Bitcoin has been lately testing the waters and Bitcoin made huge moves in downward direction that changed market sentiment from Bullish to bearish for Crypto. MAJORITY are expecting a Drop to 30k. And that is what doesn't happen very often. After what BTC did today, BTC has printed so many GREAT BULLISH SIGNS that i am pretty Confident that BTC has BOTTOMED OUT...
Bitcoin lately has been testing Patience of many traders and making holding longs way more fearful for many Traders. I would like to Represent "The CONTRARIAN VIEW" for BTC in this Analysis. --------------------- TWO BASIC GOLDEN MANTRA's in TRADING --------------------- Before starting anything, I would like to discuss Two Concepts in Trading that are like...
Stop Loss Hunting, a manipulative tool, that is used by Market Makers and Whales to manipulate market every day and to take away money from Retailers. This is a basic yet advance topic to discuss. For simplicity sake, Let's break down this discussion in five parts :- 1) What is Stop Loss Hunting ? 2) How does it work ? 3) Why does it work ? 4) Why they do it...
This post is about Analysing Bitcoin using Multiple Methods and discovering important levels to watch for Bitcoin. I will be reviewing and analysing both Bear and Bull side of Bitcoin. ---------- 1) Important Levels for Bitcoin ----------- 1. Using Support & Resistance :- As you can see 39-40k is First Key Zone to watch as Demand Zone for Bitcoin. 2. Using...
Reasons to be Bullish on Shibu :- 1) Making a Bull Flag :- 2) Inverse Head & Shoulder in Progress :- 3) Retesting Support Zone (SL & Target Price Levels Mentioned) :- Why this trade could fail :- If BTC dumped below, 45k then this trade will fail which i hope not. Therefore, i have mentioned where i am placing my own SL. Rest, I hope you guys...
Reason behind being bullish on MARA for short term is because of BTC being bullish for short term that you can check here :- PLEASE NOTE :- After that ABOVE Idea and Right now BTC is at 48.8k while posting this idea and BTC should stay Bullish in order for this IDEA for MARA to work. Furthermore, why mara is looking Bullish ? 1) Mara is at strong...
Reasons to be bullish for short term for BTC :- 1) As it has taken a hell of a BEATING and fallen from 69k to 40k AND now BTC seems to be CONSOLIDATING downwards and making falling wedge and while printing Bullish divergence :- 2) Furthermore, BTC on Higher Time frame seems to be making Head & Shoulder and Right now would make perfect sense that if BTC would...
In my previous idea, i did discuss about Short term Bullish price action from BTC :- After Publishing that idea :- flic.kr But now, Btc has reached a very decisive point and here is the reason why below :- On top of that we have Significant Bearish Divergence on 4H chart :- So that means BTC is BEARISH ? NOOOOOOOOOOOOOOO!!!!!!!!!!!...
Netflix, seems like, is about to retest its' previous resistance, that would be turning into major support area, and also 200 Day EMA as well. Also it seems like it would be continuing its' current Bullish move for near term future and should easily surpass it's ATH. But just in case if my analysis is wrong, i would be putting my SL at around $555. Because that...
Nio is making IMPULSIVE move in downward direction indicating of strong downward trend and is looking more than likely to break 30$ support and flush down to even Gap No. 1 then up until Major Support Nio can slide down. This is also coupled with how chinese stocks are being threatened and US Investors are losing their faith in some Chinese stock and even Alibaba...
This is a basic analysis based on recent support and resistance levels. Nio is making IMPULSIVE moves in downside direction and for short term it MIGHT bounce to whatever level it CAN but IF IT BOUNCED then highly likely it would be getting rejected from its Recent levels which is 34-35$. As I said in my previous long term analysis for Nio, I used different...
Idea is in the chart. Retesting and rejection from H&S Neckline. JPM Looking to test Support Area around 145-150.
Nio is at strong support zone. Nio might be boucning back to 34.7 as min TP and then 36/37$ for short term here. If Nio breaks yesterday's low then it would be better to close long positions as proability of Nio breaking support will increase. Thus a tight stop loss at around 29.5 would be better while taking such position. Trade safe, Enjoy.
This is a short term idea for DXY . Invalidation point is clearly given. Entry totally depends upon on your risk and position sizing. An educational idea about DXY revisiting its support zone . Hope it will help someone. Enjoy and Happy Trading and Trade Safely.
Before starting anything, let me be clear these all are my speculations and fun ideas and are for education purposes and these IDEAS can totally be WRONG and Market can do anything or whatever it wants. Btc right now is showing really good enormous Bullish strength and is closing down chapter of Bear Case for now at least. Reason to WHY BTC is looking so...
In chart, you can see 200 Day Ema has acted as pretty good dynamic support and dynamic resistance for BTC. BTC has fallen out of 200 Day Ema and is trying it's hard to get above 200 Day EMA. Problem is that it has been rejected twice now and even if it does go above 200 DAY EMA that downward resistance trendline would most likely provide good resistance unless...
This is just Overall Long term Gold Analysis. While looking at long term Gold Weekly chart, i stumbled upon this idea of that Gold might be doing what bitcoin did. What Bitcoin did in a few weeks ( very short time ), Gold could be doing the same but Gold would take longer time to print this pattern. Overall gold for short term is in a downtrend as you can see...
Gold Short term on 1Hour chart looking to retest local resistance zone. Educational Idea clearly mentioned in the chart. Enjoy. Trade Safely.