Due to the movement of both the RSI and BB, the RSI is about to hit the 70 band while the BB already hit the upper band, I predict a swift downtrend of the bars bringing the price lower at least for the mid day of the 26th, from there on ther could be another trend created for the next couple hours.
From the trends of gthe two EMAs (20) and (50), this seems to be a downtrend in price, The Resistance level also seems to be way above. It would not be advisable to enter this market until at least the 27th, if the EMA seem more favorable then. The Target Price seems to be an ambitious one for at least the next 2days.
Using the Bollinger Bands (BB) in accordance with the Resistance line, it can be indicated that there would soon be a drop in price of the coin latest by the 26th. The BB's EMA (20) is also directly on the bar which indicates there would soon be a change of bar trend. The EMA (50) is balanced not showing either an uptrend or downtrend. The RSI line is also headed...
Using the Bollinger Bands (BB) in accordance with the Resistance line, it can be indicated that there would soon be a drop in price of the coin latest by the 26th. The BB's EMA (20) is also directly on the bar which indicates there would soon be a change of bar trend. The EMA (50) is balanced not showing either an uptrend or downtrend. The RSI line is also headed...
This looks more of a stable market, there was a bearish movement during the 20th to the 21st but the price bars quickly measured up to the EMAs in a matter of 2days. The Stop Loss is placed closer to the EMA (200) movement. This market's next movement cannot easily be predicted as there is no particular pattern shown by the trend. The Target Price is placed at the...
This market seems to be forming a Double Top, which predicts a future drop in price. Also the EMAs, both (200) and (50), are below the bar trend, this means if the EMAs were to level with the bar trend there would be a downtrend in price of the coin. It is safer to put the Target price not too far from the range of the Double Top, the Stop Loss is placed just...
Due to the trend in this pattern over the past few days this market is not a favorable one to buy coins. Using the EMA, the (200) shows there would be a continued downtrend for at least the next 2days, the (50) also shows a downtrend lasting for say just the next 2days, after which there should be an uptrend as the line would be in accordance with the bar by then,...
Due to the trend in this pattern over the past few days this market is not a favorable one to buy coins. Using the EMA, the (200) shows there would be a continued downtrend for at least the next 2days, the (50) also shows a downtrend lasting for say just the next 2days, after which there should be an uptrend as the line would be in accordance with the bar by then,...
I predict a bearish movement of price for the next 1day due the to placement of the EMA (50) above the (200). There should be a rise in price in the further future say 4days where the price should start to rise in a bullish manner approaching the 50% on the Fib retracement.
In this market due to the Moving averages movement, I predict a drop in price for at least the next 2days, with the EMA (50) above the (200) and the (200) looking to go below the (50) soon. There would still be a rise in price in about the next 5days. In this trade the Target Price i 15.3% of the Open Price, with a Stop Loss of 7.41%.
Using the Support and Resistance lines, I was able to create some range levels where the price has been more stable over the last couple of days. I used the Fib Retracements to create profitable and loss regions, with the 50% region and above being more profitable. Lastly the Stop Loss was set at 6.28% and Target price at 13.31% profit. With the past trend in this...
This is a good period for Traders to go long, as prices are at a low, I predict prices would not rise much for at least the next 3days, but in the matter of like 5days. A good period for traders to go short would be at least at price range 0.4879. Here profit would be maximized.
This would be a good time for Traders to go long, here the price is low and has a future possibility of going higher. Traders should go short at the price range 0.00015868
It looks like a good time to buy coins as there seems to be a moving uptrend, the Traders can go short at the price range around 0.00000108 so as to cut loss and max profit.
I predict an uptrend for the next two days with price moving along the range 0.003902-0.004042. This is not a favorable market to go short but an optimistic one to go long.
The will be a trend in the next 2 or 3 days, price being around 801.00-718.00. Her traders should be getting ready as the coins will later rise after the trend will later rise to a higher ranger between 875.00-826.00, it is at this point the traders need to go short/sell.
