Tradeanalysis
BTC/USD ShortLooking for a short term sell on BTC. This will be if we continue to slowly correct to the upside, I will watch to see how we react to the double top before taking any trades,
Also, my position entries shown on charts aren't exactly where I enter, so don't use this as a signal to take a trade without doing your own analysis, I use these as a guideline for myself to remember the bigger picture and value areas of where I am watching.
BTC Easy Trading Pattern -30% drop = + 25% ROI GainHi TradingView,
Saw a simple pattern over the last year. The best way to make money is to study the past. Consistently every time we see a 30-35% drop over a period of month/two we can easily anticipate a raise of a minimum of 20-25%. Make easy swing trades. Over the last 4 trades, a $5,000 investment would easily be $12,207.03. 244% ROI in an overall declining BTC Value Market.
We can suspect the next drop of value down to $6,000. If this happens we can follow the previous rules and patterns of BTC down...Alts Up. So we can anticipate certain (ALT/BTC) to trend in the ALT favor.
Simple Chart. Simple Explanation. Nice to talk to you all again! HAPPY HUNTING
Reg
AUDUSD Idea, NOT a signal!Please let me know your thoughts on this one. I like the look of a long on AUDUSD here but I am aware of my bearish NZDUSD bias.
So you can see a longer term trendline (thicker line) cutting through the chart and sitting just above price currently. We have an upwards trendline acting as support here and I have highlighted a recent resistance area which is also acting as support here.
Now I know I've put Elliot Wave on here... The 4th wave pulls back more than I would like for a true Elliot Wave but could there be a 3rd impulse wave coming!
EURAUD - POTENTIAL SHORT SETUPEURAUD made a short bullish run before forming a sidewards structure. Inside this structure is a head and shoulder pattern that is forming nicely.
Short trades are on the lookout as price is dropping our support line, we shall wait for price action to confirm our trade.
Specifically looking for a breakout and a continuation of our downtrend from the shoulder before entering this trade.
Remember to use shorter timeframes for a more detailed look of the market, while waiting for a set up.
This allows you to enter earlier and pinpoint a perfect entry!
Market opens in a few hours, trade safe!
RelianceReliance gave spinning top at 52 week high, so its indicating of small retracement or downside.
For intraday trade we were waiting for the zone or confirmation to enter the trade.
Today it covered half of the spinning top candle and then gave pinbar.
moving average retracement indication.
inverted flag pattern.
we entered at flag breakdown + MA crossover-1417
sl at half of pinbar-1423
target at previous low. -1407
Made low of 1383
BTC bearish divergence. Short term bearHey,
This is quiet a simple analysis.
As we know, we are expecting a daily tightening range (equilibrium) for BTC on the daily timeframe which means a lower high under the 11,150 zone.
Now zooming into the 1hr chart as we get close to the resistance zone, it is apparent we have a hidden bearish divergence, as you can see by the lower high formation on the RSI.
Furthermore, we are seeing the divergence trend line steepen upon the RSI San price action is becoming more horizontal and less vertical showing that the short term trend reversal is now favorable.
Day trading bears have an excellent opportunity here and can short with a SL at 11,200.
Aurora Skies :) Mini Price Bump? Long term perspective VALUE BUYHowdy TradingView Family!
Hope you guys are doing well and having a great day. ACB and the majority of the weed stocks are being hit..and hit hard! However after seeing 100-200% gainers on most stocks its not surprising to see a 50% retracement. If any of us who have traded or invested in crypto in the past this is nothing, but all too familiar.
Let's move forward with how we should approach Aurora.
Stock Dilution? Issue? YES! Does it hinder growth? Nope! It's an issue, but they are not the type of group to pay for companies that wouldn't pay out in the future!
Partnerships? YES! Small deals with UFC & Pax Labs ($1.6B Vape Pen Manufacturer)
Leadership? Great leadership. Been in the stock since 2014. It hit every milestone. No bullshit. Actions louder than words.
Nelson Peltz? Why would a famed Billionaire put his reputation on the line in a proposed "high risk Highly speculative" industry? Because...MJ Sells. The black market always existed before. Narcos Anyone? Its legalized in Canada, 11 states in the USA, its a matter of time until its legal in the USA and its going to be a full fledge bull run..
Social norm of MJ is drastically changing. Ask anyone in the USA age 30 or below if they ever smoked? 80% Of people is yes . Canibus and CBD/THC are entering mainstream markets. Even the dam Kheils has CBD infused facial oil. It does help with pain and stress relief. WAY LESS SIDE EFFECTS THAN MAINSTREAM PERSCRIPTION DRUGS. Also...uhh natural? If God made this beautiful green earth.. its much better then a strong pharma drug made in a lab where the wrong doseage kills ya!
Don't be the loser that said I would have, should have, could have. Heard it 1000000x and said it 10000000000000000000000x more myself. Get some big balls. Invest and hold for the swings. #BTC is swinging for the fences..but it was dead quite when it was trending $3000-4000. No one is ever there for the shitty days but everyone wants to ride the wave up. Well we are in the shitty days of MJ, but let me tell you... I'm 90% invested with my capital and 10% cash to pay for my daily expenses.
I'm in the market to achieve financial freedom. I know you guys are too if not you wouldn't be looking at my dam chart. So HOP on this GRAVY BOAT and let's make some money. I've made some people pretty rich. (i'm still a long way off) Come join and make some free $$$$.
Anti-Fomo Zone: Buy now around market ± a few pennies. You can lose a couple %'s, but if it breaks out you are in it baby! 10-20%
Buy Zone #1: 30-40% of buys positioned here. I'm more aggressive than others. This is if the chart breaks on the 4hr and I can see a small down on the Daily.
Buy Zone #2: Bottom of market? i have a 95% chance of saying yes. Only thing that can destroy the bottom of $6.27 is HORRIBLE HORRIBLE NEWS. ACB fucks up. Or Govenment does a 180 degree.
LONG TERM VALUATION:
STEP ONE: EASY $9.50
STEP TWO: $10-12 (6 months to 1 year out)
STEP THREE: Hold for 1+ Years. There will be ups and downs. Easily seeing this as a $20+ stock. ACB will need to do a stock repurchase or a reverse split to reduce the shares outstanding.