I see two targets as possible 'relative' highs first target at $6547.00 second target at $6741.00 followed by continuation of trend to the down side --if the maximum bounce is seen if price meets the $6741.00 target --> sell off to sub $6k to somewhere around $5950.00 ---> followed by bounce to $6260.00 range ---> followed by the 5th wave...
ETH/USD is currently at a point for a good Long entry. Reasons: 1. Prices have hit the bottom of the falling wedge, which is generally considered a bullish pattern. It's a good Risk/Reward setup right now. A stop could be set around $160-$170. 2. We see bullish divergence on the Daily RSI. 3. We've had multiple days of selloff with an increase in volume, some...
$NTAP The sma50 acting as support, just bounced off, looks like a good entry point.
I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to learn more about how I use the indicators below and Click here to get my complete trading strategy! Please be advised that I swing trade and will often hold onto a position for > 1...
OMG price has been decreasing for about 3 months already. Each time the price touches the bottom of the channel it bounces back to its top. We have been waiting for so long to enter this position in such positive moment. RSI, HMA and Williams percentage range are in buy state. We recommend this coin for medium term, the risk is medium too. Free target is drawn at...
Bears appear to be maintaining full control after the extremely powerful dump. Muh 6k bottom is in more danger now than ever. If we don't see heavy bull volume soon I expect bears to resolve this pattern to the downside. My bottom target before a true bounce is at 5250. Target comes from the measured move of the bearflag and the weekly 100 MA.
We can spot, that the Double Top pattern has confirmed. The second TOP candle is bearish pin-bar, which is signalizing the reversal on the market. It pushed the USD/CHF lower. We could see the market consolidation, which lasted more then 4 months (0.98-1.006). The neckline was set at the value 0.98, which had to be broken to make the formation valid. A few days...
$LSI uptrending since february, yesterday tested the sma50 and bounced off, good r/r.
$EXPE Bouncing off the sma50, looks like a good entry point. Entry yesterday $128.94
BTC jumped from lowwer channel into higher one. Previous resistances changed into support. The Dead Cat still flying until the next stronger resistance or breaking channel. RSI indicates a bit energy left in the air to glide up.
Now that the price broke the daily trend (red line) and go back to the monthly trend we can see an opportunity in a bounce over the SMA who has shown that it rejects the price constantly.
$TSLA Bouncing or gap down @ mkt open... will see tomorrow. enjoy! Cheers, Keops
chart is self explanatory, we are looking at a bounce off the 6600 area. Previous resistance recently became support and as you can see we have come down to test it. Expecting small bounce to 6750-6800 area. If we break 6800 decisively we can expect to see 7100-7200
I'm patiently waiting on this one. :D :D :D Trendline (Green) and support ray (Blue) align! Please LIKE the idea if you do, thanks! :D FX:AUDUSD
Educational purposes only. Trade at your own risk. Each dead cat bounce since our initial capitulation at $6000 back in February has caused a breakout, however what is most interesting is each bounce has reached 14-15% less than the previous high on the way down. You can't draw a straight line to connect these due to the timeframes, but it's quite obvious what...
#BCH At the moment there is a chance of a rebound. There is good support, but a little lower it is recommended to use a stop order.
Sold too quick, here comes a little baby bounce. Don't forget to sell when it hits resistance at 315-330 though! Last chance!