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DOGEUSD(4 HR) : DOGE finally recovering from the downtrendMarket in the last 24hrs DOGEUSD saw a consolidated movement in the last 24 hours with price moving between upper and middle Bollinger bands. Trading volume is very low in the last 24 hours which could suggest that investors are having doubts about the market which could have led to the current consolidated momentum. Today’s Trend analysis Upper and lower Bollinger bands have come very close to the middle line which is an indication of low volatility in the price. Due to this the resistance and support line have come very close to predict any particular momentum. But since the price is currently moving between the middle and the upper bands, we can expect the price to move in a consolidated manner with a slight indication of bullish momentum. Price volatility was low at approximately 4.52%, with the day's range between $0.253 — $0.275. Price at the time of publishing: $0.269 DOGE’s market cap: $35 Billion However, the Indicator summary is giving a 'BUY' signal on DOGEUSD. Out of 11 Oscillator indicators, 0 are giving a SELL signal, 9 are neutral and 2 are giving a BUY signal. Out of 15 Moving average indicators, 5 are giving SELL signal, 1 is giving neutral and 9 are giving a BUY signal. Traded volume has remained low in the past 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true. ---------------------------------------------------------------------------------------- The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles. ---------------------------------------------------------------------------------------- Any feedback and suggestions would help in further improving the analysis!
BITTREX:DOGEUSDLong
by Mudrex
15
BTCUSD: Accumulation Phase D to Complete & BTC Bulls rallyHi, don't forget to checkout other Previous ideas on BTC. One thing to note is that the Wyckoff Accumulation Structure about to be Completed as we are waiting for the confirmation of Phase D to complete then E then after the Bull rally will continue. Price has to break , close above and Re-Test @40653.34 for the market to continue with being Bullish. Checkout the previous Ideas as this is just an Update to them. PLEASE trade Responsibly and FOLLOW you own RISK MANAGEMENT.
BITSTAMP:BTCUSDLong
by Theofylrx
Predicting Elliot Wave and Fibonacci for the next WaveAfter completing the Cup and Handle pattern fully, it looks to me as if we completed a full impulse wave 12345 with a ABC correction. This perception is also supported by the perfect fibonacci levels. This suggests we are about to enter a new cycle. Since the Earnings report was incredibly bullish (25% sales growth, 49% earnings beat) and the surrounding news (new CEO from AMZN, new CFO from AMZN) is all very bullish, I expect another impulse wave to begin. We might have a flat correction in between first, but I don't expect too much downside. The next movement I expect a 1 wave retesting 300, but getting rejected, retracing to 240-260. Then we will see the long 3rd wave, achieving a new ATH, finally in the region of 620. Before I expected this to go between 600 and 800, so this is a fairly conservative estimation. The wave 4 correction will take us back down to the 400s before pushing for the wave 5 to over 1k. Important to note, that after this strong move upwards, we will see a triangle wave or running flat correction first, with 3-5 weeks of sideways trading. This will not invalidate the idea. Also another step backwards below 232 will not invalidate the idea, just change the numbers slightly. I consider this idea failed if we drop below previous wave 1 which is around 180.
NYSE:GMELong
by baumulrich
2