BINANCE:DASHBTC It seems to us DASH was strongly rejected and now the next important support its a bit down. Our target will be a few pips below Fibo level 0.38
BINANCE:XRPBTC After breaking up the down-trend triangle pattern on Mar 29, Ripple made a really impressive price correction, however, buyers were not able to keep it's price up and now we are witnessing a price drop. Our forecast points to: if XRP gets to the 0.00007496 it will be a good area to go short until the next resistance at 0.000074265.
COINBASE:BTCUSD After reaching resistance area 4130.00 the market might perform a price correction, candlesticks and oscillators in overbought are pointing this price action, which is an opportunity to go short.
BINANCE:LTCBTC Since Jan 05 2019 LTC have been up-trending forming an ascending channel, yesterday it gave us a great Long Entry and today we will take advantage of the market oscillation or price correction to go short and get some pips out it.
BINANCE:XRPBTC Crypto bears are in control right now and the chart is forming a downtrend triangle. Bears might take XRP to test support level 0.00007565 However this doesn't mean we can not make some money with this!
BINANCE:XRPBTC With this support testing we could make some pips: Entry Point: 0.0000771 Target: 0.0000767
Considering the SHS patter present in the Daily Chart, and taking advantage of this small correction, I think this is a good point for a short entry looking for a good amount of pips, what do you guys think?
Trading at the top of Friday's decline all indexes slightly higher a tiny subminuette 12345 impulse is seen in the minute chart for SPX today, looks like near completion - cant say how high the up reaction will carry but I reckon short entry now is likely profitable. Im not an investment advisor, this is not advice, its an observation for education only. Good luck!
Wave model projected 25076 on Dow got to 25070. Divergence in indices suggests flight to quality - dumping tech to buy blue chips, nervous toppy behavior. Can go higher but is due for a pullback and possibly a substantial drawdown. Wave C could carry to 23800 or lower. Could get a shooting star Tues to confirm topping. Other indexes already moving lower and...
0709: +320; 0710: + 140; 0711: +60? Can they bull it through 25K? Maybe we get a shooting star Doji for short signal on Wednesday. Will soon see. Earnings season incoming: they bought the rumor, will sell the news. Runup in banks based on earnings expectations. Tech already tanking; hanging man Doji on Nas. Divergence in NDX +0.04% Dow + 0.58% SPX +.35% =...
There are many bearish signals adding up all at once on the hourly time-trame. Moving averages, recent trend-lines and price structure suggest that the sentiment is "down-trend". On top of that, we find some nice confluence between price resistance zones (yellow boxes) and important fib-retracement levels of the most recent price swing (61.8% and 78.6%, specifically).
After a long bearish period was followed by bullish retracement, we would expect to see a continuation of the bearish sentiment around the 61.8% level
HCP is trading in a short term rising channel, and since it is re-testing support-turned-resistance at 33.80-34, it is very likely to break out of the channel to the downside. The measured move takes us down to ~28.50.
EURUSD H4 chart delivers a good entry for short positions. RSI (13) twice crossed below (from above) the 70ies and along with the candle patterns it composes a negative divergence. Price almost reached weekly (pivot) R1 line that proves to be another barrier in front of the price. I think all of these elements represent a great seliing entry point here. Target is...
EURUSD keeps declining driven by its short term resistance line (drawn red on chart). In view of this I establish a short entry setup right at the 50% FIBO retracement of 29/7 (1.10784) and yesterday's low of 1.0882. The idea is well backed up by the fact that price is well below the 100 hour simple moving avg. Sell limit @ 1.0980/85 SL is placed right above the...
HI ALL, Here we have a nice bearish bat pattern completion at a very strong resistance level. we even have Triple tops here and another Top might be setting up. RSI very close to Being Extremely overbought. Stops above X TGT1 0.382% TGT2 0.618%