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Bitcoin Technical Analysis. New Target!Hello, guys! Yestergay was a huge pump because of 1.5 billion investment in Bitcoin by Tesla. Now it has a great fundamentals to grow. The price formed the ascending trend channel which was broken 10 hours ago. The was a huge growth and now there are difficulties to break through the R2 pivot ($48000). If the price is able to find support above it, the next target is R3 ($54000). If the rejection is the case and price is able to find support on the trend channel's upper band it is also the great sign of small reaccumulation before the growth continuation. DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions.
by Skyrexio
1
1st BTC Target met, others looking to reach shortlyHello Traders! Just a little update to include the recent rally in BTC... So far, BTC has been moving as expected by breaking its ATH (again). Our 1st Target of 43060 has been MET within 24 hours of posting entries! I hope those following my TA enjoyed those profits made. I will be continuing to hold until 2nd target and no doubt will be leaving some of my position in to run as I am expecting overperformance of target 2. The Correction Channel that we originally broke from is basically picture perfect for my trading system, which is adding to the increased bullish bias of overperformance. This, coupled with the 1st Nested MM reaching target without breaking the setup increased the probability of success. While we did not get an additional entry in the 2nd Nested Move, we can feel good that this ALSO adds to the very bullish sentiment. I am expecting to see 60k BTC within a few days. Stay tuned/Follow me for more content and potential trading setups that YOU can profit from. Happy Trading, keep that risk managed.
Long
by SmileyTrades
Stellar (XLM) Can Explode Soon! TA + FundamentalsHello, guys! Let's take a look at the very perspective altcoin which can give nice growth in 2021. Stellar is the DECENTRALYSED system which allows to make transactions between banks or payment systems quickly and with low costs. Thus, it has the great fundamentals to explode in this year. You can see these fundamentals on the chart. As for TA the price formed the ascending triangle. If now the price is able to find support above it's upper band the first potential target is $0.45, but we need a large volume to do this. In every case the $0.319 looks like a very strong support. DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions.
Long
by Skyrexio
6
EUR/AUD "W" pattern completed. Good Day Traders !!! On this pair we have a market correcting on the M timeframe as well as the W timeframe. On the daily we can clearly see an overextended "W" pattern being completed and we are ready for an impulse to the upside. The target is the 50% FIB retracement taken on the weekly impulse and that aligns perfectly with the next weekly resistance. From a COT perspective we have a strong Eur overall and we do expect this move to complete the Weekly pattern and the impulse correction continuation that we can see on the Daily timeframe. Now if you enjoyed this analysis please like and share, If you have a different opinion you can comment below as I would love to get more insights about this pair. Trade safe !!!
Long
by TheDayzen
2
Levels to keep an eye on! As DOGE goes into uptrend.My previous rule was in play for the downtrend line it recently broke upwards through, so it's no longer in play, but it still can give some resistance. The resistance levels to look for during its climb will be approximately be (the MA numbers will change as the price moves): 50 day moving avg $0.0352 61.8% fib $0.0373 100 day moving avg $0.0380 Then it would climb up to $0.0469 which is the 50% fib of the entire rally, and past that... it would go to the moon :)
Long
by RossJohnson
5
Flick The Chart ! Ethereum & Bitcoin After yesterday's crazy 900% gain for dogecoin? Why hasn't Etherum & Btc Moon yet? Well get ready folks, I predict the next few weeks are going to be a rocky ride, so flick the chart. Their reason is no valid reason why BTC isn't at $60000 or Etherum at least $15000 yes $15000 for Etherum. These two coins just proved to the world how powerful they really are to the world when RobinHood Halted Trading because, on Wall Street Bets, we all witnessed who really manipulates the markets. Get ready because these same hedge funds that lost money are going to be pulling out all the stops in the next few weeks in an attempt to short bitcoin . But Bitcoin and Etherum are going to the moon. Just my 2 cents :)
Long
by k416bitcoin
$GME is going to $500Contextual immersion trading strategy idea. GameStop Corp. operates as a multichannel video game, consumer electronics, and collectibles retailer in the United States, Canada, Australia, and Europe. The demand for shares of the company still looks higher than the supply. I think the short squeeze will continue, thanks wallstreetbets. Short interest over 100% and free money from FED are not a joke. So I opened a long position from $220; stop-loss — $80. take-profit — $500. Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision. Always do your own analysis before making deals. When you use any materials, do not rely on blind trust. You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy. If you like my content, you can subscribe to the news and receive my fresh ideas. Thanks for being with me!
NYSE:GMELong
by KozakHlib
4