Bitcoin Coinbase Chart Next Buy Point Bitcoin has spent the last 24 hours or so hammering out a continuation pattern not too far from the recent highs. It hasn't collapsed from here, though, which has to be a positive signal, so far. It's now probing the upper parallel at 10600 and trying to break higher. To stay positive from here it has to make this...
Bitcoin Bitfinex Chart Update 10:37gmt/05:37est Still Positive - Buy the Current Dip The big rising dynamic on Bitfinex was the best/most reliable of the 3 feeds we cover overnight and the early morning 7am gmt break out of the consolidation pattern was very precise and right down at the lower levels...so this is still giving good signals and will therefore be...
Latest Update 11:00est: Bitcoin is still positive and a near term buy on retests of the smaller dynamic underpinning the day's rally towards the blue support line at 9960-9940 with stops below 9900. Also raising the stop here to just under 9900 on current longs on Bitfinex to trap in 100 + points if it gets struck (day trading). The other choice for swing...
Bitcoin Coinbase Chart Update Bitcoin was hanging in the balance by 19:00 est/midnight gmt just before far Eastern markets opened and although it was looking in a bad way with the threat of an H&S top formation beginning to loom large above it we can never forget that this is Bitcoin. It's capable of amazing escape acts that make 'Prison Break' look lame and...
Bitcoin BTCUSD Weekend Next Buy Points An excellent 1300 or 16% rally on Coinbase with an early break-out at 6.30 gmt at 7950 level yesterday (compared to Bitfinex) has taken Bitcoin to the 9061 line overnight before topping out 24 hours later (at 6.30gmt this morning) as profit takers moved in. The lower parallel was broken soon after at 8885 and all longs...
Nasdaq 100 Index Update The minimum upside target at 6694 was met and the next, at '6787 at best before it falls away again' fell 12 points short with the high of the day at 6675. Since then Nasdaq has fallen away in a little continuation pattern that signals further upside in store. It's just exiting the pattern and can be bought again with stops below...
I guess STEEM is gonna get a very good way up in the next few months.
xrp broken the downtrend line and decided to go up.... looking for 1.80$-2$. my 4hr earlier idea
Following positive news on consumer and industrial confidence , service sentiment and business climate gives us positive outlook on eurozone. Technical analysis confirmations 1-Daily and 1H MA match 2-Price rejecting Daily MA21 3-RSI 6 divergence 4-Price formed strong pin bar at significant previous low on 4H chart. 5-Good risk-reward 2:1
Following positive consumer and industrial confidence reports , business climate and industrial sentiment gives us a strong fundamental positive outlook on EUR. On the technical line we have multiple confirmations 1-Daily and 1H MA match 2-RSI 6 below 20 3-Price rejecting 3rd touch trend line plus previous high test in/between MA`s 4-Price rejecting 0.5 Fib...
Bitcoin Update So far today Bitcoin has rallied to the next restistance line at 16447 after a high at 16487 but has since fallen away again, coming back close to important support at at 15574-15485 (amended to cover yesterday's price action better). It's a buy in this range with stops below 15450. Above here the trend is still positive but any break below...
BCHUSD Next Trade Set-ups ahead of Weekend This was left as a short backk to 1180-1100 range and with a subsequent low at 1152 it did ok. Obviously the slick trader will not just close out if the last trade has gone to plan, he (and increasingly frequently, she) will naturally seek to reverse, with stops underneath and see what comes. If you managed this here...
Overall dull right now but with a positive undertone, still, at these levels. We look to buy from lower, closer to 7531 if touched or, if very lucky, on any sharp fast test of the lower parallel which would also be viewed as an excellent buying opportunity, should we be lucky enough to see it later in China/London on Monday. Unlikely, but it's Bitcoin. If...
Bitcoin: BTCUSD Update Range trading for now but overall positive above 7717 A good space for day traders, trading between the lines of support and resistance, which continue to work quite well, so far, just as they have done over the last couple of weeks now. But for swing traders Bitcoin gave the first unreliable technical signal for quite a while - that...
Nasdaq 100 Index NAS100 Nasdaq throws a lot of similar shapes to Bitcoin whose consolidation periods tend to last a few hours and no longer than 2 days maximum, but here the continuation patterns last a minimum of 2 days (last one) and more usually 8 days and up to a month. But the shapes are almost identical. Fast, sharp declines over 2 days, followed by an...
DOWG: Dow Global This index is extremely useful as confirmation/back-up for all other major market trades as it's so free of false signals compared to Nasdaq for example. It's just tested and bounced from near term support at 2950 today. Whilst above here major markets across the world will remain positive. It's that simple on this index. That's why it's so damn...
"And the fact that bitcoin is consistently growing in its use and its value has to say something — Sure it will rise and fall as all new technologies are. But at the same time, it is certainly not a fraud." – John McAfee "Guys like Dimon believe they own the system — They are the great intermediaries. The masters of the monetary universe. No one gets in the...
NYSE:I Expecting uptrend to continue to challenge previous neck resistance of 4.46. If it breaks resistance, look for positive uptrend to continue.