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Bitcoin (BTCUSD) traders are still undecided Bitcoin EASYMARKETS:BTCUSD Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
EASYMARKETS:BTCUSD
by easyMarkets
NIFTY INTRADAY LEVELS FOR 14 MAY 2024BUY ABOVE - 22130 SL - 22070 TARGETS - 22180,22240,22300 SELL BELOW - 22070 SL - 22130 TARGETS - 22020,21960,21900 NO TRADE ZONE - 22070 to 22130 Previous Day High - 22130 Previous Day Low - 21820 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:NIFTY
by Jagadheesh_JP
3
USDJPY at an important barrier#USDJPY EASYMARKETS:USDJPY Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
by easyMarkets
Waiting for Ripple (XRPUSD) to make a move#Ripple EASYMARKETS:XRPUSD Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
EASYMARKETS:XRPUSD
by easyMarkets
2
Gold quick video ideaEASYMARKETS:XAUUSD TVC:GOLD Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
EASYMARKETS:XAUUSD
by easyMarkets
GOLD pushing off the 382 fib level - bulls taking higher?Looking at the 4h and daily time frames we can see that price has bounced/rejected the 382 fib level and could be looking to push higher. There was a small order block below around 2310 which price headed towards before making a reversal. This area presented the 382 fib level which has had some short term rejections. With this, the 382 is likely to predict a 618 extension which is 2366 region. Ambitious right now but still a very likely chance given the circumstances. So we have a fib level rejection Price rejecting order blocks Price is currently at resistance and will need to break key levels above before this target is hit.
OANDA:XAUUSDLong
by Youza
HERE ARE 10 COMMON TRADING INDICATORS MADE SIMPLE Chart has all 10. Hope this helps. Hope it's simple to understand if you still struggle with indicators. Remember, no one indicator is good on its own. Think of an indicator as a sign that you should pay attention to a possibility. For example, if I go to the ocean, maybe I have an indicator that says you're closer to sharks than in the great lakes, will I be eaten? Probably not, but also, there are more sharks and my indicator confirms that. I can't use this one indicator to say, I'm probably about to be eaten. BUT.. Let's say I have multiple indicators that I use to give me a better idea if I'll be eaten. Maybe an indicator tells me there is an oddly higher than avg number of a sharks number 1 food source within the area. Can I say I'll be eaten? No, but I could say, maybe due to the increased food supply, there may be more sharks. What if I have a few more indicators, one of which says there are 30 great whites within 10 miles, and another that says, usually at this time of the year, there are only ever between 2 to 7 great whites. Can I say, Yes, I'll be eaten? NOPE, not yet. What if I have another indicator that says, across the globe, shark attacks are increasing by a certain percentage, and another that says, there is blood detected within the water you're swimming in, which is lower than the threshold for human's to detect, but higher than the threshold needed for sharks to smell. What if I combine that with an indicator that says, on avg there are 1000 swimmers here, but now, there are under 30. Can I say I'll be eaten? Nope, BUT, I can say, hmm. Something is up and if one of us were to get eaten, I'm more likely to be picked out of 30 people than 1000. When can I say I'll be eaten? Probably if you build an indicator that can detect bite force and compare to known bit forces of sharks that could sense you're actively being eaten, but at that point, the stock moved already... err I mean, the shark ate already, and you're late to the show.. My point being, use them, but don't always assume when it comes to indicators. Take in all the data and then make a decision. Some indicators fit your style, some won't. Do I need 30 stacked indicators for sharks if I'm swimming in Lake Michigan? Probably not, it would make everything a mess. So, here there are. Relative Strength Index (RSI): Ah, the RSI, the “I’ve had too much” indicator of the stock market. When it hits above 70, it’s like your stock had too much to drink at the party and is likely to come crashing down. Below 30? It’s been left out in the cold and might be due for a warm-up (a.k.a. price increase). Remember, it’s not foolproof, but then again, neither is your weather app. On-Balance Volume (OBV): This one’s all about following the crowd. If the volume is increasing, it’s like everyone’s rushing to get the latest iPhone. But remember, even if everyone jumps off a bridge, it doesn’t mean you should too. Always double-check before you follow the herd. Simple Moving Average (SMA): The SMA is like that reliable friend who’s always a bit behind on the latest trends. It gives you the average closing price over a certain period. It’s simple, it’s moving, it’s average. It’s the SMA. Exponential Moving Average (EMA): The EMA is the SMA’s hip younger sibling. It cares more about what happened recently than what happened way back when. It’s great for short-term trading, but remember, even the coolest kids can get things wrong. Moving Average Convergence Divergence (MACD): This one sounds complicated, but it’s not. It’s like watching two rabbits on a race track. If the fast rabbit (the 12-day