Hello everyone and welcome to this analysis on BINANCE:WAVESBTC.
On this analysis I will use the EMA crossing strategy on the hour chart. Usually I am using it in wider timeframes too avoid fakeouts.
Reminder on EMA crossing strategy:
-RSI under 70
-EMA 26 crosses EMA 52
-Low volume on MACD (optional)
-4 hours chart (for 4%-10% gains)
-1 hour chart (for ...
Dear friends, as we can see, the dollar broke out of a year-long-term bear trend through a rectangular type consolidation and is now extremely bullish. I expect commodities to suffer. This includes oil, gold and all precious metals, all foreign currencies are at risk. US stocks potentially at risk!
The Dow Jones has been technically accurate. It is printing a rectangle, which is either a continuation or reversal pattern. Aggressive traders may wish to short at the top of the rectangle for an expected continuation breakout below toward the strong support and price targets below. Otherwise, trade the breakout, whichever direction it is (up is always possible).
Good movement for BNB will happen during the next 24 hours .
The price reached the apex of triangle and ready to fly up .
We see a good supporting line in green color inside the triangle at level 12.90 $. We hope price won't break it .
If the price break the supporting line 12.90 $ , we could see more drops down to 12.00$.But this is will not happen just in case ...
-69 Week ascending triangle
-Good weekly volume
-Price is consolidating after breakout of triangle which was confirmed by high volume
-Bollinger band contraction on daily chart
-An office REIT with an attractive dividend of 2.09c paid quarterly
Will risk 30 basis points and buy at 1.100 if I have an attractive and logical stop
With the Market turning back into trend mode, we are back to looking for trades...
INGN, is with a rating of 96, broke out this morning when it ran the 136 area... From a FlatBase trading range.
We are long just north of that, with stop loss at 126.41
look for a break out of the this triangle , a huge pump could follow just like the last trade, we are expecting big news about partnership and stuff like that from Verge by the 18th. i am going to short verge on the day news day. i always buy the rumors and sell the news. so i won't be surprised to see a massive dump on this coin after the news.
The price of EURUSD is forming a rectangle pattern and the price is also pretty near to the S/D. The rectangle pattern itself is pretty small so a breakout is expected very soon. Check what will happen inside the rectangle in lower time frame for clues of where the price might go when it break away from the pattern. Also, check what will happen when price is near ...
Hey friends , today for BINANCE:XRPUSD 4h chart
After a 4th lower value ( yellow bubbles ) XRP seems to struggle with probably a bullish outside, for big invest ,wait a bit to see the escape of triangle , we can see a similar draw with 1st orange rectangle, and it's actualy crossing the ichi cloud.
The daily chart show a big wave ready to go bull for ...