The SPX has been a bit range bound between 2660 and 2780 for a couple of weeks. We've developed a clear up channel inside of what's still technically a down move, from the Jan highs. It's still not clear if the market will recover and resume the previous uptrend or roll back over. In the current channel, we are close to an inflection point. Breaking below the...
Multiple buyers coming from different angles: the Bull Channel, the Bear Channel, the multiple S/R levels. Some buying force to be expected.
Target is 0.00003000 RSI looks nice. Moving Averages are being support line. Good entry point.
I'm seeing yet another horizontal channel here in the intermediate term but you can clearly see high lowers on an up trending RSI. In addition we have a bullish ascending triangle with intersecting resistance lines and two failed attempts at breaking that resistance line. If we can break here my immediate target is a retest of 2950. Ive been trading in and out of...
I finally spat the dummy and just created a new chart layout without all the additional indicators displayed below the candlesticks. Now we have some clarity at last! If anyone has any idea how to publish an idea with displaying all indicators, please let me know! As we can see from channels, yesterday we broke below the upwards channel drawn between Wave 4 and...
I guess the Chart is self-explaining. There is a clear pattern in the channel. uptrend already going on after last correction.
Following to target reached in the attached analysis, AUDUSD should complete ascending channel before any major reversal.
ABC CHANNEL CONFIRMATION On the one hour chart good point to get in here. Back to channel hopping after some shaky holiday trading nothing was following the signals.look for breakout above 150 next
Vertcoin is just before breaking the triangle to the uptrend. After that, we can expect uptrend with a slowdown at the resistance level before reaching the profit target level.
NXT is about to break through the resistance level, which can be used as confirmation for entering the long position. It is basically a correction based on the Fibonacci retracement.
There is a bullish trend in Verge now, which was slowed down by the resistance. The most probable scenario is flip on the current support level and then the following uptrend. Conservative traders should enter beyond the specified entry-level, exit at the specified profit target and use a small stop-loss for covering the position.
LTC is about to break through the triangle in uptrend direction. I recommend waiting for the confirmation by crossing the selected entry-level line. The profit target should be placed a few ticks under the all-time high.
WINGS is about to break through the ascending triangle in uptrend direction. The opportunity for taking a long position should be confirmed by crossing the resistance level of the recommended entry line. There are two possible levels of an exit - conservative one and aggressive one.
IOTA enjoys strong support and gained some vs ETH. As a result IOTA found support on the previous descending resistance line of the symmetrical pattern. If no major news breaks then I expect a green or orange channel depending on ETH keeping its current price levels or ETH going up in dollar Just trying to spot trading channels. Your ideas are welcome as I'm new...
NEM is moving in uptrend channel, currently around resistance level. After breaking through there is a good chance for entering the profitable long position.
PIVX is currently in uptrend channel and near its bottom borderline. Good opportunity to enter the long position.
Ripple is moving in uptrend channel since breaking the $1 USD price level. Fundaments and current trend indicate the following uptrend. The price level of $1.5 USD seems to be here soon.