Price broke out our wedge formation ( check previous chart ) and rallied breaking resistance of 1.13836 and is now using it as a strong support level, We can see price reaching as high as 1.14838. Remember to use correct risk management and only use our analysis if it lines up with your own analysis.
We can see over the past 3-4 days on the 4h chart that price has been squeezed into a wedge formation ( green trend line and support line ) When this happens price breaks out and explodes so we will be keeping an eye on the breakout to the upside with potential to go up to 1.14800. We will set an order a few pips to the upside just outside this wedge, so if price...
If you can not see how strong the support at 0.87310 is then you should really go away and learn some more. We are looking for price to re test this price and bounce, we can see a good level of resistance at 0.89282 which again may act act as a wall and bounce, but we will keep a close eye on this pairing if it did try and test this resistance level. To sum it...
As you can see from our arrows on the 4h chart that price has touched 1.28802 a number of 17 times just in this chart, this is classed as strong resistance and not to be ignored. The current 4h candle that is forming is hovering around this resistance level at the moment and has already touched this level and retraced a little, this gives us an indication that it...
Marked on the chart you can see some key levels 1356.478 ( resistance ) 1297.420 ( resistance ) and 1182.906 ( support ) You can see that price has touched and bounced off these levels 10+ times each, why do you think this is? this is because the big banks and the big players in the game set orders at these levels ( big amounts of money ) this will make the...
Bears are strong with this pairing, we can see further downside movement as far as 1.13075 support level, price bounced off key resistance at 1.14039 and is ready to sink. We could see some support at 1.13470 that has been used as support and resistance before, but this should only be a slight pullback which will provide good opportunities to add sell...
ForeverFX Here With Our First Analyses; Please Be So Kind And To Give Us Some Love. Support & Resistance Levels are shown and if you place this trade I hope you enjoy, Yen news is out Thursday and it's looking positive for the interest. We are predicting a strong Yen of 2019 the year of the emerging markets! Especially when the Olympics is hosted there. That's not...
I don't like the situation around facebook, I don't like their model and the fact they attempted to lie about it, and they are already behind the market as far as performance. They focused too much on cashing in early and didn't listen to their consumers and Instagram is pushing forward. I have FB at 73.21 inside 6 - 8 months. 156.43 was the acceptable bottom...
The RSI indicates the potential for a bottom attempt. This TA matches the supp/res shown as 1339.7 is our pivot point in the overview. Below the 1339.7 support we would expect quick movement towards 856.2 and in the worse case parabolic movement we should expect a bottom around 695.06.
More than likely we will have movement down towards 100.46 support. With the present technicals, and our new understanding of moving averages, we are preparing for a much larger move to the downside over the next 6 - 18 months
An excellent question by our member @Jabda#8321 on MEET We see a channel from 3.24 - 3.96 with an overlapping channel at 3.69 - 4.37 as this is being played now it's attempting to reclaim the mid range of the first channel or the bottom of the second at 3.69, either way this looks strong for a continuation above 4.01 (the 200ema from the daily) We are in play...
waiting for confirmation to enter next position, got a decent profit off a little dead cat bounce on this support level, but if this level doesn't hold then i'm looking to enter big shorts at next little rally
EA like many others, is lining up for a much larger pullback. We will watch 92.11 to act as support and if this fails we will expect a gap further down to test support 77.22. Great entries before this gap down team. Don't miss out on this profit.
With the bear market looming and a weak close overall on Friday, I will be watching for FB to continue to pullback as this descending wedge confirms in the coming week. The key level we are watching here is the 150.75.
I selected this coin from two reasons. I dont want to hold unused bitcoin on exchanges and second, it looks like something is going on silently in the back. Altho the BINANCE:MCOBTC is relatively expensive, I alway like invest in coins based in asia. and the drop already happened. If we take into the considsration, that BITSTAMP:BTCUSD price drop didnt affect...
Dear Traders, IBM has struck a deal to acquire cloud software company Red Hat for $34 billion. IBM will pay $190 per share for the software company, which it described as the world’s leading provider of open source cloud software, a more than 60% premium to Red Hat’s closing stock price of $116.68 on Friday. Shares traded upwards of $175 in June, but...
You can confirm it here: