2 confirmed, now i see an Ending Diagonal which is made with a,b,c up and a,b,c down. Here are a simple graphic on lower time frame. My suggested TP are there. the 1st 2 yellow lines are Weekly EMA and MA 50. The upper yellow at 5696$ is 4D 100 EMA. The higher in red are 2D 200 MA and EMA at 5888 and 5723. The one at 5823 is 200 MA on the 4Day chart. Cheers!
One possible scenario is Bitcoin continues to make its way up to the peak interest area at $6400+ Lots of historical volume at this level and would create peak fomo This is where people who bought previously at $6k have the opportunity sell to fomo buyers before a retrace After months of uptrend it could be healthy for a pullback -(red lines show...
Conclusion of today’s CGC (Canopy Growth Corporation) analysis: Price closing below ~35.45 or 24.78 implies lower prices in Canopy stock price. The purpose of today’s CGC stock analysis is to inspect the different chart patterns that can be identified in CGC (Canopy Growth Corporation) and their implication(s). Use of a logarithmic scale of the Daily timeframe...
Cup formed and handle coming in, before a push up maybe?
Technical analysis: . StatusNetworkToken/Bitcoin is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 42. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00000505 to 0.00000460). if so, traders can set orders...
Price closing below $1572.30 presents trouble for Amazon. Analysis for the e-commerce giant, Amazon is presented on the 4 hour timeframe using a logarithmic scale. Over 13 months of price action is covered including the bullish trendline in Amazon since October 24, 2017. Amazon has traded lower ever since it reached a price high of $2050.27 achieved on...
Here's a better look at the chart were I think Bitcoin will be at 2019/2020 (year). Keep an eye out for target price $1285.75 - $1750.00
Technical Analysis and Outlook Since the Bitcoin is getting near the first Key Resistance $4532 , suggests that bulls are in charge of the current market, at the very least from a short-term perspective. The subsequent major outcome is possible at Coin Rally $4746 - while Key Support is found at $3241 with a crucial outer Coin Dip $2860 . (For Market...
Hi I am new here on trading view, I found there a lot of awesome charts and predictions, so I add my opinion to the Bitcoin longterm. In chart we can see historical trendline , there was few touch and after was every time jump up, so I hope that bitcoin touch the line in november or december and we will se next wave-bull run. So much investors, traders and...
Ripple analysis for today is carried out using a 4 hour time frame log scale. It was mentioned in the previous post that price action breaking to the upside of the bear channel, and also above resistance as indicated by the horizontal blue lines (previous post) would argue for a bullish bias in Ripple (XRP). Commentary is provided based on the numbers marked on...
I believe BTC is in a slow uptrend (for now), so the pennant forming is bullish. A short term trade could be made in this area with a stop at 6200. Regardless of your entry always use stops to protect capital. Without capital you're out of the game. If you don't mind holding through dips you can set a loose stop. Even if you like to HODL it's wise to have stops at...
Daily Looking at our trend timeframe we see price continuing to respect our downtrend, stochastic rsi showing momentum is in favor pf bears with no signs of reversal. Last time price was here was back in August. No major support levels shown until 120 satoshis. Looking for a daily close above 180 satoshis or a bounce off 120, potential psychological support at 150.
Update XBT Euro Still moving in decending triangle. Possible breakout to the downside within the next months. Trading tools MA, RSI and MacD Trading in general Educational
EOS is one to watch here for sure - in the next week or so, we will get confirmation of either a break-out to upside fib levels (i.e BTC pushing back towards 7k). Alternatively, BTC could fall through the floor, sending EOS through it's $5.00 floor, and likely to test bottom of descending channel near $2.50. Either way there is huge potential in this trade. my gut...
This looks short again as per the longbuylongsell indicator.
USD JPY analysis from September 10, 2017 to current date is carried out on a 4 hour time frame. Analysis and commentary is provided below based on the numbers indicated on the chart. (1) The main trendline (in color red) of the USDJPY starting from January 26, 2016 (not shown here). The only pivot for price that meets with the bearish trendline shown here is...
There are two ways of a bit coin ahead of $ 10,000. (April 28, 2018 Bitcoin technical analysis by Brandonhahm) Hi ~ Traders! I am branddon and posting mainly Cryptocurrency including bitcoins. The technical analysis of the remaining ten representative Cryptocurrencies, including coin market cap, You can see here. >> www.allaboutforex.net So let's start the...