Get started

Technical-analysis

EUR/USD - Technical Analysis & Trading Idea - 60MHi Guys, Today in this Technical analysis of EUR/USD - 60M we can easily observe a very strong Bearish movement in the market from couple of past few days and the market had also respected our Trend Line as resistance, Our 200 EMA also seems to resist market price here. In addition we can also expect Retracement from .382 Level from Fibonacci Retracement tool. And most important we can also observe that our Trend Line, 200 EMA and Resistance Level are meeting almost at a same point so we can expect Bearish movement after a small Pushback and go for a Short Position . I hope this will be Helpful to you. And If if you have any suggestion and questions related this Idea please comment below. -Thank You
Short
by its_dedsec_here
2
WAVESBTC Long positionIt's just a trading idea purely based on chart pattern. WAVES/BTC looks like it might break out of the triangle it has been forming for the last few days. Buy zone - when it breaks out of the triangle - around 0.000134 BTC ( or at the bottom the the triangle, but it's more risky - 0.00013 BTC ) TP 1 - at 8% around 0.000145 BTC TP 2 - at 16% around 0.000155 BTC It's not a financial advise. Remember that it's always better to take the profits off the table than lose all of them if the trade doesn't go your direction. Profit is a profit!
WLong
by CryptoEngineer1
EURUSD Long-term analysis. Be prepared...Greetings fellow traders, As time goes by, the markets evolve... If your way of TA is strong, then the path will lead its way... More visible, more probable: Dashed lines; Possible forming patterns Solid lines; Confirmed patterns / Support or Resistance Dotted lines; Possible price-action trajectories / wave trend Lighten colors = Support | Darken colors = Resistance Today's Note: Since I live in the EU zone, from time to time I shall publish my perspective on this market. This is going to be a long one... I really hope I'm wrong with this. But, It's looking pretty bad. This might be another "The Great Short" moment. Meanwhile I've been analyzing the EURUSD for quite some time. Fundamentally, I don't see any reason for the Euro increasing its value to all-time highs. The tensions between Iran and USA is just another smokescreen of what truly is happening. After ECB establishing the negative interest rates, in the meantime, the first banks in the Netherlands has introduced the 0% savings interest rate. Most probably soon enough, the rest will follow. This is due to the new yearly cost for the banks. Concerning banks have to pay approximately, 100K Euro annually to the ECB. In short, if our citizens want to save their money, they will actually have to pay for it. I reckon this is happening everywhere in the EU zone. If you ask me, this is the real reason of the sudden increase of value and interest of the prominent commodities and bitcoin as well. Obviously, informed people are looking for safe havens. "If you don't read the newspaper, you're uninformed. If you do read it, you're misinformed," ~ Denzel Washington ~ Although It's logical that the current leaders and the mainstream media are lying about this. Otherwise it might cause a disastrous effects, like a great depression or worst case scenario, total anarchy. I'm sorry to tell you, but it's not over yet...EU's moto: "If we're failing, let's do more of the failing!". The EU recently just agreed upon the "Green Deal", which is going to cost EU-citizens tax payers, at least, a whopping 11.000 billion euro project. Yes, you've read it right, it's not a typo, billions . I can imagine people are thinking, "you're crazy, why would they do that?". Unfortunately you can fact check this. I would not mention it, if it wasn't evidently fact checked. Although please do look it up yourself, it's always good to be informed. Most crazy about it, it's all based on fairy tales. But that's another subject I would rather avoid for now. People are concerned about the huge debt of America. Clearly those people are misinformed about the value of money and how this is being used in the current economies of the 21st century. If you know your algebra, the variables of the equations are currently equal. Since all FIAT currencies are debt. Well, some tried but failed. Like colonel Qadhafi, who tried to introduce gold standards to a united states of Africa. I reckon I don't have to explain what happend after that. Needless to say, It does not matter that the US has a huge debt. Currently it's not about how much debt there is, but the velocity. How fast it is increasing, is more important now these days. We already know by now that every previous US presidents just made sure it didn't crash on their terms. Trump is doing a phenomenal job on decreasing the velocity even more. Can't stress enough that I truly wish I am wrong with this, don't forget that I live in the EU zone. I'd rather not make money on this, than watching my people suffer. Honestly, I'm hoping for a NExit, get out of this sinking ship called, EU... If you made it this far, appreciate taking your time. Hopefully this will be helpful to you. To be concluded...
