The last weeks volatility was decreasing, thats a sign for a big move. This is not a triangle, this is a big falling wedge. Thats a correction pattern, with a high probability for a strong upmove! DECISIONTIME!!
We have two options from here on, one with a higher probability. If we can break above the resistance at 111.255 JPY, there is much space to the upside. I will trade it like shown in the picture. Buy the retest. The second option is, that we break the support at the last days lows, then we have much space for short. (less likely)
Hey guys, Bitcoin is at a very interesting point now. We have two options from here on. Remember that we are still in the correction, that means that there is still more potential to downside then to the upside. The first option is very clearly to see for everybody. We have that nice, big inverted SHS formation. If we see prices over 6830 USD, there is a high...
Hello and welcome to my new analysis for IOTA. As I said in my previous analysis on 24th may IOTA will drop down to 1 USD and then I give you the new outlook. We are now back in the 90th and it is likely that we continue this way. My marked target, I am saying it weeks before, is still the 0.65 USD for the IOTA. From technical standpoint all cc will lose mc, ahead...
As it is shown in the picture, don´t buy ripple now, wait for the bottom. It is very close to it.
Hey guys, quick analysis on Bitcoin. We will see lower prices! Bitcoin will fall at least to the marked zone at around 6900 USD. From there on, it could be, that we bounce back to the top of the trendchannel, then we will see a triangle corrective structure in bigger picture. The second opportunity is, that we will go lower from there on. It means, if we break...
Hey guys, here is the update for the iota trade. As I am always saying, IOTA is doing it´s last big downmove! We saw falling prices the last few days, maybe we will see a correctoin to the previous resistance area at around 1.70 USD. A correction will be activated at higher prices then 1.55 USD. Keep it in mind: from there on, it is more likely that we are falling...
He guys, let´s have a look at Oil. We have a strong uptrend so the main direction is long! We are now at some resistance area, where we have to see what will happen. If we break the 80.50 USD, we will rise at least to 81.80 USD. From there could start a exhaustion of the run we saw the last weeks. In bigger timeframe we can see that the RSI is in critical section....
Hey guys, let´s have a look on Iota. This is an update of my last idea with Iota. I said that we are going lower at the top of the trendchannel. Now we are forming that move with a nice head and shoulder pattern, with the target of 0.65 USD. This is also the the zone I marked many weeks ago as a possible buy zone, in reason of fibonacci extension. This is a double...