In 1-hour timeframe the price has got over the 1-hour kumo cloud and in 1-hour timeframe the lagging span (chikou span line) is free. In 4-hour timeframe (on the graph shown here) there are still some obstacles for the price and the lagging span line, and if these obstacles are passed (while price keeping on going uptrend) then that would be a confirmation of the...
PA indicating a reversal in interest rates from historical lows as inflation data solidifies.
And the lagging span line (chikou span line) is actually trying to cross the ichimoku cloiud in one-hour timeframe. If the lagging span line gets over the kumo then that would mean a confirmation of the uptrend at least in one-hour timeframe (for hourly investors). If the lagging span line gets over the ichimoku cloud then one will have then to watch on 4 hour...
Here is the 4-hour timeframe chart that shows the evolution of the price. I think that the price of 0.0061 is a key level that the BCN/USD price should get over in order to have this crypto-currency pair price to be uptrend confirmed again. If the price gets over 0.0061 then one should look on daily timeframe to check for future probable obstacles for the price.
OANDA:NZDUSD Short Term trade idea for NZDUSD Sell at 0.73250 for a drop towards 0.71340 towards 0.69590 Stop loss at 0.74620 Reason For Short Market close to and pulled back below descending channel resistance. Market currently below 0.73250. This is the 23% Fibo retracement level. A close below this level will strengthen the bearish play for a drop...
*REPOSTED* I realized the other one i posted didn't have a good view of the chart As requested. I am now working on more coins! Perfect cup and handle formation. This thing is ready to blow the roof. B is finishing up and then we're off! Feel free to donate if you like my work and I will keep doing more coins! BTC Wallet: 1PJE2EaMaWisxj1DGBueyRjfEw7moexDyt
Pivx looks like it will be having a long position given a resistance breakout as well as the possibility of a continued bull run. The technology behind Pivx is very democratized, and actually quite comparable to Dash's own protocol. Also the divergence for price as a long term holding is looking pretty good. Overall this is medium to high risk with the potential...
Twitter seems bearish with a 52 week high, but also seems stable at around the $25 price. The correlation as been mostly negative in the past, with a small rebound going positive. It is quite possible in this trend line that a 47% increase in price in the next 2 year can happen. However, given increase in competition, overall market adaptations, as of now it is...
We have hit the upper TL a 3rd time and i believe we will see a drop from this level to the 0.7500 support. We may also see 0.7450 before a potential bounce off the weekly TL.
Losing the grip Bearish sentiments are rising on European currency due to political uncertainty in the eurozone, as Angela Merkel's position has deteriorated significantly after the failure to form a coalition between the four political parties. EURJPY sank to a two-month low during the Asian session, but restored losses during the London trading, as the economic...
GBPUSD: The pair continues to see price hesitation below its key resistance at 1.3337 level. However, while that resistance remains unbroken, we could see the pair weaken. Support lies at the 1.3250 level where a break will turn attention to the 1.3200 level. Further down, support lies at the 1.3100 level. Below here will set the stage for more weakness towards...
Described in chart, continuation of previous downtrend
Description and everything layed out in the chart, watching major support and resistance on daily in reflection to weekly up trend... my opinion is continuing up
EURUSD: With the pair rallying to extend its price correction on Tuesday, more strength is expected in the days ahead. Resistance comes in at 1.1850 level with a cut through here opening the door for more upside towards the 1.1900 level. Further up, resistance lies at the 1.1950 level where a break will expose the 1.2000 level. Its daily RSI is bullish and...
There are some big numbers that the charts have been pointing to for quite a few days. $500-$800?!!? By the end of September! These are good times family.
EURUSD: The pair remains biased to upside after resuming its medium term uptrend the past week. Resistance comes in at 1.1950 level with a cut through here opening the door for more upside towards the 1.2000 level. Further up, resistance lies at the 1.2050 level where a break will expose the 1.2100 level. Its weekly RSI is bullish and pointing higher suggesting...
EURUSD: The pair continues to retain its upside pressure as more strength is envisaged in the new week. Resistance comes in at 1.1850 level with a cut through here opening the door for more upside towards the 1.1900 level. Further up, resistance lies at the 1.1950 level where a break will expose the 1.2000 level. Its weekly RSI is bullish and pointing higher...
GBPUSD: The pair continues to hold on to its downside pressure. Support lies at the 1.3000 level where a break will turn attention to the 1.2950 level. Further down, support lies at the 1.2900 level. Below here will set the stage for more weakness towards the 1.2850 level. Its daily RSI is bearish and pointing lower suggesting further weakness. Conversely,...