Where will Fantom go next? Possibly up. But where would it stop?Given the fact that fantom has gained over 50X between Jan-Feb, I don't think it is going to cross its ATH anytime soon.
Based on my limited knowledge of TA I think it will touch $0.60 within the next 7-10 days. It might touch the ATH if it breaks the resistance on $0.60.
But as Fantom has always surprised us, anything could happen. It's just a speculation on which direction price would go next.
DISCLAIMER: This is not a trading advise. Don't risk your money based on this post. Do your own research.
I'm new to trading and TA so don't take my words seriously and please be respectful.
Mid-term
BTCUSDT Full Forecast
Bitcoin is still looking for bullish. It is supported by triangle breaks and bullish formations. So, it is so strong signal for buy for short term gainings. Also it is following base on up trend way and I don't think it is going to break down. And while Bitcoin is a fomo material, we will see strong buyers in short term.
I will share SL and TP zones in another only-short-term forecast.
As it is in the short-term, while above the trend, we will not see a bearish soon. Actually this price line, under the 61k is very good buy zone for mid-term traders. Keep following because nobody can know what will happen if it breaks below.
I'm one of thinkers Bitcoin will rise over $250k. If you are going to buy in spot, you can; always actually. But this is not a good spot for leveraged long term buyings. I would suggest you to buy and follow the trend so close, because above the trend, we can't go anymore lower.
Of course use a stop-loss in short and mid term transactions, because this is high volatility insturment and any news, as like banning cryptos in India, can make a strong push below the trend.
BTT/USDT mid and long term setupBTT/USDT pair is forming a cup and handle on the 1D timeframe.
The pattern has been formed after a strong bullish trend as evident by the nice support of EMA 20 along with RSI resistance at 50
The volume is declining in the handle which again is in favor of pattern
The pair is likely to trade in handle for sometime before breaking out upwards.
Enter long position post breakout during the handle resistance re-test
Ensure that volume is in an up-trend before buying
Gold back to the topOn the H4 time frame, there is a divergence between the upward movement of the candlestick and the downward movement of the Stochastic indicator. So it can be concluded that in the short to medium term Gold will rise.
Note: This is just an idea from me, please compare it with your own analysis before opening a position. Thank you.
EURGBP reversal towards the upward trendAs seen on the chart, there is a divergence between the candlestick on the H4 time frame with the Stochastic indicator, the candlestick is moving downwards while the Stochastic at a glance looks like it is going up.
Note: This is just an idea from me, please compare it with your own analysis before opening a position. Thank you.
Short GOLD in 1H ?Harmonic pattern on the way. The retracement CD will need to go above the B mark. Then, it will probably hit the yellow trendline at D (1835) . Take the trade when it is ABOVE the mid line red on the pitchfork . 200 and 100 EMA confirms that it will probably go short again. However, don't forget that it will go LONG in longterm.
What you guys think? Let me know in the comment.
good trade!
Gold continues to riseAfter Gold underwent a correction to touch the price range of 1810.42, and also because it was supported by important news, then from the movement until now I saw an “Expansion” almost formed after a few days of experiencing “Correction” first. This is in line with my previous analysis on the H4 time frame.
Note: This is just an idea from me, please compare it with your own analysis before opening a position. Thank you.
NEO 3D SUPER BULLISH!! [mid term hold] Shout out to Trip from cBc's group for originally charting this. I've been posting about NEO for a few weeks (so I don't feel bad about recharting it for those who missed it) the difference was that I only zoomed out as far as 12HR...
Looking at this 3 day macro TF... I mean, no wonder it's popping off right now.
It's a beautiful textbook reversal, and the fact that it's nowhere near 2018 levels yet... I think I'm gonna cum. And this is NEO, btw-- "the Ethereum of China," a large cap. Not a shitcoin pump n dump. Just a nice mid term hold. I don't even know why I'm trying to sell you on this right now lol the chart sells itself.
LISTEN, not even I can f*ck this one up.
happy trades! :)))
CD
EURUSD updates to buy over the mid-termAfter I analyze again, just ignore the previous EURUSD analysis for correction and go back down. I checked again on the daily time frame, it turns out that the price has touched 1.19804 at the 50% Fibonacci Retracement ratio, and I can be sure that EURUSD will rise further.
Note: This is just an idea from me, please compare it with your own analysis before opening a position. Thank you.
Gold will go up in the mid-termI was wrong beforehand, it turns out that after being noticed on the H4 time frame, as there has been a contraction and expansion phase, it's just a matter of waiting for gold to rise higher. What do you think?.
Note: This is just an idea from me, please compare it with your own analysis before opening a position. Thank you.
AUDUSD H4 sideways shocks.AUDUSD H4 sideways shocks.
After falling back from the high of 0.7820 on January 6, the AUDUSD rebounded after reaching low 0.7563 yesterday (February 3). The current price is still above the 0.7600 integer.
Since the mid-term ascending channel (dotted line) has been broken, and the MA60 is about to “death cross” the MA200, the chance of rising in the short and medium term has been reduced, and there are already multiple resistance prices above. The larger chance in the future is sideways shocks.
It is recommended to do a trading strategy of buying low and selling high within the interval shown in the box.
Shock Range: 0.7570-0.7750
Update: Feb.4th 2021
Reliability: 5-10 Market Days
Gold (XAUUSD) The Long-term trend is upGold (XAUUSD) The Long-term trend is up
After breaking the orange (dotted line) channel at the opening of the first market day of the beginning of the year, the gold daily chart fell sharply on the same day when the US Non-farm Payrolls data was announced on the 1/8th, falling back to the orange dotted channel, but still on the long-term upward track (Gray dotted channel).
By the Moving Average System, the current price is just between the annual line (MA200) and the quarterly line (MA60), which is considered to be in an embarrassing stage of no ups and downs, and a convergent triangle appears in the short-term form, as shown in the yellow triangle, which seems to be waiting Up/down breakout trend.
The long-term perspective, the current price is above the Gray dotted channel. Therefore, there is a higher chance of mid- to long-term growth. However, if the price clearly falls below the yellow triangle, holders of long positions should stop loss.
Conclusion: The med-term and long-term rise opportunities are higher. If the price breaks up/down suddenly in the short-to-med term, a breakthrough chase long/short chase strategy.
Jan.26.2021
Reliability: 10-20 Market Days.
USDJPY is still in the long-term downtrend channel.USDJPY is still in the long-term downtrend channel.
As the US Dollar Index weakens, non-US currencies will continue to appreciate, and the Japanese Yen is no exception.
On the picture, the H4 of USDJPY is in a long-term downward channel. Even if the Bank of Japan continues to block the rise, it can hardly stop the weakness of the US dollar. The yen will continue to appreciate along with currencies such as the Euro, Pound, and Australian Dollar.
USDJPY USD/JPY operation is recommended to go short on rallies, or if activists break below the resistance can be sell stop.
Jan.22.2021
Reliability: 3-10 Market Days
KSM/USDT - Short term HS w/ in Ascending Channel- Bounce for Up!Hello Traders,
We are seeing an ascending channel formed on the uptrend.
I believe we will see a Head & Shoulders pattern formed within this channel for a small pullback before breaking the channel to go up. We are currently in price discovery and I'm not seeing any reason for a slow down. This is always fun, bc if you buy right you can just trail your SL or TTP and ride the price up. But it's always smart to have Take Profits set to control what you're keeping along the way.
When we get this pullback, I'm looking for a bounce off of the EMA 26. Short term, targeting the FIB 1.62.
Mid-term, I'm going to be targeting $120 +/-
Good luck!