It really looks like it has become time for a big upwards correction soon. The bears seem to have lost strength, their conviction seems to be gone the past week and when looking at certain factors, it seems like bulls are slowly peaking over the fence to if reinforcements have arrived on the other side of the war zone. These bulls are also starting to see these ...
Hi guys, XUANHAIMMOER is back today with some update in late day but do not worry we are keep working hard.
Today I bring a new way and different analysis for all you with just only MACD and Volume for predict the price of Bitcoin in middle term.
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Hi friends! Welcome to this update analysis on Bitcoin! Let's get right to it! Looking at the daily BTC chart, we can see that the pattern from yesterdays analysis didn't form a textbook morning star. As you can see, yesterday's candle was an inverted hammer with a small body. If the candle had a larger body, it would have been a textbook morning star formation, ...
The pair has currently hit a Lower High on the 4H Channel Down (RSI = 51.755, MACD = -0.001, Highs/Lows = 0.0000) making 1.13540 the most suitable sell entry on 4H. Since the Channel's Lower Lows have a -0.34% difference, we expect the next Lower Low to be also -0.34% at 1.12300, which is our TP.
If that fails, on 1D the most suitable sell entry is at 1.1415, ...
Gold manages to reverse from $1232/33 levels on Friday, very close to $1235 levels as expected. Please note that it found support close to fibonacci 0.382 levels as marked here on the 4H chart presented, and produced an engulfing bullish candlestick pattern indicating a potential reversal. Looking at the lower degree wave counts as well, wave iv (not labelled) ...
From our point of view, the pair could still consolidate around bottom in the short term, so our view remains bearish with a short position.
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A big WELL DONE to everyone who followed my BTC analysis. We hit the EXACT bottom to the exact candle and have been in the money since. good job!
I called the BTC bottom perfectly which is great news. Now we can start monetizing on the large volume Altcoins! First on the list, Ethereum!
Today ETH has ...
I will do this very brief cause we are in a very interesting situation - We might already have reached the bottom without most people haven't even realized it.
Most would have expected a huge bounce, before a real reversal would take place. But we have mixed signals, and some of them might indicate, that we already have reached our low for now.
The graph shows the classic economic cycle of a financial instrument. It consists of four parts (expansion - boom - recession - depression)
Silver broke through its strong trend line, as well as the MA 200 crossed this called Death Cross - this means a trend reversal and we are in the Depression zone.
We touched the support line in the $ 13.9-14 zone and didnt ...
Since the last economic downturn in 2008 we have seen considerable strength with only two shallow consolidation periods, the first in 2011 providing a breakeven year and 2015 with a little less than a -1% consolidation.
December has seen price sharply fall which is likely to confirm the largest correction since the -38.47% corrective period in ...
Hey, here comes a little imagination post.
I would like to highlight some of the higher levels if the current move get's a next leg momentum!
Today, we catch a pretty good move after we made a breakout from the short-term Bull Flag and after we made a breakout from the bullish chart pattern "Falling Wedge". The short-term target was the last resistance at $3,410 ...
Kicking this market off from the top this morning, weekly supply at 1.3540-1.3387 (houses the 2017 yearly opening level within at 1.3434) remains in the fold. This, as you can probably see from the chart, is a notable supply zone that could eventually prove troublesome for buyers. A move lower from this point will likely target support coming in at ...
USDJPY has made a bear signal again on daily chart.
It made a triple test on the resistance line of the channel.
Assuming the red trendline is confirmed as broken, UJ should drop down and make a new low in the coming two months.
Less is more!
On Dec.13 just 4 days ago,
I wrote an article here on tradingview saying
that if S+P 2620 Support were broken to the downside,
then 2585, and then 2532 , the 2018 yearly low
would be targeted next in this
fall "off a cliff" decline, possibly as early as this week,.
Well today, both of my target's were hit with a bullseye,
with the S+P making a new 2018 Low at ...