EURJPY has been in an uptrend between April and early Sep 2017 but since then, this pair has been in a range-bound mode. We were watching this pair closely and it gave us a potential breakout signal on 21 December 2017 but based on the price on 22 December 2017, it would appear that this potential signal did not work out. As you can see in this chart, EURJPY has...
We have been requested to provide a forecasting report on XRPUSD, a crypto-X which we are not familiar with. What we attempt to do is to provide our report using the same forecasting techniques on BTCUSD and ETHUSD and our point is that regardless of what instrument we trade, the same techniques can be applied across the board. XRPUSD was merely 0.20 on 8...
Let's take a look at the price action of XAUUSD 0.65% and forecast its next move in the following week. This pair made a recent low at 1236.37 on 12 December 2017 and finished at 1274.75 on 22 December 2017. Therefore, this pair has potentially presented to us a short-term bullish bias. Based on our forecast, if the bullish momentum continues, we could...
While lots of investors and traders focus on the recent price movement on BTCUSD and ETHUSD, and potentially other cryptocurrencies, we should not forget a potential pattern called year-end rally on AUDUSD. Of course, it does not work every year but historically, this pair has a year-end bullish directional bias. You can see that AUDUSD made a recent low at...
BitCoins 4.50% made a dramatic move to the downside on 22 December 2017. Investors like you may be wondering whether the price of BitCoins 4.50% ( BTCUSD 4.50% ) would continue to go down in the following week I am sure. From a technical outlook, BTCUSD 4.50% has been oversold and the move is too dramatic. So, there is indeed a possibility that the price will...
Currently holding on the 100 MA on the 240 min. chart, possible right ear sidewinder setting up. Stoch RSI turning up off the bottom, MACD getting ready to cross and SQZMOM trending up. Given confirmation of those indicators, if the sidewinder plays out we will see 25K+ BTC by Dec 31. Shorts beware.
After following and learning more from different tutorials I try to keep updating this chart as we progress into the future. this is a idea I want to upload that I made with the help and lessons of "Haejin_CryptoAnalyst". As I progress in knowledge I will try to make more regular updates on other crypto coins. Dont forget to go give haejin a like,upvote and...
Hey guys, Prices in the chart as well buy the dip opportunity since i personally believe IOTA project. Check support levels and be ready to see a technology rise. Cheers. Please leave your comments and share your charts, a will be happy to see.
Exelent fuyndamentals. extremely undervalued crypto. Ithas an exsiting working product very useful in the near future. it has completed its first market cycle and seems to be starting a new cycle. Most crypto OGs know well of this crypto its just under the radar because it has not been performing well in the last few months but given the 5 wave we are about to...
Bullish, long-term consolidation pattern forming similar to the one we just witnessed in ETH. May take 1-3 months but the case looks bullish for price target of $35-40. As you can see in the chart, previous rallies traded 5.4+ x the 200 day moving average. Price is currently 1.46 x 200 day moving average, reducing risk substantially. Recommendation (not...
Just wanted to share a brief update on bitcoin. The market is actually behaving like expected and I expect to see a short-term rise. Bouncing of rsi trendline, price trend line and after stochastics.
While I was doing some chart comparisons, my eye just caught this. And my jaw dropped to my desk. All those arrows are pointing forward 1-4 days. It seems that for several months, $NEO has been telling us in which direction $BTC would go. Unfortunately, right now that does not seem to be the case anymore.
If the price reach the lower trend line then we're going to have two possibility. Judging by the structure on more up move in daily is possible before the big down move.
from what I see this pair is going long with tps marked in orange overall good trade if you bought this pair at a good cheap level If not I would wait this out or buy into once we see some sort of correction take place regards kris www.mymentortv.com
Hey Traders, Just a re-analysis on this. Still looking for a sell to trade the C wave of this possible ABC pattern. Now it could start the impulse before expected (red). If you want to trade this look for a correction or a flag and sell it to the low at the end of Wave A. - Hola Traders, Simplemente un re-analysis en esto. Sigo buscando una venta para operar...
S1 -> no go zone S2 -> no go zone Buy BTC/USD & sell @5900 or 17OCT Buy back/HODL BTC - 24OCT -> 26OCT BUY ETH/BTC 26OCT (DEVCON3) --> Sell back ETH/BTC on 1st Nov SELL BTC/USD - on 14th Nov. It is just an ideea. We might be super wrong. Be careful!
USDJPY > End of Year Trade > Education Purposes This is NOT a recommendation to trade. This is a trade executed for the 4th Qtr. of every year in a test to strengthen analysis strategies. It is based on 5 year historical data and is intended for forecast accuracy based on the following pairs to obtain the most profitable target: EURUSD - USDCAD - USDJPY -...
I've realized that I've making too many trades lately and with increasing complication in my analysis. This trade is my attempt to go back to the core of being a contrarian, trying to find the most "pain" in the market and benefit from it. My game plan is now: first looking at retail's positioning that is the most extreme for the currency pair in focus,...