Litecoin has gone down very quickly, and a oversold bounce may occur. The RSI is at 15, and there is a mini double bottom. However, I'm not suggesting a long term bull market, just a short term bounce since Litecoin did break down from a huge descending triangle.
Hi guys, I share with you my technical setup for EURAUD for the next days. The chart speaks by itself. If you find it useful please hit the like/follow button and leave a comment :) Happy trading!
Study case for RSI , we have a falling wadge on the daily timeframe . StochRSI shows we're going down a bit more, maybe 10% more. Until now we have touched the first out of three main support levels, which are closely to one another. Don't panic if you bought earlier, buy more now and wait for the bounce. DGD 0.00% announced big news with it's child coin DGX...
6500 provided the expected small support. More support just above 6000, which should provide a bounce off the bottom of the triangle. If the top of the triangle provides enough resistance BTC will drop to 5400 for a larger bounce. This is all somewhat subjective and many clarifications and checks need to be seen before trading. It could go either way and it...
VTC is a very underrated coin. It has a great team working hard and great future up ahead. Price is a real joke atm. Bullish gartley is just about to be formed. RSI is oversold on daily (never been that low for a long long time). You can see also a nice falling wedge. So VTC has to go up where it's belong.
D point complete, let's get Down. 3 hour time frame. Targets 1: 1.38860 Targets 2: 1.38185 Stop loss: 1.40820 RSI: oversold. Let's get Down.
This trade is from our free pdf "RSI 80-20 TRADING STRATEGY" PM me if you have any questions, I will be happy to help.
Ethereum is completing the final wave of an ABC correction. In fact, it's on the 5th subwave of wave C. It is only a matter of time before Ethereum starts impulsing. In addition, we see bullish divergence, and the volume picking up. This correction is only temporary, and we need to take a look at the big picture to see how high Ethereum can rise to. We should...
When the Triangle was broken upward we saw Elliott Correction wave which is a pink line A-B-C on the chart. An impulse growth usually heads after this pattern. Stoch RSI indicates oversold zone, moreover fundamentals are also great. The possible scenario is represented by 5 Elliott impulse wave, it is a long hold but profits are also great. Safe buy zone is below...
#APPC is clearly bouncing within the triangle and is beginning to consolidate. RSI and Stoch are very bullish indicating a coming uptrend. MACD is also ready to cross over. AppsCoins is also very popular among the crypto community and is receiving a lot of hype from whales. Expect it to bounce within the triangle and break out soon. My bags are filled.
guys we find cypher pattern on cad/chf it is nice opportuinty to go long with the confluence of 200 EMA and with RSI over sold if its complete look for buy setup at point D stop below X level i will update you ........ regards: HAMZA MALIK
Hello guys, Bitcoin is heading toward the last stage of it's correction. It looks like it is following an ABC / Complex correction, that it is going to momentarily brake support* before it starts a new market cycle towards 30k+ after it brakes resistance** So, using Bitmex I am putting lots of small buy orders between 11000-12500 and I keep my liquidation price...
Before heading into the new years it seems like the Bitcoin dollar is potentially forming a bearing AB=CD formation. Still waiting for it to be confirmed with structural and RSI levels which form part of my personal strategy. Again, nothing is confirmed yet. Therefore, take action when the chart gives you assurance but this is definitely a pattern to keep your...
#REP is so low I cannot believe it. It is so low that I couldn't even find a support line. All the technicals point to this coin popping very soon. It will break out of the triangle and spike greatly very soon. RSI is bullish and MACD is ready for a crossover. Anyone with a brain can tell this coin will come up.
- Roses are red, violets are blue. I’m looking at these hot dollar charts and you should, too! - This level was like a nightmare for bulls from Apr2016-to-May2017 before it finally break above in Jul, as you all know this resistance turned to support level so it's not surprising that the pair retrace from this area since 50% fibo retracement right smack on it, RSI...
After the 2 uptrend full cycles of Elliott Waves ended, a liltle correction occured, but it seems to build another uptrend support line around 0.38 fibo. indicated by the RSI near 30. Good rally opportunity when RSI reachs 70+ again.
Hey guys, yesterday we took profit of our last AUDCAD trade that brought in more than 150 pips (see attachment). Now i changed my mind about this pair being the recent movements price has made. As you can see on the left hand side of your screen on the daily timeframe price is testing a daily structure level that acted as support. Being the case, we expect to see...
Hey guys, i want to shar with you some analysis on USDJPY. Here we have a Gartley already completed and a AB=CD pattern right at the same level. Besides, we also are in an OVERSOLD condition and we can see some structure to the left. I've outlined a small box where i'm looking for long entries in form of double bottom or engulfing kickers. However, if you're a...