The price has currently pass the $2400 resistance line and went as high as $2767,where if the upward trend continues we see the pair entering the $2883 resistance line and a strong break above ths line can take the price up to $3007 before another retreat.
The market price currently above the EMAs on the hourly chart and also the EMA 150 trying to cross the the EMA 200 on the hourly chart where if it crosses we see the pair going higher and theres a buy opportunity there.
I strongly recommend a buy here at $2600 or $2550 and a take profit at $2800 or $3000 and stop loss at the support level of $2300.
Name S3 S2 S1 Pivot Points R1 R2 R3
Classic 2019.0 2167.3 2348.4 2496.7 2677.8 2826.1 3007.2
Fibonacci 2167.3 2293.1 2370.9 2496.7 2622.5 2700.3 2826.1
Camarilla 2438.9 2469.1 2499.3 2496.7 2559.7 2589.9 2620.1
Woodie's 2035.4 2175.5 2364.8 2504.9 2694.2 2834.3 3023.6
DeMark's - - 2422.6 2533.8 2751.9 - -
Technical IndicatorsJan 07, 2018 11:25AM GMT
Name Value Action
RSI(14) 57.275 Buy
STOCH(9,6) 56.461 Buy
STOCHRSI(14) 62.670 Buy
MACD(12,26) 152.400 Buy
ADX(14) 26.231 Buy
Williams %R -23.687 Buy
CCI(14) 59.0870 Buy
ATR(14) 349.1571 Less Volatility
Highs/Lows(14) 14.7785 Buy
Ultimate Oscillator 50.259 Neutral
ROC -1.404 Sell
Bull/Bear Power(13) 248.7079 Buy
Buy: 9 Sell: 1 Neutral: 1
Summary:STRONG BUY
The market price currently above the EMAs on the hourly chart and also the EMA 150 trying to cross the the EMA 200 on the hourly chart where if it crosses we see the pair going higher and theres a buy opportunity there.
I strongly recommend a buy here at $2600 or $2550 and a take profit at $2800 or $3000 and stop loss at the support level of $2300.
Name S3 S2 S1 Pivot Points R1 R2 R3
Classic 2019.0 2167.3 2348.4 2496.7 2677.8 2826.1 3007.2
Fibonacci 2167.3 2293.1 2370.9 2496.7 2622.5 2700.3 2826.1
Camarilla 2438.9 2469.1 2499.3 2496.7 2559.7 2589.9 2620.1
Woodie's 2035.4 2175.5 2364.8 2504.9 2694.2 2834.3 3023.6
DeMark's - - 2422.6 2533.8 2751.9 - -
Technical IndicatorsJan 07, 2018 11:25AM GMT
Name Value Action
RSI(14) 57.275 Buy
STOCH(9,6) 56.461 Buy
STOCHRSI(14) 62.670 Buy
MACD(12,26) 152.400 Buy
ADX(14) 26.231 Buy
Williams %R -23.687 Buy
CCI(14) 59.0870 Buy
ATR(14) 349.1571 Less Volatility
Highs/Lows(14) 14.7785 Buy
Ultimate Oscillator 50.259 Neutral
ROC -1.404 Sell
Bull/Bear Power(13) 248.7079 Buy
Buy: 9 Sell: 1 Neutral: 1
Summary:STRONG BUY