Hi friends! Welcome to this update analysis on Bitcoin! Today, we will be assessing the progression of the similarities of Bitcoin's current price action, compared to the bottoming formation that was produced in the bear market of 2015. So, without further ado, let's get right to it!
Looking at the daily BTC chart, we can see that Bitcoin is having a difficult...
The recent move has been positive for the space overall, with Litecoin' actually leading the rally. Yet over the past couple days, the market has been just jerking around not doing much one way or the other. There are some signs of renewed interest in the market, with individual coins like Dash or Ethereum' breaking out and pushing shorter term highs.
Recently we looked at Bitcoin long term, by analyzing the weekly time frame chart.
The general trend for Bitcoin right now is bearish, but short term we are having some bullish exposure and the long term view is giving out some strong bullish reversal signals. Take a look at my latest long term analysis here to read about these bullish signals:...
The Tidal Shift Strategy has just sold EURJPY at 124.419. The system recommends entering this trade at any price between 124.244 and 124.594. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at 2.217, which suggests that the EURJPY could be trending downwards.The 14-period Average...
HK33HKD is approaching our first resistance at 29034.0 (horizontal overlap resistance, 50% fibonacci retracement) where a strong drop might occur pushing price down to our major support at 27444.0 (38.2% fibonacci retracement, horizontal swing low support).
Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price.
$0.08c or Less that's what - the writing is on the wall for XRP the coin - not the company. Please look up and read the JP Morgan info and comment below - haters welcome as long as you keep it professional. #crypto #fintech #Bitcoin
Bitcoin to push more upside
Spotted Falling wedge breakout and price return back into possible symmetrical triangle pattern .
We are presently making a short term flag which should break upside soon.
I will advice you guys to hold your position firm as we got BTC cheaper from our previous post.
Love you all.
It will be good to always understand risk...
I think that Gold can move up
I will open buy if the price will break up key level $1315 and will Fix above it (1hour candle is min)
- Near that level will be low risk
- Also, price in the range. Most of the time when price break it - that move continue
Just to remind who I am.
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I am an ordinary guy. I have learned technical analysis from my colleagues on Trading View, from courses and books.
Within a year I was...
The USDCAD is in the process of completing an inverse head and shoulders formation on the daily charts . Prices are seen venturing towards 1.3410 in the medium term only if 1.3200 proves as a reliable support level . A failure for prices to keep above the 1.3200 invalidates this bullish setup and opens a back towards 1.3140. In regards to the technical lagging...
USDJPY is approaching its support at 110.13 (100% Fibonacci extension, 61.8% & 38.2% Fibonacci retracement, horizontal pullback support) where it could potentially bounce to its resistance at 110.75 (61.8% Fibonacci retracement, horizontal swing highresistance).
Stochastic (89, 5, 3) is approaching its support at 4% where a corresponding bounce could occur.
GBPNZD is approaching our first support level at 1.8613 (horizontal overlap support, 61.8% Fibonacci retracement, 100% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 1.8995 (horizontal swing high resistance, 61.8% Fibonacci retracement).
Stochastic (55,5,3) is also approaching support where we...
we have a great buying opportunity on pound dollar pair.
oh a 4h chart we see a completed bullish abcd pattern.
also, looking left we see that the market is approaching a decent level of structure right now.
formation of a h&s pattern leaves us clues that with high...
LTCUSD is approaching our first support at 41.21 (horizontal pullback resistance, 61.8% Fibonacci extension, 23.6% Fibonacci retracement) where a strong bounce might occur below this level pushing price up to our major resistance at 44.33 (horizontal swing high resistance, 61.8% Fibonacci retracement).
Stochastic (21,5,3) is also approaching support where we...
EURNZD is still bearish on weekly chart I guess.
It just need a little be pullback to break a weak support , because technically on weekly chart EURNZD is still on its unifinished 3rd wave down.
LESS IS MORE!