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Trednanalysis

EUR/CHF - Chart PatternAfter a long bull run from June we saw the start of a downtrend with shrinking volumes, now as we can see in the chart something more interesting is forming. It could be a wedge and we have some interesting characteristics like the volatility compression (ATR) and the volume shrinking (OBV). Let's wait the next days by watching if the volume expands with a breakout but this could be an interesting point to join the trend. Remember to avoid generally to enter on the breakout for avoid wipsaw, is always a good idea to enter when there's a retest or a rally because is a less emotional entry so more secure. In case of a downtrend continuation i can see the price going to the min objective at 1.052 which is a strong support zone already confirmed. The strategy is the same, split the position into half and handle the risk using the 1.5 ATR calculation for the correct pip value. Let me know what you think about it and have a nice trading!
Short
by SimoneGiannino
GBPJPY short trade ideaPlan: wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Short
by GWBFX
2
ETH must react, or else...Ok, ETH is still trapped inside a congestion , and in my previous analysis it was between the blue and black line. Today it exploded downwards, and it met its support at the thin red line and the dashed trendline. The dashed purple line may serve as a support here, but we need to see some reaction here, and quick. Right now it’s doing a clear bullish pattern, and day traders would like this, but if this thin red line is lost, the next support can be seen at the daily chart, let’s take a look: The black line around $ 191 is the next support, the good news is that it’s close now, but it can’t be lost, otherwise will seek the $ 177 again (red line). I don’t see a bear trend here, and any trade, long or short, would have a terrible risk/reward relationship, so ETH is not interesting to trade right now, and I’ll not even start to talk about the volume again. That’s why we need to see some reaction, and fast, because ETH has the potential to fly, but it must wake up first. I'll keep you updated, I post here every day, so remember to follow me , I’m a trader who uses the classic technical analysis (barely any indicator, just the candles and the volume). Like this idea if it helped. Thank you very much. * LIKE this idea and FOLLOW me, because: - Here, you will see clean charts; - Trades with clear risk management; - The best of Dow Theory, Price Action and Candlestick psychology; - Chart patterns with statistics. * * My name is Nathan, I'm a trader and portfolio manager and I'm here to LEARN. Leave your COMMENT and FOLLOW me to keep in touch. *
COINBASE:ETHUSD
by Nathan_The_Finance_Hydra
Bitcoins is going to dump to 7500 liquidity levelTOP DOWN ANALYSIS WEEKLY TIMEFRAME ----We see price formed a W formation indicating a double bottom formation which indicate a strong super bullish uptrend after we break the neckline around 13000 level. ----Price is above the EMA indicating a continuation to upside(uptrend) DAILY TIMEFRAME -----Price is consolidating between the upward channel ---- Also EMA crossover in daily timeframe and price are below the ema indicating we might have a slight retracement to downside to collect liquidity before move up ---key zone to watch for liquidity test is around 7500 level cause it was a point of control for accumulation phase ----Price has to break structure 8500 and go below the pick region for a continuation to downside --- estimate liquidity zone is around 7500 which come in confluence with 78.6 fib level H4 TIMEFRAME ----Price has formed double top and EMA crossover to dowside. so h4 timeframe and daily are coming together indicating a temporary dowside shift of momentum ----price is forming lower highs and lower lows H1 Timeframe ---- price is below the ema and we shall see a continuation to down side and key level to watch is the support level of the necklike of double top -- price as expected to retest the accumulation point of control before moving to upside DOnt leverage a lot in future trading or margin trading to avoid liqudation wait for confirmation before taking a trade and ema crossover from daily,h4 ,H1 TIMEFRAME before going long thanks you 18 hours ago Comment: i will do a detailed explanation video on btcusd. follow me to get notified and i will be dropping so much info. get ready
GEMINI:BTCUSDLong
by ShinForex1
2
Trade with the trendCryptohopper Newsletter Chart Bitcoin has retested the support at 8,500$ after having dropped more than 20% from this year’s high two weeks ago. The price is now moving higher and retesting the resistance at $9,000 Trade with the trend Bitcoin has some of the most spectacular swings out of all the assets in the world. It can rise hundreds of % in an uptrend and then fall more than 80% in a downtrend. As such it is important for traders trading on the smaller time frames to trade with these trends and not against them. Trading against the trend is one of the most common mistakes new traders make. For this week’s analysis, we will look at how we can identify a general trend and how we can trade with it. Let’s dive deeper into how you can trade the trends within the BTC/USD market! Identifying the trend First off, we must choose the timeframe in which we want to place our entries and exits; let’s take the 4h chart as an example. Then, we must look at an order of magnitude larger , Alexander Elder described an order of magnitude larger as a factor of 5 . In our example we can take the daily chart as our larger time frame. Then, we can use a trend-following indicator to identify the trend on the respective timeframe. The MESA is a good example of a trend following indicator. By using the MESA and only trending in the “green zone” we can ensure that we will always trade with the broader trend . Identifying the pull-backs A momentum indicator can work well in identifying the pull-backs on a smaller time frame. Let’s take Williams % as an example. This indicator can be used in identifying the oversold zones and timing your entries in the market . A trailing stop loss can then be used in order let your position run along with the general trend and not exit prematurely. You can find both the MESA and Williams % along with many more indicators in our strategy section; you can set them to any timeframe you desire!
BITSTAMP:BTCUSD
by cryptohopper
4
BTC: keep going down after a short increaseThe 2 main reasons for the sharp decline for bitcoin: 1, Capital party needs year-end liquidation by withdrawing funds. 2, The shorts will use this opportunity to suck the chips. At present, our operation strategy is: prepare bullets, wait until the panic is over, and decisively take over the mainstream currency, in which BTC should account for 50% of the funds, don't miss the opportunity. Affected by the supervision, the banker smashed the market, the market sentiment was bearish after the market plunged, and the market will go to $7,300-$7,200. However, the two lines were crossed on the stock RSI and DIF, DEA both are upward on MACD, based on these indicators we expect a bull trend in the short run. In the long run, there is no more good news for the mainstream cryptos and it will go down around $7,000 at the end of this year. If you would like to be a spot trader for the long side, please wait until FEB or MAR 2020. Rebound then short $7,600-$7,650 continue to short target 100-150 points stop loss $7,750 not recommend any buying option on the spot. follow to receive daily cryptos analysis
COINBASE:BTCUSDShort
by CryptosAZ
1