Next leg up? LTC Macd Bullish Cross. Look to see if we can break $35 this time.
News that several major crypto exchanges (Kraken, Poloniex) just experienced ddos attacks triggering massive sell offs and margin calls cause a decent dip in LTC, ETH, XMR, and others. Looking foreward I see a strong Bullish Engulfing Candle forming near support and a MACD cross. Looking to trend back up from hear.
Litecoin has formed a V Bottom and tested support. A strong Bullish Engulfing Candle has started the rebound. I have seen Sunday mourning historically show a lull in trading and the price testing support. I am looking at the $32.20 mark as a key resistance we may break then more back toward the $35 mark. Support looks to be around $29.85 to $29.30.
Pullback completed Bullish engulfing pattern completed on daily Trade to Fib Extension at -0.27
- Fib retracement to .236 - Daily candle closed above resistance - Broke trend line on 1HR Chart - Bullish engulfing close
As you can see, today's candle is engulfind yesterday candle in a bullish manner. You can wait for the end of the day to confirm if the candle will remain bullish engulfing or like me go long and get out of the chart.
PRICE IS FOLLOWING THE TREND LINE, WHILE PUTS A BULLISH ENGULFING CANDLE AND RSI IS ABOVE 50%
PRICE PUT KING OF FLAG HERE, WITH A BULLISH ENGULFING CANDLESTICK, THE PRICE IS STILL ABOVE RSI 50%, SO I AM GOING WITH THE BULLISH IDEA
PRICE STILL SHOWING UPTREND WHILE GIVING ME A BULLISH ENGULFING CANDLESTICK, HOPEFULLY WILL MAKE IT UP TO THE TARGET
POSSIBLE BULLISH IDEA AFTER A BULLISH ENGULFING CANDLESTICK, RSI IS ABOVE 50%, AND PRICE IS FOLLOWING THE TREND LINE FOR THE TIME BEING.
PRICE STILL SHOWING BULLISH DIRECTION FOR ME AFTER BREAKING UP THE FLAG AND CONFIRMING WITH A BULLISH CANDLE AFTER IT, THR RSI IS ABOVE 50%, SO WILL SHORT IT FROM HERE
Price put a nice bullish engulfing candlestick while the price is still enjoing its time above 50% RSI, I'm taking it short from here.
Swissy bears have been rejected at range support and bulls will be looking to push the pair higher in the coming sessions. Pair traded as low 9661 in early NY trade, but found willing buyers who managed to completely engulf the preceding sell off. Bulls will now be looking to take out the .9720 - 9742 interim resistance zone, with a break above there targeting...
Could there be a reversal for B2Gold? Bullish cypher pattern with the MACD to soon crossover at an oversold level, and a bullish engulfing candlestick.
Waiting for this pair to break yellow resistance for a long trade with 1.84 area as a potential target.
It was a pain trading the DAX all of last week. Several candles indicated tactical bounces off important breakout supports around 10470 - 490, however the index failed to distance itself from key supports, decisively. Friday ended the week with a bullish engulfing pattern. Bigger picture, we are looking at a descending triangle pattern, which I expect to resolve...
ZION is coiled up on daily. Price bouncing off of 50 ma, into a bullish engulfing candle pattern. Expecting a move up from here.