DJI pierced a support line that had been respected all of 2018. The current weekly candle could be closed above or below the .5 fibonacci depending on the mood after the midterms. RSI has made a lower bottom and is likely to confirm a higher bottom first if bullish continuation above the blue resistance line is the case. A weekly close above .5 fibonacci will...
possible reversal to X before finishing second correction wave
this past weeks gap put us below the important turning point of 516 again, this daily close can kick off another rapid decline wave
aex expected to continue downtrend after brief rebound
The eur/usd weekly is moving in the last leg down of a falling wedge. The resistance that the current weekly candle is facing is a very strong one. If it closes above this level, an early break out of the pattern is likely to start a solid upside rally. The current daily is up against the bollinger center, candle close will give an indication of further upside...
Fib 2 hit, currently below 1.272 eying correction and possible retest of break out.
BTC exploded on bitfinex today and left behind a huge wick on the 4h candle. The pullback has cancelled out 15 percent of the sharp increase, currently resting at the 0.618 fib level. The +DI has maxed out and is on its way down. Price action looks more likely to steadily consolidate down from here than to flash back up in any flag or wedge pattern. Local...
ADA dropped to the bottom of its falling wedge at the start of September but has seen a bounce up with promising volume since. If we see a bounce up from the 0.07 levels we can start positioning ourselves for a pattern breakout.
On the Daily we have already broken out of a previous falling wedge. On the hourly we are looking positive again after the recent retrace from that breakout. Higher round bottom with a decent jump up that has put us at the diagonal resistance right now. RSI and macd looking to the upside. First Target around 13 percent increase.
RSI curving up after consolidating for days, bb squeezing, decent volume in this recent push upwards. Price has just bounced back from the 0.618 fib, might retest bollinger band center on the lower timescales before we go higher, or push up within this 4h candle. 1st target 20.38
Siacoin RSI is curving up big time forming multiple higher lows. Ofcourse as we've seen before this could also end in a local top inside the falling wedge pattern like in April. However, we are nearing the end of the wedge pattern and alts are starting to move. We have the .236 support below us right now which has held since mid August. The curving RSI might...
After Ripples kickoff rally, we should be keeping an eye on XLM. The fake pattern breakout was followed by a correction candle today We might be heading down for a bounce off of the cluster of EMA's situated at a strong horizontal support level around 3350. RSI and MACD following their resistances diligently still, postponing the pattern break out for now.
Similar set up as back in the start of April. Volume indicates a bottom as well. fib levels .618 - .382 - 0 are the targets to watch Daily close above the current fibo level (1) confirms the set up.
The daily RSI has made a first higher bottom when ZEC bounced off the falling wedge bottom on the 17th of September. For now the RSI as well as the MACD are still confirming the wedge range, but the 1.618 fibonacci level below is may provide a decent launch pad for a break out that is due as we near the end of the wedge pattern. The target of the smaller wedge...
The past days BTC -3.46% continued downwards with force despite continued oversold levels on higher time frames and several fibonacci support levels. At this point the daily has reached a 9 count on the TD -1.01% , RSI is nearing 30 and the daily candle looks to be forming a close above the .786 fibo. Awaiting the close of this daily candle, a short term...