Waveanalysiss
Bitcoin Wave 5 impulse to 37k+ support level!Bitcoin is completing the 5 wave downward impulse and is currently in process of the final 5th wave which is likely to test the Weekly Orderblock level at $37000-$37500; with the ~0.5 fib extension confluencing with the top of the orderblock at $37583 and the ~0.618 fib extension of waves 1-3 sitting at $36722 just below the orderblock. If we do get a standard 5th wave we can expect price to reach these levels where a possible counter trend correction can occur with upside relief.
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SPX500 lilely to FALL!Hey tradomaniacs,
previous breakout-zone got re-tested and market-depth is showing baosrption in form of iceberg-orders. Very strong aggressive buyers are getting absorbed by sell-limit-orders which are getting reloaded over and over again.
So far a good sign for a continuation to the downside as big players seem to distribute volume.
Also technically a great chance to go short!
What do you think?
EUR/CAD LongA nice low risk high reward trade of 1 200 pips. The EURO is expected to gain strenght after the shift in the monetory policy stance announced by the ECB. CAD hike expectations by the markets are over priced so we will se some unwinding. we expect the market to start the impulse upwards.
Shiba Inu | wave C's coming before buyingI can see another retracement to 0.0000174 as wave C, set buy limit at that price and hold up to 0.0001-0.0002 for shorterm, 0.0007 last shorterm target.
This is holding entries.
If you want to trade by margin, set SL: 0.000006.
Risk: 2% / 0.02 lot by every 1k.
I'm SHIB's holder, are you?
See you!
Bitcoin Weekly : Still High Probability To Test The 10K level.#Bitcoin_Update #Weekly
Each Bullish Engulfing candlesticks formations since the beginning of 2019 was followed by yearly highs. Still Bitcoin's market indications showing a possible upward trend continuation to the next strong resistance at $9800 and $10000 for the shorter term. Inbox us for more discussions and subscriptions.
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