Bitcoin has dropped strongly and is fast approaching major support at 15455 (38.2% Fibonacci retracement, 61.8% Fibonacci retracement, horizontal overlap support, bullish divergence) and a possible bounce could occur at this level. Our next major level of resistance is at 17929 (Fibonacci retracement, horizontal overlap resistance) and our next major level of...
Ethereum has dropped strongly and is bouncing off key support at 709 (61.8% Fibonacci retracement, 100% Fibonacci extension, horizontal overlap support) and a strong bounce could occur at this level. Our next major level of support is at 653 (Fibonacci retracement, horizontal swing low support) and our next major level of resistance is at 804 (Fibonacci...
Price is now testing major resistance at 87.81 (23.6% Fibonacci retracement, 38.2% Fibonacci retracement, 61.8% Fibonacci extension, horizontal overlap resistance) and a strong reaction could occur at this price. Our next major level of resistance is at 88.01 (Fibonacci retracement) and our next major level of support is at 87.34 (Fibonacci extension, horizontal...
We’re seeing strong resistance at 0.7698 to 0.7741 (50% Fibonacci retracement, 61.8% Fibonacci retracement, 38.2% Fibonacci retracement, horizontal swing high resistance, horizontal overlap resistance) and a strong reaction could occur at this level. Our next major level of resistance is at 0.7796 (breakout resistance, Fibonacci retracement) with our next...
Gold price is now testing major resistance area at 1261 (23.6% Fibonacci retracement, 61.8% Fibonacci extension, horizontal overlap resistance) and this is a key inflexion level. A strong reaction could occur at this level with the next major resistance at 1272 (Fibonacci retracement, horizontal pullback resistance, breakout resistance level) and our next...
Price is approaching an area of resistance at 16.31 (38.2% Fibonacci retracement, 61.8% Fibonacci extension, horizontal pullback resistance) and a strong reaction could occur at this level. Our next level of major resistance is at 16.63 (38.2% Fibonacci retracement, horizontal pullback resistance) and our next major level of support is at 15.62 (Fibonacci...
We’re seeing major resistance below 132.85 (Multiple 50% Fibonacci retracements, horizontal overlap resistance, bearish price action) and a strong reaction could occur at this level. Our next major level of resistance is at 133.21 (61.8% Fibonacci retracement, horizontal pullback resistance) and our next major level of support is at 132.05 (swing low...
Price is now reversing nicely below our major area of resistance from 0.7042 to 0.7084 (38.2% Fibonacci retracement, 100% Fibonacci extension, horizontal overlap resistance). Our next major level of support is at 0.6823 (Fibonacci extension, horizontal swing low support) and our next major level of resistance is at 0.7214 (Fibonacci retracement, horizontal...
Price is now testing major area of support from 1.3312 to 1.3300 (50% Fibonacci retracement, 76.4% Fibonacci retracement, Horizontal overlap support) and a possible bounce could occur at this level. Our next major level of resistance is at 1.3457 (Fibonacci retracement, horizontal swing high resistance) and our next major level of support is at 1.3210 ...
We’re seeing major support at 1.1722 to 1.1710 (61.8% Fibonacci retracement, 61.8% Fibonacci extension, 100% Fibonacci extension, horizontal overlap support) and a strong bounce could occur at this level. Our next level of major resistance is at 1.1842 (Fibonacci retracement, horizontal overlap resistance) while our next major support would be at 1.1675 ...
We’re seeing major support at 131.73 (Multiple 100% Fibonacci extensions, 61,8% Fibonacci extension, horizontal swing low support) and a possible bounce could occur at this level. Our next major level of resistance is 132.73 (Fibonacci retracement, horizontal swing high resistance) and our next major level of support is at 131.16 (Major swing low...
The dollar index is bouncing strongly above major support at 93.39 (Multiple Fibonacci retracement, Fibonacci extension, Horizontal overlap support, bullish price action). The next major level of resistance is at 94.28 (61.8% Fibonacci extension, 100% Fibonacci Extension, Horizontal overlap resistance). The next major level of support is at 92.26 (Fibonacci...
Silver is seeing major resistance at 16.313 (38.2% Fibonacci retracement, 61.8% Fibonacci extension, horizontal pullback resistance) and a strong reaction could occur at this level. The next major level of resistance is at 16.639 (Long term 38.2% retracement, horizontal pullback resistance) and the next major level of support is at 15.62 (Fibonacci...
Gold is seeing major resistance from the 1261 to 1265 area (23.6% Fibonacci retracement, 38.2% Fibonacci retracement, 61.8% Fibonacci extension, Horizontal pullback resistance) and seems set up for a strong reaction. The next major resistance would be at 1272 (Fibonacci retracement, Horizontal breakout level) and the next major support would be at 1237 ...
BTCUSD is seeing major resistance at 17347 (Multiple swing high resistance, Short term Fibonacci extension, Long term Fibonacci extension) and a strong reaction could occur at this level with the next major support being at 15975 (Fibonacci retracement, horizontal overlap support, price action rejection.
We can see NZDUSD approaching a major area of resistance from 0.7040 to 0.7080 (Multiple Fibonacci retracements, Fibonacci extension, horizontal overlap resistance). A possible reaction could occur from here with the next major level of support at 0.6823 (Fibonacci extension, horizontal swing low support). Our next level of major resistance is at 0.7214 ...
We're seeing a nice head and shoulders reversal setup with the major level of support at 15975 (Fibonacci retracement, horizontal overlap support). Upon the break of this level it would suggest a head and shoulders reversal pattern is completed. The next major level of support would be 14605 (Fibonacci retracement, horizontal overlap support).
The crypto currency boom opened a new chapter on Monday with the start of trading bitcoin futures on the CBOE Chicago Stock Exchange. The price for a contract with the delivery in January started from $15.460, but soon it soared to almost $ 19,000. The volume of contracts almost reached 3000 at the time of writing the article.
The pricing of futures proved to be...
