Anaylsis
AUDUSD - LONG AUDUSD will be finishing it's sequence before turning over to the upside. Hopefully it'll come down in between 0.68090 and 0.67913 if it does then hopefully we will be looking forward to a new direction . It has been some resistances area as well. With the weekly (Blue box) has been showing some resistances as well. Went from holding wonderful support to resistances. The small (blue box) is were structure was being held before busting out impulsively with (2)bearish candles. On the daily (red box) have some resistances hold nicely. Price came and hit 3 times to the top, respecting the resistance area failing to break through and, looking for that to break soon as well. Hopefully price will break this week. and as you can see on the 4hr, (Green box) were price had resistance but broke to the upside with some impulsive bull candles to the upside and now turning over into a retracement. But right now we don't know. AUDUSD have been pretty slow with the momentum. Let's see how this plays out.
Bitcoin Price Prediction and Analysis with xRHello,
I'm xR, with Biollp, and welcome to our block. We invite you to tune in as we tour through some of the nostalgic nuances of the past Bitcoin chronicle. Let us dive into the current occlusive conditions of the market.
News publishers continue to trek on about Bitcoin's bullish behavior, and it's evident a break out is on the way. Electrifying headlines captivate millions of users adhered to the pulsing lights from their LED monitors. Pings chiming click baits of market penetration, saturation, and expected growth in our booming market space streaming right from the blackened index pages of tactful market makers. It's July Twenty-Fifth, of Twenty-Seventeen, and I download my first bits of Bitcoin. The money is flooding in, it keeps coming in, and the market cap soars through all expectations. Thus, Bitcoin showed exceptional promises for a brave and bright new future.
Its March of Twenty Nineteen and Bitcoin begins to unleash havoc, like a bull, racing from it's lower price margins and blasting through all resistances with ease. The news publishers ramble on about its irate behavior and it's evident a break out is clearly on its way, surely? Perhaps the media might pose as a threat to the stability of the market space this time. Blackened Search Engine Optimization can be quite disillusioning, at least, until it isn't. Twenty-seventeen bruised many investors, miners, and community members, many of whom carry painful recollections from their experiences. The deceptive watery river of false promises touted from friends, family, and media outlets may have contributed to its distasteful flavoring. Wealth generation happens over-time, it begs the question, is this financial instrument durable as a storage of wealth? These questions are answered based upon data acquirement over decades, not weeks, days, hours, or seconds.
After browsing through the years of outlandish archives; a lacuna appeared before us, do we dare to imagine the plausibility of a One-hundred Thousand Dollar Bitcoin? An eerie sensation seeps into the tandems of my neck, just exactly who and, why is this narrative being published, let us begin to draw and check the technical analysis. Bitcoin's one-month trade chart vanities the momentous kinetic strength that is built over several years before twenty seventeen and notably without a significant pullback. We can attribute this occurrence to how market space development took place. Consequently, early adopters who spent years unrewarded suddenly became key-keepers to cash-filled hands of investors desperate to grasp their golden ticket to projected financial freedoms. Momentum wouldn't shutter until late September of Twenty Seventeen where we see a forty percent pullback formulating our Bullish Kangaroo Tail.
Perhaps there are indications of a retracement we can observe in the breakout of Twenty Seventeen. Previously the Eight-Day Moving Average carried support for Bitcoin's rapid uptrend exceptionally well. Continue to follow this trend line until the Twenty-Day Moving High makes a Bearish Cross with the Eight-Day Moving Average. Bitcoin's price breaks it's support line and falls beneath and away from its supportive trend line on the twelfth of February. Inspecting the MACD indicates momentum declined after the peak was reached in December of Twenty-Seventeen and consequently as did the price. While purchasing pressure decline is not a reliable indication for bearish behaviors, this circumstance displays it's potential to forecast price instability. Bitcoin purchasing pressure severely declined rather than slowly tapering down like we would prefer to see. Using the RSI indicator will spotlight our third observation in this analysis. Have a slight dab of Bitcoins relative strength, can you bounce with me one time? We offer a savory dead cat in several flavors, our most popular is raw. This trifecta left all those unaware of it's unfolding scraping at the knees for more yard stomping.
