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Weeklyanalysis

Overview: Does 30% correction it's enought to stop and bought?At the moment, as we see in Daily and Hourly timeframe, this it's very important for Bitcoin in long term looking to weekly timeframe. I have these 2 perspective so possible for the Bitcoin price. My first perspective it's that Bitcoin its right now in the possible correction of 30% to stop this correction in the level of $42,000 USD and well, in this zone it's a key point to bought in this level to make trading. In case that Bitcoin break out the $42,000 USD, we can to see a strong correctio toward the $29,000 USD approximately and that it's a correction of 50%. For that, this it's my bearish setup plan in case that Bitcoin break down the $42,000 USD key support. And finally, I want to share you an interesting data that in the past on the previously bull run of Bitcoin on 2017 we have the similar event that was occur in the same months in February 2017, now we are in February 2021 and we see that this it's repeat the same movement what Bitcoin do in the past. For that, I share you this screenshoot what I analyze it for you. Guys, if you found out that this idea it's sound interesting, I invite you to share this analysis with others people, traders and investor who analyze BItcoin or have a simiar plan, and also to sum my followes who follow me in my trading view, in the past 2 days I overpass the 1,000 followers, and overpass the 4,000 points ot my trading view reputation. That's excellent for me to work my talent.
COINBASE:BTCUSDLong
by harisonhbn9718
2
I bought EOS contract for this bullish panoramic!!!I want to make an overview of macrotrend to know what it's the next movement on EOS. There's an intersting movement what EOS can to make in the future following this model and market structure in the weekly chart that I draw with blue brush. As we look, this it's so bullish for this crytpocurrency in the next weeks to months. And we break out this ascendent triangle of accumulation. For that, I decide to bought 400 EOS contract in my Ethereum account and 150 EOS contract in my Chainlink account, both in my broker what I choose Simple FX . Remember, you can to trade Forex, cryptocurrencies, stocks, commodities and others financial markets. But just, I use this broker to trade crytpocurrencies. Now, I change my Cardano contract for EOS because EOS it's in the lower zone of accumulation than Cardano, that it's very soon to break out the maximum historic. For that, EOS it's a great opportunity to accumulate or bought. I'd reccomen to trying to bought EOS contract, and this it's all, you don't need to make nothing. But, I see in my opinio that EOS it's not bearish, it's extremely bullish toward the long term, and for that I decide to chagne my Cardano contract for EOS contract based in what EOS it's in the good and excellent point to accumulate, and also, the fundamental analysis are very good. And finally, this it's the monthly chart, I want to show you this forecast price what EOS it's so prepared for the next bull run that it's begining in the next weeks to months. I have these targets: $100 USD, $300 USD, $500 USD and $1,000 USD Guys, if you like this overview, I invite to share this analysis with your friends, tradrs or people who hold EOS!!! And soon, I will going to take time to create a new topic of EOS about what it's this crytpocurrency.
BITFINEX:EOSUSDLong
by harisonhbn9718
15
Long continuation for BitcoinAccording to weekly chart analysis of BTCUSD, we can see a well worked rising channel in long term run. I marked how this trend lines react to price every time! Now it seems price is going to touch upper trend line again which is around 120.000$. Weekly candles are strong bull and market are heating up more and more with news and people attentions... So according to past price volatility of Bitcoin and what I said above, price target would be accessible in few month. * This is an analysis and is not a signal to trade
BITSTAMP:BTCUSDLong
by MoriFX
1
Are you prepared for the next movement!!! Bitcoin to the moonIn this analysis, I want to enfocous more in macrotrend analysis and we see with clear perspective that Bitcoin it's follow the trend. At the moment, as my target it's around of $41,600 USD, I will going to large my target toward the $60,000 USD. As we break out this bearish channel, the trend it's so bullish. Also, looking this date and time range, that I use to measure the percent of any correction and increment, we see that Bitcoin was a under correction of 30% in the past days, now I have a forecast of 75% of increment of the price toward the $60,000 USD soon Also, noticed that in this timeframe I use a Fibonacci level and we touch the 0.382% of Fibonacci, so that was a good support to bought Bitcoin at near of $33,000 USD. My entry was around of $34,500 USD when Bitcoin in the past days was manipulated in hte same news and I believe in the past that Bitcoin it's going down toward to find below level at $27,000 USD at least, in the 0.618% of Fibonacci as second point to bought Bitcoin. But nope, we touch the 0.382% of Fibonacci and we're going to the moon!!! Also, I show you my Fibonacci trend that I mark these 5 targets, but my specific target it's the $60,000 USD. that it's could become a high impulse to bulls in the next days. So, also, another indicator it's to check out the Bitcoin dominance if have be the control to the dominance. And in wekly chart, this it's one of the important chart to take noticed in it. Guys, if you found out that this idea it's so interesting for other traders, please comment below what do you expect in Bitcoin and some altcoins if you're interestng to comment. Remember, I'm in profit in these altcoins right now: Bitcoin, Litecoin and Cardano. I keep this position for now. I know that Ethereum it's explode, but I don't going to make another 4th entry, the maximum that I can to trade based my trading plan it's 2 to 3 trades, not more.
