Descending Channel

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SuperSignalFX SuperSignalFX GBPUSD, 240, Long ,
345 0 10
GBPUSD, 240 Long
GBPUSD - Forecast and technical setup for the next days

Hi guys, I share with you my technical setup for GBPUSD for the next days. The chart speaks by itself. If you find it useful please hit the like/follow button and leave a comment :) Happy trading!

103 0 2
BTC looking for a break (or is it too soon?)

Jumping straight into it, BTC is currently trading within its descending triangle/channel, but looking to retest its overhead resistance at the $7,500 range. This sudden spike in global daily trading volume from 10b to over 20b is quite absurd. Nonetheless, it remains to show if BTC has the momentum to keep charging upward. But if history repeats itself, it ...

532 0 5

ETHUSD is in a descending channel. We have channel breakout trades We have channel trades Bottom Day support level is our bearish take profit Previous resistance level is our bullish take profit Use your choice for SL

SignalSwiss SignalSwiss EURUSD, 30, Long ,
7766 18 313
EURUSD, 30 Long

Hello Traders! We hope that our analysis can help you in your trading and if you are interested to receive real-time updates about this analysis, click on "I Like" BUTTON on the chart ... thank you very much!! SignalSwiss TRADING ROOM: FACEBOOK:

Erickson_john Erickson_john GBPJPY, 1D, Short ,
95 0 2
GBPJPY, 1D Short
GBP/JPY Technical analysis

The chart clearly indicates the pair is in corrective wave pattern It is also going to retest the long term broken support trend we expect the pair to be strong selling pressure after the resistance with in channel reacts well...

vikrumpain vikrumpain XBTUSD, 240, Short ,
66 0 5
XBTUSD, 240 Short
BTC Possible Descending Triangle

Looking on the 4H here, it seems as though we have a descending triangle here that could play out. I can see this triangle touching the bottom support, failing to bounce off of it and instead breaking lower, as descending triangles usually do. Another thing to pay attention to is the 4H RSI, which is currently in a downward channel. It has recently touched the ...

119 0 1
BCH - Price Analysis

Overall, BCH price is within a descending channel. We had a small reversal after the tweezer bottoms (in orange) that formed 3/4 days prior. Tenkan san shows the market is ranging. At the same time, Kijun Sen is falling to meet the price which signals a lessening in momentum. The wicks under the past two daily candles further supports that idea as well as the ...

592 1 4
XRP - Price Analysis

Currently, XRP is at historically low price levels since it had its run in December. As it moves down the descending channel the price is contained within, we should look for a bounce from past psychological support and, an upside break of the channel. The double bottom taking place on the Stochastic RSI and the TRIX indicate a potential upside break. If ...

138 0 2
ETH - Price Analysis

Although the price is moving down a steep descending channel we can see that there has been buying pressure the whole way down. The RVI and Stochastic indicate that downward momentum and volatility are decreasing with a small bullish curl on the DI -. Further confirmation of this is indicated due to the horizontal movement of the tenkan and kijun. Previously ...

32 0 1
RENN Descending Channel

RNN is very oversold on the monthly and daily charts. It is trading in a decending channel and if price respects the channel it should test $6. It has a large gap to fill from $3.20 to $6. RENN is trading at 1/10 it recent $10billion valuation per Softbank.

366 0 5
LTC runnin' with the bulls.

Our LTC chart is quite similar to the signals we saw on our BTC price analysis in that we have the price moving down an ascending channel that has respected the .236 fib level very nicely. We can see that only 1 candle over the past 6 days was able to go below that level and it was immediately bought back up. Additionally we see the Stochastic is in bullish ...

167 0 2
Bitcoin bulls barreling into town.

After our last sell of we saw the price move through a well respected descending channel. Judging by the bullish movement on the Stochastic RSI. The bull cross on the TRIX As well as the bullish curls on the directional indicators To me says we could see a possible fib extension to the 0.382 level or ~7459 near the bottom of the Kumo. Although the Kijun and ...

98 0 1
ETH - Weekly Price Analysis

Right now the price is moving down a bearish channel yet has been respecting the bottom trend line as well. The kumo is sitting between the 0.382 and 0.5 fib levels acting as resistance. Kijun and Tenkan are also acting as resistance and their horiztonal movement tells us the market is accumulating. The stochastic had a bull cross that looks to be a failed ...

83 0 1
BAT Price analysis

In the descending channel the price is in it looks as if the price has respected the .236 fib level quite well. The stochastic RSI and the RVI have both reached good levels of support and a bull cross in the short term could mean some upwards price action within the channels plotted boundaries. Although, I do not think the stochastic RSI will break previous ...

61 0 1
EURJPY, 60 Short
Descending channel on 1H timeframe

80 0 1
QTUM Price Analysis

Right now the price is precariously balanced on the .236 fib. It's last line of strong support before a large potential fall. Both the tenkan and kijun are working as resistance. The stochastic RSI is tightening and nearing past support. DIs are curling in a bearish direction and the ADX indicates the trend isn't very strong at the moment. But selling pressure ...

129 2 1
BITCOIN (#BTC): Weekend Forecast

Look at the current situation with BTC. The price of BTC is $7656, slightly above EMA21 ($7628) and EMA50 ($7601). Also local upward trend support is located there. Strong supports, so I believe that BTC will retest the upper resistance of the ascending triangle at the price around $7750. But, now I'm not sure we'll go even higher. If we look at BTC, It forms ...

SuperSignalFX SuperSignalFX EURCAD, 1D, Short ,
344 1 8
EURCAD, 1D Short
EURCAD - Forecast and technical setup for the next days

Hi guys, I share with you my technical setup for EURCAD for the next days. The chart speaks by itself. If you find it useful please hit the like/follow button and leave a comment :) Happy trading!

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