Heavy sell pressure continued throughout the year with the Eight-Day Moving Average acting as a steady soft barrier of resistance. The Thirty Day Moving Average reinforces this resistance as the year continues downward. Towards the ending of Twenty-Eighteen, we reached the all-time-low of the year at three thousand, one hundred dollars - two thousand, nine hundred dollars. This low point is the pivotal moment that is the basis for our perspective of this analysis. Not only does this form another Bullish Kangaroo tail but it also creates a secondary point of support. Let's take a look at what happens next.
Bitcoin's support is held and pushes outward to the side. The Eight-Day Moving Average trend line that indicates the previous downtrend clutches beneath price actions. This trend line immediately begins to follow it's previous trend and becomes an established line of support for Bitcoin yet again. The trend line then leads us into a bullish cross with our Thirty Day Moving Average at five thousand dollars price per Bitcoin. There were clear indications this would occur during the four thousand dollar price range. This momentous energetic output from Bitcoin's previous bull run is reflected in what we feel, resonate with, and desire. Is this enough to repeat and supersede history?
We continue to see the Eight Day Moving Average hold a steady line of support throughout the trend. This synchronicity unleashes an explosive and rapid price increase. Then suddenly Bitcoin pulls back thirty-four percent. Does anything seem familiar to you? There are a few indicators that might jump out at you. Perhaps the Twenty Day Moving High emerging into a bearish cross with the Eight Day Moving Average? A descending purchase pressure over the MACD leads to downward sell pressure. Lastly, the trifecta returns with a dead cat bounce, but will investors be fooled yet again? Fool me once, shame on you. Fool me twice, shame on me.
I humbly request investors take consideration of the politely drawn indications from this year's bullish uptrend and appreciate the nostalgic nuances to Twenty Seventeen's bullish uptrend. The various technical indicators, trends, and patterns of the past lead me to at a minimal consider the plausibility of revisiting the line of support. The continuation of this trend could initiate a break beneath the neckline. Typically breaks beneath the trending line of support are equal or greater than the wick atop of the peak. This would be a minimal breach of Two Thousand, Six Hundred points beneath the neckline or line of support.
We can project a course of intersection from the topside of our descending channel by use of moving averages and the bottom side of our lines of support. We can see the descending wedge by viewing the Moving Average Trending Channel. Breaching the neckline would bring us into the Lower Level Support Zone. There are further events we project feasible in the continuation of this trend. We'll save those ideas for another Bitcoin Price Prediction and Analysis with xR. Thank you for tuning in with Blockchain Investment Opportunities. We value your time, may your time be fruitful, invest wisely fellow block.
Possible USD/CHF Position!!SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe - 1-3 Days
Actions on -
A – Activating Event
Market will meet resistance in zone @ 0.9925 - .... and fall to the 0.9800 . In order to enter, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market move towards the first Target 1 level @ 0.98
FX:USD/CHF
Trade Management
Entered @ .....
Stop Loss @ .....
Target 1 @ 0.9800
Target 2 @ ....
R isk/Reward @ 3.5.1
Happy trading :)
Follow your Trading plan, remain disciplined and keep learning !!
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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Possible ARM ASX Long Position!! SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe - 1 - 3 weeks
Actions on -
A – Activating Event
Market will find support in zone @ Current Levels - .... and move to the 0.025 . In order to enter, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market will move towards the first Target 1 level @ 0.025
ASX:ARM
Trade Management
Entered @ .....
Stop Loss @ .....
Target 1 @ 0.025
Target 2 @ ....
Risk/Reward @ 2.1
Happy trading :)
Follow your Trading plan, remain disciplined and keep learning !!
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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Upside Movement approaching on GBP/USD by ThinkingAntsOk4H CHART EXPLANATION:
Price is on a bearish trend since March '19. It seems that this trend is finishing, since price started moving in a range with some indicators showing bearish weakness. Regardless the GBP vision, our technical analysis on USD pairs are also showing weakness on the Dollar, so this vision is supporting the long on GBP/USD. We will wait for confirmations to take long positions, such as the break of the imminent resistance zone.
