expect $ . to buy from support #1 and head to resistance #2 and potentially resistance #3
expect $ to drop from resistance #1 to support #1 but support #2 is a potential as well
expect $ to buy from 73.457 (support #1) and head to 75.898 (resistance #1)
expect price to buy from 0.67901 (support #1) and head to 0.68835 (resistance #1)
$ has hit a major resistance. I think $ will drop and create an "M" formation.
$ can go in either 2 ways it can break the resistance its at. Or it can create an "M" formation (double top) and drop down. Wait for confirmation, and make the move but overall, $ has not dropped below the monthly support (71.103) since 2008, although $ has came down to the support it only touched it and revered its trend. (71.103) has been a strong support for a...
$ has hit a major support, $ has not been under support since 2012 and before that as well. The market has created a double bottom and I believe $ is on its way up 70.439 / 72.119
Due to my analysis you can see price has reached the top of the Bollinger band, that means price has came to a certain resistance in the market. Besides the Bollinger band price has been moving with the trend it has created, which has been bullish. Since it reached the top of the trends resistance and top of the Bollinger we will go for a sell to about where last...
The market is in the process of creating a "W". in 2017 the market has came down to this same key level and risen up and we are back here again, looks like its starting a new trend ... bullish trend. For safety will go Long to the top of the trend line and we'll see what the market will do.