Firstly I would like to say that currently we are in Ranging Market and In this this type of Market it's becoming dangerous to trust indicators and oscillators ( when there is no volatility ) I mentioned about this in my previous article . Despite of what I have said above I used three indicators on my Chart (they are 10 EMA , 50 EMA and ADX ) Let me...
In this Chart we see a Symmetrical triangle which tells us the Breakout is approaching. The main question in this case where to? Well, very often this pattern is considered as a continuation pattern , and the last downtrend line prompts us the next direction where price will go. But I would not recommend to hurry and make some quick conclusions. There is...
This idea is build on a Graphical Analysis . Let's consider why. Commonly when we do analysis we use indicators , oscillators , looking for any formation patterns and so on, but not this time. This time we should not trust them! Start with indicators and oscillators which are used for determing the end or the reverse of the current trend. All of them...
Let me be short! This is a short term forecast. Ripple should drop down for a correction. RSI and Stochastic shows us some signs. As you see RSI has gone out of its critical borders and on Stochastic we see the crossover is happening. Please give your feedback and share your ideas! Also hit the like button, in case you like this idea and subscribe...
On the Chart I used 15 days range + Fib Extension to see where price can find next possible resistance / support levels they also can be possible take profits ! As you see on the Chart BTC has been on an Uptrend the last 15 days , I made an analysis based on continuation of this Trend. Firstly I used the Fib retracement tool to see if some of...