MULTI TIMEFRAME ANALYSIS:
-Daily Vision:
-Weekly Vision:
GOLD SELL IDEA - RED PHONE IS CALLING If you saw my earlier post, you saw that I noted the daily candle touching the resistance and wicking, it did come down and has been tap dancing around 1281 with a found support, LOOKS LIKE it just might break it and continue moving downward..Heres what Im looking for. KEEP AN EYE FOR THIS BREAKOUT, EITHER GOING DOWN MASSIVELY OR GOING UP . FOLLOW THE MARKET, NOT YOUR EMOTIONS
Please don't trade with emotion and don't take this as a SIGNAL.This is what I'm currently seeing and I AM in a short, was in from the TOP .
Happy Trading !
USDCHF Possible Long Opportunity!!! USDCHF looks like its pulling back,bulls tried turning diagonal resistance into support but with the daily closing inside it looks like they have failed.
Do not feel comfortable shorting, reason being strong key resistance turned support just below (Nov/March high) and 0.382.
Bulls did not set much support on the way up so losing the 1.01250 level could cause a quick flush down towards the diagonal support.
Diagonal support will more than likely match up with 0.5 0.618 fib levels, 50 100 EMAs depending on how we get there, we will have wait and see how all this plays out.
AUDUSD MarkUpThis is my AUDUSD markup that I'll follow 'til 5.10.19. Levels are color coded so there's no confusion since I utilize multiple time frames. I react to levels, so I patiently wait to see certain things take place in the market. *DISCLAIMER* THESE ARE JUST MY HUMBLE OPINIONS, NOT TRADING ADVICE.
usdcad weekend analysis the USD has gained momentum from the past months forced into a wedge and a potential long position is possible. if you have been holding i suggest you continue holding. previously the market created a bullish flag which failed or rather had a false breakout. nevertheless it might be possible that the market would be bullish.
Theta LONG -- BIG PUMP coming soon$Theta has leveled off and slowed seller volume around .786 fib level.
We are seeing a potential cup form over the last 4 weeks which gives weight of a strong formation. Current forming a pennant off the bottomed .786 level. If pennant breaks then we could sell at .27 for easy profit. If pennant breaks then look to see bounce around .21.
Could see it test .21 sat (Current risk to reward ratio of 7% : 20% )
Sell order could be put in at .27 which is the 200 day moving average (We've seen Theta work off MAs and could be a potential pattern)
-This would give us the 20% reward
MACD shows us a strong up trend.
I have Theta as a long term hold. If it can come back to ATH of a month ago that's 123% profit long.
Weekly Frame gives us a spinning top close (good sign of reversal)
Possible NZD/CHF Short Position!!SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe - 1 - 2 days
Actions on -
A – Activating Event
Market will meet resistance in zone @0.681 - .... and fall to the 0.674. In order to enter, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market move towards the first Target 1 level @ 0.674
FX:NZDCHF
Trade Management
Entered @ .....
Stop Loss @ .....
Target 1 @ 0.674
Target 2 @ ....
Risk/Reward @ 3.1
Happy trading :)
Follow your Trading plan, remain disciplined and keep learning !!
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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
NZDJPY MarkUpThis is my NZDJPY markup that I'll follow 'til 4.05.19. Levels are color coded so there's no confusion since I utilize multiple time frames. I react to levels, so I patiently wait to see certain things take place in the market. *DISCLAIMER* THESE ARE JUST MY HUMBLE OPINIONS, NOT TRADING ADVICE.
EURAUD MarkUpThis is my EURAUD markup that I'll follow 'til 4.05.19. Some levels aren't considered "fresh" anymore. However, that doesn't mean that price wont be affected in some way, shape or form. Levels are color coded so there's no confusion since I utilize multiple time frames. I react to levels, so I patiently wait to see certain things take place in the market. *DISCLAIMER* THESE ARE JUST MY HUMBLE OPINIONS, NOT TRADING ADVICE.
