XLM has pulled back down to the long term weekly uptrend and found support. After being rejected at a 4 hour resistance level it has retraced back down to the trend line and formed a bullish engulfing candle right off the trend line. Finding some resistance already in this push, I expect it to head down and retest the weekly uptrend. When it is back at this...
Heres is my Analysis on USD/CHF I am looking for this pair to go down as long as we stay below the yellow resistance zone on this chart we should be able to see this happen. Check in the Comments Section for More.
Expecting a break of the ascending trend line and downside price action continuation. EURUSD possible new swing lows. For more detailed information on how we identify trade set ups and how you can take advantage of the markets like us at EZinvesting feel free to message! Follow us for updates on future trades!
Ill be honest. The last thing I am doing is selling the lows of GBPUSD. I am not disregarding the fact it could sell off at the lows. But, I would rather see the price break the lows and trap some traders below. I am expecting a Bearish continuation Monday ish, then hoping to see a trap, then I will buy. DEPENDING ON PA Things to consider, GBP is very...
Aussie dollar has pullback to .618 of previous bearish swing, tested previous reactive structure at the level and a previous trend line. with RSI hitting resistance at this level. Price formed an inside bar at 1H chart. Short upon breaking down. If price breaks to the upside. No trade as there is many resistances ahead.
The algorithms usually target 14-23% as first targets which could extend all the way up to 50%, 61.8% or even up to 100% in most scenarios. No trade for me yet, though we are nearing the end of the correction. I included all possible counts including both bull and bear scenarios hence the multiple WXY and WXYXZ's in the chart. The primary and secondary counts do...
Month support held at the 1.15500 level. Previous month closed bullish showing bearish momentum from April has began to slow. Price currently heading back lower towards the named support level closing the week candle bearish as expected. Looking for price to hold the 1.15500 level before entering long with an initial target of 1.17100. 1.5RR Trade Stop...
Finally starting to see some signs of a potential bottom on Ripple. I see 3 buy signals on 12hr and an easy place to put my stops. My buys are down to local bottom, stop is a comfortable distance below. Daily is still technically in a bearish trend, so this is a premature trade idea based on what I see starting to happen on low time-frames and what I expect to...
BTC So that level mentioned above did not hold. And we did drop down to the 7300 area I mentioned, and even a bit lower. Good news for longs is that Bitcoin has given us a fairly obvious bottom to place stops below (blue horizontal), And the M.A.C.D. on the 4hr does not often get this low with bullish momentum forming on the histogram + a cross, without some...
Well it is not looking good... We are currently in a VERY strong downtrend. Recently we broke through the most important support. This support was tested 3 times until we broke through (green arrows). Now we are as low as never before continuing to make lower lows and lower highs in this downwards channel. We tried to break through this now major resistance,...
Bitcoin Saturday Trade Set-Ups for the Aficionado BTCUSDT BTCUSD: Bitcoin Saturday Trades for Die-Hards A slow overnight session has given way to a slow start to Saturday trading. Bitcoin has held up though and if still long here is about 80 points up on the last entry at 7375. Looks like we're stuck with scalping still for now looking at the lack of interest...
Right... Without going into too much detail, BTC is more ''bullish'' than it has been all year so far, according to the cloud. At the moment, on the 1 day chart, we have: (1) Lagging span above the price - which is, in my opinion, one of the best early and aggressive entry signals for traders, this is a very weak bullish signal but usually the first component to...
I am about to enter the 3/3 wave, which is the most impulsive one. My target will be at 0.05 ETH per coin. All in all 240% on my investment. If you want you can join me on this ride. Thank me later ;)
I expect the price to bounce from the 100 lvl (this would be the area where you want to buy) And then I have a target of 30% where I definitly will start to take profits. KEEP IN MIND this is a VERY VERY long trade/investment.
Today BTC reached 7280(until now). everybody is panicking selling their alt coins. we are witnessing a history here, because alt coins are all going back to price in 2017 november, october. coins like GNT, SIA, and many other alt coins are riding a time machine to the past. now is a time to invest wisely, take profit fast when you could and not look back in greed....
BTCUSD: Bitcoin Update 2nd August 09:54 Bst 05:54 Est Bitcoin made the double bottom at 7465 after a little spike lower to 7453 on low volume overnight before reversing higher again. It's still a little weird that it stopped where it did. It may be manipulation and maybe not. It's not easy to say for sure. But it was a little strange and means we need to stay...
BTC has had a strong pull back and is now at a key level of support. The 50% fib level which aligns with a 4 hour support and the previously broken daily downtrend line. If BTC finds support here then we may see a nice bounce back up to test the higher resistance levels again. This would also confirm new market structure making a higher low. If the support here...