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Box-breakout

Pressure may form this triangle congestion areaSince okex withdraw is blocked yesterday, Bitcoin drop sharply almost 200 dollars in 1h. but this kind of negative new doesn't affect too much to Bitcoin, the price has come back to 113xx when the day closed yesterday(still in the box), which will be a bullish sign for the long term market. I expect the break out of the box will happen before week closed, since two time tries to break 115xx have been made. the accumulation is strong enough here and stoch RSI looks bullish also(please check the previous analysis for box breakout). 4 hour bar bullish, which will make the third try to reach 11500 in next 4h, if the break out is strong enough, it will try to reach 11600, even 11800. but day bar bearish and a triangle congestion area seems to form here. thus if it fails and drop below 11300, it will try to reach 10800 there, which will make triangle congestion more convincible. resistance: 11500, 11630, 11830, 12000 support: 11300, 10800, 10600
BITSTAMP:BTCUSDShort
by DDDiving1993
1
EURUSD On The Bottom Of The BoxHi Guy, As you can see, the FX:EURUSD is stuck in a box since few weeks. The best scenario to buy the pair for a LONGTERM Bullish trend will be if the price get out of the box crossing our favorite 200 EMA line. It will be a big signal for long position . For the moment, we dont know if the price can go lower or if buyers will push it to the top of the box. (so be care full) My scenario (green arrows) will be the best Opportunity if you a re patient. What do you think about the pair ? tell me on comment section. Feel free to subscribe and like my post ! :) Have nice weekend Simple analysis, simple chart, no bs indicators is the key.
by The_Shiney_Bull
1