MarcelMartins

MarcelMartins Updated 

Hello everyone. AS we can see, NZDUSD has upside potencial, If we look at our timeframes we can see that no one is on the overbought zone yet, the price is moving sideways for quite a while now. The price looks like its rejecting the 68600~68900 zone and looks like its forming a pin bar on the weekly timeframe. However if we look and NZD FUTURES chart (full...

MarcelMartins Updated 

EURJPY re-tested the ascending trendline and reject it moving up again, now its moving sideways on the 126.500 zone and looks like it'll move high once again. A break above 127.130 zone will be a bullish signal, added to RSI oversold confluence. A invalidation of this setup can be around 123.200 area A good profit target can be somewhere around 126.800 which...

MarcelMartins Updated 

After a strong sell-off , UKOIL show's a strong support and rejection at 50.0 psichologic level. Now its struggling at 63 zone, if it manages to break and close above it will most likely re-test the 70.0 level which coincide with the 200 SMA . Any stop loss on this operation must be placed a few pips below the 50.0 level, always with some room, to avoid some...

MarcelMartins Updated 

GBPCHF is been currently overbought on a lot of timeframes, while the pair reach the strong resistance at 1.28600 ~1.29000 zone which is the current 61.8% fibo retraction AND EMA 50 as well ( weekly timeframe ) . This might be a good opportunity to short this pair with a S.L above the current resistance (1.29 zone) aiming the next support at 1.27500 zone and...

MarcelMartins Updated 

After a strong sell-off, UsdCad looks like its moving sideways now and it will likely re-test the 1.337 level which was a confirmed resistance and 38.2 fibo level. Rsi show bullish divergence on H4 and it pooped off oversold zone on daily timeframe. The first resistance zone should be our red rectangle which is 50ema H4 and daily zone at 1.33 level. Stop...

MarcelMartins Updated 

GBPUSD has been very bearish from the past few weeks, now it is touching the daily ascending trendline from the beggining of 2017 and we just got a breakout from the descending trendline on our H4 timeframe. We can see how the price is slowing down the pace since mid-april and now we are in the oversold zone. Now, after the breakout of the H4 trendline i'll be...

MarcelMartins Updated 

Good evening traders, Lets take a look on ETHUSD , which is bleeding a lot these days. On our 4h chart we can see ETH is already below our 50 and 200ema, MACD is bearish and the sell pressure is too strong. RSI is way oversold so we might see a little pullback on the next couple hours. The 0.5 fibo level is gone and now we're going to 0.382 level. On the daily...

MarcelMartins Updated 

Good evening traders, lets quickly jump into our OMG analysis. As we can see on our 4h chart, omg is making lower highs and lower lows, the price just broke the 50ema and now its testing it as resistance. On the 12h chart, we have already a higher high and the price might wanna make a higher low, the 50 ema is working as support for now, we need look out for...

MarcelMartins Updated 

Good evening everyone, after a friend request, lets take a look on our btgusd , This coin is bleeding a lot since it all time high near 500 usd and now looks like it has found support on the 105 usd zone (red dotted line) On the 4h chart we can see btg appears to be forming a descending triangle which is a bearish sign, we need to see how btg will react since...

MarcelMartins Updated 

Good evening traders, lets talk about our asian beloved token, NEO. As you can see, NEO has been doing lower highs since his ATH above 190 USD. Now the trend appears to be changing since NEO just made a higher high and is moving to make a higher low, however, the price action after a pin bar gave us a warning alert, we need to wait more confirmation. We need...

MarcelMartins Updated 

Good evening everyone, Lets talk about cardano, currently the 7th coin in terms of capitalization. This token has good fundamentals behind it and it'll not be a surprise if we see CARDANO above 1usd a few months ahead. (for a conservative perspective i mean). So i can say, its a good HOLD. But lets talk about short term, as we can see, Cardano is bleeding a...

MarcelMartins Updated 

Hello everyone, lets take a quick look at OMG USD. As you can see OMG is going into a uptrend and just broke our daily pivot (not on chart). Looks like we're heading to 0.382 fibo retracement, which is around 20.50 level, and if we manage to break it, 23.50 should be a good take profit. Take a brief look on the volume of the last red bars, high volume but,...

MarcelMartins Updated 

So, finally BTC appears to broke our downtred from its ATH, which its already a bull signal. We can see we might be forming an inversed head and shoulders pattern (its NOT finished yet and may not finish) and IF we get a breakout from it , above the 11000 level, it might be a good entry signal. Another and a safer way to trade is to wait BTC to retest either the...

MarcelMartins Updated 

Good evening everyone, So btc have failed to breakout the daily trendline from his ATH on december and now we're experimenting some correction. Looking at the 1h chart we can see btc going down inside a channel, and a failed attempt to break the 10400 price, which currently the 50 AND 200 4h EMA which are acting now as a resistance. After the failed attempt BTC...

MarcelMartins Updated 

OmiseGo can go down before it starts a nice rally. 20USD is a good entry point. TP1: 30 USD TP2: 42 USD It might take some time before it reaches it full potential, so lets be patient.

MarcelMartins Updated 

BTG is boucing from the current support level at 205 USD. If the prices manages to break the down trendline and the EMA 200 we should be able to reach older highs. Target 1: 330 USD Target 2: 415 USD