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Upward

AUD/JPY - Strong bullish signalFirst of all we see that the price reversed strongly and we also notice that the reaction/drop after it reached the 61.8 was not to big. The price didn't fall too deep down. Conversely it kept pushing upward in short intervals. After it broke the 61.8 the price clearly used it as a support creating a short consolidation zone. So we should wait for the price to test that little yellow zone above the 61.8% (in order to get a better R/B ratio) If bears are not strong enough it won't even touch the 61.8 again. Conversely, it may seek the 80.65 where the next resistance is located. I hope my analysis is useful for your next trades Don't forget to hit the like button, I really appreciate it Follow me for more ideas 100% Forex Market
Long
by alejotrader92
EURUSD upward move The EURUSD is currently in a symmetrical triangle (blue trendlines). I believe this will break in a short term. I expect that it will make an upward movement. As you can see, the Elliot wave has been applied. Here you can find point E in the lower part of the triangle. If the elliot analysis is correct, the triangle will break in the next movement. I expect an uptrend because the green zone is currently being respected several times. Price is pushed upward multiple times. This gives an extra indication that we should think about a upward movement. Also there is a engulfing bar appearing. Nevertheless, it remains to be seen how this daily candle would close.These are motivations to believe that the EURUSD price will soon make an upward movement. If the analysis is correct, I would take a position with a TP at 1.15400 This is a level that is respected multiple times. So it is possible that this point can be a reversal point.
Long
by JvdB99
4
XRP continues sideways between the 1day 200ma & former trendlineAs I anticipated this former trendline(in red) that once provided very strong support is currently providing significant resistance. Even though we have broken upward from the falling wedge and we still have a ways to climb to reach our breakout target we are currently being stalled sideways by this former trendline meanwhile the 1 day 200ma(in blue) is providing solid support. I think considering that the former trendline now acting as resistance is an ascending trendline that the 200ma should maintain support and we should have room to inch higher with ever new 1 day candle as we continue this sideways movement...we could potentially even stay below this red trendline and still reach our upward break target if we go sideways long enough with the 200ma breaking support. I have a feeling xrp will eventually find a way to break back above this trendline but it may take a few 1 day candles of consolidation first.
Long
by DrDovetail
1
Bitcoin - BearsVsBullsSo once again Bitcoin is on a critical point in which holds two possible scenarios. Continue downward movement to the next strong support around 6.7k level or rebound back to the resistance at around 7.4k. Its still in an ambiguity creation scenario to say where it is heading but from the above two scenarios testing the 6.7k is more likely the one to happen. Both 50EMA and 89EMA are above the price and still not showing any huge impact on the price the last two days. RSI is at around 41. By this if the 50MA continues and price keeps falling, then price should find support at the next support level around 6.7k range. Conclusion : A further price drop from the current level is the most likely scenario however that changes if the 50MA become under the price to hold the price up we might see another leg up towards the 7.4k "Bears" teritory.
BITFINEX:BTCUSDLong
by cryptotalk_et
ETH odd Cup and Handle!?I have an idea,but maybe it's soon to make a count on it. Don't want to open this idea but it seems we made a big Cup an Handle here with odd Handle.in theory handle low is somewhere around 1/3 of cup but as you see in my fib we are way more than that and i think we don't reach the bottom of it yet. At this time all market depends on BTC moves and really can't judge any asset without looking at btc. maybe if market did not moved by btc we had a Cute Cup and Handle here but for know all things turn Confusing. I have many bearish signs on ETH but really don't want to give it time now and loose my focus on BTC. If i find a sign about this theory i will update it. Good Luck
COINBASE:ETHUSD
by Peymana71
14
Symmetrical patterns for BTC - upside movement for nowI was following it earlier and was expecting a symmetry in BTCUSD movement and that came true. From my earlier chart: Now, I did think that BTC will go down however things seem to have changed for good and I am expecting a short term movement upwards ... Short term EMAs and MACD point upward and RSI is neutral as well. The only thing that can take it downwards is some hard dumping, which I (I believe no one) can predict. Lets see! ATB, Happy trading.... -AM
BITFINEX:BTCUSDLong
by iamanupam
2
