The_Cannalyst

The_Cannalyst

Is this a bottom? or will we kiss the former bo-level?

The_Cannalyst

Short as lon we are trading below the potential right shoulder....above that level, the chart turns more and more bullish again

The_Cannalyst

Short below todays lows could be interesting. This would be the low risk procyclical breakout-short. 1-2-3! For further infos: On the other hand the chance-risk ratio for a long (triple bottom) is also phantastic with a sl near below todays low. Trading above 920$ will brighten the chart temporarily. This could be the better long entry .. here my newest...

The_Cannalyst Updated 

RSI signs a longsignal

The_Cannalyst

Will we see the consolidation reaching till the 38,2 fibo at 1200$?

The_Cannalyst Updated 

Short Chance? The RSI signs a shortsignal in this tf. With a sl short above the last high, the short has a nice Chance-risk-Ratio imo Regards Mary

The_Cannalyst Updated 

Long >168,5 / 169.8 --> TP 169.8/172.7/176.5 Short below supportzone < 164,75--> TP 161,3/158,7 Happy New Year!

The_Cannalyst Updated 

Midterm view: We have seen a bigger upmove since 02.12 without any consolidation. That`s strong, but not "normal". We have reached a resistance Cluster between 11.660-11760, the BBs are touched at the upside an the rsi is in the overbought area since many days. I exspect a cyclical downmove These days. But one thing could destroy that shortszenario: A BO of the...

The_Cannalyst Updated 

Breaking the sshortterm-uptrend could be a nice cyclical shortchance. The BBs are stressed out, the RSI is diving down. The anticyclical short can be searched at the Level of the illustrated downtrendline at ~ ,735

The_Cannalyst Updated 

Which side will be trigegred? we will see.... The momentum is still bearish.....but could a Double Bottom be formed? The area between the illustrated trading marks seems to be neutral , just the edges are interesting for scalpers. Fixing the upper resistance with a sl a bit above that level or buying the bottom support edge with a sl near below the supportzone.......

The_Cannalyst Updated 

Dear followers - how would you trade this pair?

The_Cannalyst

Short/Midterm view: The "Trumpy" uptrend is still intact. We see the next bullish chartpattern - a bullish flag or classical 1-2-3 pattern! How to trade it? Feel free to have a look at: or Longterm view: We have reached THE central Pivot resistance Level @ ~ 250$! Above that Level, the sky is the Limit! But: The RSI signs a weak selling Signal....

The_Cannalyst Updated 

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The_Cannalyst Updated 

The trend is our friend again? Trading above the illustrated resistance could initiate the next up-wave

The_Cannalyst Updated 

We reached the 2 times tested support @ 117 again after losing the fight against the resistance at 117,9 (my so callesd risky long trigger). We fell back down into the conolidating downtrendchanel. Trading between 117-117,9 seems to be neutral -herein no action is needed. Interesting entry-niveaus are the edges of this level. Below 117 u should expsect a further...

The_Cannalyst Updated 

This Pair still has a very strong up-momentum...but... ...a little correction perhaps would be very healthy! We made a very big step from 101 up to 118,7- thats really tough for a currency! Have a look at the RSI, he signs a clear selling signal in the daily. We are trading near the upper BB. If we don`t break out to the upside with prices > 118,7, the chance-risk...

The_Cannalyst Updated 

My dear Followers, let me take this chance to wish you a Merry Christmas! I wish u happiness, love and peace out there! I am very glad to be a part of this community and to have the joy of sharing and learning from a wonderful group of phantastic peole! Thank u all for many good discussions, ideas and your confidence. Enjoy your life. cause life is too short...

The_Cannalyst Updated 

Trading above 780$ is bullish furthermore! Happy Holidays dear Followers! Former Analysis: BIG Picture Today: