Everything was looking dandy for bitcoin and litecoin...litecoin appeared to breaking out above a bull pennant and btc seemed well on it's way to the original head and shoulder pattern and then suddenly a whale or two must have decided to take a sizeable profit, enough to trigger an avalanche of auto sells creating FUD in the non auto sellers all culminating into...
I marked on the chart GAP from daily chart and I think it will play important role in next few days as a major support/resistance area. It seems like that the pair is back on up trend after yesterday's sharp movement. Risk ratio is set close to 3:1 and it is based on Fibonacci 50% to 150%. Green rectangle - this is very powerful formation with close to double...
Doji candlestick over the uptrend and on top the 8K support. Opportunity to go long until the 12K resistance.
Yesterday the stock market touched SMA 200 as well as the yearly pivot. Also the last candlestick is a bit doji-like. It may be an indication that we can start buying the stock market.
BTC USD BTCUSD 4 hour chart. Doji doji and down Two dojis in a row on my 4 hour chart. And the next candle is bearish.
Here you can see a Long legged / dragonfly doji forming. This indecision signal could be the first sign of a potential short or long term bullish reversal. Keep an eye on this.
I'm seeing GBPCAD hit resistance, it being overbought and a nice DOJI forming; going short...
Yesterday I talked about BTC's trend of bouncing off of the 100 DMA. Today we see a perfect Doji is forming EXACTLY on the 100 DMA, which is a very strong reversal indicator.
With the Doji flush today a decent RR setup here. Look for Price to catch RSI support here. I think we can get 5% to 8% out of this. We shall see.
Substratum is displaying a bullish MACD divergence together with a Doji 4h candle on the exponential channel support. I believe these are strong indicators that a second runup in price will occur. The two previous runups peaked at the 2.618 Fibonacci extension of the previous one, which sets the take profit range at around 35ksat to 40ksat. Buying at the current...
EURAUD is testing resistance now. Besides we can see some bullish signals: a doji appeared some days ago and even a sort of harami pattern. Consider buying!
Price looks to have broke its daily downtrend, rejecting daily support with a doji candle as well. 20 MA crossing over the 50 MA showing some bullish momentum is about to take place. Lets observe..
Whenever, the price goes up or down too fast, the price almost always retraces. Bitcoin has gone down 20% over the last two days, and is looking to make a short term bounce. A quick glance at the RSI and we see that it has broken the former trend line, which now is the support line. The RSI is no longer in a downtrend, but starting a uptrend. There also a cross...
Is that a Doji? A revised and updated chart showing support.
This currency pair is having an overly extended bull run at the moment. As we can see, RSI(14) is indicating an overbought reading. This currency previously managed to survive the 88.0 round number and manage to go even higher. But take a look at these aspects: 1. A strong rejection on the 89.10 territory. The same rejection happened on 20th and 27th of July,...
GNC created a weekly long tailed reversal candle that could lead to good profits. It needs to break $3.86 for confirmation, and the stop loss is placed at $3.12. First target is $6.50. Size accordingly to keep yourself in the game.