Break of 228 is a confirmed bullish move Retrace to blue line is a buy level Break of blue line = stop loss
BCHUSD another sweet bull pennant. Good time to go long on this one
XRP is mooning Probably because of the platform that they will release This chart may help you figure out where to buy and where to sell.. Take care of your risk management!
A little early for this one But the current pump and looking at the support / resistance level this looks like accumulation on a macro scale! Will put up an update once i get a more clear picture. Heavy resistance on the weekly at bottom of TR
I am building a short between $220 and $228 Dont follow me blindly! Im just sharing what i'm doing atm Reason for shorting is 228 is a strong resistance point. The relief rally seems to stop at this level BTC is looking weak
SUPPORT AND RESISTANCE AREA Current relief rally is testing 10/20 EMA BLUE BOX IS possible trading range.
ETH USD has broken an important level (BLACK LINE) If we close below this on the daily i think we have lots of downwards movement coming. 180 - 200 zone have been important levels in the past and im considering to put some LONG orders there.
BTC is showing strength but.. I expect some healthy pull back We are in a rising wedge, sometimes they break upwards and this could happen.. But we will bump into a macro downtrend line. SHORT TERM: Pull back after completing rising wedge pattern.
BTC just broke out of the trading range but, i rising wedge is forming and i expect we could see a pullback and test support. I wouldn't be suprised if that happens we find support and form a new ascending channel. Lots of speculation but i've been right alot lately. Also let me share my 1Fox link: 1fox.com Great platform to trade BTC and BCH
BTC - Accumulation on macro level looks good so far. Current rounding bottom is looking very strong Red lines are resistance points that i expect to be respected and stop a rally or give support once broken DO NOT TRADE UNLESS YOU AGREE WITH MY TA, I'M NOT AN EXPECT AND THIS IS NOT FINANCIAL ADVICE! MAKE SURE YOU HAVE GOOD RISK MANAGEMENT FOR A LONG TERM PROFIT!
EUR USD forming a decent head and shoulders.
Im still very bearish on EURUSD I expect a retest of the previous support area at most before we see continuation of the down trend.
BTC Trading range Rounded bottom -> upside potential
This is my most bullish scenario for btc
Still looks like redistribution to me. Volume on breaking the ICE was significant. Throwback or test of the ice from below is something that can be part of a redistribution trading range
BTC seems now to have found a small upwards channel. The trading range is where the price will probably range in between. The downwards line is a supply line SMI showing both bullish and bearish diverenge.. Possibly waiting for momentum to break important support levels
Things look really bearish on a macro scale. On the last breakout its now forming a clean pennant.. It could break upward forming a rising wedge or somekind.. Overal, im 95% bear and i dont expect us to go higher then 7500 from this point
BTC made a double TOP. Price target is at the bottom of the macro symm. triangle If you want to long.. Do it at the bottom of the triangle and set stop loss right under it.. If you still want to short.. rather do it on the test of the neckline of the double top.. Not sure yet if this micro trading range is accumulation or redistribution.