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ETC - STUCK IN SIDEWAYS TRADINGEthereum Classic (ETC) is currently stuck in a sideways trading period. However this could change should ETC manage to continue its recent upwards momentum. A breakout from $7.4 USD is needed for ETC to break away from this channel. ETC currently has bullish momentum: - Heikin Ashi - GREEN - BULLISH - MACD - POSITIVE CROSSOVER - BULLISH - Descending triangle formation - BULLISH BREAKOUT - RSI - High value - high interest - BULLISH - Bollinger Bands - Upper region of bands - positive movement after BB contraction - BULLISH ETC is looking handy at the moment, however if $7.4 USD is not broken then ETC will continue to trade sideways (with a likely move down to the support level shown) this is NOT financial or investment advice
KRAKEN:ETCUSD
by UnknownUnicorn10064030
A good risk reward trade to long EURAUD Interestingly, AUDUSD did not trade as strongly as I would expect given the strength in the EURUSD today. Risk on mode as a result of encouraging development in vaccine did not push AUDUSD as parabolically higher as always. The strength in AUDUSD has also pale in comparision to the EURUSD spike today. That means it is probably viable to go long EURAUD from here. DMI +is above to cross above the DMI - and EURAUD is trading at multi weeks low and can rebound strongly from here. The risk reward ratio make sense to go long on EURAUD here at 1.6330 with a profit take target of 1.6900 with stop at 1.6080
Long
by dawn996
XMR This is starting to show signs of life!This literally has been really stable for a while. The fact that it is holding above the 200 Day EMA is encouraging. As the trading range got squeezed tighter and tigher, it has now starting to show signs of trading higher. the 8D EMA has cut above the 13D EMA. In addition, it has also broke above the downward trendline as depicted above. The break up above 65.00 only meant nore upside is in the pipeline with a target towards 130 in the middle term! P/S Invest at your own risk! Do your homework!
BITFINEX:XMRUSDLong
by dawn996
20% Bullish Move on ATOM A Possibility...I've seen this exact formation play out on a TONNE of alts this year and this is a real bread and butter trade set up for me. We've got a W pattern inside of a larger W pattern and some nice upside potential as indicated by our VPVR, Ichimoku and EMA fan. The first hurdel for ATOM will come ar this 3100 level and the 50ma, where we could see a break and retest, before another up to the 50/61 fib around 3400+ sats and the 100ma. Don't want to get too excited about this, but 4000+ sats very much on the cards with the ATOM Stargate first testnet on July 27. PLEASE LIKE AND COMMENT IF YOU'D LIKE TO SEE MORE ALT CHARTS!! Have a great day friends :) - Tex
Long
by Unity-Trading-Group
2
BNBBTC A laggard ready to fly!A good number of Alts are showing signs of turning higher. EOS/ TRX/etc. Those already traded higher before i had a chance to cover them today. So that left BNBBTC. Actually, I prob need the EMA 8 to cross up first to confirm the trade but the ADX is showing fresh move up from here. And Given the the general buying tone in the rest of the alts, I am cautiously optimistic about this being the laggard! Buy here for a test of 0.001750 for 0.0026 ultimately!
Long
by dawn996
🏋️ 10 STEPS HOW TO DRAW TREND LINE IN 5 MINUTES [WRX — WazirX]Hello, have you familiar with 10 steps technic how to draw trend line in 5 minutes?! — I am not 😅 But in this 7 min video I explained how to make Simple TA for any asset using TradingView basic tools to understand where it goes. In this video: 1. How to draw trend line 2. Descending Wedge (Falling Wedge) 3. WazirX WRXBTC coin analysis, entries and targets. Previous WRX analysis and HOW TO MAKE TA in 10 min: Have fun, enjoy your trading This is Artem Crypto
WEducation
by ArShevelev
10
$LYV Wedge Almost Complte | Take OffBreakdown of $LYV Live Nation Trading With Options Estimated Play Time: - Trade 1: 4 Days - Trade 2: 18-22 Days Trade 1: - LYV $45 Put 7/17 @ $350 per contract, looking to flip the premium. Most likely won't hit in the money, don't be greedy. Trade 2: -Buying the breakout: This massive wedge should result in a overall move to $55 within the next month of so. When the time is right, we will be looking to grab - LYV $50 Call 7/17 @ Contract should be around $120 (currently sitting at $198) Do not trade this you will lose money DotcomJack | Easy Loot | The Dotcom Takeover
NYSE:LYV
by DotcomJack
7
Potential Snipe Trade SetupCurrently to me looks like we have a bit of a descending triangle forming in yellow on the 15min. If we get a candle close below my support I would be expecting a bit of a drop towards 9k which also happens to match up with my purple parallel channel that I've mentioned in previous posts, As long as we respect old support as new resistance. On the opposite side of things if we get a third touch point confirming my yellow triangle resistance followed by a candle body close above I would expect us to actually be in a bit larger of a triangle pattern (red resistance) which price will vary depending how long it takes to reach up there but just eyeballing looks like probably around 9450 ISH?
BITMEX:BTCUSD.P
by StuTubeTrading