Do your own research before copying my analysis ! Looking for a long term buy trade. I’m expecting the USD to sit around 1.25 by Wednesday. Trade is already placed at 1.22090, Risk 30%
Yes, I know that I've taken both sides on MSTR, but when the situation change you must adapt! Moving on, MSTU seems to be nicely positioned to jump. Look at the price action and the yellow line! What do you see? I see opportunity.... If BTC (pappa bear) behaves and does take a massive dump, you could be making a nice profit here! Best of luck and always do your DD!
Co-ordinates of the pitchfan: #1 (price, bar): 2 -4492 #2 (price, bar): 15 -4492 #3 (price, bar): 3 -4491 https://www.tradingview.com/x/U0WUJRhF/ The fan over time: https://www.tradingview.com/x/dVTXOG4j/ https://www.tradingview.com/x/1vbcTuF1/ Sections of the pitchfan: 0.204 0.236 0.292 0.3264 0.382 0.472 0.618 0.764 the yellow line is my prediction in a sufficiently bullish scenario
Interesting to see this nice set-up. We can see the green line (slow) and the red line (fast). We see very clearly how the fast line goes down below the green line, bounces back on the support line, and then jumps over the green line. This indicates a turnaround / momentum. There is something very interesting about to happen here that will spark a jump. I'd place an alert an elephants hair above because this baby will fly. Best of luck and always do your DD!
Bitcoin weekly basic patterns and measured targets shown to work well over time. Present pattern with unreached targets in red (bear) and green (bull). Good luck!
Looks Like accumulation into break-out soon or possibly last leg of Accumulation with Final Shake-Out
huge correction of Virtual, it seems that the investors take lots of profit during this correction, but rn it seems that the door is open for the new investors and if you see, in 4h ft price it is oversold, RSI and MACD are showing strength and accumulation, i will wait couple of hours to see how market will act and probably i will open a small amount of money a long position. lets wait and see, patience pays. dyor + nfa. always remember, never trust anybody, we are not market makers, we just try to fish what market gives to us.
Simple yet effective. Going off price action and simple technical analysis. Based off the recent bearish drop, I can see the market is looking to recover which is why I have the bias of it going long.
GRT Potential Long Setup-\ FYI- This is technically not a valid harmonic pattern, however it is within reasonable parameters, BUT... IF you seen my last GRT setup, you would know what GRT can do these similar conditions. GRT has reached the .86 retrace from last swing high/low and corrected accordingly. Now we yet again a similar structure along with the Bullish Divergence on the 1D chart. GRT needs to retest the .20 cent mark and retain this price to have the best likely chance of another strong push. AGAIN, NOT CONFIRMED YET NEED TO RETAIN AND RETEST 0.20 LEVELS IF YOU ARE RISK ADVERSE. YOU COULD ENTER HERE, HOWEVER A TIGHT STOP LOSS WOULD BE A GOOD IDEA JUST IN CASE... I attached my prior setup I posted here for the last GRT Long GLHF
plotting this to check correlation and performance