• LTCUSDT primary targets $53 , secondary target $59 , likely to go to $59. Triangle breaking out should yield around $59 level; afterwards ABC correction.
lower high and bid zone let's see
• STRUSDT is re-gaining some traction as it bounced off of the 0.236 retracement and the orange support line ($0.0248) . Looks like it’s retesting the yellow resistance line ($0.0292) of the channel, and if broken it could continue onward to test the green support line and the 0.382 retracement level ($0.0346) ; as it did on wave B to C of the...
If breaks through 15.4 expect retrace to 0.318 line, and then a bounce back up. However if it finds support at the 0.628 line, can expect reversal into uptrend; possibly finding resistance at previous All time high. Prime buy points would be at the 0.318 line ($13) or the 0.628 line ($16), if unsure of which; wait for trend to get close to the 0.628 support and...
Nice setup for long position. Price may go down to 1.6880 for re-test support before taking off north.
• Was making a chart for a friend and saw this profit opportunity on Bitfinex:LTCUSD; Long position until 42 ; and Short position from 42 to 38 . • Long Position • Buy: $40 • Sell: $42.4 • Stop/Loss: $38.5/$40 • Short Position • Buy: $42.4 • Sell: $38 • Stop/Loss: $43.5/$42.5
• Made a new chart for BTCUSDT as I have taken up a new technique. It seems BTCUSDT is in a bit of a rut after flat-lining around $3000 on most exchanges, it failed to break past its All time high level and was then forced back down by the bears. It has also completed it's Elliot Impulse Wave , which is followed by a correction wave ; It seems to already...
Once again considering the weakness of the dollar this past days, being confirmed by the existing correlation between (USD/CAD Vs. EUR/USD), there´s a short opportunity on the table. The RSI shows a fair price range and combined with the ADX indicator which proves the trend, Di- above the Di+ and also seeing the ADX line bellow 40 (Not giving us a trend change)...
A ton of room to grow, seems that it's at converging state which will lead to an influx in the next few days.
breve idea of the next trend for nzd usd
Ethereum is on the rise again after a correction on the 14th. A solid bounce of the centreline of the pitchfork means that the long opportunity is huge. Buying anytime between now and 370 is a great opportunity, as the correction wave and resistance trendline converge at 400. Buyers might shift focus from Litecoin and Bitcoin to this unit, making the rise over 5%...
Looks like LTCUSDT could hit a historic All time high of well over $100 by July if it continues it's current upward trend. Lots of buy volume greater than sell volume indicates it has a strong support.
• LTCUSDT has had a rocky start to the month, it was making gains but very slowly as it kept retesting the $30 mark trying to break it. It finally broke the $30 resistance on June 11th after news of Charlie Lee (twitter.com) from Coinbase.com resigning to work on LTCUSDT was announced, It seemed $30 was LTCUSDT's biggest obstacle at the time. After...
Pair: XAU/USD S View: 4H Time: 07.26am Observation: This pair formed a new lower low having broken through previous support which was tested twice and after and evening start pattern formation. 1D view is also in favour of a short. I will short this pair and target 1240.74 then 1222.31 and SL 1276.52. Risk/Reward is 1.4. Feel free to comment! Follow my...