OGN USD long. Price has rejected the previous trend line. I expect this to see $5 within the next few weeks.
Huge buy orders coming in on Binance. Once this pattern is broken we should see 0.00005, possibly further. I expect this to happen within the next 24 hours.
WIN USDT just needs to break out of this consolidation descending wedge, retest support and then it can moon. Volume is picking up and social media sentiment is high. I expect this to happen within the coming days. Current entry: 0.00125
Entry 0.26 TP 0.38 SL 0.24 46% Increase, 1/6 R:R I currently have a long position from 0.0125 so will be adding to this. I won't be using this suggested SL as am very bullish on DOGE and am not trading futures/margin. This may take a little longer to play out than initially suggested on the chart. GLTA!
Dogecoin has created a bullish pennant pattern on it's daily chart. Expect a break to the upside in the coming days, possibly over the weekend.
Regardless of previous posts and old bias's that I had from last year the price action in the US indices clearly shows that the bull market is back. We are incredibly overbought on nearly all time frames other than the daily which has a little more room to run. In any case make sure that when this does eventually pull back that you BTFD like it's 2017 all over again!
SNAP just beat on earnings and due to the high short interest this should be a huge short squeeze similar to what we have seen with GE recently. As with GE there is bullish RSI divergence on the daily chart. Add to this that the US economy is on fire in large part thanks to the PPT and let's let this winner run. Will initially take some profit at $10.30 as there...
Looks like a potential head and shoulders pattern forming on the hourly and 4 hour time frames. Wait for the confirmation which should become apparent in the next few bars. TP target = 0.65922
The US economy was relatively strong last week which was surprising as there was very little other than hope of a potential trade deal with China although tangibly nothing concrete came of this whilst the government shut down continued. I suspect this was just a week of consolidation for the index rather than a reversal as all the major financial news outlets will...
Hit short term resistance on the daily chart and was rejected. Wait for the candle to complete and for confirmation before entering the trade. Although also be prepared for this to drop very quickly when it does. With such a tight stop and a good risk/reward ratio it may be worth entering and using a hedge buy position as your stop loss as this downward trend is...
Another potential JPY swing trade. As discussed in my previous idea USD JPY was strongly rejected at the resistance line and has been making a move south since. Now is a good time to enter after the rejection at the resistance level and the seeming continuation candle that is currently forming. As with all JPY pairs be prepared for this to drop very quickly when...