TRX/BTC - Bulls, are you ready?Almost every altcoin is dropping sharply in last days. Tron is not exception. But when we look on the chart deeply, we can see some bullish sings.
TRX is falling several days and it looked really well, when there was falling wedge building up. We can see that any pattern is not 100-percent.
He moved below the support edge of this pattern and it was already tested, so the price moved down again. But is there chance for reversal?
Maybe. Lets look now for some bullish sings:
First of wall we can see that market is moving near the trendline. The bullish trendline could be good signal but it needs another help.
We can see on the chart strong support area n.1. That's the second one.
The last one is bullish divergence (RSI) on daily or 4H chart.
But that's not everything. We need to see a bounce from this area (the best candle reversal pattern).
The next bullish signal would be the breakout of strong resistance trendline (lower timeframe).
BUY ZONE:
Support zone n.1 (385-365 Satoshi)
TP: Depends on your RRR (could be the resistance trendline of Falling Wedge)
SL: under the support area n.2
This is not investing advice just my point of view. I'm not responsible for your losses. You trade on your own risk.
Midterm
NPXS - Right time to buyNice buying opportunity for mid-term. It's not a good time for buying altcoins because of BTC but this coin have heavy and big buy/sell walls and it's really hard to break the bottom so :
Buy now
Targets
15
18
21
26
Stop loss 11
TSLA in buy zone (about 30% opportunity)TSLA has been in a falling wedge pattern here and has reached the green buy zone. I am looking to buy mid-term calls soon. Buying after a wedge break would be safest move, but a buy here with a stop in the 240s could be a nice trade. Previous PA in the green box has caused a nice upwards move. My first published trade, would like to sell in 320s-370s
ZEC/BTC Mid-termAnalysis
-Reduction in the slope of down trend
-Head & shoulders chart pattern in daily time frame
-The price crossed KUMO cloud In Ichimoku indicator
Suggestive Position
- Entry = Trigger(according to trading strategy)
- Stop-loss = 0.011-0.012
- Take Profit 1 = 0.015- 0.016
- Take Profit 2 = 0.017-0.018
- Take Profit 3 = 0.020-0.021
- Reward/Risk= 1
## Note : According to price history , we believe that this coin has a great growth potential in future.
SHORT BRENT OILOIL HAS RECOVERED ABOUT THE HALF OF THE DESCENT STARTED IN OCTOBER AND FINISHED IN JANUARY. WE ARE ON A VERY IMPORTANT STRUCTURE AS YOU SEE THE GRAPHIC. PERSONALLY I ARE LOOKING FOR ENTRIES TO SELL WITH STOP LOSS WITH CLOSING OVER 71 DOLLARS,
I THINK THE BRENT CAN MISS A 4-5 DOLLARS IN THE NEXT MONTH.
GOOD TRADING AT ALL
Mid-Term Ethereum Algo Swing SetupsActive algo target looks to have front-run "hit" it's first target with target 2 waiting for the next leg up (chart on the left). If we retrace a bit first then I'm looking to enter the second setup in the golden pocket (chart on the right) Yes, I'm using .666 rather than .65 for my stop loss these days. There are some other nice supports in this general region and I really like setups where I can tightly manage my risk.
Mid/Long Term Active Bear AlgoWe have an active algo target down in the 2300 range thanks to our latest high spiking up into the golden pocket of the large move down from 6K. Bulls need to push the price back up one more leg above 5362 to get these algos to flip/stop otherwise they'll keep the selling pressure on down to new lows. We did see quite strong resistance/defense in the golden pocket, but with the market feeling a little bullish at the moment, it could be possible to push through, especially on a weekend.
EUR/AUD: Positioning-Trade!#OpportunityHey tradomaniacs,
welcome to another free signal!
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Type: Positioning
Sell-Stop: 1.57861
Stop-Loss: 1.61764
Target 1: 1.51955
Target 2: 1.47781
Targt 3: 1.46359
Point of Risk-Reduction: 1.55
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LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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Any questions? PM me. :-)
Mid-Term Bull and Bear Active Algo TargetsThese are the highest range swing-high/low algo targets currently active (with likely algo, aka. program trading, participation). Lots of smaller range stuff going on as usual. These are based on the algo assumption of participation entry between 0.618 and 0.5 and exit/flip at 0.65 with a target of -0.236. In theory here, the bull scenario is using a larger range and so it would likely be stronger than the bear scenario, however, we are still in an overall bear market and bearish trend extending well beyond the timeframes discussed here.
HeidelbergCement AG LONG Signal In the making(mid/longterm)As you can see we are about to leave the downtrend. Have a look at the daily chart to have some better insight in the exact structure of the outbreak process. But for now I want to highlight the similarity between the price behavior right now compared to the last time we hit that similar price area.
Pretty much the same movement and also Volume shows at least some change in structure. Let's see what we can get.
My Plan for Now:
Not quiet sure if that possible right shoulder is already done.. I could also imagine some more consolidation phase, but if not we are ready. This is a solid German company and I do imagine investing for longer term into it. But nevertheless less this is also a great short/midterm setup. Let's see if we can break that neckline of our pattern.
I placed an alarm close above 63.00. I think if we climb above some more daily trader will enter the market and might push it even higher.
Done for now.
Let´s see what tomorrows opening brings us.
Hang around for updates.
Feel free to ask..
Stay safe out there.
USD CAD BUY AFTER THE SUCCESFUL SELL after we caught the previous swing of the price ( related setup link below ) we approaching the support zone that work as a target profit for the esecuted short , we'll buy a that level , risk/reward on this is 1:3 so you can play a little bit safer , let me know if you hopping on this trade ! CHEERS :P
BTC / USD - D - EMA 50 crushed !Hello there ! Happy monday to everyone !
