Being one of the top 10 currencies in the market cap ranking, NEM /XEM: slow, gradual and progressive is showing a bullish trend, rising 70% in 6 days.From 2862 to 4795 Now after forming a double top pattern is very likely to perform a retracement, ideal to become super long in this crypto that did not show even a small part of its power. A TAKE INTO ACCOUNT THAT...
With major elections in 2017 looming in numerous EU countries in 2017, and with GB struggling with BRIXIT, suggests weakening euro uncertainty.
Talking Point: Technical Strategy : Bearish Elliottwave View : Bear count confirmed Analysis From our last December's analysis on NZDUSD (New Zealand dollar vs US dollar), nothing much changed. We are on bear trend count and able to break and trade outside corrective channel. From last analysis and trade signal on which we earned +138 pips from shorting this...
There is no way else seems possible for AUD to hit and end-up the road in 2017. As getting developed over period of coming months, we will find out more about its exact structure and channels. I did my best to compose this Forecast. hope to be helpful if you're care about.
Overall this chart was pretty neutral in 2016, only ranging between about 450 pips in all of last year. However, this triple bottom setup presents an interesting BUY opportunity for the short to intermediate term. Not only does this triple bottom come at a level which price tested and completely rejected about 6 months ago, it is also setting up at the first...
Price trading within 7 month channel and current supply/demand zone, I'm looking for a rejection (reversal pattern) of lower trend line and bounce off demand within next few days to go long. SL below previous swing low/supply zone (1.30750 area) TP at swing high/double top/demand zone (1.35600 area) This setup gives us a possible 4:1 risk to reward (around 400...
After forming a ascending triangle, XMR destroyed the pattern to show its strength and its bullish north. Keep long, this is just the beginning! Down my xmr´s previous charts. Thanks for likes and following!
Talking Point: Technical Strategy: Bearish Elliottwave View: Bear count confirmed Analysis From our last December's analysis on NZDUSD (New Zealand dollar vs US dollar), nothing much changed. We are on bear trend count and able to break and trade outside corrective channel. From last analysis and trade signal on which we earned +138 pips from shorting...
TOP 7 For the sake of this analysis, we are looking at a review period of December 27, 2015 to December 26, 2016. What will be the winners of 2017 according to you? I'm making my own list
The new year starts memorably for bitcoin and all believers. 1 BTC: USD 1000.- However, bitcoin price in China is already above $1000 in its equivalent in yuan, with trading price streak beyond 7,100 yuan (approx. $1022.35). A few exchanges, including the likes of Coinbase and Bitfinex have notably seen price cross $1000 per coin. The continuous devaluation of the...
Possible APPL 2017 Structure => Happy new year traders
Yes, I know. The men are still talking about IOC. Big fundamentals: I will not stop talking about this currency, since after the BTC is the altcoin in which I believe most of all. A huge and powerful news was notified and circulated throughout the...
I think I should be the only one who charts this coin, but finding out, to my surprise we are many believers of its power, potential and future. It reached the target price, with a growing interest and therefore volume. I will not tire of telling you that IOC will undoubtedly be one of the 10 most important currencies in 2017.The target of 2017 gonna be huge, if...
After reaching the target perfectly, doing battle against the BTC rally, XMR after a pump broke the RSI to enter in a overbought area. Now after such variation the price needs to correct, according to my point of view, forming a bull flag pattern in an uptrend to follow its bull route. Being one of the coins that most affects the king's onslaught, Monero knew with...
I was thinking ; Europe next year ? nice vacation perhaps ?! Clearly downhill is not gonna be easy ride and Definitely Europeans have to raise their spirit to handle the gravity of it. I mean... Never mind. Just Look at it!
Long, but not so much. Combining the cup and handle pattern with Elliot's impure waves, this could be a possible target by forming Elliot's third wave in those values. At today's exchange rate: 1 CNY = 0.143971 USD Price target CNY 9.553,44.- USD 1.375,35.- Thanks for your time, follow and likes!
Back publishing again. This one is interesting and I don't want to fully give away how I came to this conclusion. It's from following another related set of data tracked over a year. It was very accurate and only failed once in predicting where the market will go in that year. That was around the time interests changed last year, maybe that had something to do...
Strongly beaten by the BTC rally, NEM suffered an unstoppable crash. On my previous chart I saw a possible change in the trend, but the BTC continued to mark annual highs. Today timidly this currency is having signs of recovery and especially of mobility. Technically very slow, but movements at last. We will see how it continues evolving Thanks for your time and follow!