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Daily forecast on a WC daily forecast on a WC! i see this as a good risk to take given the confluences of the higher time frame not breaking that high, so their is a likelihood of price moving back to the upside. given the structure and the price action on the higher time frame i can see a last leg forming to an ascending structure. an entry can be made out on the 4H in the form of a larger flag, its just a matter of pulling that trigger at the right moment for me now. a risk of 1% will be executed if the criteria is met to my trading plan, if im stopped out im happy with the position in this frame of mind - given the potential this move has to the upside.
Long
by connorfx96
2
Bitcoin - Crash AFTER the Fed meeting or Impulsive growth?Looking at this chart, we can see 3 strong and very important MarketMaker trading levels Everything that is between levels 41.350 - 43450, I evaluate as a flat channel (accumulation / distribution) Given the structure of the market, as well as the fear of buying now, I expect trading in this range, with an exit to the top. And it is more logical for me to work in a long position now, with a short stop loss under the level of 41350 I plan to open a position at 42000 - 41800 - 41550 (1% of the total deposit for each pending order) The ratio of Short/Long positions is 51/49 in favor of short positions. I will add that the H4 Timeframe trend has now turned from support to resistance. All markets opened in red, making all think we can finally see $39/41k, D1 trend, and retest 38500-40000 EMA H4 200 could hold, At this point it seems a bit "too optimistic for most traders" But I do not think so. Now everything looks on #long The only time I will consider going short is if the price closes below 41500 on the 4H and 8H timeframes.
Long
by AzurTrade
Bitcoin - Where to next? An inverted H&S pattern? Or a big fall Reached the next specified zone We are now between two very important levels: - Level which "should be kept" 39-41k $. Merger of trend D1, maximum range of summer 2021, local minimum of September 2021, H4 200 EMA ,. Obviously, if / when retesting this level, the bulls must protect it to see continued growth and an uptrend D1. - The "must break" level of $45,500-46,500. This was an area of ​​consolidation on the way down and here is the annual opening. Note: D1 stochrsi is still clearly overbought. It would be ideal to retest $39/41k, reset overbought. However, it is also important to keep in mind the rise of BTC in September/October 2021. OH got to 60k without any D1 correction. Keep that in mind in case we see something similar. I will not complicate what was written a few days ago The levels indicated on the chart for the last few days: - Local support (LTF) = $43k and H4 trend, - Resistance = $45,500-46,500, - Main support (HTF) = 39/41k$ - 39/41k$ if we break through the local support of 43k$. - $48/50k if resistance breaks. I wonder if we'll see alto moves like last weekend? 🧐
Long
by AzurTrade
EURGBP Position RR 1-110 (Technical)Yesterday I have Entered this trade with 5 pips stop loss using 2% of my bank account. Currently it moved 50 pips in my direction. I just put it a bit above breakeven. Entry Reasons: On Montly/Weekly we can see that: 1) The price is slowing down. 2) On weekly chart we can see a Falling wedge formation. 3) Plus it is on monthly support level. 4) Also we can see the RSI MACD Divergence. So, in summary on technical side this pair is bullish. Will closely look at its fundamentals in process. My entry was: 0.83101 My Sl: 0.83151 My TP: 0.85601 PS: I wont move my SL to make the price more space to move. Will Update frequently.
Long
by Ryokoooo
1
Why you should have this cryptocurrency todayThe current market cycle is focused only focused in one thing and that is: who will be the better Ethereum? This has sprung dozens of worthy contestants each with their own rightly claim to the throne. Sell pickaxes to miners instead of trying to find gold yourself. Between all these different chains there is one occurring problem that all of them face: inoperability. Every single of these blockchains is its little own isolated planet with no way of reaching more resources. If you want to move to one of these blockchains you will need a bridge. This is where Multichain (previously Anyswap) comes in. This concept isn't new or even original. Even caveman could make simple stick bridges but that doesn't mean they were going to last years on end. Multichain currently offers the biggest blockchain catalog, liquidity and even backing by Binance and other venture capital firms, and when push comes to shove this should reassure you at least a bit that everything will be make in order to assure safety to the costumer since they will charge a fee instead of you being a guinea pig for someone's failed decentralization scam.  These projects are designed to be profitable to the investors while solving a critical piece of annoyance to users and they are willing to pay for that. In Multichain's case anyone can own a piece of governance of the protocol and that exposes the ones that buy the token to benefit from the ever increased usecase while riding this crypto Game of Thrones over what blockchain will be the next crypto goliath. What if I told you I already know who wins?
ALong
by doomsignal