Bitcoin Bullish Channel Solid. Breakout to occur soon! Target 4kAs expected, our trendline held. We bounced:
Trendline continues to hold support. A good sign. Bullish pendant pattern forming. Also bullish.
Here's what I expect from Bitcoin according to our charts:
1) Break $2980 before Aug 1 and then come
back down and bounce off it and up after.
2) Bounce around in here for a few more days
before breaking up and out.
Either way, the 3-4 week target remains at the top of the GREEN channel.
Time to make some cash Bitcoin traders!
Targets
Bitcoin/Bitstamp. Your best price before another breakout -$3146Bitcoin is on a tear! These bulls don't want to rest. There will not be many more chances while we consolidate slightly here to hop on this train for a mad ride up to $4000 plus. However, if we do rest in the next couple days, look to buy at any price between now (currently $3446) down to $3146 and in the next 3-6 days. Consolidation won't last longer than this. If you can nab it at $3146, you've just entered long at a great price! In 3-4 weeks we'll be at $4000+. Hold tight y'all.
Happy trading.
Bitcoin Support LevelsBTC is on freefall and already broke the 2550 support. Testing now the 200MA support @2450, and then moving for the 2400. It's a fairly strong support considering the convergence of the ascending trendline that traces back to march 2017 + the ichimoko. Anything can happen in the next few candles. I'm holding on fiat until a new clear trend show up. Recent support levels are indicates and if BTC breaks 1850 support... God help us all...
That time of the month again, shorting goldHello folks,
been a while since i planned my gold trades and while some might be intuitive it's always better idea to plan carefully.
Since my last update some gold made another run for the 1290s, beginning of June, after somewhat steady May with a lot of bears actions keeping it from reaching 1280. The wave is over and we are reaching downwards, with a target ~1230 to load before rocketing to the 1300s in July and August. We did similar trade for May, but here it is again.
Overall the last trade went well, but the structure of the trades could be done better.I didn't trade gold during the British elections, but did close beautiful trade yesterday on the rate hike. However, I did miss 3 other trades by less that 0.50 cents and it was all downloads from there. Overall I made an lost, which brings me back here. Always plan your trades carefully. I'll try to find the time to share with you guys.
I'll probably publish another idea before that but that might be the short before the long. I'm considering adding physical too.
entry: 1267-1260
tp1: 1244-1245
tp2: 1233-1232
tp3(?): 1220-1218
Happy trading folks.
EDIT: end of the month target for ETHER (EURO)Following yesterday's minor dip (not considered as a dip since it was testing support (source: twitter.com )), I reviewed how ether reacted after major liftoffs (i.e.: 19th May / 9th of June, based on our general LT supports & resistance (in complete line trends) and averaging this month's trending supports and resistance (in green and red --- trends), I'm very confident we will pass the 400€ mark by the 1st of July. Along that, if we consider Ether's behavior after major liftoffs, we can also think about a 448€ target being completed (green pointy horizontal trend) by the end of the month. The yellow dot trend isn't really anything ro think about, it's basically following the present trend and showing the end of month result (still above 400€) averaged on that trend. So ETHEUR target by the 1st of July, would be between 400€ and 438€.
Carefull not to trust my analysis as an investment advice, this is speculation based on trends, there's a lot more that needs to be done to guarantee these results, as much as I am confident we will achieve them, we also need to volume.
If you thought this was interesting, feel free to like, comment and share! Still a beginner in this so constructive criticism is always welcome.
#Bitcoin - where's next #ToTheMoon stop?As Bitcoin is trading at the all-time-highs, it's necessary to make an assessment of the targets for the long position.
If we look back we can see that during the last rally BTCUSD made around 261% of the preceding correction:
Now, as BTCUSD almost passed 161% level and assuming that history will repeat itself, we could expect the next "big" stop on our #ToTheMoon journey around $1800 level.
AUDNZD Pending Sell OptionAUDNZD long term - we have a clear bearish trend.
Short-term correction phase near FIBO 50%
We might have a stall phase. placing an order to sell the break of fibo level.
Technical indicator RSI+MA turning around OB zone, Once RSI will pickup a bearish momentum which will confirm the projected movement for a new short position.
TG and SL on the chart!
EURUSD making Corrections for a Good SELL!!!!Hello guys... EURUSD is consolidating from last week and confusing many traders to Short/Long this Trade. I think Tomorrow or next Week EURUSD will fall. Please read the callout on the chart for this trade ensure to close a bearish candle below the Blue Zone for Confirm Short of EURUSD.
#TRADEATYOUROWNRISK
#HAPPYTRADING
Long Opportunity in USDCADHello Guys.. As you can see in this pair (US Dollar and Canadian Dollar- USDCAD) is bounce from the Below TL and trying to break the 61% Fibo Level.
There is a good Opportunity I see to long this pair IF ir breaks the 61% level and closes above the 61% level to theTarget next fibo level 78%.
#TRADEATYOUROWNRISK
#SAFETRADING