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BITCOIN WILL BE IN UPTREND FOR NEXT TWO YEARS- FRACTAL AND EWbitcoin will remain bullish for long term IF it can hold 4800 BUllISH scenario -according to Elliot it can be 5 wave impulse and 5th must be completed -according to fractals we will have at least 3 years uptrend stop lose= close weakly below 4800 targets: end of 2020: 20000 end of 2021: above 100000 Bearish scenario(low possibility) it can be a big ABC wave and it is in wave 2 this scenario will be confirmed if it go to below 4k and we will NOT see 20k Do not forget stop lose in any trade. it can save you... LIKE and comment if this analysis was useful for you thank you
BITSTAMP:BTCUSD
by sobhan.ashkezari
1
USDCAD: Retest of Support May Indicate Further RiseHi Traders, On November 28th, price was showing a contracting triangle and making the case for a long setup. The triangle has now been invalidated and price is forming a regular flat. We may still have a long setup if price retests support at 1.3255, thereby completing the regular flat. I have indicated clear buy and sell zones. All the best, Wave Theorist _____________________________________________________________________________________________________________________ If you like my analysis, kindly follow me on: Instagram - www.instagram.com
Long
by UnknownUnicorn5158708
Bitcoin important weekly closeHello everybody! I am back from vacation and decided to share my thoughts on BTC/USD pair. (*Going to do more on other pairs too.*) Bitcoin needs to close above 11490$ on weekly to get a chance for 16000$. If we close below, which I believe is not likely - more consolidation and decision time might extend for at least couple more weeks. Only weekly close below 10700$ would invalidate this wave count and btc would likely head straight to 7-8k zone. I studied BTC price action for years and what I noticed that wave 2 or in this case wave (II) has deep correction. As you can see, wave 2 retraced 0.786 before 3rd wave kicked in. This move is very impulsive and this time 0.786 should not be touched. Fib 0.618 should act as support on weekly (volatility might get us lower to catch more bears and panic sellers). Stoping at 1.236 with decent volume and big spike would offer good spot to short or at least sell and wait for better price to re-enter. I will be waiting for 0.618 to finish II wave. After that - party will really start. ****In long term I am very bullish eyeing anywhere from 110k - to my original target of 350k. All depends on how aggressive and steep is price action. ** This idea is NOT A FINANCIAL ADVISE. BITSTAMP:BTCUSD
BITSTAMP:BTCUSDLong
by Patrikas10
2
EUR/CAD: Day-Swingtrade-Opportunity!#Hey tradomaniacs, welcome to another free signal! Important: Wait for the Breakout and sell with a Sell-Limit! ----------------------------- Type: Swingtrade Sell-Limit: 1.50203 Stop-Loss: 1.50438 Target 1: 1.4990 Target 2: 1.49643 Point of risk-reduction: 1.50 ----------------------------- LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Short
by Trading2ez
DAX: OUTLOOK and LONG-TERM toughts!#FundamentalsHey tradomaniacs, welcome to another OUTLOOK for DAX! This time we look at time-cycles and the very big picture! We are currently in a very crucial situation as you all probably know looking at the finanical policy of the central banks whose lowered the interest rates in order to flood the market with liquidity since the financial crisis in 2008. They were trying to rescue the economy and trusted in investments and more consume. IT WORKED! Perfectly.. but what are the consequences? It looks like they were shifting the problem. 11 years later in 2019 we slowly seem to feel the consequences. Fundamentals: 1. FED began to increase the interest rate too early. Economy not as stable as expected! The current interest rate is at the "neutral point" and does not support or damage the economy. 2. Cool down is noticeable but still "ignored " by the market! Important data such as PMI, CPI and so on are showing worse and worse results. First real reaction was last friday after GERMANYS PMI with the worst result since 2012! 3. Market sees the tradewar as "guiltier". Still hoping a deal between USA and CHINA would safe the markets and push the economy! 4. Yield-Curves about to invert! If low-term-credits are more expensive than long-term-credits banks won`t have any reasons for lending! They would make no profit with this business anymore. This would cause less liquidity! 5. Bonds going up! Safe haven? There are way more fundamentals but I think these points will be enough to show you the circumstances.. Technical Aspects: The current time-lime is showing the center of the current cycle almost reaching its peak. Since then we were not really able to continue the journey upwards and Wave 5 seems to be complete. Comparing the current impulse-phase with the previous ones we see that there is not a noteworthy continuation of the rally. Wave 5 is almost @ the peak of Wave 5 and the distance has never been that low before. We`ve reached the 161% Fib-extension-level and it looks like the previous attempt to continue was where the market safed the profit! Looking at the different Sin-Waves you`ll notice that the previous cycle has been bullish. Though that fact the price did not really climb compared to the previous cycles showing weakness of the bulls. The next cycle, starting @ August is a complete confirmed Bear-Cycle and could cause a huge sell-off if circumstance don`t change! Every crisis has been confirmed by a breakout through the trendline and a MAC-D with bearish signals! The RSI is also showing a divergence and is almost oversold. However.. what do you think will happen? =) --------------------------------------------------------- Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
XETR:DAXShort
by Trading2ez
1
XRP/USD - Is it worth risking?Ripple/USD Hello Guys, this is my technical analysis of ripple/usd using only Elliot Waves theories, though not so advance, but I hope it can give you some inspiration and maybe a bit fortune. As you can see, I assume 14 Aug '18 is the lowest price at .24646 then we can start count wave 1 as an impulse wave ending at 0.80000 usd. Next comes the correction wave 2 consisting three waves of a-b-c, the wave c ends at 0.27751 on 15 Dec '18 forming complete zigzag pattern. So this will conclude that we are in the formation of wave 3, next we'll try to focus on the components of wave 3. Dissecting wave 3, there will be wave i-ii-iii-iv-v. Wave i is already done and now we are in the middle of completing wave ii. So is it worth risking? I myself would say yes for long position, because knowing it will continue in wave iii, basically give us an information that the chart is preparing to continue the upward movement no matter how long the preparation is, I may also say that the position now have good risk-reward ratio, let say risk at .24646 and reward at .8000 is pretty low risk. The fib numbers is also there to help the prediction price, as you can see, now the chart coincides the range 0.236 ratio, this can be a good sign of reversal. So it is pretty safe for longer term i guess. That's pretty much all of my idea, feel free to response, critic, and correct. Thank you very much, cheeeerssss!!
KRAKEN:XRPUSD
by danuto17