EMA) overtakes the slow rabbit (the 26-day EMA), it’s a bullish signal. If the slow rabbit overtakes the fast one, it’s a bearish signal. Just remember, rabbits are unpredictable! Fibonacci retracements: Ah, Fibonacci, the Da Vinci of math. These horizontal lines indicate where support and resistance levels might be. It’s like trying to predict where you’ll meet your ex at a party. It could be useful, but don’t rely on it too much. Stochastic oscillator: This one’s a bit like a pendulum. When it swings one way, it’s likely to swing back the other way soon. It’s great for spotting potential reversals, but remember, even a broken clock is right twice a day. Bollinger bands: These are like the elastic waistband of your favorite sweatpants. If the price hits the upper band, it might be time to sell (or stop eating pizza). If it hits the lower band, it might be time to buy (or hit the gym). Average Directional Index (ADX): This one tells you whether the price is trending strongly or just wandering around like a lost puppy. Above 25 is a strong trend, below 20 is weak. But remember, even lost puppies find their way home eventually. Accumulation/Distribution (A/D) line: This one’s all about supply and demand. If the line is going up, the stock is being accumulated. If it’s going down, it’s being distributed. It’s like tracking whether more people are buying or selling fidget spinners. Remember, these indicators are like tools in a toolbox. Don’t try to build a house with just a hammer. Use them in combination, understand their limitations, and always do your own research. Happy trading! 📈
NASDAQ:TSLAEducation
by nicktussing77
18
Constructin of chartsThe first documented use of charts goes back to ancient Babylonia, where their early forms were used primarily for record-keeping by astrologists and merchants. Then, sometime between the 5th and 6th century A.D., these graphical representations developed into a form reminiscent of today’s charts. Further refinement and development of charting techniques continued through the centuries, influenced by advancements in mathematics, commerce, and technology, which propelled charts from hand-drawn illustrations to sophisticated computerized displays in the 20th century. Nowadays, there is a myriad of visualization options, but line charts, bar charts, and candlestick charts are the most widely used for the purpose of technical analysis. Key points: A chart is a graphical display of data, usually price and volume. In the context of financial markets, charts serve as tools for analyzing trends, patterns, and relationships in data. There is a wide array of visualization options available today, with line charts, bar charts, candlestick charts, and equivolume charts being among the most commonly used. Different types of charts are suitable for analyzing different aspects of data, ranging from long-term trends to short-term price movements and volatility. Line chart A line chart is represented by a single line that provides information about the price on the vertical axis and time on the horizontal axis. It is typically constructed by connecting a closing price. This type of chart is suitable for analyzing long-term trends, but its main drawback is that it provides only one piece of information, unlike a bar graph or a candlestick graph. Illustration 1.01 The illustration above shows the daily line graph of Bitcoin (BTCUSD) between 2020 and late 2022. Bar chart A bar chart is constructed with bars, each representing one particular time interval. These bars provide information about opening price, closing price, high, and low. As such, volatility and various price patterns can be easily observed. This type of chart fits short-term, medium-term, and long-term trend studies. Illustration 1.02 The image portrays the daily bar chart of silver (XAGUSD) throughout 2022 and early 2023. Candlestick chart A candlestick chart is very similar to a bar chart and provides information about opening price, closing price, high, and low. It consists of the real body and shadow. The real body is a rectangular area between the opening and closing prices. Shadows are the price extremes that occur within a trading session and are represented by thin bars above and below the real body. The shadow above the real body is called the upper shadow, and the shadow below the real body is called the lower shadow. Candlestick charts are appropriate for analyzing short-term, medium-term, and long-term trends. Illustration 1.03 Above is the weekly candlestick chart of gold (XAUUSD) between late 2007 and early 2017. Equivolume chart In an equivolume chart, the width of each bar or candlestick is proportional to the volume traded during that period, while the height represents the price range (high to low) for the same period. This type of chart aims to visually depict the relationship between trading volume and price movement, allowing traders to identify patterns and trends more effectively. Equivolume charts are especially useful for analyzing the strength of price movements in relation to trading activity. Illustration 1.04 The equivolume chart of silver (XAGUSD) is depicted above. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor or any other entity. Therefore, your own due diligence is highly advised before entering a trade.