Short
by bonic
8
Platinum There is a head and Shoulders formation on platinum that could keep bulls on the hold, One thing about price action and TA though is that what can not evolve vertical in price it can evolve sideways in time. What I mean here is one would expect according to that H&S for price to go in lower levels, instead of that though and because of the strong support we found on the 50MA on the daily - marked by the green line on chart - price has been moving sideways using that level as a good buy zone Also the down slopping trend line underneath is the trend we broke out after that multiyear bear market taken from that pick we had back on end of February 2008 , so we see that having all this support underneath we have a good reason to believe that price is set to go to the upside on the long term. Forming that sideways move as we do at the moment negates the bearish sentiment of the H&S formation . A spike up will not favor the bulls at the moment as it will valid the bearish pattern. I would like to see the price moving sideways for a while reversing slowly to the upside as it actually does for the last couple of days.
TVC:PLATINUMLong
by django2
Bitcoin - Safe Entry Points - Dont Get Rekt!Fibonacci Retracement Levels: Key levels have been totally respected at various moments and have acted as either support and resistance in different rallies. Current bottom just so happens to be the .618 fib level. Not the cleanest but clean enough where it dipped to the level and traded sideways for over a month before this current rally back up to the 10k region. Note: We are currently sitting right at the .382 fib level. Pretty much waiting to see if we break above or below. Bullish Outlook: We have broken the down-trend channel and currently sit at the .382 fib level while approaching a possible golden cross. This is an awesome sign from a bullish perspective. RSI is trending upwards. Now just looking for a new high following a healthy retracement. NVT beginning to signal a possible market-top upcoming. This means we need to see some huge price moves to the upside real soon to be convinced, else it could mean a huge dump in the future..lol Reasons to be cautious here? We are at a major resistance level as highlighted above. Bitcoin has so many times had the 500MA approach the 200MA just to get rejected and continue its downside/sideways action. RSI is trending upwards sure, but we’re in overbought territory for quite some time now and haven’t quite yet made a new high in RSI or a healthy retracement for that matter. I would be very attentive to the price level when that retracement does occur. What am I looking for? Bitcoin’s retracement is what’s most important to me at this very moment. In the near future it will become much clearer whether we make a new high in our RSI and have our price level break the current resistance and continue on up. I’d like to see RSI indicators cool off as we hold current price levels or break them. I’m going to have to see some fireworks with regards to price movement to be totally convinced about a trend reversal. Mind the Gap: Now the gap boys would love to see the $8500 price gap get filled. Now this doesn’t need to happen but it has 95% of the time, so that’s a good enough reason for me to take a look at it. The $8500 gap price level just so happens to be at the .5 fib level. With that being said I am pretty convinced that we are going to have a golden cross because of how sharp this rally upwards is. On the flip side, it’s going to take a massive dump down to reject that idea. Conclusion: I can easily see us getting rejected here at this resistance, having a healthy retracement to fill the $8500 gap at the .5 fib level and still be at/above the 50MA. This is still bullish. This will also still complete the golden cross and BTC can continue and bounce up to break the resistance level and make new highs. I’ve circled a similar scenario in April of 2019 where we had a dump at the golden cross but remained above it, continuing a massive bull cycle that went on to about $14k. Or.. We can hold current price levels or break above it as we have our technical indicators cool off. This will totally change my strategy and I will update this idea as it plays out. Let me know what you think. This isn’t trading advice. Just my ideas and opinions on the current market. Safe trading. Cheers!
GEMINI:BTCUSD
by thiluxan_s
BTC could hit 24k in JulyBTC just broke fib 0.382 resistance and is headed towards fib 0.5 at 11400 (weekly high from 2019 is around that area). If broken we are headed towards very important fib 0.618 which is last year's daily high at around 14000. BTC was parabolic in the first half of 2019 and it could be the same this year. If this is true we can hit ATH at around 24k by July. There are two important resistance lines before (the area around fib 0.786; 16800-18000) and of course ATH at around 20k. Parabolic target is also the top of the smaller bullish channel. RSI is relatively low at 60. MA cross happened in late December which is a very bullish sign. If BTC fails to broke 10k resistance-top of symmetrical triangle, retest of previous low is expected (around 7k), there is also channel support at 8k and fib 0.236 at 6400. I expect consolidation around 10k for now (8500-10500) before pump.
BLong
by chikoon
Bitcoin weekly Uptrend confirmation! Up to 14000?Hello Guys, last week has been closed with confirmation of uptrend. There signal to close all short positions and looking for entry points for new long trades. We are prognosing short term correction and next impulse wave. Buy zone is expected to be in 8600-9200 area. First resistance will be experienced on the yearly highs in area of 14000. In case of sucessful buyer attacks we are expect up move to all time highs. Best Regars, FOBS Team
Long
by FOBS-Fund
1