KNC experienced strong downward price pressure over the course of September as the token crashed to its multi year lows in area $1.1-1.4, where is currently sitting. On RSI and MACD we can witness a potential bullish divergence on daily timeframes. RSI is in very "unexplored" areas as it is in deeply oversold territory (27-29), at levels reached only at the peak...
Bitcoin Market Overview Bitcoin continues to fall, when does the bleeding stop ? The Market has formed a Gartley with a target at 10676.0, we anticipate to form a low price in and around that price area before we see any move to the upside or will it go to 0 ? Based on the market data we could see the reversal happing in and around there exciting times .
Long Term Market Overview on DAX(Ger30) . We see that the overall Market is in an Up trend which is currently having a Pullback like all other Indexes but when will it stop is basically everybody's Big Question . The market seems to have two areas where it normally U-turn from. U-turn areas : 1) The Market shows that there's 2 Trendlines inner and outer, the...
Proceed with Caution! The market can move -150 ticks based on monthly! Short Term: Daily is U-turning 1H is confirming that Stop losses have been taken and is ready to Skyrocket /Fundamental: Earning reports have been coming in {Double confirmation}
The outlook on COINBASE:BTCUSD is rather clear, after the Up Trend channel broke, it doesn't make a higher high. We saw a potential U-turn with the immediate profit taking at the RBS zone. Here is my personal trade call: Sell Limit at $11,648.50 Stop Loss at $11,922.50 Take Profit at $10.522.50 Risk Reward Ratio = 4.58R Disclaimer : The analysis above for...
GBPCAD has broken the key level at 1.73498. A U-Turn shape has formed in the 4h timeframe between 12 and 14 August.