Watch for a breakout at 118.180. Look for buying opportunities above 118.180. You will see higher lows pushing into horizontal resistance line. The Exponential Moving Averages are pointing up on the Monthly Chart, Weekly Chart, Daily Chart, and 4H Chart.
The above analysis is done purely based on price action and chart patterns. The analysis is done on monthly charts, hence it may take the price few weeks to few months to reach the target. Logic as well as the trade setup is shown in image itself. The level which was earlier acting as major resistance, may act as major support for price to move up. Entry can be...
1 candle = 1 month. Which shows us a 10 year down-trend which is about to be tested. If we break R1, R2 is the next potential move. Since early november we haven't broken the 10sma, which can be used to exit half your position. Fundamentally speaking, it appears the market is expecting the stimulus bill which might come in the next months, and will most likely...
Monthly charts are more reliable. It seems that the top line of the descending channel, which started to form in April 2008, Is broken What is the next move? Due to the daily chart and volume reduction, it seems that marketers do not intend to increase the price sharply! I think route two is more reasonable for the market to continue. Let me know your great ideas...
- Way before SPX's inception day of "1957" and back to 1877 RSI Monthly is your best ever ever ever ever friend. - We are getting close to the 1970s year by year, but long way to go up. ------------------------------------------------------------------------------------------------------------------------------------- Percentage gain after crossing below...
In this macroanalysis, we see that Pound still bullish against the U.S. Dollar and then, the inflation of the U.S. Dollar it's another siganl that FED ccontinue unstable the U.S. policy market. That it's a big warning to invest in United States, as the correlation on Bitcoin it's the same of Great Britain Pound that continue bullish. So, we are in the bearish...
LTCUSD broke blue trend line. LTCUSD immediately retested trendline on next candle. LTCUSD broken horizontal line at price level 95.00. LTCUSD retested horizontal line with a rounded retest. LTCUSD hit target at 138.37. (Kraken Price Chart) Note: Zoom out to view entire trend line. Note: 95.00 Price Level is from Monthly and Weekly Chart.
OH MY GOD!!! I want to show you a thing that traders and investor in Bitcoin and cryptocurrency need to know. We entry in the next phase to up confirmed if you copy and paste the past movement what Bitcoin make in 2017 in the past bull rally. So guys, I don't thinking that Bitcoin go to down, BItcoin it's deflationary and the U.S. Dollar going to collapse all...
Pardon the mess, this is an XBTUSD (bitmex) chart, from when I was making leveraged trades when it was legal for me to do so. This is a monthly chart view just to keep everyone from having delusions of grandeur. BTC goes up, BTC goes down. Right now, we are way up historically speaking. Save some cash, or have a means of generating cash just in case we see BTC go...
USDCAD is testing monthly support, and the price bounced on 0.5 Fibonacci Level. IF and only IF the price will lose monthly support, we can look for a short position, According to Plancton's strategy (check our Academy) ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure ->...
Analyzing the chart of USDCHF how worse it can be for US dollar currency!! monthly support area could be reversal for US dollar alternatively if it broke we may see a further down move toward the end of the spike. Trade safe. Thank you.
The most important chart pattern in ethereum has just had it's breakout confirmed. This double bottom shown here on the monthly chart has been giving us a few head fakes over the last few weeks. I originally thought it was more predominantly a weekly pattern we had a fakeout back below theneckline a couple weeks back which made me realize it was better suited on...
monthly price action finding support above the 10 month lows and now clinging to 18 month highs bullish price action so far breaking over $14,000 is the end of bear games
Only 5 days until monthly candle close and it's currently still above the double bottom neckline here a monthly close above the neckline would be a very bullish outcome imo. This is the chart for the alt coin market.
In this analysis, we're laying out our strategy for the Euro (EUR) against the U.S. Dollar (USD) for the coming weeks and months on how we'll be trading this pair, taking into account monthly chart long-term Fibonacci support and resistance levels, together with daily price action analysis and current supply and demand levels in this market. We'll be tracking...
DXY MONTHLY CHART Conducting a Top-Down analysis on any pair is a good practice. In this case, it's looking like a good area to be looking for US DOLLAR SUPPORT