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The crude broke the upward resistanceThe price of crude broke and confirmed the upward break of the resistance area between the low area identified by the two EMA 20 and 200 daily periods. Two EMAs have crossed upwards, at about $ 59.20, and the high zone, where finds at 61.60 $ the 23.6% of the Fibonacci retracement. From resistance to support  Technically all these resistances have become key supports, if they were violated to the downside, would resume the downtrend that began in October last year. At this moment, however, the trend seems to be at least long in the short term. The next target for crude oil should coincide with the static resistance at 66.10 dollars per barrel. From the current price, to the resistance just mentioned, there is only a minor level that could hinder this uptrend, the secondary resistance placed at $ 63.45. In any case, for now, it seems more likely that it will continue for the 66 $ rather than retrace it back into the 59/58 $ area. Fundamental view  On a fundamental level, the data on inventories continue to not improve, with important quantities still kept in storage because of  the low demand. Production shows no sign of stopping. Despite this, the price of oil continues to rise. If it reaches 66 dollars per barrel, we will evaluate the possibility of entering short and keeping the position in the portfolio for a prolonged period.
NYMEX:CL1!Long
by BFCMInvest
GBPJPY - Still bullish Hello, We are bouncing on the 0.618 on the daily chart. It is a bullish sign for me, as even the bad news of this week didn't managed to push deeper that pair. Entry : 144.30 Take profit : 149.02 Stop : 143.73 Risk/Reward ratio : 7.7 Historically, the pair is still at a very low level. It could be a nice long, especially if we get good news in the coming weeks about Brexit. I aim for a retest at least of the previous top around 149. MACD just resetted to 0 level, it's a healthy move if it bounces up here. If you made money on this trade, please mind dropping a like :)
Long
by Le_Halimou
Buy EURUSDEURUSD is bouncing from the ascending trend line on daily time frame supporting the bullish view on the short term. SL should be placed under the 1.12 level. ECB will announce its rate decision tomorrow, although the inflation and growth risk are skewed to the downside but Q1 data is weak and could make Mario Draghi express his concern about economy losing its momentum which could put pressure on rate hike in 2019 summer expectations, and leaves the door open for additional easing measures. albeit I would prefer buying the pair from low level rather than selling it. Goodluck
Long
by Assem_Mansour
Rare crossing : huge move?I've never seen such a pattern in the S4W Horizon indicator. It's really a very tight crossing that is happening. I think it's an ignition point to something big to occur. So based on my analysis, I won't be surprised to see an important bullish move. But I think also there is a correction, unfortunately to occur at 3850 USD. Right now the S4W Horizon indicator is still bullish, let's see if that micro-crossing is talking for a big up move or for something else. Right now, as I said, I don't have a clue, since it's new. but I think it's an important moment that occurs since that crossing is showing up. I can't tell more. Let's watch. Don't take my words for granted, analyze, analyze, then trade at your own risks PS: if you like my analysis, join to get more analysis. I like to be Liked too (like/2/B/Liked/2)
BITFINEX:BTCUSD
by Atemak
4
LTC / USD Test Support at $50 then on to $60 LTC / USD as I predicted in my last analysis has started to make a small correction on the 1 day chart. We are seeing a drop to $53 and our closest support will be the $50 range, where the bottom of the upward channel is in blue. As I depict with the arrows, the directionality could still be upward in the following days and week. But for now there is a good chance we see $50. Where before this was a huge resistance now it has become a support. The top of the channel is in the $65 range. If we see a large bull movement at the support we could see a push to $65 but that means we would have to break a huge resistance at $60 so it is best to sit back and watch. The next thing to watch out for in this case is that $60 is held by the bulls then we can start looking upward more. However, in the recent analysis I posted I also stated that without the support of the larger coins or in general the rest of the market it is unlikely LTC will progress alone. If we see the support of the other major cryptos then there is a good chance the bulls can regain control. I would not hold my breath on that happening though. I am very much a beginner and just want to make observations and learn from them! My simple analysis is for fun and learning, please do not make trading decisions based on my observations - like I said I am just a beginner. Thanks so much for reading my analysis, please follow me and like my post! - Max K.
KRAKEN:LTCUSD
by MaxKoke
Medipharm Labs Technical Analysis 16.02.19Dear Traders, What a run for $LABS! I'm very happy for those who entered a long position around 1.95C$ you did an excellent job. $LABS also retraced a bit after that first leg up, but the bulls are strong and a nice reversal occurred! What now? Well, we did finish the week in a strong way, and indicators are showing buy signals all other the place. $LABS recently announced great news, and there is plenty more to come! Let's see what next weeks bring us! I'm still holding my position through the weekend, I'm very confident there is another leg up brewing. Price Target: 3C$
LLong
by Raw_Blitz
2
Diamond bottom has triggered with a 1hr chart goldencrossAlthough here on the 4hr chart the volume does not look notable, if you zoom into the 1 hr chart you will see a big volume spike that lines up exactly with the recent 1 hr golden cross. We have not yet hit our projected breakout target of the diamond bottom pattern which makes me think we have one more small bullflag breakout upward from here to around 3850 before we form yet another lower high and continue to the downside again. So I'm technically bullish here but very very temporarily. We have found a way to have price action crawl above the 1 day 50 ma and currently that ma is overlapping one of our horizontal teal trendlines so as long as the 1 day 50ma has flipped to solidified support it is likely a double reinforced support. One more bullflag break upward to 3850 will reach the diamond bottom target and will likely head downward from there considering we appear to be repeating the previous diamond bottom fractal from a week or two back. I am watching for 1 day 50ma to hold support if it doesn't then I think we could head immediately back down. If we hold the support I think one more bullflag leg up is likely but overall I think we are still heading back down ultimately even fi we do break one more leg up so because of that I will leave this idea neutral.
BITSTAMP:BTCUSD
by DrDovetail
BTC/USD 4h Chart- Descending Triangle Pattern An interesting moment in which the triangle closes and the price should go up or down. In the textbooks it says that in a descending triangle, the price has to collapse, but will it happen? Unfortunately, I do not have mantic abilities. But what I have seen over the years at BTC does not happen this scenario for the first time. I compare between 2014 and today 2018. s3.tradingview.com This situation is clearly visible here. In 2014, contrary to a descending triangle, the price gets a bullish trend and goes up. I let you know what will happen in the future. If he considers contrary to expectations the price to go up "as I think it will happen" Give a thumb up. Thank you, I appreciate it
COINBASE:BTCUSD
by mojol1