Opportunity in Cardano: Buy more cheap!!!At the moment, Cardano price it's around the $1 dollar exactly, the price could to down below of $1 dollar. the price could to leading to $0.75 cents approximately before to continue up, that it's the level of 0.618% of Fibonacci that form this support very important for us. Guys, if you don't buy Cardano, this could be the last opportunity to buy for below of $1 dollar, Becuase later that Cardano touch the $0.75 cents, Cardano it's go back above of $1 dollar and then, go like a skyrocket to $2 dollar
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We can to say that Cardano break out this monthly timeframe that I don't see. MAYBE, Cardano need to make a pull back approximately at $0.75 cents to then, continue up.
I do not going to trade Cardano until reach the $0.75 cents or show any different movement that I do not hope. But, I will going to still away of this par at the moment to be enfocous in others.
Trendanalysisexplaine
Cardano could to form a potential ascendent triangleAt the moment, looking in this timeframe, Cardano it's still consolidate and we could to have a formation o this bullish ascendent triangle in formation. As we have a bullish rising wedge, my other confluence it's that Cardano make support above of $1.20 USD and then, we can to continue up if the support of $1.20 USD it's validated, now as we are in the $1.1840 USD approximately, Cardano could to show us any possible rejection in this support, countdown the past candlestick, we have in this series of indecicion candlestick pattern and we can to make the intererence that Cardano make any support, but as we are in the important and critical zone that Cardano need to make any decision. If Cardano up, we're okay and then, we can to valided this bullish rising wedge to continue up and invalided this ascendent triangle, but in otherhand, i Cardano down, well, our next support it's this trend line, and it's very important for me, becuase this point could to make an exactly formation of this bullish ascendent triangle. That will be my plan, but the only that I still my break even in my price entry that was around of $1.13 USD.
One thing that I want to mentioned here it's that we can to have forecas that Cardano easily go to $3.30 USD into this bullish chartist pattern, that it's a good signal. As I say you, if this bullish rising wedge it's valid, we can to see however a next forecast of $3.30 USD.
And finally, I like this chart,today in less of 24 hours, we closed up this candlestick o 3 Daily chart and depend o it, we can to know the result today. It's very important, becuase I'm long in Cardano to $2 dollar, but in any case, I can to update my target profit to $3.30 USD, that it's amazing target toward the medium term to keep my Cardano trade contracts.
Guys, i you like this idea and if you found out good content, I invite you to share this analysis with others traders, people and Cardano enthusiastic and holders.
Long Position: Silver show us a good bought toward the $26 oz. Today, it's my first time that I analyze one of my commoditie appreciate and it's Silver. Waoh, I'm make this analysis becuase I'm interesting in the future bought and accumulate Silver .
So, in H4 timeframe Silver is steady today!!! So, that put that this asssets it's goes to the $26.26 USD (that is my own target profit).
Now, we see that Silver is into this bullish channel into this bearish channel. And that put in reason that in weekly or Daily timeframe is that Silver is into the re-accumulation zone.
Look in Daily!!!
I put my buy order limit at $24.50 with the SL at $23.70 USD and my own target profit wil be $26.20 USD
So, guys, if you like this analysis about the Silver, I'm interesting to make a weekly for the medium and long-term on Silver future. If you like this technical analysis, please give me a like, share this idea with your friends and traders and good luck on this position!!!
Fundamental and Analysis: Restrictions in the UK labour market In this analysis, we are shorting Sterling Pound with a great opportunity of 240 pips.
In H4 timeframe we see a bearish riisng wedge of continuation of the bearish trend, as in Daily in medium and long term tha thing is not goos on all.
But, right now, in H1 timeframe we hope a short entry at $1.2970 USD, that is my exact price what I hope to entry with confirmations!!
Also guys, if you want to read the fundamental keys, I suggested to check out the Euro/ Sterling Pound fundamentals key updates
Also guys, I want to created a special session forr this par GBP/USD to know the key fundamentals in weekly and monthly to know the trayectory and where Sterling Pound is leading it.
Euro make gains as U.S. Dollar is weakness for Trump covid-19!!!In this analysis, Euro make gains as U.S. Dollar is in sell-off from the bad speculate news that appear in the past week on Saturday that Donald Trump tested positive for the covid-19.
Right now, the Euro is formed a bearsish channel, now, investor are waiting the Donald results for the covid-19 and the market are anxious to know it healthly´s data.
We formed an ascendenttriangle that is an accumulation pattern that investor are interesting to continue buoy Euro.
Fundamental Keys:
1. Dollar treads water as markets await news on Trump's health.
2. The dollar held tight range agains its peers on Monday as investors its peers on Monday and awaiting with clarity on the healdth of the president after he tested positive for the coronavirus, sending markets into safe-haven assets.
3. Dollar down, investors seek updates on Trump's health
4. Dollar weaknes as risk sentiment rieses with Trump's recovery
So, in general, we could see this week a sell-off, in any cases, Euro could to continue up if we have a retreat on the Trump's health results or the covid-19.
Good luck in this trade and we're long to buy Euro!!!