EU has been moving sideways in a triangle for a bit. I feel it going to go up because it has tested the support line of 1.23377 quite a few times and is holding. I think the move will happen in the next hour.
UJ is still trending down but it has a new support at about 106... Will it rise from here? :)
I think USD/JPY has more falling to do before it goes back up. DXY still going sideways also.
EU fell out of the bottom of the triangle. It looks at if EU is going to meet with the MA and strong support to decide where to go from there. Im thinking that its going to hit support and bounce up.
For the first time in 12 hours, USD/JPY crossed the 20 MA. It bounced down off the fib line but i expect it to shoot higher in the near future.
It looks as POE/BTC has created a resistance in the low 700s but i see this as either bouncing off the trend back down or passing through to the .50 fib. Finally, come back down to .738 for support. ALSO, their Application and WP plugin should be coming out in Q1 2018 so that should give it a boost also.
I think POE is a good look right now. I feel that the downward trend has ended making it a support at just under 600 sat. Lets see where it bounces to and I have laid out some potential targets. I would like to see a hold and 50% to make it to 100% over the next day or two. I'm skeptical because it may repeat history with a 50% bounce back down.
AU/USD is still trending down in a channel. I think if it breaks out of the channel, it may hit the .7950 fib mark.
I have some interest in BINANCE:LTCBTC so I wanted to see what I think will happen this week or by Friday. The continued downtrend followed by people dumping lots of coin is in my opinion driving this coin to the dirt. Im thinking that LTC is going to hit 14186 sat by Friday.
Hello, this is my first chart so I am open to ideas. It seems to have an ongoing downward trend. I think this will continue on for a few more hours before breaking out. What do you think?