Today is a good volatility day for GbpUsd. I am waiting to reach my area for interest and sell-off. Yes, I am still bearish on GbpUsd, until these lows will be swept. Then flipping my bias.
I am shorting GbpUsd here and also outlined targets which you can take if ou idea will be successful.
As long as Bitcoin stays above the range high, you can long it up to $9600 (3,5RR). If Rane high will not hold, then I will look for $9000 for next long (5RR)
I would like to see one quick leg up before some pullback in both $BTC and $ETH I have also outlined for you what to do if our long will be stopped out. You can mitigate losses by short it once range high will not act as support anymore.
Price found support at key s/r level, range low, tested, trapped late shorters, and rally into EQ. It is very possible during today's FOMC, that EQ will not act as a resistance and there will be a breakout. Then price should re-test its breakout at EQ, find there support and rally into Range high.
I have outlined for your range which you should follow the following days in Bitcoin. I do not expect another leg up so easily because of premium funding on Bitmex and also overbought RSI. I would rather see some choppy environment in the range. Treat the range for different strategies short / longs as I have outlined.
According to our analysis published on Jan 13, we have expected the top of the Gold. Gold has reached the top. Now adding into my swing short here. You can find the full analysis here:
Due to DXY LTF bullishness, I see the last leg down in EurUsd before it will find down there a bottom! - Under the key s/r level - took liquidity yesterday, run liquidity on equal lows - Take off / take profit where my "eye" is placed and rest open
I am expecting the price to find resistance here into our short, if not, I will short higher prior to FOMC news today Expecting run on liquidity below 1.29700
- Broke MSB LTF - Q1 2020 Bearish - Expecting more downside move - price is below Key S/R level
I am HTF Bearish on NZDUD. For me, this currency goes through distribution these and following days. I will look for shorts now, if I will be stopped out, then I will short higher. The target for this swing short will be 0.63500 level, also known as a draw on liquidity "an eye". - HTF Distribution during Q1 2020 - HTF Market Structure Break - Key S/R level...
Price should now sweep our SLs or be rejected right here. Targets: $7950 / $7800 / $7600 / $7000
As we have outlined first tren reversal in Bitcoin Cash here on Tradingview and made on this more than +40% already - our first target was fully reached. It's a good time to take profits here. I am still expecting to reach the second target ($260) immediately or with a little pullback to our new Key Support level ($220), where you can add into your long....
Price found support at $7900 and has started its expansion. I have expected this move as I have outlined in several analyses here during the last two weeks. I am expecting to reach the first trouble area at $7900-8300 where you should take all your profits and get ready for another confirmation. Our area of interest $8000 is also confluence with market gap +...
Today I have analyzed altcoins which can give us some small relief but at the same time have the highest probabilities of delivering the outcome of what we want to see. I have chosen the Enjin Coin $ENJ - Crossing on daily 100,150,200 DMAs - Daily above previous VWAPs close from Aug-Dec 19' - Retraced the previous rally down to 79% and found support on 62% of the...
When you look at the price action in $BAT has started a rally in Dec 2017 and followed by the "accumulation period" from April 2018 to January 2019. Accumulation was followed by an expansion to clear equal highs followed by a reversal in April 2019. We had some distribution period well known as a downtrend. Question is here: Is BAT bottom in? Retested weekly...
Mana looks very strong in 2020 and going to play it as a swing play. - Recent breakout has been successfully re-tested and price should hit 600 sats in Q1 2020. - Price also crossing 100, 200 DMAs for the first time since the long downtrend. As you can see, the price has been consolidating from August - December 2018. Right now there should be a distribution...
Last 132 days before Bitcoin Block Reward Halving and what levels we should watch for our swing longs? As we know from the latest halving in Litecoin price has grown tremendously before its halving. Bitcoin as a major currency should follow the same path. There are three main areas where to look for: 1) Firstly, weekly resistance at $7880 which holds pretty...