Education
by Tradersweekly
2
Bitcoin Cash (BCHUSD) Quick Video IdeaEASYMARKETS:BCHUSD Bitcoin Cash Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
EASYMARKETS:BCHUSD
by easyMarkets
1
Corn broke the upper side of the rangeEASYMARKETS:CRNUSD Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
EASYMARKETS:CRNUSD
by easyMarkets
Lets' see how the PCE affects DXY TodayTVC:DXY EASYMARKETS:USXUSD EASYMARKETS:EURUSD EASYMARKETS:USDJPY Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
EASYMARKETS:USXUSD
by easyMarkets
Nzdusd head to go resistance with high accuracy read the captionThe NZD/USD declined towards 0.5871 on Tuesday reflecting a loss of 0.46%, despite. The pair's movements are largely influenced by the market’s adjustments of their expectations and the delay of a rate cut by the Federal Reserve (Fed) by year-end. Rising Treasury yields are also applying downward pressure on the pair. On the data front, in March, Building Permits experienced a decline of 4.3%, dropping to 1.457 million, below both projected and February's figures. Housing starts also saw a significant drop of 14.7%, falling short of expectations at 1.321 million. However, industrial production for the same month rose by 0.4%, meeting expectations
Long
by Mrsam36
1
Dogecoin (DOGUSD) video ideaEASYMARKETS:DOGUSD Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
EASYMARKETS:DOGUSD
by easyMarkets
1
META breaks Nasdaq. Can MSFT and GOOG fix it today?EASYMARKETS:NDQUSD NASDAQ:META NASDAQ:MSFT NASDAQ:GOOG NASDAQ:GOOGL Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
EASYMARKETS:NDQUSD
by easyMarkets
Solana could be interesting for the bulls if...EASYMARKETS:SOLUSD Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
EASYMARKETS:SOLUSD
by easyMarkets
1
Can EURUSD go for a larger correction higher?EASYMARKETS:EURUSD Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
by easyMarkets
BTC/USD CHART ANALYSISHey There! This is my analysis for BTC/USD. As everyone knows we are in bearish scenario and many of us don't know where the next support would be. BTC/USD (BITFINEX) BTC/USD is forming a Falling Wedge pattern as shown in charts and According to me there are various confluence as shown in chart. After bitcoin broke 0.618 weekly support is now marching towards 0.786 weekly support. That's where I found confluence, 0.786 Fib support was previous ATH back in DEC 2017 and i used Fib Extension in which 1.282 formed fib cluster with 0.786 fib retracement, for those who don't know what Fib cluster is, It is confluence of two or more fib tools. After the confluence I found support between 19400 to 17600 from fib tools. The buying zones would be 1.20000-21000✔ 2.19000-17500 3. 15500-13500 WORST CASE SCENARIO NEXT I saw 200MA weekly, Going Backwards During March 2020 Corona period we were almost 30% down from weekly 200MA and now expecting the same as we are 10% down already from weekly 200MA, If price action goes as planned it may kiss the 15500 line as marked in the chart. The area between 15600-13500 can be a wick area where possibly wicks could be formed in weekly in the worst case scenario. Nobody wants bitcoin to go to that price range. As the cost of mining a bitcoin is $20000,BTC wouldn't be in that area for long time it will rebounce from the above mentioned chart. If global market become stable we would reverse from 17500-17600 If market is inflated with US intrest rates then 15300 possibly Any other bad fundamentals of big hedge funds worst case scenario would be 13500 last support according to me, If goes down further i'll have to find another job🤣 till market become stable. Hit Like and follow button if you like my analysis
BITFINEX:BTCUSD
by rahulxvaishnav
BTC/USD Interesting day ahead (Ascending Triangle)Good Morning Traders.☕️ As you can see there is a acending triangle formation on the 30 Min BTC/USD chart, as we all know the ascending triangle is both a bullish and bearish sign. Meaning that a break out up or down is possible with in the next 24 hours. Ideally traders will wait for a break out and a retest confirmation on the support / resistance line. In this case I am hoping for a bullish outcome (meaning the price will break up) as this could spark a run which takes us back up to the 68-69K range. However it is not impossible that we will see a bearish outcome which will take us back to the 62-63K range where we have a strong support. Best of luck with your trading journey ❤️ and remember to follow the big 5 rules: 1.) Never enter a trade without a profit target and a stop loss. 2.) Always use multiple indicators to confirm a trade. 3.) Don't be greedy. 4.) If you lose take the day off and come back tomorrow. 5.) Do your own due diligence and analysis (market, technical and fundamental)
BITSTAMP:BTCUSD
by ghostysellsdonkeys
2