Daily ZRX Chart Hi Folks
Here is my take on the daily ZRX chart on Gemini please feel free to comment and like the support is appreciated. Not financial advice make decisions off and from doing your own research.
Dailychart
every bear is going toget curb stomped!!!!!!!!pretty self explanatory ... like my mama would tell me when i was a wee lad the more you explain yourself the less they believ you... just look at this my analysis is simple logic! every monkey with a quarter of a brain can see this ...
How to be prepare if Bitcoin make correction toward the $24,300?At the moment, I'm bullish in Bitcoin, but I can't to guarantize you if you see in H4 timeframe that we drop another 3.11%. So, that it's so normal, but in some ocassion people did make to sell Bitcoin or put in short position. That it's the way incorrect when we are in the bullish trend.
But looking in H4 timeframe we see a good support at $28, 420 USD that in the past 4 hours was break down without any confirmation. So, at the moment, we would need to still pending one thing in H2 or H1 timeframe if Bitcoin have possibilities to another drop. But I believe that Bitcoin continue up because the trend it's so bullish and my next target wil be the $30,000 USD exactly.
For you, I reccomend right now to put a break even exactly at $27,000 USD to protect your earns from $26,300 USD, we are in good profit earning money in the cryptocurrencies.
Now, Daily chart it's important because we see that Bitcoin still bullish and today that was a little correction of 3.11%, but I believe that Bitcoin have more potentail to continue up than drop.
Now, at the moment, Bitcoin it's above of the manipulation key at $28,420 USD, so it's very important for Bitcoin to still this support key.
Don't put any short position or closed up any long position, please keep the trade becuase Bitcoin still bullish
CARDANO Daily UpdateAccording to the weekly timeframe and ascending channel and also Ascending triangle, CARDANO can Reach the points that i have mentioned in the chart.
Next Target for LTCUSD is 182.00LTCUSD broke blue trend line. LTCUSD immediately retested trendline on next candle. LTCUSD broken horizontal line at price level 95.00. LTCUSD retested horizontal line with a rounded retest. LTCUSD hit target at 138.37. (Kraken Price Chart)
Note: Zoom out to view entire trend line.
Note: 95.00 Price Level is from Monthly and Weekly Chart.
GBP JPY - Brexit yes to 145+Outcome for a Brexit 'Yes' vote.
As we come into the holiday season - there is important volume to note here, however the major players are positioned for either way.
We have the purple buy zone, which price has seen a nice consolidation with some rejection wicks.
Using the fibonacci - we have our level targets at -0.618 to hit the monthly zone at 145.5 and our first target at -0.272 at 143.4 zone.
Provided the probability seeing further buying power.
We will see a huge engulfing candle.
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BTCUSD: Bears are chilling around the corner. My personal reading from the MACD and RSI is that we are going to face a slight time recession until the first two weeks of Jan. However, similar to early August a %5 to %10 decrease seems to be probable in the next few days. In my opinion, this is a great time for those who can take advantage of these slight oscillations and daily traders for the next 2 weeks.
ETHUSD retesting 500$ ? Last time we had a wedge on the 4h chart and it went bearish.
Time for an analysis on the bigger picture on the daily chart:
- closing candle below the 21 EMA.
- RSI touching on the 50.
- MACD crossing bearish.
Next support level is around 540$, but imo we can go lower to retest 500$ (ofcourse a big even number).
It's close to the green support line, would be a healthy touch before we go back up in the long run.
So are we getting into a potential buy-in zone?
NZD/USD I ANALYSIS Dec. 20Hello Traders, here's an analysis of this pair. Let us know in the comments section below if you have any questions or share your thoughts.
Red is sell zone, white it take profit zone, and grey is buy zone (if shown).
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Chainlink show a reversal toward $11.80 USD!!!in this technical analysis, Chainlink it's still showing a bearish price action that speak us and we would need to take watch out this hide side that people don't understand.
So guys, first we see in 3 Daily chart that Chainlink was break down a past bullish channel and then, we are entry into a new down of the trend maybe to take a good short opportunity.
Now, the only consequence it's in Daily timeframe that I want to enfocous in this part. My other expectative are these targets to reach down. The target's are $11.80 USD and $10.50 USD. And also, my other perspective it's that Chainlink could formed a possible bullish rising wedge and that it's good, because we could to entry in this accumulation zone to continue accumulating Chainlink if you're not buying yet. But, if my prediciton it's okay that we're form a bullish rising wedge, we could see a good profits to reach up in the medium term. But the only evidence it's that price action in H8 or H4 show sell inminent.
Look, an example of H8 it's that show bearish price action reversal, so guys, we hope that Chainlink goes to the $11.80 USD, that it's my first target to reach down!!!
BTC correction (daily)
1. Breakouts have two component: breakout candle(s) and confirmation candle(s); confirmation = the opposite of trend ---› correction
2. The acceleration shows a crazy psychology behind the scenes, thats why the correction follows the acceleration
3. RSI bearish divergence
The 50-61.8% zone of the break out wave is important, but I think the correction of ATH will convert the euphoria of ATH to panic, therefore I think the correction will bigger than the 50-61.8 zone. The weekly chart shows a normal breakout candle, the next week can be the confirmation.
*LTC=level tester candle
XRP Spring Is Set --> Soon To ReleaseDaily chart showing major consolidation over the last few days.
We are set to make a big move very soon.
This trade could go either way but due to where we are in overall crypto market cycle (dominated by BTC and its 4 year halving's) I think the Bulls will regain control of this market for the foreseeable future.
Corrections and sell offs will happen. They are opportunities to take profits or increase your position.
Santa might bring a little gift called xrp moonshot but only if Mrs. Claus allows....
TIME WILL TELL ALL.
Best wishes.
Target 1.2300Bullish bias on EURUSD remains as long as price does not close (with bearish candle!) below T-Line (8 daily EMA) on daily chart.
For educational purposes only!
GBP AUD - brexit boost or slump?Hello traders and analysts,
Here is our Daily timeframe scenario -
With the strong Aussie position against the USD - we can see into 2021 - the aussie maintaining the strength.
However - the fundamentals can show a good brexit outcome will advance the GBP back to 1.84 zone
In the meantime the monthly shows the monthly zone between 1.67 - 1.62 for the GBP AUD so keep in mind this can be a long term point of overall bearish bias. But if price shows us on the weekly within the green zone - break or bounce (so far bonce) - await the weekly close to determine an entry point on the higher time fame.
all the best,
Team Lupa.
