Bitcoin TA 11/22/2019 After a sharp recent fall, I have finally decided to add to my bag of BTC. See my previous trade ideas on BTC as I was neutral during the sideways action. I've been stalking BTC for the past week waiting to strike because this $6,800 - $8,000 area is a great zone to buy in. If price holds, I expect momentum to start picking up from here...
LTC Technical Analysis 10/30/2019. Currently I am still neutral on Litecoin as I see it trading sideways between the $50 - $62.50 range. See my last LTC trade idea. Current chart looks a lot similar with last November. Both trading near the same levels and also currently failing to cross the 9 day MA and the 200 day EMA, just like last year. See highlighted...
E/U Short. Entry: 1.1000 Target: 1.0850 Stop: 1.1450 Great risk/reward here.
USJ/JPY Short 10/3/2019 I have entered a short position on UJ as price looks very bearish for the short term. Price broke and closed below the 107.00 level on the daily after not previously doing so since early September. Entry: 106.814 Stop: 107.50 Target: 105.750
USD/CAD 10/1/2019. This pair has been consolidating and moving slowly for quite some time now and has failed to break above 1.33000 after almost 2 weeks of attempts. Larger time frames are showing more bearish direction ahead, however there are multiple upward trend lines that we will run into if price continues to fall. On the daily chart, price has finally...
Silver long. Entry: 17.6 Stop: 17.15 Target 1: 18.00 Target 2: 18.50 R/R: 2.05
After a sharp sell off, Silver has finally found support near the 50% Fib retracement level. This support was met and held right as the ISM manufacturing data came out today. The data came in at the worst level since 2009, which created a quick bullish rally as this was bad news for the dollar. In my eyes, with global growth still showing signs of continued...
LTC/USD Technical analysis. First day of Q4. Price seems to have finally slowed down near the $55 range after a harsh move down in the last week of September. Looking for more confirmation before entering any more positions. Very neutral for the time being. However, I think if price breaks $60, we could test the $66-$72 range rather quickly, but if price breaks...
BTC looks to have found support around the $8,000 level and the 50 day MA. Still neutral for the time being.