of these 2 points, we will see the trend getting weaker.
Also, keep in mind the black line around 3424, which is an important resistance, as it is the same point SPX did a top recently, after it filled the blue gap . If this black line will be defeated, the next targets are the green lines.
If the purple trendline will be lost, along with the 21 ema, the next target would be the red line, and the yellow gap down there would help to drag the index down.
Either way, the recent movement could be seen as an Ascending Triangle chart pattern.
Now, let’s see the daily chart:
While the short-term is still bullish, the daily chart is not so much. SPX is still struggling a lot to defeat the 21 ema, which is flat .
If the hourly chart turns bearish by losing the points mentioned above, the daily chart suggests that a sharper pullback is possible, because SPX can trigger a pivot point (yellow line), and its target would be at least the 3280 (red line).
These are the most important points for SPX right now, and if you liked this analysis, please, support it! And you are invited to follow me to keep in touch with my daily analysis. I’m sure you’ll find something interesting around here.
Stay safe.
BTC breakout or breakdown? these on the charts are weekly camarilla pivots. the blue numbers are upside and downside targets.
the upside. 2nd target would fall in line with a 3rd test of major trendline and may be the call to a larger dump if failed. or larger breakout.
the downside. falls in line with linear regression and current local downtrend as well as a minor CME gap.
H4 and L4 are breaking levels.
BTC hits support of $10,488 early. Will now continue up.BTC hit bottom of channel at 10,488 which provided great support. Looks to continue upwards now to previous targets of 12,927 and 17,146 via the slower moving upward trending GREEN CHANNEL
Because this occurred more rapidly than expected, I the probability of hitting my earlier predicted BUY TARGET of $9,800 becomes less likely. I chose to buy here instead.
Best of luck traders!!!
BTC will continue uptrend upon support. Target 12,927 - 17,146!Greetings dear traders,
Here's what I see happening on the charts. BTC market has gotten ahead of itself. We are now consolidating and entering back into the "Larger Uptrend Channel". We will still reach our targets or 12,927 and 17,146 after that. It will simply take a little more time if we reside in this channel.
As you can see from the chart, we should find support soon (maybe by the end of the week).
Good luck traders! Many blessings to you all.
AUD/JPY: BOOM Hit All Targets In One Day Only +110 Pips CongratsThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
12,927 or even 17,146 coming THIS WEEKEND or NEXT WEEK!Yes, I said it. Bold prediction I know. But, the way I read the charts, it looks as though all the stars are aligned. I've been wrong before (why I always set my stops), I could be wrong again. But geez people, just have a look at these indicators!
ETH: Next targets.Hello traders and hodlers! It’s been a while since the last time we studied ETH, but here we go!
Ok, ETH passed through the $ 289, which was our main target since May (I believe), and now it is in a clear bull trend , doing ascending tops and bottoms . It defeated another resistance at $ 364 and it seems it found a support at its previous top, around $ 414.
Since we are in a bull trend, pullbacks are just opportunities to buy. Also, the volume increased a lot over the last month, which is a good indicator that this bull momentum is solid. Now, there are few things to keep in mind.
First, the recent candlesticks have some nice shadows under their bodies , showing us that there are people buying near this support level. And since the trend is bullish, any bullish candlestick pattern could trigger a long trade.
Second, if we see a pullback beyond the $ 414, that’s ok, it won’t be a reversal sign . In fact, it could hit the red line at $ 364 again without ruining the trend. This gets clearer when we look at the weekly chart:
Yes, the chart is a little stretched lately, but again, that’s what pullbacks are for. To give another chance for those who didn’t bought it before, to jump in a safer trade.
The 21 ema might be a support as well, but we can’t count on it. The trend is strong now, and we can set a target at $ 517.
But if you ask me, in the long run ETH has the potential to hit the $ 828 again. And, of course, please, support this idea! You wouldn't still be reading this if you didn't find it interesting, right? And I invite you to follow me for more analyses like this.
There's no clear sign on ETH, but the trend favors the bulls.
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Cardano / USD - the most recent targets!Hello, Traders!
Since the start of the year, ADA has increased by 338%, all the way from around $0.03 USD to $0.14 USD which ADA is currently at. After seeing the growth, ADA has exceeded many of those in the top 30 by market cap, will this growth continue?
The only way has been up since March for ADA. This upwards trajectory can be clearly seen. However as demonstrated above, the ADA volatility is increasing hugely with this move up. Volatility increase could be a slight cause for concern, so it bears the question.
ADA has recently seen multiple bullish formations. ADA is currently trading within an ascending triangle formation. The ascending triangle has multiple points of contact, increasing validation. Before the ascending triangle, ADA saw a symmetrical triangle formation. This symmetrical triangle formation had a positive breakout and had a positive trend beforehand.
The overall formation is bullish. Seeing an ascending triangle formation after a symmetrical triangle formation (which had a positive breakout) is bullish. It is also bullish due to the huge upwards trend seen before the formations. If the symmetrical triangle is ignored (as demonstrated below), then the formation is still extremely bullish – providing that a positive breakout occurs.
Price targets
Bullish price targets:
The first bullish price target is $0.17 USD. If this was reached it would represent a 24% gain from our current position.
The second price target would be $0.22 USD. The likelihood of this occurring is low due to the $0.17 USD resistance level being very prominent. If this was reached it would represent a huge 57% gain from our current position.
Bearish price targets:
The first bearish price target is $0.11 USD. This could occur if there was a negative break of the ascending triangle and if the central PP was broken below. A move down to $0.11 USD would be a 17% loss from our current position.
The second bearish target is $0.09 USD. A move down here would be extremely unlikely, however it would be a 34% loss from our current position if this happened.
Please share your thoughts on the analysis and watch out for the market!
Good luck!
Bitcoin--Breakout or Reversal?
Is Bitcoin set for a break-out to the upside and potentially a return to $20k, or are we nearing the end of Bitcoin's latest rally?
The Bullish Scenario: Bitcoin consolidates around the lower 9k's for a while before retaking and sustaining above 10k. Price pushing above $10,500 results in a lot of buying pressure causing price to surge by thousands.
While Bitcoin has taken on a more bearish posture as of late, there are yet reasons to remain bullish. The traditional stock market is performing well. As long as the market as a whole is bullish, there is less reason to be bearish. The market tends to move together. Another reason to be bullish is because of the monthly read on the MACD indicator. The monthly appears to be positioned for a good close tomorrow (06/29/20) and Btc could get the monthly buy signal. It's generally counter-intuitive to be bearish when Bitcoin's got a green light on the monthly. If only the market were that simple.
The Bearish Scenario: Price falls to $8,600, then to 7500, then to 69.
There is good reason to be bearish. Price has been rejected at the top of the range once again, this time failing to even touch $10,500 before rejection at $10,429. Every day bitcoin fails to retake $9,300, $9,500--the bearish case is reinforced. Btc at the moment has death-crosses up to the 6-hour time-frame. This means (perhaps obviously) that movement averages on the lower, and increasingly higher time frames are flipping bearish. Weekly indicators and oscillators are pointed south, while lower to mid time frames appear indecisive and confused.
My opinion:
Volume and volatility are tightly contracted, which implies a big move is coming.
Not advice, but I look for a drop below previous swing lows for downside
confirmation and previous swing highs for upside confirmation.
Trading isn't knowing exactly what the market is going to do, it's being prepared for what it does.