COINBASE:BTCUSDLong
by harisonhbn9718
2021 Looks Bullish For ADA/Cardano - Weekly OutlookBITTREX:ADAUSDT - 1W I traded ADA during the first week it was on Bittrex and its had my attention since. Sometimes its good to take a step back and look at the big picture. After closing a nice IH&S trade I thought Cardano deserved a review of its long term prospects. If it can clear this $.40 hurdle, it's looking incredibly bullish. A potential cup & handle, forming since April 2018, is nearing completion. Looking at the volume now, it's nearly half of what it was ranging at during 17/18. Taking a step away from the chart, since April 2018 we've seen: ADA staking at ~5.x% Mary & Goguen nearing launch, which will spawn DApps/low fee DEX. Bull markets for stocks & metals. Central banks wojacking their money printers Regardless of what happens to ADA's price in the next week or two, it is going to start to see usage that will initially be a fraction of Ethereum's. Yet as more projects launch or port, you'll see incredible organic ADA demand for fees, token creation, DApps, etc. This is going to be a massive driver of volume, and you would expect price. DEX/yield farming was huge throughout 2020, and the worst part of it all has been gas fees. Gen 3 blockchains are solving this issue, and ADA is in that category. It will continue to chip away at ETH's usage volume as it penetrates new markets in Africa while maintaining a first world audience. There's exactly zero reason to think ADA's demand will drop over the next 18 months, and that is only compounded by the craziness of the world. Back to the chart, once $.40 is sustained, the coin won't see any resistance until just under $.52. Once that hurdle is cleared, it's smooth sailing until the choppy waters of $.65-$.70. The lines notated on this weekly chart were drawn from daily candlesticks. The chop area is full of various wicks and closes. Unless ADA just blows right past it, it's going to cool out in that zone for a week or two...or three. Should it blow past $.70, which is entirely possible if timing coincides with the US rolling out trillion dollar projects, $.90 is the last stop before ATH. ADA launched at the right time in 2017 to catch all the bull fervor. It shot up and shot down very quick, leaving little in the way of firm supports/resistance. If you take anything from this idea, know that $.90 is the one place ADA can lose steam for a period of time. ATH was a long, single wick. It presents little in the way of real resistance and will likely get obliterated when the time comes. 5x'ing the prior ATH would put it at $6.90. Link just 5x'd its prior ATH set in June '19. At the time of writing ADA is at $.385. This is not investment advice and trading cryptocurrency is high risk.
Long
by LoDoCrypto
LINKBTC is ready for 0.001 🦐$LINK.X bounced on weekly dynamic support. The price now it testing daily support. IF the price will have a breakout upward, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
22
CHF/JPY Analysis Jan. 24, 2021Welcome back! Please support this idea with a LIKE if you find it useful. ** If price breaks key weekly resistance, it may rise to the 1860 resistance level. We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian Kenya Horton, BK Forex Academy
by BKTradingAcademy
Bitcoin oversold .. will it correct? Lets see..Just an idea but you can see how heavily over bought BTC is on the weekly .. currently over the 90 RSI. You can see that I circled other RSI periods where Bitcoin was over a value of 90 and how it soon corrected afterwards.. the longest period Bitcoin hovered over 90 RSI was in the 1st 'bubble' which lasted for seven weeks before taking a dive. Same thing with the 2nd 'bubble' which also lasted 7 weeks. 3rd bubble lasted 2 weeks. In our current state of being over bought, labelled 4, we are 2 weeks in an over bought RSI over 90. If Bitcoin is nearing a correction then $19k support would be a good area to add buy orders, also the golden ratio fibs. A correction might not come for a few more weeks as per the first and second RSI bubbles show but that was when Bitcoin was a hell of a lot cheaper than it is now, so it makes sense that people would begin taking profits a lot sooner today. After a 920% gain since March, I don't think a 50% correction is out of the question but we will see!
BNC:BLX
by Secret_Cervix_Agent
2
Is Consolidation Showing Signs of a Drop Coming?Price looks like it's showing fatigue on the daily and is consolidating for a potentially nice drop this week. This will most likely move as a giant pullback before continuing up, but it'll be a few hundred pips before it continues. Otherwise, I have to see is it going to do a fakeout to the weekly or actually bust through it. We're about to find out. BEAR TPs: • 46.93 • 46.20 • 45.72 • 44.67 • 43.90 BULL TPs: • 49.76 • 50.26 • 51.23 • 52.34 • 53.40
TVC:USOILShort
by NikaJourney
GBPAUD- Weekly AnalysisHappy Sunday to you all, Definitely was a weird week last week for GBP. What I think will happen when the market opens is price will gap back down to where it gapped from last week, which it never retraced back to. Even if it doesn't price will rise then eventually retrace to that area for sure! I personally have never seen anything happen like this, where price doesn't retrace to where it gapped from within the same week. So what i'm expecting this week is price will retrace and rise just like it has previously at this area a few other times. If price was to take on the bulls price is definitely headed to 1.80000+. I will be updating/posting this pair all week so stay tuned, I feel a good week is ahead of us!
Long
by lobfxempire
GJ Weekly Analysis! *Big week ahead!*Happy Sunday to you all! *READ ENTIRE ANALYSIS* Price is creating more higher highs, higher lows, and looks to be about to reach the resistance line just above the 78% on the Fibonacci Retracement (Blue Line) which is around the price of 142.825. What I see CAN POSSIBLY happen is price creating a bearish 3 drive strike pattern *Red cirlces* once it reaches the resistance line which is why I have the long dark red path line from resistance all the way to the 0% on the Fibonacci Retracement. I've put my predictions on the chart for if price was to go up or down from where it is now, and right now i'm leaning more towards the bulls, based off what i'm seeing at the moment, and also what price has done in the past. The green circles indicate where I personally will be looking to execute on GJ if obviously the market plays out how I see it playing out. Goodluck with this pair if you are trading it this week! Leave a comment below if your trading GJ this week, and leave a like if you agree with my weekly analysis
Long
by lobfxempire
2