FieryTrading

FieryTrading

For several months now, EUR/CHF is trying to reach the 1.09 area, without any luck. Every rejection of the area of strong resistance has led to a fall of more than 50 pips. My bet is that history will repeat itself next week. I'm eyeing Support 1 and Support 2, but feel free to do your own DD.

FieryTrading

CAD/JPY is following an bullish triangle for a few months now. Sadly, the 82 resistance level got rejected yet again. Since this pair is following the triangle firmly, this reversal makes me believe we're heading towards the lower trend line again. Be wary around the green marked area, since it's close to the previous low. Considering exiting a part of your...

FieryTrading

GBP/JPY is following the drawn wedge since the early days of 2020, reversing every time it hit either the upper or the lower trend line. Not only is the wedge holding strong, the 140 area is holding up as well: the price failed to close above 140 for the eighth (!) time now. Combine the above with the failing Brexit talks, and we have a recipe for disaster on...

FieryTrading

After a small slumber, COTI seems to be regaining value fast. Will we see a V-shaped recovery? Price action suggests that there's a lot of investing and volatility around this coin. With Crypto in the news all over the world, quick gainers like COTI will experience ample publicity, leading to even more gains and so on. Watch out around the marked resistance...

FieryTrading

After more than two days of parabolic growth, investors are taking some profits in the hope of jumping in again at a lower price. I'd see a 3%-8% correction on the horizon in the coming days and hours, marked at support 1 and support 2. After this small correction, expect Bitcoin to shoot up to $25k and beyond.

FieryTrading

About six weeks ago, I made the prediction that Litecoin would see the light again after staying dormant for years. Please check out my previous Litecoin idea to get a full picture. Early November LTC broke through a 2-year descending triangle, signaling a new uptrend paired with Bitcoin's trend. Today we reached $110. If the bullish sentiment in crypto-world...

FieryTrading

Since Gold's low Nov 30th, Gold has seen some strong growth. However, soon it will hit the upper resistance of the descending channel. Where too next? Gold will see another 1%-1.5% growth in the coming week. What will happen after depends totally on investor's risk appetite. Before entering a trade, I'd advise waiting for trend confirmation. I'll make another...

FieryTrading

AUD/CHF broke through the channel since it has been inside in since the corona recovery. Today, it finally broke out of it, launching itself upward. Today's price action is such volatile that it makes me believe we will see more of this bullish behaviour in the near future, the sky is the limit. Consider Resistance 1 and Resistance 2 as potential exits, but...

FieryTrading

Bitcoin broke $20.000 today! All made possible by the ongoing strong bullish sentiment surrounding Bitcoin and crypto in general. In my last post, I predicted that Bitcoin would complete the wedge and see some strong growth soon, even past $20k. So now arises the question, where too next? Since I don't see sentiment falling anytime soon, we have a lot of...

FieryTrading

With Bitcoin hitting (and surpassing) the 20k mark, most altcoins will follow Bitcoin with this sudden influx of bullish sentiment. For XLM/USDT I've spotted this great opportunity with little risk. Assuming XLM will follow BTC's path, we can soon see XLM reach Resistance 1 or maybe even Resistance 2!

FieryTrading

SUSHI/USDT has seen over 500% growth since early November, with room for more! Bullish sentiment is sky-high, it might even reach it starting value in the near future. Personally, $3.50 and $5 are my targets for the coming weeks. The real volatile period has yet to start. When that does, we might see a week of >100% returns. Trade smart!

FieryTrading

AUD/NZD broke out of the multi month downward channel. Since the pair didn't reverse this week, my idea is that this pair will keep performing in the coming weeks. Im targeting Resistance 1 and Resistance 2 as potential exits, feel free to do your own DD.

FieryTrading

GBP/USD is inside a perfect channel at the moment. Will it continue down? This trade might be a bit tricky with the Brexit talks going on at the moment, therefore use a tight stop-loss.

FieryTrading

Facebook is inside this wedge for several months already, soon it will break out of it. Before the break, I see FB contesting the $287.50 area again. What are your thoughts?

FieryTrading

After hitting a double top, XEM is falling fast. Take a look at Support 1 and Support 2 as potential exits.

FieryTrading

TRB/USDT has broken its wedge today. The break went with sufficient force and volume, which makes me believe we will see some more bullish action coming in the next few weeks. Im eyeing the last two highs which touched the upper trend line as potential exits, Resistance 1 and Resistance 2.

FieryTrading

GOLD has formed a bearish head and shoulders pattern over the last couple of weeks. Today, I think the pattern has completed. The two marked support lines are my targets, please do your own DD. Also check out my other Gold idea!

FieryTrading

BEL/USDT is continuously bouncing off the lower trend line. Yesterday, it bounced again, signaling a new upward trend. I'm looking at Resistance 1 to take some profits. If you're feeling confident, Resistance 2 might be more suited. In any case, do your own DD.