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EURAUD ready to move?Medium to Long Term: EURAUD is currently trapped between two local demand and supply zones, making it a rather unattractive pair right now. However, EURAUD may simply be accumulating volume before a big move. The local demand zone may hold, sending price above the local supply zone and above the resistive trendline. A break and retest would be ideal for opening a long position. If the demand zone fails, another long opportunity may present itself at the strong support zone of 1.60700. Short Term: Bulls can look to enter a long position now, at the local demand zone, with a stop loss a few pips below the local demand zone. The first target would be the local supply zone and resistive trendline. Further targets can be placed based on a bullish break of the resistive trendline and local supply zone. Be sure to follow me for more ideas analyses. Feel free to share your thoughts in the comments below. Best of luck traders! *THIS IS NOT INVESTMENT ADVICE AND IS NOT IN ANY WAY INTENDED TO BE SUCH. IT IS MERELY MY VIEWS ON THE MARKET AND IS FOR EDUCATIONAL PURPOSES ONLY. ANY POSITIONS OPENED ARE AT YOUR OWN DISCRETION AND AT YOUR OWN RISK*
Long
by sharaafatm
#BTC Update [April, 20th]: Two scenarios for next move !#REVIEW BITCOIN Well, now we have two gaps, one below and one above 🤷‍♀️ I can see two possible scenarios here: 1. Bullish. Firstly we are closing the gap below, moving to $7000 - $7050 region. Next we are flying up, breaking the global resistance and closing the gap above. Main targets of the move are $7500 and $7700. 2. Bearish. Firstly we are touching $7300, closing the gap above and forming a double top and next wave should be bearish - down to $7k.
by Crypto2AF
Elrond-ERD Is Looking Ready For A Bull Run.BINANCE:ERDBTC is looking much healthy for a Bull run.Apart from the indicator we must notice that Binance has announced supporting ERD Staking. Indicators: RSI , Macd both are bullish . Market sentiment is also bullish. Falling Wedge Breakout is also completed (Just not forget to watch Price Movement as BTC moves) We are focusing on FIb levels. Consider them as your targets. Buy Between 17 and 19. Our First Target is 27 Sats. For Day Trade you can Consider selling between 21, 24. Happy Trading. Please Comment Your ideas and thoughts.
ELong
by CognitoBTC