FieryTrading

FieryTrading

Since Bitcoin broke the 20k level, things have quiet down a bit. However, according to the chart Bitcoin is preparing for yet another bull run, targeting the upper trend line. According to the chart above, we still have some room towards 25k-26k. I'd be surprised if we actually break the upper trend line. If that would be the case, don't be surprised Bitcoin...

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AXS/USDT saw some amazing price action earlier this morning, bouncing sharply from the support line. With a lot of alts rising sharply, I think we will see a small rebound towards earlier highs in the coming week. My targets are Resistance 1 and Resistance 2, since I expect some selling pressure around there. Do your own DD.

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HNT/USDT reversed sharply from the support level earlier today. It seems that the price action is not about to stop anytime soon as well. Consider Resistance 1 and Resistance 2 as potential areas of reversal. Do your own DD.

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USD/CAD failed to pierce through the upper trend line of the channel. Last few hours the pair is falling sharply, marking a new path downward. I'm seeing this pair drop towards 1.27 and maybe even further, but 1.27 would be a safe bet. Do your own DD.

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As most of the crypto's, Ethereum has seen a strong decline in value in the last few days. In my opinion, the pair has bottomed and is preparing for a retest of previous resistances. Bitcoin is still way too bullish for the alts to continue falling. I'm eyeing the $640 area as a potential retest soon, we might even shoot towards the $665 area soon. Do your own DD.

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Silver has failed to close above the upper resistance and is falling quickly. The price passing the $26 mark is for me an indication that silver has started a new downtrend. Looking at the size of recent candles, we're not stopping anytime soon! I'm eyeing Support 1 and Support 2 as potential areas of high buying power, based at the recent lows. Do your own DD.

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GOLD has formed a beautiful upward sloping channel recently. At the moment, Gold is consolidating near the lower trend line of the channel, preparing for the next move. Before entering the trade, wait for gold to show confirmation of upward momentum, ideally on higher time frames.

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EUR/USD is starting to form a bullish triangle on the 4H chart. if bearish momentum in the stock markets will continue the coming days, we might see the pattern complete by the end of the year. Long-term I'm still very bullish on EUR/USD, so if this pattern manages to complete, I'm expecting a strong bullish move toward 1.24 and beyond.

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BNB/USDT is falling sharply after painting a double top yesterday. With the overall bearish momentum of the crypto markets, I'm seeing this pair dropping all the way to the $27.50 support. Do your own DD.

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BEL/USDT has seen some crazy growth over the last few weeks. Sadly, it seems this growth has come to a halt. Yesterday, the pair managed to break through the trend line, signaling a strong bearish movement. Consider Support 1 and Support 2 as potential areas of reversal. Do your own DD.

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BCH/USDT continues to fall after failing to close above the upper trend-line of the channel. With crypto seeing a small retracement all over the board, I'm seeing BCH drop even further towards the lower support line. Do your own DD.

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Today, XEM/USDT has once again touched the upward sloping trend line. Promptly, the pair reversed to continue its upward momentum. Consider Resistance 1 and Resistance 2 as potential exits. Do your own DD.

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This morning we saw a quick drop on this pair. With the positive corona news, I think we will shoot back up to the last high. Price action is decent, so we might even shoot towards 79.

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With lockdowns happening all over Europe and daily US cases at an all time high, the overbought stockmarkets sold off ealier today. Im eyeing Support 1 and Support 2 at 3600 and 3550 as potential strong supports. Do your own DD.

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NEO/USDT bounced off the support again a few days ago. This strong upside sloping support has formed since the corona crash in May. Since then, returns have been substantial for NEO. I'm marking previous highs at $21 and $25 as potential targets, feel free to do your own DD. With recent bullish influx into crypto, I think we will see a lot of fireworks with the NEO pairs.

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COMP/USDT has formed a bullish triangle since the December 17th high touched the resistance of the previous high. With recent bullish influx in the crypto markets, this makes me believe that COMP will touch the $177 area again.

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We've all seen the news that TSLA got added to the SP500, which initiated the most recent bull-run at November 16th. Currently, Tesla's price is above the channel resistance. Tesla is severely overbought at the moment, a quick sell-off is ever more likely at the moment. We've seen the same happen at the September 1st sell-off. Im eyeing the $560 support as...

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UNIU/USDT is showing some promising price action today. With the increase in crypto volume overall, I think this growth will hold on for a few days. The first resistance could be reached either later today or tomorrow, depending on whether we will see a small retracement or not. Resistance 2 is more risky, but could be reached early next week. Do your own DD.