can we see btc hits 4140 then back to 3480-3650 ranges !! ideas :)
ETHUSD Update: 241 Pivot resistance taken out in one day. This price action tells me that real buying has returned and that the possibility of trending back up into the 300s or higher has returned. The 241 Level is the .382 of the recent bear swing. Even though price has retraced off this resistance, the fact that it was still compromised signals that the...
Based on Dow Theory analysis and my own studying of how the bottoms are formed AND the sentiment of the r/ethtrader community (which is by far the easiest way to gauge sentiment of the majority of ETH userbase) I believe that we are nearing another local (or global) bottom, and I expect the price to shoot up at least $80+ upwards from one of these levels (they...
ETHUSD Update: 207 resistance that I reported yesterday clearly held and selling momentum ensued. Bears are still in control for the moment. And with the additional price structure in place, there is more information to consider. Overall, this market is consolidating which is noted by the converging trend lines. No surprise since there is a ton of uncertainty...
ETHUSD 0.01% Update: Bearish momentum continues on the near term. The break of the 250 to 240 area (red arrow), and continuation of new lows signals a change which is likely to be thrusting this market into a broad consolidation. In order for this market to PROVE that there are any chances of a significant bullish retracement, the 245 resistance level needs to be...
SPX: Do not be fooled by the near term bearish momentum, the major trend that has been pushing this market higher since November is still intact. June 16th was the most recent swing high, and the current peak of the major trend. Since then price has pulled back to the 2410 area, with yesterday being the second time. 2414 is a .382 support from the most recent...
The EURGBP has just respected a very old and solid looking support level (label A). This level has been respected four or five times since July 2016. This level suggests buying positions. The upper descending trend line (label B) suggests resistance points. Using those levels as entry and exit points with a stop loss just below the lower extended support line...
The price of silver has reached a level where a minimum has been previously marked. Possible rebound begins to mark a rise in price.
Price hitted daily support level. We can expect some rebound in this pair till bearish hourly trend. Then, if price breaks it, we can project it till 61,8 of fibonacci retracement.
Hi everyone! Just wanted to share this idea and the technical analysis with you. Looks like the price is following the weekly dynamic (moving) support level and recently we have witnessed another bounce from that support level. My expectations regarding this pair are the same as before. I still want and hope it to reach 0.77783. Green lines display my vision of...
Will resistance be respected or ? - Major bullish engulfing candles in the mix. - EMA's look like they may cross soon indicating a change of trend. The next candle close could tell us what we need to know.
After suffering a great decline and lasting a few days consolidating GbpAud finally made some significant movements up, in my case, no operation will be open until knowing its next step since that support there has been quite strong in the last weeks, perhaps it'll retest it again and fail in which situacion I'd go for a sell, but if the 4 hour candle closes above...
nice rejection at Support and Resistant level