Ripple has remained resilient and avoided getting hurt by the tremendous pullback in cryptocurrencies beginning on December 22nd. It has shattered technical and psychological levels as it rocketed up to the $2 handle, where it now currently resides, decidedly stealing market share from Ethereum, usurping it as second in market capitalization, under Bitcoin. This...
When the candle of today (at time of writing the daily candle closes in 40 minutes) forms a doji or spinning top , it signals that BTCUSD is setting a bottom around USD 14,000 The case for a bottom is strenghtened by the lower shadows, which signals buying power, of the previous days. spinning top: www.investopedia.com
When the candle of today (at time of writing the daily candle closes in 40 minutes) forms a doji or spinning top, it signals that BTCEUR is setting a bottom around EUR 12,000 The case for a bottom is strenghtened by the long lower shadows, which signals buying power, of the previous days. spinning top: www.investopedia.com
Could see a bounce here on EURAUD after its been pushed down pretty hard over the past few days. Risk off the bottom of the doji.
Today's doji reflects true indecision. Since it was halving day, this should not be a surprise. If you like this post, please click the Like button, tell your friends, and re-Tweet! Disclaimer: This post is for educational purposes only. Trading is at your own risk.
We just closed a doji candle on the daily. This indicates some indecision. A break above 11200 will be a bullish entry and 10600 will be a bearish entry. The stop would be the other end of the doji. My guess is that we break bullish. Ethereum is making a similar pattern.
DGB going to break the channel at 122-129. Target is above 150. Last doji should be a good sign. DGB has good technology behind.
BTC could go lower. When it goes to the 100 day average it will be around be $ 6,000 ... There is a 2,000 $ (!) Doji after the bull run to almost 11,500 $... The last big crash I remember was the run to an ATH of 1,100 $ ... that ATH fits easily in the doji of yesterday: food for thought And it looks like the buy volume is getting lower and sell volume is getting higher.
Price seems like going up again, and a doji was spotted in support
Price now at a strong weekly resistance level, waiting for a daily close hopefully with a doji candle showing a chance of a reversal at this zone. Price may make its way back down to its uptrend line each blue line are my targets... Double top as well : )
- Price found support on the round number resistance 3x - The fourth touch ended with two dojis(indecision) - A triple formed with the doji’s (round number, trend line from ascending triangle, fib support) - On the other side you have an HS formation with proper backup from the ema crossing - would wait for a signal bar to enter
You can see the price finding resistance on the horizontal line and its wick bounced back from the EMA. Currently price is moving in an ascending triangle. Price might move towards trend line due to patterns on the resistance zone.
- Roses are red, violets are blue. I’m looking at these hot dollar charts and you should, too! - This level was like a nightmare for bulls from Apr2016-to-May2017 before it finally break above in Jul, as you all know this resistance turned to support level so it's not surprising that the pair retrace from this area since 50% fibo retracement right smack on it, RSI...
I think a long position is relevant in this situation. There is an upward trend (red lines) and the price is holding at the supportline (dark blue line) from a few months ago. I also see a Doji. The stochastics is almost in oversold position and the day after the doji is positive.
Double top forming potentially Wicks telling a story Really nice reversal candles forming at Monthly Res
FX: a chance to trade. eur usd was drifting lower near resistance line in a correction wave. watch for reversal pattern to initiate trade @ 1.18200 to catch the uptrend. watch bullish engulfing bar /doji / morning star pattern to initiate bullish trade. TP1 @ 1.1867 TP2@ 1.1915 TP3@ 1.19752