Technical Analysis 1. Market is overbought / Exhaustion on RSI and Fibonacci Level 2. The fall to 3.50 would create a Head & Shoulder 3. 1st Take Profit at 8.20 to expect the market to fall back to 6.30 in which we would re-enter for another buy to 16.30
H4 On D1, the cloud is directing downward, indicating a downtrend. The price also reached a downtrend line. Conclusion: Locally, we recommend selling when the RSI reaches an oversold level on the H4. H1 At H4, the cloud is directing upward, indicating an uptrend. A divergence has formed between the price and the RSI indicator. Conclusion: Locally, we recommend...
EOSUSD Short if price can't break the trend resistance along with pivot resistance ! >>Waiting for entry! Entry Price : 2.71__ Exit Price : 2.53__ Profit Target : 6.50% + (6.50% * 2X Lvg. = 13% Profit) Stop : 2.25% Expected time to make the target is 2day after taking entry.
Welcome to DACapitalTrading, We provide any kind of Technical and Fundamental Analysis for Forex and Crypto-Currency Markets every day! - 1 HOUR Slowly bearish moving market. 4 HOUR Bearish waves starting to form after prices made new highs. DAILY At strong resistance and psychological barrier right now, expecting some bearish pressure! - CRYPTO SETUP...
This is a great setup on EOSUSD. Wait for a break of pennant/triangle. Exit 50% of trade at TP1 and move stop to break even. Much LOVE<3 Follow for more trade ideas like this one!
Due to the strong Key Resistance 1, two outcomes are probable. One is to get closer to the resistance or two - drop down straight to the green area marked in the graph. Do you think it will go even lower or is it going back up?