- Ranging - Stochastic Oscillator chilling in overbought conditions
- Consolidation - Pair neither overbought nor oversold
- Indecision in the market at resistance
- Price consolidating at previous resistance - Overbought on Stochastic Oscillator - Possible Double Top in the works of being formed
- Reversal candlestick pattern suggesting beginning of a downtrend after pair came from a sustained uptrend, made new yearly highs and had double confirmation of being overbought on the Stochastic Oscillator and RSI - Wait for break and retest of previous resistance, now turned support and EMA (25, close) on the downside
If trade issues resolved, green line. If tariffs crash economy, the red line.
- Price broke EMA (25, close) on the downside and previous support/resistance - Daily not indicating any clear direction as yet, other than price may or may not continue on downtrend
- Price retested and rejected EMA (25, close) as the support with a bullish candlestick. Pair not yet giving double confirmation of being overbought (RSI and Stochastic Oscillator) - Daily saying LONG
- Double confirmation on RSI and Stochastic Oscillator that pair is overbought. Therefore pair might go in a bit of consolidation or an a downwards trends - Shooting Star Candlestick (long upper shadow, short lower body) formed at the peak of the chart followed by a small bearish candlestick indicate that pair may go on a downwards trend rather than...
Hi friends! Welcome to this 589 dollar $XRP analysis Just recently, Top author @jacobcanfield has launched yearend PREDICTION CONTEST on Ripple here on tradingview. He is offering up 5,000 XRP for grabs to whoever gets the closest to the price of Ripple in USD on 12/31/2019 at 11:59pm EST. Before going to my prediction entry allow me first to state some $XRP...
Courtesy of the Djinn
Our pilot was able to end Bitcoin's rapid descent into oblivion. She has leveled out now. Altitude is consistently stable. About to ascend once again. This time more feasibly doable. Steady now girl. Steady. Thanks to all who remained aboard and have help our pilot right this plane. Now enjoy your ride. It won't be fast. It may not be exciting. But we'll get...
The chart speaks for itself. Just bounced on a support support near all time lows, while the business itself is still performing stellar. Indicators looking good; small bounce from this point looks good, etc. Some beautiful trades possible from this point. Also! Definitely check out my two posts on the DAX index here below.
Below is a direct copy of a statement released earlier today, and it is no more true than Mike Novogratz' prediction that BTC would be approaching 20 k right about now. Inexperienced investors are all too often spooked by such statements, the man who said this knows this to be true, and wants it to happen , so he can buy in at 2k. Don't lose your money to naked...
Gbpusd on last Wednesday has already broken the small support line (red break line) at 1.3146. This has led the market to fall towards the first support of 1.3013 If the market manages to break the first support line, it is likely to reach the second support line at 1.2929. If the market shifts to the north instead the analysis is void. The second resistance can...