RSI below 25 on the daily time-frame, RSI bullsih divergence on the 4h time-frame, whilst touching the 200 EMA on the daily time frame, a pussible pullback to at least to the 0.87 range, However give that the RSI is exhausted on the daily time-frame, i woudn't be surprised if it tested the ATH. like Algo did yesterday. Not financial advice, just sharing a possibility.
RSI seems to have hit an exhaustion on the 4h time frame, whilst on the daily timeframe it is currently hitting the 200 EMA, although the trend seems to be downwards since the RSI is giving a lower low and breaking support, a quick upper wave may be approaching,, a relative intensity to the 50 or 200 EMA line, before continuing its descent. This is not financial...
No matter how much analysis you do, there's always value in zooming out and being confident in your geometry. Should the channel remain and the lower trendline hold, we should be on our way to another big jump in the ETH valuation. HODL strong my friends, but don't be greedy! Always do your own due diligence and research.
Waiting to see if it breaks below the neckline with at least 2 bearish candles before initiating a short position. Negative EBITDA with negative revenue growth YoY.
hey guys! The first target was touched ( Please just look at this market if you are an amateur ) I say it again and again If you are an investor Please do not worry about this market Please do not sell your capital at a very low price Please trust the market Good luck
It is not yet confirmed. As long as it struggles below 57.5K , nothing is for sure, especially if you plan on going with margin/leverage trading, you're on your own. There is still a pretty good possibility for the price to sink again, this time even to 41k to be the minimum, mainly because of two reasons - 1. It was the ATH of 6th Feb. 2. If it sinks that low,...
Add this to your watchlist and wait for bullish momentum. You can choose whatever entry excuse you like, but for the way this one is prescribed is to wait for bullish daily reversal candles (hammer, engulfing, piercing, doji.) With any red candles telling us to wait still. We are breaking the rules a little bit. You are supposed to throw away any stocks that...
Hello, traders! RVN is inside a big accumulation pattern after the price brokes down an important support level, this could be a bearish accumulation pattern or a sideways movement, and in a moment like these, we don't try to guess where the price is gonna go but react of it, so we will wait for a better confirmation, besides that we are in the middle of the...
EURUSD DAILY After over 20 days of continuous bearish swings, Eurusd made a big bullish move. However, for me, that one single candle is not enough to confirm reversal at the moment. But its the first sign of a bullish phase of this chart. And to confirm it, if the market makes a double bottom or confirms the higher low, then a higher high, then it should be...
TREE Dont jump the gun on this one, but rather over the next 6 weeks begin accumulating some Lending Tree shares or options in anticipation of a continuation pattern upwards. See below for more close up look. The cup and handle pattern is one of the most misused patterns I see on here, as everyone just wants to call any round bottom a "cup and handle". They are...
For the first half of 2018 BTC has been in a major bear market, but this was expected and warranted given the massive rally 2017 had for BTC. The thing about manias, crashes, and the market in general is that nothing is new. No matter how "different this time" it seems, it really isn't. This is because human psychology is the same, we continue to be extra...
Hello folks! Just a student of the game myself. The only credit to my name is a CBP certification and the constant pursuit of education from experience in the market(2 years). Getting right into it- EW hasn't made much sense as of lately. It has been a very rocky ride with EW analysis constantly throwing a curve ball into wave count. Looking at a chart by...
Now I'm absolutely sure that BTCUSD will hit 6300-6400 (major trendline support), the main question is if we fall through that or rebounce from there. 5500 is a a strong support. Don't be fooled by dead cats bouncing. In the meantime, get ready your cash you got from granny for Chrismas!
This pair is still under consolidation the week after the US elections, but in the short-term might either continue down until 20.000 before rallying again, or start bouncing now up to S1-S2 pivot levels. Keeping an eye on its price action today. www.fxstreet.com W: D:
Here are the tentative zones where I plan to put my stop order--long or short, depending on the next sentiment after the Brexit Appeal tomorrow morning at 8am (UTC+8). www.fxstreet.com W: D:
Waiting for confirmation candle after break/bounce at 0.72689 (R3 pivot), or after break at 0.73630 (R5 pivot) before sell/buy. If confirmed long, good TP is at R1 on weekly chart. 1W: 1D: www.economiccalendar.com
Waiting for US election results, as well as candlestick confirmation and ADX before entering buy or sell. Regardless of central bank buying, it's highly likely that the most this pair can go is up to 1,400 this year before going down again. www.mining.com www.businessinsider.com 1W: 1D:
AUDUSD might break at the higher time frame resistance, but has limited potential to continue going up and breakout at 0.7725 unless the result of US elections or hawkish RBA pushes it up. Risky to sell right away as well without any further confirmation. Waiting for candlestick confirmation past 0.76411, as well as fundamentals and ADX confirmations before going...