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!
The fundamentals are here: iocoin.io twitter.com coinmarketcap.com And more at the links Prepare to IOC - The digital payment system for the 21st Century Thanks for your time and follow!
FX:AUDNZD Currently trading within a contracting range, so we’ll get get some kind of resolution quite soon. I am bit more bullish here, because of these two head and shoulders patterns. I am looking for a break above 1.0800 to trigger the smaller one, which is also important because of the major falling trendline, for a move towards the neckline of the...
FX:NZDJPY The same as other yen crosses it was testing an important support before having a sharp rally higher. Confirmed the trendline from the start of 2015 right at the major resistance level with a massive shooting star on the weekly chart. This level was the neckline of the head and shoulders top which broke down with a huge breakaway gap so there’s a...
EUR/AUD This year it broke the rising channel, tested it as the new resistance, but stopped dead with no follow through. For weeks now it has been stuck in quite a tight range between 1.4100 and 1.4500. I am still more bearish here as it is putting a lot of pressure on this 1.41 level., however, not so far down below we have a major support area around...
AUD/USD The aussie is currently my top trade for 2017 and I've already have some shorts running here. As you can see – the latest drop and breakout from this wedge formation comes after just touching this former broken channel support which has become a major resistance. I am currently targeting the 2015 lows around 0.6900 but I do believe it’s possible to...
NZD/USD After breaking down the double top, it used the 2016 to pullback to the neckline to test it as the new resistance. It formed a percfect head and shoulders pattern which is also the higher parallel of this major trendline (green) and is now breaking lower. I am targeting the 2015 lows around 0.6200 and would really like to see how it reacts with the...
Making charting of these types of currencies, one take the risks setting fire front to a large number of traders, with as currencies of low volume, traders knows, that´s trend and price can take any kind of direction. I decide to pass sometimes the ridiculous, but based on my convictions on coins in which I believe. This is the case of Bitmark, which gradually...
Nav continues to demonstrate its strength, its healthy behavior, trend and promising for next year as one of the top 10.
This is just the beginning of a healthy climb of one of my favorite altcoins. Good decision to put long when NAV make a retracement. Thanks for your time!
*Hello traders, I make this chart because I see that all Indices were pumped after the US election and Italy referendum. *In my opinion this is a bubble that will eventually burst when Donald Trump official came president of the USA. *Entering 10950 - think that is a good LVL to enter short because 11000 is a psychological LVL like 10k 12k 9k ect. SL- is 1/5...
I think this is how it's going to go. What do you think ?
$SBUX was a MASSIVE winner in 2015, doubling its stock price. Since November of last year the stock has taken a breather. $SBUX has been unable to sustain a breakout over its MA's. CMF seems to have bottomed out and is leveling off nicely. We will keep a close eye on this stock as the year closes out. I expect $SBUX to regain momentum early 2017. Short term =...
Looking to buy up if the trend continues upwards anywhere from 1337 to 1351 area till our target area 1421.95 Eventually as autumn season starts we are expecting USD pull back till november and not expecting any risk aversion in market at this moment until we hear from Fed in November. Dollar is likely to stay neutral for the time being and is also likely to...
Big Diamond Pattern Atop Carnival Cruise Corp When forecasting you have to take a lot of information into consideration, you have to also find the needed information to make a forecast. What we know in the short term, Carnival Corp CCL, average analyst stock price estimates post Q2 earnings - June 28 - was $60.50 and high estimate for 2016 of $80. Brexit...
As BTC/USD recently passed an important resistance line, the next key level to watch is around 680 USD. Bitcoin likes symmetry and it likes fractals. I think the real rally will begin sometime end 2016/beginning 2017 until the half supply will show its effect and some major economic troubles will unfold, pushing BTC to new all time highs in early 2017.