After a break through the channel, NZD is now in an uptrend. Nevertheless we can see an very strog push to the upside. What will happen many times? It is likely to see price at the 0.681 fib level. Therefore we will wait for a break of the daily resistance and retest for confirmation to enter a short position with a nice 4RR.
On the daily timefrime, we see AUD/CAD in a ranging market, with a lot of rejections (moreover we see a resistance at the RSI indicator). This gives us the oppottunity to set a new short trade, after a retest at the resistance area. The trade could have an easy 4 RR, when looking to target the 0,382 fib level.
Stoch RSI, dramatically Oversold, MACD will cross, maybe give it a few more days, also near to the under BB. 0,5 Fib Lvl givs strong support. Next Level will be 0.00087275 hopefully in the next few days to one week!
Found Support on 200 MA 2 times and went up afterwards. 3rd time it broke the MA200 but found Support at 0.002128 BTC Level. Also when you look at the MACD it Looks like we will go into in uptrend! We will have a closer look on September 27th, or even if OMG breaks the resistance downtrend. Cheers
BTC will hopefully bounce back at 3000. Due to RSI If not the next Support Level is at 2500. Due to RSI oversold and EMA of 3 and 10 days. If green line will cross orange line from below and RSI still under 40, I would suggest du buy.