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Trend-analysis

BTC/USD RSI & Trend AnalysisHi everyone. I see a couple of wedges on the 4 hourly chart as well as on the RSI. If BTC breaks above the trend line we're definitely going higher. I've taken profit around 39K and I'm now waiting to see which way we are going to go. If we break below I will re-enter near 27K-25K. This is also a Fibonacci area. Fundamentals are still in place. Large corporations and funds are still buying large numbers of BTC and the market is still driven by a lack of demand. The moment you consider the total amount of USD or EUR in circulation and compare it as such to BTC...
BITSTAMP:BTCUSD
by DaanDeR
Wedge breakdown - Where will the bitcoin price go? BTC/USDTWhere will the bitcoin price go? I open a new position #short, second short position (first 28900 - Big targets, big position.) Second - now sale from 29450 Target: 28750 - 28460 - 27855 - 26995 Stop loss at 2 positions: 30050 For those who do not want to invent anything and do not know where the price will go: You have 2 rectangles (red) The price going beyond these values ​​will show you the way. Only trading on volume, impulse breakout, and creaking above / below this level by 4h TF. Bitcoin price margin 2153 pips
Short
by UnknownUnicorn13204076
2
If UNI brakes Out Of Descending Triangle Hey guys welcome for a fresh crypto update -------------------------------------------------------- A request from all of you to please like and follow our Hard work to keep encouraging us, there's no fee for likes and followings :) -------------------------------------------------------- As you can see in this chart Uni can brake out of a descending channel towards the upside. A good trade opportunity. UNI looks good for a buying opportunity under 3.75$-3.72$ expecting another rally towards 5.1$-5.3$ zone, however 3.36$ will the best stop in case things goes wrong. There's Good RR 2 -------------------------------------------------------- Thanks for reading... -------------------------------------------------------- this is Husain Zabir, signing out Thankyou...
by Husain_Arkghazi
6
AUDCAD waiting for the sell setup to formHello everyone, if you like the idea, do not forget to support with a like and follow. on DAILY: AUDCAD is sitting around strong resistance in blue so we will be looking for sell setups on lower timeframes. on H1: AUDCAD formed a channel in red so we are waiting for a new swing to form around it to consider it our trigger swing. Trigger: Waiting for a momentum candle close below the gray area to sell. and until the sell is activated, this one would be overall bullish and can still dive inside the blue zone. As price approaches our lower green support, we will be looking for buy setups. Good luck!
Short
by TheSignalyst
15
OSP - where to from here?We look at ASX:OSP after a rapid mid-year rise and subsequent fall-off. After entering the downtrend in August, ASX:OSP hit a support of $0.022 before failing to break through 0.618 fib resistance. Subsequently the previous support of $0.022 turned into resistance. New 'Support 1' of $0.018 was found which ASX:OSP has looked to have bounced off at the start of November. Four-month downtrend will be tested again next week and will dictate how the remainder of 2020's trading plays out. Crucially, DMI+ crossed over the ADX in early November and this still remains (although close to the 25 level which is the rule of thumb for trend significance) In addition, standard Stoch is showing a movement away from oversold. Finally, the WVF is hinting at a movement away from market bottoms. An interesting stock to watch over the next week - a movement away from Support 1 is likely and even trading sideways would see the four-month downtrend broken.
O
by chartorscience