Boys, girls, we just crossed EMA50 ! And that's pretty awesome and encouraging. The last time we were trading above was in november 18, before the huge dump that saw BTC going from 6500$ (13th november) to 3275$ (15th december). Since that, it acted as a resistance we were not able to cross.
Morevover, the Ichimoku cloud was also crossed, adding strength to this new support (3750$). So what's next for BTC ?
Well, some indicators allow us to say that BTC will keep going up short / mid term.
- RSI : Right now, on the daily, the RSI is looking pretty bullish. We re sitting at 61.05 so we still have some space to go before considering BTC overbought.
- Volume is building up and we re currently trading between 7 and 8 billion $ on the 24H.
- MACD - The histogram is building up which is good indication of a strong trend short term.
Our next target is he MA 100 that acts as a new goal / resistance for BTC. It's a pretty strong support as it's also the long term fib retracement of the late 2018 dump. I draw an EW (12345) that should meet the MA 100 pretty soon, with a retracement to our new support. Then, the fifth wave should test the 4200$ resistance that we weren't able to break before.
We should keep an eye on ETH and LTC too. Some action from them can bring some to BTC too (LTC on the 08 feb and ETH yesterday).
EP : 3750$
TP1 : 3900-3950$
TP2 : 4100-4200$
Have a nice day friends ! :)
Tesla buying opportunity I believe Tesla is nearing a new breakout. My belief is based on technical patterns, the current narrative, improving fundamentals, and potential inclusion into the indexes.
There's always something going on with this name. It wouldn't be Wall Street's darling otherwise. Options traders can make a living trading this stock alone. Volatility can be vomit inducing or put you to sleep, depending on the week. To my best understanding the current narrative on the stock is that the recent quarter was strong, but executive departures and Big Money reducing holdings have overshadowed the price action. Morgan Stanley emphasized how the currently expanding and already massive supercharger network will act as a moat against the aspiring competition; this note was likely released because most saw the Audi commercial during Super Bowl and so the word is out that other brands are now focusing on electric options. I see this as Tesla fulfilling their mission statement to accelerate the adoption of sustainable technology and a bullish event. In my opinion the 2020 Roadster looks better than the Audi concept art but by inspiring brand pride the electric vehicle segment looks ready to explode and Tesla is already positioned well. Another huge piece of the current narrative is the looming convertible debt. The price is much too low for the conversion and you can bet your hat short-sellers will do anything in their power to prevent the current cash balance from growing. This leads me into the recent developments in the last two quarters.
Before I explain the technical analysis above I would like to highlight some very important developments at a fundamental level. Since inception (barring two outlier quarters) Tesla has been a negative EPS company with a cash burn that accelerated faster than a Falcon Heavy. At times the outlook for the company looked bleak. However, with two quarters of positive and increasing cash flow and two quarters of positive EPS the future now looks much brighter. Particularly because these results seem to be organically driven rather than financially engineered. Demand for the Model 3 is explosive and isn't likely to wane anytime this year. More information regarding the model Y is going to be revealed next month and the Semi should be reaching consumers soon. Assuming the demand for these products stays how it has stayed for many years its safe to assume the step-wise compounding ramp Elon has explained is not just feasible but probable. This excludes developments on the solar front which have been largely hushed since the massive success in Australia. If Tesla maintains positive earnings into 2019 its large market cap will qualify it for nomination into the major indexes which will cascade a flood of inflows from index funds re-balancing to match the index compositions. I can't emphasize how bullish this scenario would be without putting a number on it: $500.
My technical analysis above supports the narrative and the fundamental developments and so we'll begin from the left and move toward the present. In 2013 Tesla made its first big run. It consolidated here into a massive bull flag (fraught with volatility and an environment that favored bearish opinion) until 2017 when the next leg up occurred. I highlight these moves with red lines of equal size that should be easily noticed. Another long term trend line I like to use is the compounding curve from inception anchored at critical points. My critical points here were the 2016 lows and the base of the subsequent leg up. We'll refer to this again in a moment.
The current chart environment looks almost identical to the previous leg-up and flag, with one key difference: volatility. Compared to the previous consolidation cycle this recent cycle has had its dips bought quickly and vigorously. Possibly due to the radically improving financial statements. I've used a mix of fib retracements to generate price ranges for the near term future and this is where I derived my price balloons. Notice that the price structure is forming what looks like a double-bottom inverse head and shoulders. Today's current price of $307.55 is sitting right on this fib 0.382 line. Support here suggests we move up toward the neon green area with my short term price target at $336.22. Reaching this price point by about mid 2019 would coincide with a rare alignment of tailwinds. First off, it would represent a full 2 year consolidation from the previous run up in 2017, similar to the duration of the consolidation cycle after 2013. Also, we'll have a couple more quarters of hopefully positive results from Tesla by then igniting the "index" narrative.
This name comes with absolute risk and shouldn't be purchased or sold without understanding that. At any moment a bearish thesis could stick and the price could quickly find itself touching $280 or even barrelling toward the $250's lows. As a long term investor I say buy those dips, but don't rush into buying a falling knife either. Wait for consolidation and materialized resistance to make your move. If the price ever gets below the lows of the initial consolidation dump everything or buy a ton of puts. Prudent but wise use of puts can and probably should be used at all times when overweight this ticker.
Many followers of the stock will know that Baird has had a $500 price target on Tesla for years now. Not ironically, the alignment at 4 full quarters of positive and hopefully growing earnings paired with my compounding curve and previous leg-ups would put the price just over $500. I'll stick with my $550 because the Tesla Network is going to revolutionize what it means to own a Tesla.