The bears still hold the market ball. It remains to be seen how far they want to go.
Supply and demand areas have been identified. In case of a fake breakout, you can think about buying, but my opinion is more about falling.
Illusion is a good thing! Especially if it is a market type.
From my point of view. The downtrend is over and it's time for the bulls to wake up. This is the end of the line for the euro.
Support and resistance in pure mode.
FX:NZDJPY As we can see in the chart, price testing 61.8% fibo which shows as good support area. IF price move upward and cross the 61.8% fibo and above that we can look for nice opportunity to invest on this pair
good luck everybody
In April 12th Bitcoin's price shot from 6.8k to 8.1k in less than 10 minutes. I remember waking up, since it was 7 am where I live, looked at the price and was surprised to see a sudden drop from ~7k to ~6.8k. I went to the kitchen and started my coffee, took the dog outside, came back and turned the computer on. It light's up in less than 30 seconds. Cryptowat.ch...
In danger of forming a top and must hold 798-793 now to
avoid falling back to 770 at least and maybe 750 and 715 - but
so long as it can hold out and trade sideways off 798 it cannot
be sold off. Maybe use a stop here and if hit put buy orders in
lower down - that way maybe you get more Eth for your
ETH is breaking down and extremely vulnerable whilst below the resistance line falling from the highs. It's a sell off that
line, with stops above it. It looks like this will fall away in stages, with each fixed line of support offering a chance for
day traders to close shorts and then sell again as it rises to test the line above it. There are some nice,...
LITECOIN: LTCUSD Negative now due to Bicoin weakness
Things have taken a turn back into into negative territory for
Bitcoin and Litecoin has suffered as a result. What was fine
yesterday is now very vulnerable because of Bitcoin.
Bitcoin itself is very negative and should fall another 1000
points from here. But it's making a feeble counter rally right
Bitcoin: BTCUSD Update Quiet: No Buyers/No sellers, yet
So we got the rally from 6300 - the 6312 level has been constantly mentioned recently as a minimum downside target.
And it so happens that 6301 is 20% exactly from the high, a text-book retracement. So am thinking that we need to pay it
a little more respect next time we visit it, when this little counter...
UKOIL Brent Spot: Like WTI it will hopefully get sold sold off on open in Far East about 10pm Eastern US time - if it does it should present a good buying opportunity at 51.09 for rally to 52.53, then 53.50 - worth setting a buy order up and seeing if it gets struck - and if it doesn't do the ideal and rallies from here and not lower down, it's still worth...