(PIVX) - PIVX - Stable Upward Trend - 270 % Possible EarningsHi our dear family! Almost every coin goes down but we have a exception for you. Stable upward trend since middle of the March 2018. WOW! Another coin (after Zencash) which is growing slowly but surely. Coincidence? Don't think so. PIVX stands for Private Instant Verified Transaction. PIVX is an anonymity-based cryptocurrency created out of a fork of DASH. However, instead of using Proof-of-Work (PoW), it uses a custom Proof-of-Stake (PoS) system. This means that PIVX cannot be mined but you may earn a reward by staking it in your online wallet. PIVX inherited all the technical features of DASH such as masternodes, instant send and private transfer. It has a block time of 60 seconds and has a fixed reward size per block that uses a custom Seesaw Algorithm that dynamically alters the reward split between masternode and staking nodes. They base on the community developers and have decent market cap which is right now around 200 mln $. Nice.... Isn't it? They have strong development team on coingecko (rating 79%) which is close to Quantum, Digibyte and Ethereum Classic. Quite big number of followers on Twitter (over 60k) and still growing. We think this might be one of the few coins which will grow in stable way for next couple of weeks. Here are some technical analisys details: Postivie MACD convergence Growing volume = growing interest SMA6 crossed SMA20 = bull's cross ABC Elliot Waves pattern finished - 1,2,3,4,5 Elliot Waves paterrn started heading to 3 According to Trend Based Fib. Extension we are very low heading to first target at 66 000 st Fibonacci Levels: 1. 0.00066000 2. 0.00083183 3. 0.00097500 4. 0.00111170 5. 0.00130000 6. 0.00156500 Stop-loss 0.00040000 Let's keep an eye on this coin as we may earn some good money in such unstable moment. Stay in touch! HUGE thanks for your support, likes and comments! Don't forget to look at the rest of our analysis sharing your ideas and remarks. Remeber you are A W E S O M E. HUGS! Your WBM_Team
BITFINEX:BTCUSDLong
by WBM_Team
Don't need to say much more it's very clear, so I'm just going to tell you a story.. Long ago, there lived an old man with his three sons in a deserted village, located in the vicinity of a desert. He had 17 camels, and they were the main source of his income. He used to rent out camels as a means of shipping in the desert. One day, he passed away. He had left a will, leaving his assets for his three sons. After the funeral and the other obligations were over, the three sons read the will. While their father had divided all the property he had into three equal parts, he had divided the 17 camels in a different way. They were not shared equally among the three as ‘17’ is an odd number and a prime number, which cannot be divided. The old man had stated that the eldest son will own half of the 17 camels, the middle one will get one third of the 17 camels, and the youngest one will get his share of camels as one ninth! All of them were stunned to read the will and questioned each other how to divide the 17 camels as mentioned in the will. It is not possible to divide 17 camels and give half of the 17 camels to the eldest one. It is not possible also to divide the camels for the other two sons. They spent several days thinking of ways to divide the camels as mentioned in the will, but none could find the answer. They finally took the issue to the wise man in their village. The wise man heard the problem and instantly found a solution. He asked them to bring all the 17 camels to him. The sons brought the camels to the wise man’s place. The wise man added a camel owned by him and made the total number of camels 18. Now, he asked the first son to read the will. As per the will, the eldest son got half the camels, which now counted to 18 / 2 = 9 camels! The eldest one got 9 camels as his share. The remaining camels were 9. The wise man asked the second son to read the will. He was assigned 1 / 3 of the total camels. It came to 18 / 3 = 6 camels. The second son got 6 camels as his share. Total number of camels shared by the elder sons – 9 + 6 = 15 camels. The third son read out his share of camels: 1 / 9th of the total number of camels – 18 / 9 = 2 camels. The youngest one got 2 camels as his share. Totally there were 9 + 6 + 2 camels shared by the brothers, which counted to 17 camels. Now, the one camel added by the wise man was taken back. The wise man solved this problem smartly with his intelligence.
Long
by Microwave
7
Bitcoin (BTC) Trending Upperward Channel. Is it Sustainable?As predicted in my previous post about the BTC trend reversal, we've seen a healthy upward trend. All we need to do now? See if BTC continues its upward reversal through the channel shown in the charts. I've been using both RSI and Stoch RSI in order to see when they show that BTC is over/undersold. I'm currently seeing that BTC is showing signs of being oversold during our rally. I'm long-term bullish about BTC , but very short-term, it looks like we'll see a bit of a retrace after the rally. How much? I'm not sure, but as long as we stay within our upward channel, we'll see stable growth! I'd like to hear your thoughts on BTC ! Is it oversold or will we continue to see the upward trend? Please comment below, as the more input we see, the more informed we are! *** This is not a recommendation to buy or sell, this is for educational purposes only! ***
B
by dsgorthy