GBPJPY looks bullish. Considering the bullish trend in the long term, the sharp recovery may be tagged as the start of the new impulse, and now the triangle formation looks like a correction. The yellow demand zone may be considered as an entry region for the next impulse wave.
Gold made a small rally after the timid approach to the second rate hike and low inflation data at the central bank meeting. After adp, which was high on Wednesday, it decreased to the level of 1930-35. After Friday's NFP data came in below expectations, some of this decline could be reversed before the next inflation data. The part where the 2-day horizontal...
Changing BTC Prices makes the purple more possible, but if BTC stay calm or rise, green way would be possible scenario.
In last 2 months lots of the altcoins have that chart and as it becomes in every bullish period all of the coins will rise together and break their trends. The end of the triangle shows December-January which is the anniversary of the big rise of bitcoin. I believe 0,199 btc is the lowest possible point where the big rise has started. And when it breaks the trend...
ICX is coming to end of the triangle and chart shows that it's an good opportunity to make profit. In that bullish weather, pump possibility is higher than possibility of going down. But never trade without stop loss. 1st target : 0.0002741 2nd target : 0.0003450 Stop loss : 0.0002040
NEO is on the trend which has started in the beginning of february. After BTC pump, generally NEO,ETH,LTC follow and shows bounces. If Neo break that trend, we can see a nice bounce to next red resistance.
When we look 24graph it looks like triangle is getting narrow. Is breakout coming??
ETH continues resistance-support zone, it may give nice profit in a short time. When it goes out the zone and cross the resistance line, it would be correct buying point. However, be careful and keep your stop-loss under the support.
Resistance and support get closer and there is potential to take some nice profit. However it will show us its way so keep your stop-loss under the support as always.
Support and resistance levels worked well until the present, if XLM move out from the coloured region, next region is 4000-4500 sat level, but keep stop-limits in just under the next support because of possibility of bearish weather.
In a short time, trend lines gonna intersect. In that point there should some chance for profit if bitcoin supports it with a little movement.