Possible USD/CHF short position !!SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe - 1-3 days
Actions on -
A – Activating Event
Market will meet resistance in zone @0.9963 - .... and fall to the @0.992. In order to enter, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market move towards the first Target 1 level @ 0.992
FX:USDCHF
Trade Management
Entered @ .....
Stop Loss @ .....
Target 1 @ 0.992
Target 2 @ ....
Risk/Reward @ 2.1
Happy trading :)
Follow your Trading plan, remain disciplined and keep learning !!
Please Follow, Like,Comment & Follow
This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Possible CHF/JPY Short position!!SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe - 1-4 days
Actions on -
A – Activating Event
Market will meet resistance in zone @112.1 - .... and fall to the @110.00. In order to enter, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market move towards the first Target 1 level @ 110.00
FX:CHFJPY
Trade Management
Entered @ .....
Stop Loss @ .....
Target 1 @ 110.00
Target 2 @ ....
Risk/Reward @ 5.1
Happy trading :)
Follow your Trading plan, remain disciplined and keep learning !!
Please Follow, Like,Comment & Follow
This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Bitcoin Analysis v1.05 - 4hr Timeframe Rising Wedge ScenarioBitcoin on the 4hr timeframe shows a potential drop from a rising wedge formation.
Currently there are multiple moving averages supporting the move upwards, but eventually a drop from the falling wedge is likely as the $4,000-4,200 area has shown significant selling pressure. The most likely scenario right now is a pullback towards the $3,700 region to re-test as support, and from there we could either see some consolidation for another possible move upwards, or we'll see the bears take control and move the prices lower towards the $3,500 region, which has shown to be a major support level due to the incoming weekly 200MA as well as being the bottom of the possible ascending triangle pattern on the daily timeframe.
Short Term Statistics (Few Days):
- Price Moves to $3,700 (50% Chance)
- Price Moves to $3,500 (30% Chance)
- Price Moves Elsewhere (20% Chance)
Levels to watch:
- $3,700 (Target of the Rising Wedge)
- $3,700 (Area of 0.618 Fib Retracement)
- $3,500 (Bottom of Ascending Triangle)
Notes:
- Daily and Weekly timeframes show potentially bearish scenarios, which in turn could result in downwards price action on lower timeframes.
- Current strength of bulls do not appear strong enough to be able to break the upper resistances around $4,000-4,200
Possible USD/CHF Short position!!SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe - 1-2 days
Actions on -
A – Activating Event
Market will meet resistance in zone @1.01 - .... and fall to the @0.995. In order to enter, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market move towards the first Target 1 level @ 0.995
FX:USDCHF
Trade Management
Entered @ .....
Stop Loss @ .....
Target 1 @ 0.995
Target 2 @ ....
Risk/Reward @ 3.1
Happy trading :)
Follow your Trading plan, remain disciplined and keep learning !!
Please Follow, Like,Comment & Follow
This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Possible CAD/JPY Long Position!!SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe - 1 Day
Actions on -
A – Activating Event
Market consolidating above the 200 mva and has reached a condition of being oversold.If we see a break above the 83.00, a long position may be an option :)
B – Beliefs
Market move towards the first Target 1 level @ 83.900
FX:CADJPY
Trade Management
Entered @ Sign up for mentoring
Stop Loss @ Sign up for mentoring
Target 1 @ 83.900
Target 2 @ 0.
Risk/Reward @ 3.1
Happy trading :)
Follow your Trading plan, remain disciplined and keep learning !!
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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Possible USD/CHF Short Position!!SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe - 4-8 hours
Actions on -
A – Activating Event
Currency Pair creating a Double Top .
B – Beliefs
Market will find resistance at current level at @ 0.9955 level and move towards the first Target 1 level @ 0.9926
FX:USDCHF
Trade Management
Entered @ Sign up for details
Stop Loss @ Sign up for details
Target 1 @ 0.9926
Target 2 @ 0.
Risk/Reward @ 1.6
Happy trading :)
Follow your Trading plan, remain disciplined and keep learning !!
Please Follow, Like,Comment & Follow
Thank you for your support :)
This information is not a recommendation to buy or sell. It is to be used for educational purposes only!