This is how i see USDCHF next move. It might go for an up move towards the resistance level shown before heading down
It shows a H&S pattern with a 4H candle fully closed below neck line. SL shows in red line and targets below.
Welp, whoever was trying to swing trade buy USDCHF over the last couple of weeks would probably has been stopped out multiple times now. While it might not look like a good plan to long it once more, the upside of this trade could be HUGE. And my SL is right below the previous swing low. It looks like a potential Gartely pattern. Lets see how the coming few...
This is not a long/short chat. More of my thoughts about the next expected move for Gold. For an uptrend confirmation, we need to break above the pivot point to become a strong support. Then price will test the upper line of the descending channel. If price managed to break above that will be a massive uptrend. If above is not done by price, we are still short biased.
That's how I expect USDCHF to move in the next week or two. It was heavily bearish but now might be the time for a corrective wave up. Good R:R trade to be taken.
This is how I see the next movement for NZDUSD. We are standing at a strong daily resistance level with a bearish divergence on the RSI and a formation of a double top pattern. You can set a sell order at the double top support level, where if broken you can target the 4H support. Ive sold at the top with SL above the double top pattern. Go short if it agrees...
Chart says it all pretty much. When ADA broke yearly support level it didn't free fall right away. It had a retest that has been rejected big time. Now i personally can't see a reason for you to knife catch it, unless you are looking at a bigger picture and you are starting to scale buy all the way down as a long term investment. I would swait for the demand...
Chart says it all. Every broken resistance leads to the following to be tested.
As you can see BINANCE:ADXBTC is maintaining a falling wedge. Im thinking a 5th wave is about to happen, which "shouldnt" break this strong resistance shown. If a breakout happens to this falling wedge we might see some good realistic profits between 10~40%. Best case scenario is hitting +20k which should be at least +140%. Buy 8050~8300 (average 8175) Sell...
EBST has made its 3rd impulsive wave and it wasn't that strong. It didnt even make a 1:1 extension. Now its gaining volume for the next 5th impulsive wave. Im expecting a target between 9k to 10k. Buy ranges and targets are on the chart. Dont forget to do your TA. Im not a financial advisor.
Eboost had a good run so far with some nice profits. I would suggest you exit your trade for now and wait for it to correct then start accumulate your buy orders between 0.5 to .61 fib. From there im expecting a strong impulsive 3rd wave to 8000 or 9000 levels. Ladder buys between 36-48 Targets: 6200 7500 8000 9500
Thats how i see Strat's behavior in the next days to come. The daily RSI indicates the coin is being oversold and along with a decreasing Volume, gives an idea that the coin will going for abit of correction at around +90k-110k satoshi levels. I would say buy range should be around 67-74k. Targets: 90k- 95k- 100k- 110k
Cardano the number 6 coin in marketcap hasn't got any big pumps lately and it has been in a correction wave for so long. It has a strong resistant between 2700 down the line to 2700. But it also might bounce of 3000, so you shouldn't be going all in from any entry point. Take parts starting from 3000 to 2500. If it didnt reach 2500 and started to bounce of at 2700...
So Strat/BTC has been on an uptrend for some time now, so we now might see 1 of two scenarios: 1- As it doesn't break the uptrend it we might see +100k levels where the main downtrend is to be tested. 2- If the uptrend is broken the it will go even lower to 60k~70k levels for point C to be formed then will be followed by a huge bounce to point D, during which...
This is just an analysis for SC and what might be the targets for the coming period of time.