ENJIN has made some massive gains the last few days, but I expect a pull back after today as it is running up against the 51, 17, and 9 periods. Pull back seems to be somewhere around 40%, but after a 200%+ gain in the last 9 day period, I think pull back could be sharp, potentially even to the $.45 mark.
The E calculation put the high around $.90 which it...
Based on Ichimoku Kinko Hyo analysis, it looks like we are ranging and potentially hitting possibility 1 or moving to possibility 4.
- The purple boxes show ranging on the price and the horizontal Senkou Span B.
- Kumo still showing slight upward movement
- Tenkan Sen above Kijun Sen
- Chiko Span upward looking and above price
- Senkou Span A upward movement
-...
This is a hard one to look as the patterns are a little harder to discern. The lower timeframe charts are more bearish and there are some bearish movement indicators in the daily chart like the Chiko Span headed downward for the priceline and the Tenkan/Kijun crossover which already happened as the price gets closer to the Kumo. I see some decent resistance around...
I will provide more technical analysis details for XAU/EUR on the weekly chart. I will provide XAU/USD analysis too.
Strong probability for the price to reach 1380e as the flat of the monthly cloud suggest (strong support here). Idea confirmed by the lagging span because is first obstacles are the highers of august and september 2019 candles at 1380e.
Our...
With all the news around Cardano last weeks I am very Bullish on Cardano
If we look at the 4 hour chart we can see we had a retracement to fibonacci 0.168
The ichimoku cloud is still very bullsih with chikou span (green line) above the price
Price is above the cloud and is green
Tenkan sen(blue line) above the cloud
Kijunsen (red line) above the cloud
Two ways...
We're looking at a potential movement in the next couple days. The green represents Kihon Suchi at 51 periods on the daily chart from January 1st to 19 February where there was some ranging on the 1 hour chart (purple box) and the beginning of a potential 9 period reversal indication starting on 20 Feb.
The yellow represents 172 Periods on the 4 hour chart to the...
since now until march 11 we will enter as a long trade if the price reached senkou A.
if it didn't reach the sekou A till march 11,we can enter in 12 or 13 march in reaching the senkou A if the ichimoku cloud be green yet.
DOT has risen 700%+ since December and had a pretty solid bounce off of the $40 mark back downward since mid-late February. As it winds it way back down toward the Kumo, it will run into some weak support around the Tenkan Sen (Red) and the Kijun Sen (Blue) with more solid support holding up around the $29 mark.
I would expect DOT to potentially bounce at $29...
BTCUSDT signaled a few days ago that it respected the resistance of 51937 $ and will test the resistance of 45k.
We also have an outline of an LTB, forming a descending triangle with the supports below it.
To strengthen the signal, the RSI of 14 is forming descending tops and demonstrating that it will respect the resistance of 58.14
Parallel to this, Tekan-Sen...
There's a lot of patterns on this one. Potential reversal point tomorrow around the $19 mark. That particular area is the reversal point for the 200, 42, 26, and 17 periods. Each particular reversal on this seems to be somewhere around 15-25% each move whether up or down. I would expect the reversal to do the same and head toward the cloud at 18-20% or the $15.6...
From late December until mid-late February LINK has climbed upwards of $35 with minimal time frame reversals of 3-4 days before continuing the uptrend until around 22 Feb where there is the potential for a full 9-period reversal. If LINK can continue to stay above the area of $24 and the Kumo a rebound is possible. I'm a bit skeptical on this reversal until we can...
