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Is MATIC (in 2021-22) following ETH's path (2017-2018) ?It's fascinating to see how MATIC's weekly chart has remarkable similarities to ETH's 2017-18 run. If it continues following the same pattern, what comes next should be a 'blow off top' run to the peak of the cycle. Taking some cues from ETH, it looks like Matic broke out the consolidation range, retested it and is bouncing off nicely. As long as BTC doesn't nuke and the breakout and retest of prior resistance holds, Matic bulls look like they're back in the driving seat. If you like the analysis, please give us a like, share, comment and follow so that we keep more good content with the crypto community. Cheerz and happy trading! :-)
MLong
by CryptoGaga01
2
Don't miss the great buy opportunity in ETPBTC Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.00001340). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . ETPBTC is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 83. Take Profits: TP1= @ 0.00002240 TP2= @ 0.00003200 TP3= @ 0.00003800 TP4= @ 0.00004450 TP5= @ 0.00005000 TP6= @ 0.00005640 TP7= @ 0.00006470 TP8= @ 0.00008600 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
ELong
by ForecastCity_ME
14
There is a trading opportunity to buy in ARKETHTechnical analysis: . Ark/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 25. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.002820 to 0.002430). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.002820) Ending of entry zone (0.002430) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons : Take Profits: TP1= @ 0.003340 TP2= @ 0.003770 TP3= @ 0.004209 TP4= @ 0.004965 TP5= @ 0.005706 TP6= @ 0.006905 TP7= @ 0.008110 TP8= Free
ALong
by ForecastCity_EU
A trading opportunity to buy in XMRUSDTechnical analysis: . MONERO/DOLLAR is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 46. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is still a possibility of temporary retracement to suggested support zone (130.00 to 106.00). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (130.00) Ending of entry zone (106.00) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 149.00 TP2= @ 169.00 TP3= @ 192.00 TP4= @ 228.00 TP5= @ 258.00 TP6= @ 298.00 TP7= @ 331.00 TP8= @ 378.00 TP9= @ 469.00 TP10= Free
KRAKEN:XMRUSDLong
by ForecastCity
A new trading opportunity to buy in EOSUSDTechnical analysis: . EOS/DOLLAR is in a range bound and the resumption of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 47. . The price downtrend in the daily chart is broken, so the probability of the beginning of uptrend is increased. Trading suggestion: . If you missed our first HUNT, you have a second chance to buy above the new suggested support zone. . There is still a possibility of temporary retracement to suggested support zone (6.95 to 5.84). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (6.95) Ending of entry zone (5.84) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: New Take Profits: TP1= @ 9.25 TP2= @ 10.43 TP3= @ 11.72 TP4= @ 12.86 TP5= @ 14.80 TP6= @ 16.75 TP7= @ 19.53 TP8= @ 23.03 TP9= Free We opened 6 BUY trade(s) @ 4.6108 (day close price) based on a reversal candle ( Hammer ) at 03.18.2018 in our previous suggested support zone (5.18 to 4.43). Total Profit: 8041 Closed trade(s): 366560 Profit Open trade(s): 36891 Profit Closed Profit: TP1 @ 6.9500 touched at 03.21.2018 with 23392 Profit. TP2 @ 9.5700 touched at 04.20.2018 with 29592 Profit. TP3 @ 11.7200 touched at 04.22.2018 with 71092 Profit. TP4 @ 14.8000 touched at 04.24.2018 with 101892 Profit. TP5= @ 18.6700 touched at 04.24.2018 with 140592 Profit. 23392 + 29592 + 71092 + 101892 + 140592 = 366560 Open Profit: Profit for one trade is 8.2999(current price) - 4.6108(open price) = 36891 1 trade(s) still open, therefore total profit for open trade(s) is 36891 x 1 = 36891 All SLs moved to Break-even point. Take Profits: TP6= Free
BITFINEX:EOSUSDLong
by ForecastCity
1
There is possibility for the beginning of uptrend in PIVXBTCTechnical analysis: . PIVX/BITCOIN is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 31. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the beginning of uptrend is increased. . There is a valid and clear divergence in the price chart so the probability of the beginning of uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.000278 to 0.000232). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.000278) Ending of entry zone (0.000232) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.000337 TP2= @ 0.000385 TP3= @ 0.000416 TP4= @ 0.000473 TP5= @ 0.000528 TP6= @ 0.000596 TP7= @ 0.000695 TP8= @ 0.000795 TP9= @ 0.000936 TP10= @ 0.001116 TP11= Free
Long
by ForecastCity
A trading opportunity to buy is near in BATBNBTechnical analysis: . Basic Attention Token/Binance Coin is in a range bound and beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 38. Trading suggestion: . The price is in a range bound and we forecast the uptrend would begin. . There is a possibility of temporary retracement to suggested support zone (0.01470 to 0.01270). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.01470) Ending of entry zone (0.01270) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.020 TP2= @ 0.024 TP3= @ 0.029 TP4= @ 0.033 TP5= @ 0.037 TP6= @ 0.052 TP7= @ 0.064 TP8= @ 0.076 TP9= @ 0.093 TP10= @ 0.115 TP11= Free
BLong
by ForecastCity