TRX has been rejected everytime it touches the 20 day moving average as we can see with the dark blue resistance line. TRX will go to my region predicted next week, hopefully will find support and pass this resistive line
this technique works best when the trend is moving up or down, sometimes the calls made on the mid line during sideways can be risky but with other TA such as EW, Fib and MA/EMA you should be able to gauge where you are and use this method as confirmation to your trades. using bars; we are waiting for the bar to close above (long) or below (short) the mid 20ma or...
After going to RSI middle, we change the way downward. stay away from long position, it's a new preparing of selling off.
XLM found some resistance at the 200-day MA, and is now touching both the 20-Day MA and the 100-Day MA. the 20-Day MA has passed with success the 50-Day MA and is now about to pass the 100-Day MA. We might be entering a Bull run on Stellar. Once it passes the 200-Day MA, with volume, i say it will moon! Let's see how the market reacts.
There is a bullish indicator going in TRX! if the 50-day MA and the 20-day MA cross then we might have a bullish signal that TRX is going up! For short term I believe we will test that rectangle around 0.03$. Most indicators show bearish signs. Don't think we are going much below the 0.03$ region, since we the support there has been really strong.
Looking to see pricer continue its current downward momentum. Price closed last week at weekly support turned possible resistance @ .73995, 78.6%. Could see an initial push up as bull pressure slows, and bears take over. confirmation at the 50% level after break, will possibly open the door to short entries down to about the .72787, 127.2% level. Alternative:...
After going below to zero on MACD, we will go below 50MA accordingly on price.
In daily period, BTC goes below to 200MA and DeathCross occured(by intersecting red and green). This picture is not good for the new long position...
ENTER 65.20 STOP 63.84 TARGET 83.05
ENTER 57.13 STOP 56.54 TARGET 61.39
ENTER 43.95 STOP 43.10 TARGET 52.28
GBP/EUR has formed a flag pattern and to see its seems we have a false breakout, thats represented by the RSI showing overbought, so I would wait for the rebound to lower trendline for support and then the partial rise will be complete and then its a buy. Also the 50 MA is showing support and has crossed over with the 20 MA.Also, the price is in a separate area in...
ENTER 33.19 STOP 32.25 TARGET 51.92
Today I entered a put option with a 53 day expiry because the Bollinger Band and 20 MA was broken. I expect price to fall between $4.00 and $3.00 within the next 15 to 45 days. Max risk is about $160.
Price pushed through my Bollinger Bands and then retraced through the 20 MA. I am looking for price move back to the 20 on the daily time frame where I will be looking to short on a lower time frame. I plan to hold the trade until it hits the 200 MA. I am taking advantage of my broker's leverage and how much margin is required to place the trade. In terms of...
Price pushed up through BB and then below them. Then price moved below 20 MA. This gives me reason to believe a significant short movement may be imminent. Therefore, I bought a 30 day put option (Apr17) on the movement. I stand to lose $108.49 if the option does not fulfill the movement I anticipate. Take profit target is at 200 MA.
ENTER 31.22 STOP 31.05 TARGET 32.94
Increasing volume, MACD crossover, broken resistance line, squeeze momentum on. Price target of $3.00, for just under an 18% return.