EURUSD (D1) in another world!ICE: FX_IDC:EURUSD in another world!
If this happens, it will be very interesting as the euro exchange rate appears in a standard pattern of narrowing the fluctuation range.
Fluctuating
Follow the eye @elonmusk @BillyM2kPrices going up and down: it's called "price fluctuation" and use to be driven by financial speculation. Prices and rates change as supply or demand changes. If something is in demand and supply begins to shrink, prices will rise. If supply increases beyond current demand, prices will fall. If supply is relatively stable, prices can fluctuate higher and lower as demand increases or decreases.
In the chart there are 2 Median Lines and 1 Fan - Dr. Alan H. Andrwes style - and... a smiling dog!
Maybe U can use the levels in this chart to track the future price fluctuations.
Enjoy!
This chart Update of
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Finally Good News For PolkaDOT!The price has been respecting an increasing trendline since it has begun the bull run. On 22 February, the price has experienced a very strong rejection of this trendline, and also around 22 march, a rejection is noticed. All this adds confluence to the fact that this trendline has become support. From 20 February till 20 March the price has failed to break a strong support zone (drawn in grey) many times and kept bouncing between 31$ and 37$. Recently we noticed a breakout of this zone where the bullish candles closed above this zone and now the price is testing it which transforms the old resistance zone into a support zone. The price can have a bullish run either soon or until the price touches again the trendline.
Head and Shoulders to $0.77??On the 1H chart, Xrp looks like it is developing a Head and Shoulders pattern. With the CCI looking Bearish but still hovering around the 100 mark and not dropped dramatically to 200 as of yet, a big swing down could be coming. However, if good news from CNBC's 'Fast Money' has good things to say about Ripple and Xrp, it could consolidate sideways about $0.90 and maybe rise in the near future.
However, the Head and Shoulders and pattern, if confirms below the neckline, could fall to $0.77 which happens to be the next support line from the 8th February. This is also the distance between the middle of the neckline to the head of the pattern. Confirmation is key.
It needs to have a close eye on it because the media could influence this either way.
This is my opinion. I am not a financial adviser. This is for analysis and educational purposes only. What you do do with this information is up to you.
Which trend will prevail?The Pivot Point System in this idea is from yesterday.
Inside the blue area: On Wednesday, the red dashed down-trend-line, the blue dotted uptrend-line and the Pivot Point at 11366 crossed in one point. Today, the red dashed down-trend-line and the green dashed uptrend-line will cross. It is very unlikely that BTCUSD can break these triple and double resistances right now. The opposite is the case. The price of Bitcoin was sent down towards the 10128 support. Today, BTCUSD will remain fluctuating between support 10128 and the red dashed down-trend-line.
An outbreak on the lower side would establish a target at 5511.
A lazy Sunday and Bitcoin has no directionPivot point is at 8596. Below the Pivot point, there is a bearish scenario, above a bullish one. Fluctuating around Pivot point means an undecided scenario and a sideways movement.
The price of Bitcoin has no direction right now. Already for the whole day, it is fluctuating around support S1 level. I expect this to continue for a while. Maybe in the evening that we see a move in either direction.
I stay away from trading today.
