Neo is being Recovering, but will it break the Resistance? R1· Trend Line R2· $140 R3· FIB-61.8% If it breaks it will see bullish till $150 Easily If it doesn´t NEO will be stabilized with the Trend Line at $138-$133 IMPORTANT · Beware of the Volume and the RSI Oversold "In order to succeed, we must first believe that we can."
I just realized i had not done an XRP/BTC video for over a week, so here it is. I have to be honest... I want to see a bull run, but i'm thinking the bears are winning at the moment. The 12000 satoshi area seems to be doing a very good job at keeping price action down. I think we see 10,000- 9,500 satoshis before we see a break of 12000. I hope you enjoy...
The Aussie has been surprisingly strong going into this week with only US fundamentals giving it a stir recently. After bouncing off the new support @ .7777 we have since smashed through 3 Fibonacci levels. Also breaching a major daily resistance @ .7868 level. For this pair to continue to push higher a break of the 78.6% fib to establish a bullish overarching...
What an exciting last few days! LTC is finally back into its bullish state that we all love. Short-term, we are currently bearish, but we have some support in $213-216 range. I think this could be a good place to put some buy orders. If that does break, then next support is in the mid 200's. If we do bounce off our support, that will confirm we are in a...
After aggressively reaching our daily support @ .72 we have seen price create its low. This key level upheld by the 61.8% Fibonacci confirms a bull bias. Also to strengthen this bias price action destroyed the .73 resistance level signifying strong bulls in the market. The next level for price to attain is a retest of the current structure high which coincides...
i see 2 level of resistence, level 1 was break, and on resist level 2 won't break out, downtrend still going
Previously We looked at a potential 2618 trade set up when the EURO was finding its support. Not that we've found it price has been making its way to a proper sell zone being at the 61.8% retracement level. Currently we are stalling at the 50% level but soon to be tested again after breaching the 32.8% level on its way to the upside. The anticipation for price to...
USD/JPY SHORT, break of the box it has settled in for the past few weeks. Looking for a close outside the box and a retest of the underside of this box or the supporting weekly trend line it has also broken before entering a 3:1 risk reward trade.
On a daily time frame you can draw out an ascending channel that price has tested but not yet breached. Last week we had support targets set at the 150 level which price tested but did not break. Upon further review with this weeks open being at the support level can imply a certain level of strength. If we see a bounce off this level at the bottom of our channel...
Over the weekend, we still were not able to get past 172 which I believe is a huge point of resistance for litecoin. The closest we got was around $169.20. I currently have that as our main short term resistance, but we will need to break one of our trend lines which is around $164-166. I was happy to see us bounce off our support though at $141.20. I had this...
The New Zealand Dollar has been losing a lot of strength these past weeks after achieving a new high of .74 and above. Upon review on a 4H time frame there are some key levels to realize. The nearest target price also the most magnetizing level being the .73116 for its reputation of price revisiting it quite often upon its rise and demise. When tested, we may see...
AUDCHF Potential Trading Opportunity! I will be looking to short AUDCHF because of the underlying fundamentals between the two countries have been pushing prices lower over the past year. We are approaching a strong zone of resistance and AUDCHF has been trending downward in a nice channel. When price gets into the zone it will provide a good opportunity to...
Rules for RSI 80-20 Reversal Strategy on chart Short Confirmations - Divergence Price stretched away above 50 sma Macd Overbought & crossed below Red line RSI Overbought and falling
After a day of sideways movement yesterday, we have finally broke upward and reached the 160's again! We reached a high of 162.10 before pulling back. Litecoin short term is still bullish which is good. We will need to break about $145 to reverse this. I circled what I believe could be a good buy zone in case LTC does decide to turn around. We have support at...
After the Euro has formed its High after the big rally, it created a double top also known as a reversal indicator. Looks like it has found a support level @1.2212 level. A good possibility for potential entry is if this pair makes its way back to the resistance level of 1.2394 which is also a selling opportunity. The 2618 Pattern recognizes the 61.8% level as a...
We are setting up for a move higher if we can break the trend lines and overhead resistance. Let's go!
BTCUSDT Price bounced up near the support line to the R1 and 38.20% Fibo. First resistance is testing now.