Watching here at the bottom of the current channel and the .382 Fib level to hold as support. Would like to see a push to the top of the channel and the .618 Fib for a nice swing trade. Watching the Stoch RSI for a bullish cross up here on the 4hr timeframe to help confirm a push to the .618 extension. If the channel breaks bearish I will be looking at the .236...
I believe that ethereum has found its bottom and will bounce and wander around in this given channel. If it breaches any barrier on this channel, then adjust your positions accordingly!
USD/JPY is forming a really nice "M" pattern chart and is also going to brreak the trendline. All the analysis are to short this pair !!
Recently the tech sector has taken a hit in U.S equities. That, in combination with the lackluster earnings reports by Nvidia during which time, their CEO said the company was "crypto hungover" and had suffered a bloated inventory that could take up to two quarters to re-balance. These negative impacts are reflected on the current technical charts. A pair of...
USDJPY Shows a flag in bullish trend channel. The channelbottum was already touched and now you have a good opportunity to go Long.
USDCAD has been consolidating inside a Trend-line and Channel-line for a few days. And at the moment, price has finally reached the third potential test on the Channel-line (28 Aug - 1.2899), corresponding to several previous tests on this Support Area. - At the second test on the Channel-line, it is evident that the 50.0% Fibonacci Retracement level (1.2957)...