Metal went down en touched the trendline. Waiting for DMI to cross and give us a new signal. This coin will remain the uptrend. Next resistance on 0.00164000.
Strong ADX Trend Movement Against BTC, has lots of room to fall before the trend can change, especially with lower volume during the holidays.
TP1 345 $ (short term trader) TP2 395 $ stop-sell below 310 RSI is going up. We should pay attention to DMI crossing signal.
So, after China announces news about ICO prohibition, Bitcoin changes trend to downtrend and correction target will be 3757$. Indicators are slowly changing their direction, also bullish pressure is decreasing significantly at 4100. I think tommorow will be uptrend till 4500-4600.
AdeX crossing lower line of triangle, by looking at indicators we can see soon trend change. It's a good time to buy and hold for 3-4 days.
The selloff from $5000 seems to have stabilized, falling back to the previous support above $4500. We seem to have slowed the rate of decline, with MACD approaching neutral on the 1hr chart. DMI is of concern as the blue +DI and orange -DI are reversed, which indicates strong bearish pressure. If the red ADX line moves into the space between it will indicate a ...
Ripple recently broke the local downstream line, but the volume is not very big. Also the market rebounded from the next downtrend line. However, the ADX line (blue line in the DMI indicator) crossed level 20 and this allows us to open long positions. You can place pending buy orders at ~ .24 Good luck!
Only a partial rise in the third peak shows bullish weakness as price failed to reach resistance. An arguable triple top but more bearish with the rise failure. D-M-I shows sideways ranging momentum only as +DM -DM and ADX are all below 20. Potential bullish cross in SRSI but I think D-M-I will prevail and SRSI will bounce along the 30 for some time. The Kumo...
The price has broken out 1200 zone. Before getting Long, tiny pullback against 1200 is what I'm looking to confirm if 1200 will be the next support line. Ultimate target will be 1250, with partial profit will be at the previous resistance line 1220
I have been expecting GOLD to be "in touch" with EMA(20) and EMA(40) and it is (or about to shortly) happening now. I can see there are 2 potential direction here : 1. If price can close below EMA(20), price will potentially be pushed down to 1170. Why 1170? Because apparently this is the latest most respected (red box) price level after 1127. Bear is gaining...
From the daily chart, it looks like USD is slightly losing its grip against Ringgit, having some hard time breaking out 4.5 zone. Also indicated from movement index that uptrend slight losing its power. But this doesn't necessary mean a good news to Ringgit too. Although Ringgit is starting to get take control since 5th January, we can still see obvious rejection...
GOLD is currently trending high but ADX(40,40) indicates the trend is not that strong (index < 25) compare with the previous downtrend (index ranging between 25 and 28). TP1 at 1200 has been executed and I'm expecting the price to retest EMA(20) and EMA(40) before it is going towards next S&R (1250). For me, this will be the my TP2.
Rejected at 8 EMA and ADX trending upwards showing strengthening downtrend.
This indurance ETF has been testing resistance for about a year now and it has broken it last week. Along with that this ETF is now trading at an all time high and I think it could continue to move upwards with the insurance sector looking strong.
Lithium X Energy Corp. has just broken the small wedge it has been forming. The reason I think this trade has a nice upside is because the StochRSI has been showing an oversold level for a while now, the squeeze momentum indicator is showing that squeeze is on, and the stoch is just above the 20MA which it has been respecting.
Price has bounced off of resistance on the horizontal channel and is on the move down. DMI showing bearish trend, MACD sell signal, 13 Day MA about to cross 9 Day MA, Parabolic SAR about to show sell signal. Volume has also gone down by a large amount. Price targer around $13.24, then will reshort if the trend breaks the middle support.
Very good short play on Tronox Ltd. This stock has broken its upwards trend posting a lower high after 4 higher highs in a row and it is at the top of the linear regression channel. TROX has bounced off of a resistance line and is experiencing decrease in volume. The MACD is also about to crossover to a sell signal and the Directional Movement Index is showing a...