There is nothing that look good about the BCH/BTC chart. Technically the MACD and sRSI have buy signals, but I am still waiting on lower prices, or a confirmed reversal to open a trade on this one. I am watching it for an opportunity to trade, but I do not see one yet. Sure this might be the bottom, but I would rather wait and know it is before opening a...
Nothing is bullish about Ethereum, keep that in mind. Bitcoin is probably the best crypto to follow closely as everything else will just follow BTC - Including Ethereum, although Vitalik likes to disagree. So, what do we have: (1) A bearish TK cross. Price is going sideways so I don't think it's that valuable at the moment, but it is still bearish. (2) A bearish...
Looking for a short term trade for long to the next resistant level as displayed
Clear downtrend support are taken out, rezistance are respected. Short at round number 1.52 on most traded volume area of week could be great short oportunity where sellers absorbed buyers.
Our pair again reflected from the level of 1.3150, after which it headed down. Our technical indicators show the sale. To date, we expect the FOMC statement and the publication of the Fed's interest rate decision. We can assume that until this point the dollar will continue to strengthen against the pound. We expect that the pair will test the level of 1.3080 and...
Pfizer short term trade - SHORT. Moving sideways and expecting the big move down once again before dividends.
ETH forms an inside bar at at key area. RSI is oversold. And seeing the amount of short interest piling up, I think there is a possible reversal playing out. As @MarcPMarkets teaches, herd often sells on the bottom. My plan is to enter a smaller than usual size position upon breaking up of the inside bar. First target is $450 where I will close half of my position...
Some people believe looking at the weekly chart for Bitcoin gives you bad information when working with indicators due to its limited data range (9yrs). While the early days of bitcoin did see some extreme volatility, its normal volatility - which is still higher than traditional markets - has stayed within a reasonable range for the past 5-6 years. So I am...
ADA is getting very very close to decision time. Pushing down into a corner made up by a daily down trend and a strong daily support which has been previously respected. The last time ADA found this support level it spiked nearly 15% in 1 4 hour candle. If it finds support again here at around 2000 sats, we may see another strong bullish move. If the support...
After breaking out of the long term weekly downtrend, POWR has started to create new market structure with a higher high and higher low. It has now pulled back to a weekly support level which has been respected multiple times. If this support level can hold, we may see a strong bullish move back to test the previous structure around 5300 mark or even the most...
Hi my friends, here is Bitcoin chart. In my last analysis I expected a price drop, but the price go up. Now I see the price moves in the uptrend channel. I expect two scenario : 1) cup and handle pattern 2) ascending triangles and then price go up If you want to update,please give me like, thank you. Majkee (I am sorry for my English)
Right now am looking for the trade shown, however if the price begins to flag up slowly I will potentially take a more aggressive 15M entry -- if this is the case I will update below
First trade successful on ZRX after it broke the short term downtrend with a bounce off the long term weekly uptrend, finding resistance and being rejected at the 15k sat level. After a small retrace, ZRX has found some support at the 38.2% fib level and looks like it could continue up to retest 15k. If it continues up we will may see a break of this resistance...
BITTREX:PAYBTC 30.07.18 - TenX Pay Token Already made 10% gains from last day. It is possible to break again the 20MA from BB and retest the last 2 resistance (tops) at 14633 and 18415 or even higher. Must watch. Possible trades: Buy: 12384 - 12950 TP1: 14000 TP2: 14599 Risky ones or mid/long term TP3: 17000 TP4: 19700 SL: 10136
30.07.18 - Refereum RFR H1 RFRBTC Newly listed on big exchange like Bittrex, refereum is creating its own history now. Accumulation zone, it's still under the 20 ma in BB, must watch. For early entries and risky trades , i put some potential trades. Buy: 137 - 144 TP1: 155 TP2: 163 Risky ones or mid/long term TP3: 191 TP4: 317 SL: 126
Market is now ranging sideways lot of room because EURO has not direction. Key levels to watch on sell and buy side.
Broken trendline / Downtrend on daily / Close at weekly low / Heavy Volume at rezistance area Lot of confluences for short market. First buying zone i see 1.3035
This pair has been in a nice bearish trend for a while, it's still forming lower lows and lower highs. Our major bearish signs are still there and I'm looking to hop in a trend continuation to the downside. I'm just looking for a move lower to enter my short bias trade. I've drawn out a few potential Take Profit levels on the way to my long term target of ...