Trade-idea
ETH/USD 1-5 Wave Now ends 2 wave of Elliot! Tomorrow should be the last day of the movement down, after turning up, if the price is stuck in this range longer then growth is expected only after January 19
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BTC/USD Futures Report 2.0The release of the new Futures report helps to understand the situation on the market, we see that since the last closure of CME futures on November 30, the number of short positions from funds increased another 228 positions, and the long positions have decreased by only 7.I remind you that on December 28 there will be another CME futures close! They opened at around $ 5885, which means that most of them opened a short position! So far, the price has not been corrected from the beginning of the last wave of the fall, so it is possible that this correction may occur closer to the closing date, so we recommend using stops and playing on a small part of the deposit!
BTC/USD Futures ReportAnalyzing the CME Futures report can be seen as from November 20 to November 30, the number of long positions increased by 210 points, and the short position increased by 174 points, which still leaves the short position dominant! For December 1, the price has not changed much, which means that the positions still remain, but interestingly, the commercial positions where only one trader participates increased by...
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BTC/USD <DECEMBER RALLY> $10 000 or $1700....As you know, opening and closing futures strongly influences the price of cryptocurrency, often in favor of opening! Now we are seeing good futures profits from September 4 to November 30! The following futures closed on December 28 from CME and (19 from CBOE), respectively, the award can be seen as they closed today with more than 50% profit! to get the same profit on December 28, you need to make a path of 183% to a price of $ 10,000, which will be a good end of the year! From the left it is shown how for the period from November 30 to December 28, Bitcon increased by 106% and it was at the great overheating of all indicators, which tells us about a possible repetition of this movement! If the futures of July 2 opened for a short position, we will see a price of $ 1700-2300 that we will get a lot of inexperienced traders out of trading!
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LTC/USD Find supportNow it is very likely that the price will touch 36.8-36.5, which will complete the movement in the green channel 0.5! after that, if there are no big stops, there will be a rebound, a lower probability is lower, since LTC is now far behind in terms of trading volumes!
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BTC/USD blow to holdersIn spite of the fact that many were talking about growth, we stood our ground and talked about updating the bottom, no one unexpectedly unexpectedly happened that it happened, but this is a world of cryptocurrencies, and we have seen it more than once! Always use stop loss! Now we are expecting a small flat, accompanied by a possible decline, after which a not less rapid leap up
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