NZDUSD Entry 0.67889 Target Price 0.69388
Entry at Exponential Moving Average (10 Period). Bullish Flag. Descending Channel. Trend Is Up. Uptrend. Pin Bar Candlestick.
It's starting to look very similar to the big Feb 2020 drop 🤯
DJI came damn close to breaking through that Ichimoku Cloud Support! If it didn't get saved by the support then it quite possibly would've broke through the 200EMA and we would've seen the Conversion Line cross back under the Base Line of the Ichimoku Cloud. If it eventually does, then we'll probably see 25000 again which is around the 38.2% Fibonacci Level on the...
On the daily chart, ADA is finally out of its Ichimoku Cloud equilibrium zone and back in the bullish zone. I would've preferred if it broke out sooner and with a Conversion Line cross over the Base Line above the cloud or at least within the cloud for a medium bullish signal. ADA is a also back above its last yearly high which is now a major support level....
Lets have another look at Bitcoin because as everyone knows, bitcoin's movement effects alts like ADA and LTC ect ect. I'm Just concentrating on longterm weekly chart for this one, obviously if your a day trader or impatient then i suppose this post isn't for you. On the weekly chart, BTC actually looks like its on track to regain all its losses from its downtrend...
It's easy to get caught up looking at lower time frames. Make sure to zoom out and look at the big picture to keep perspective. The key factors in play at the moment are: The bulls and bears are currently fighting over the key psychological $10k level. Falling below the weekly 21EMA (with a candle close confirmation) is usually a clear signal that we are...
My first post so it's just a simple chart but seems promising to me. If we look at the daily chart for ADA, ADA has managed to stay above its 200EMA, the Parabolic SAR has started to indicate a upwards momentum, we are out of our Ichimoku bearish zone & back in our Ichimoku Cloud equilibrium zone, we have our A,B,C of our upwards Pitchfork pattern and it looks...
My first post so it's just a simple chart but seems promising to me. We have our A,B,C of our upwards Pitchfork pattern, looks like ADA will eventually break back above the last yearly high and when that Conversion Line (Tenkan-Sen) crosses back over the Base Line (Kijun-Sen) on the Ichimoku Cloud, there could be good times ahead for Cardano buyers. 🤔
AUDJPY showing great potential for a 60 pip drop. We currently have a strong support level which has already rebounded off twice. The 0.50 fib level also fits the line of support very well which further makes me think that the price will once again reach this price. During this time a double top formation has also formed with a very strong neckline on the same...
AUDUSD in my opinion is now reaching a turning point on the hourly chart due to the recent break of the bullish trend. Furthermore a recent double top formation has formed and we are now reaching towards the neck line which i think wont hold the momentum of the break. Along side this price has now come under the 50 EMA as well as the the recent crossover of the 10...
EURGBP Parallel Channel + Fibonacci Level
ZECUSD Fibonacci Level 0.382 Price Level 70.36644460
GBPCHF showing great potential for 60 Pip sell. It is currently sitting at the 0.50 fib level as well as 50 EMA providing clear strong resistance structure. We can see that it has clearly broke the 0.50 fib level and coming back in order to retest this level. Furthermore we can also see the clear trend that GBPCHF is now forming with new lower highs and lower...
Synthetix Network (SNX) has been one of the most profitable investments this year. However, the token is now facing a bearish outlook. Recap: The Synthetix project is among the largest exchanges in decentralized finance. They have partnered with ChainLink to bring information about asset prices to blockchain without the need of a central party. Synthetix allows...
Ethereum is the second-most capitalized coin in the crypto market, and it is prevalent among traders. One of the most frequently asked questions is, “how do I know when it is trading up?” Let’s review! Ethereum Fundamentals The Ethereum platform is used by developers to build different kinds of decentralized applications, including new digital assets,...
$KO continues to be bullish and establish its ascending triangle pattern. A breakout may occur at $50, and have a gradual climb to $54. The 10-day exponential moving average may pass the 50-day, indicating a strong bullish trend. It may be a good idea to wait and watch for a strong buy with solid volume before entering a trade. Disclaimer: This is not...
Overall opinion is to SELL .. A lot of confluence technical factors : 200 ema price down , trendline in place and price has closed consistently below 3.70 ( Engulfing Bar) and formed a critical Swing High /rejected and closed below 2.50. We are currently trading below the crucial 52 day low of 1.90 , so cautiously looking for a stable level of support to BUY,...