Tight
Periods of low volatility and their explosive nature - EXAMPLEThis is Litecoin,
when it ran straight up to ~$300
Price needs direction and the eventuality is that it breaks out massively, often to the upside
this is an example of a tight trading range
I will attach my previous ideas which included tight ranges comparable to this one (maybe not as tight)
Fat cup and handle (C&H) on ZRX on the 12hrLooks like 0x ZRX is going to pop out of the triangle in the coming days. Looking for it to bounce up and test .000215 sats, then retrace down to .000195 range before continuing past resistance.
20 day EMA looking positive still for the run.
**Full Disclosure**
I'm not a pro trader, just going off of what I've been learning the past few months. Definitely not financial advice, do your own research. Any feedback is appreciated.
BINANCE:ZRXBTC
BTC MAKE OR BREAK TIME!!BTC is currently in a consolidation pattern and tightening range. Historically BTC has used the 100-day MA (moving average) as support which it has now broken but still tethering around this level.
The Weekly MACD is just about to cross BEARISH which gives us a bear signal :(
BUT
What we need to see is BTC tighten up over the weekend to a point it has to break. We need to confirm the daily MACD Bull Cross and defend the Weekly MACD Bear CROSS.. This break will determine the trend for BTC going into 2018 in my opinion.
If we break Bearish i think we will see a test of the 200 Day MA which will bring us into the NEW Buy Zone between 8500-7500 approx
LET HOPE THE BTC BULLS SHOW UPP!!! :)
Keep a CLOSE Watch I will be..
Bitcoin: BTCUSD Speccy buy here with tight stopBitcoin BTCUSD Update
A speccy buy in the 16480-16410 range with a stop below
16400 for small loss if wrong here. If it falls away further from
16400 will look to enter again later from lower down, from
15810 if touched.
It is trying to turn back up here and needs to clear 16652 and
hold above there to confirm that the trend has turned back to
positive from neutral currently.
sbux breakout lookoutlong term trend is in uptrend with trend strength increasing
intermediate time frame is showing increasing uptrend with slightly flattening longer term moving average
might be indicating consolidation...forming a tight symmetrical flag in uptrend
move should lead to breakout past resistance area of 63.5x area and into areas of least resistance
target is the .618 extension level at 65.85
volatility is contracting setting up for a major move
possible breakdown due to negative divergence in rsi so remaining cautious- setting stop at 62.9x area
volume is showing strong positive pressure
EURUSD SHORT LONG TIME FANTASTIC POTENTIAL STRONG LEVELS £$ Drawn S/R horizontal lines on W1 very strong levels coincide with diagional ray and key Fibonacci levels.
Fib retrace shows 23.6% reversal occurring, Ichimoku suggesting a bounce off kumo -
Channel Commodity Index reverse also respecting diagonal channel.
First target 0% on Fib retrace, trailing stop from then on -
Stop based on historical kijun-sen flat line, slightly above visual red stop level on short position target
Good luck and happy trading!