Okay, I drew some more lines and arrows on my chart, but I also added some boxes and more text! Here's an update to my first Double bottom post.
This interpretation was formed using my own set of highly technical and complex algorithms that I like to refer to as.. pure speculative imagination!
Our second little bull flag did indeed form. It's not a lot, but...
USDJPY Price action is in a ascending triangle. I'm expecting a break to the upside soon. I believe price will head to the 110.3 8 resistance area to test.
Okay, I was tired of everyone else having all the fun. So drew my own lines and arrows on a chart. Here's my first analysis. This interpretation was formed using my own set of highly technical and complex algorithms that I like to refer to as.. pure speculative imagination!
It might be a little early to call this one, but it appears a second small bull flag might...
Hello friends !
We are on a four hours chart BITFINEX:ETHUSD
Of course it's not the best analysis you will see, but i hope it will help you.
Today i had a new idea on ETH. After a great rebound on old support. I think it will rebounce on fibonacci level and going to flirt with the 930$. I can say that hypothesis because there is a bull exit on RSI.
Moreover,...
This video quickly describes how I put my support and resistance levels (zone) on my charts and how I typically use my fibs.
As I mention in the video, I try to keep it simple, straightforward, and not spend to much time in my charts. Personally, i find the more time i spend in my charts the more i hunt to find something that might not be there. This for me...
So I'm just gonna point out some previous resistance levels from the climb up to the ATH that are now serving as resistance on the way down. Levels #1, #2 and #3 provided some resistance on the way up while Levels #4 and #5 did so as well but were merely bumps in the road. On the trend down we've revisited the #5 and #4 levels and seem to have a clear path,...
I'm just gonna point out some previous resistance levels from the climb up to the ATH that are now serving as resistance on the way down. Levels #1, #2 and #3 provided some resistance on the way up while Levels #4 and #5 did so as well but were merely bumps in the road. On the trend down we've revisited the #5 and #4 levels and seem to have a clear path, meaning...
At this point it looks as though the previous down wave is complete as the hourly emas have turned and the down trendline has been broken and tested as support. That said, I don't believe the full correction is complete. Confluence of fib retracement levels and previous areas of support/resistance at several levels above where price could stall without a big...
Hi Guys ,
We have now an importante resistance zone at the green line , if the next candle break with a good volume we can reach $14.000 or $16;000 again , If the next candle does not succeed in breaking resistance, we can get prices around $9.000 or $6.000.
I currently have the largest position in my portfolio in Bitcoin. I have split my total holdings into 2. One part is my trading position and the second is my trending position. As I think Bitcoin could've found the bottom at $9000, this is the base of my trending position. I entered my trading position at around $10500.
We are approaching the black resistance...
LTC is about to break line of resistance on way back up at 210.43
A solid buy order spot is set for 210.45 with stop/loss set at 193.51 (23.6% on fib) and sell limit between 256.65 (50% fib) and 284.55 (61.8% fib)
Points on chart:
A= All time high (high point on Fib)
B= Low
C= 75% High
D= Low
With lower highs and lower lows, I personally don't have much trust...
The DJI might see resistance at the 2.62 (rounded) Fibonacci extension level, drawn from the 2007 top and the 2009 bottom. This Fibonacci is around 26,500 so about 2% away from current levels.
Also, the current levels seen on the MACD and RSI are extreme (overbought) levels in historical context. This suggests a high probability of a near term correction or...
Good morning,
As seeing lots of 'news' coming by about the possibilities of bitcoin, I thought, let's drop mine. If we change from bars to line where we have in indication of the spot prices and we look deeply into the graph, we see a bull-flag forming. The old resistance line became the new support line. If it can hold above this line with the help of the daily...
This is getting crazy , if we break the 35k resistance this will goo to the moon , first step the 14k resistance
Buy-in: 0.000095 - 0.00019
Targets:
1. 0.00025
2. 0.00035
3. 0.00070
4. 0.00120
