IOTA reaching the end! It will have to fullfill its destine and go to either 0.7 or 0.4! according to my indicators, there is no sign of bullish or bearish! All indicators are showing a neutral sign, just like the slow stoch shown! Standing exactly on the 50 and 20 day moving average. So… it will follow BTC on this one! If the market falls, so will IOTA, if the...
XRP going to the 0.618 region of the Fibonacci! Hagging on that small triangle pattern, don't know long it will sustain over that region! Looking like to go to 0.46$. It will probably fall and find support at the moving averages. Im dedicating a bit more time to XRP these days, beacuse i think it will have a major roll next bull run!
NEO looking bearish! Slow Stoch looking bearish, 20 day Moving average is holding NEO, but for how much long? I think it will fail to hold and will find support at 16$, once this is complete, i believe it will form a double bottom and spike up!
ETH is showing bearish momentum! Consistently lower lows, as well as, lower highs! Still way bellow the 20 day moving average, and i believe it will face resistance there, following with a down trend, going all the way to 150$. Unless the markets change, this is the scenario we will be facing! Next level of support is at those levels. Even thought it had a spike...
XRP showing bearish evrywhere. All indicators showing bearish momentum. MACD... RSI... SLOWSTOCH... so I believe if the market doesn't turn, 0.22$ will be our next target and if support isn't enought there, then 0.20$ is going to happen!
ADA showing tremendous bearish results! As the 0.10$ barrier was broken, we cannot antecipate the bottom in a ADA/USD graph. So i'm using a ADA/BTC to see where we can expect ADA to find support. So the red rectangle, it is almost 100% sure it will touch that. If support isn't enought there, then we will have ADA where it was in October previous year, in the blue...
ZRX showing bearish movement after breaking the trend going downwards. After seeing it passing the 0.6$ barrier, we will see ZRX touching 0.49$. Standing at 0.54$ now, and seeing the slowstoch at such a down area, i believe we will have a small uptrend, maybe touching the 0.6$ line and heading down to 0.49$. The markets still show a bearish sign overall!
TRX has failled to break the 50-day Moving Average, Slow stochaci is showing bearish movement, it is too high and the red line just passed the back line, meaning price will decrease very soon. Which means that unless we find support on the 20 Day Moving Average, TRX will experience recente all time lows. Volume doesn't seem to increase as well as what happens to...
TSX:SHOP NYSE:SHOP
This call is primarily based on price action and risk reward.
We can see a lower low being pushed on the daily time frame but over last week price rejected the $173 level.
The other notable mention is the Risk to reward ratio, with a bottom formed we have an excellent place to set our stop knowing the trend would go bearish is it was...
Cardano going to 0.12$, after breaking the support at 0.13$, i believe we might see it touching the 0.11$. However the fact that the 20-day moving average crossed with the 50-day moving average, this could mean that Cardano will go to 0.20 again! A little bullish sentimento on this one, even thought indicators show bearish signs i believe we might see good results...
We can see the bottom form on BB, this gives us a reasonable stop price to manage risk.
We also seen a key resistance broken at $10.17 on Friday, have not raise stop price yet.
Should have made a post on entry be regardless possible gap down soon based on former price action however this gap wouldn't break the trend very much. $230 is the target but once that happens will place stop at swing low to allow price the chance to break former resistance.
Trade entry on completion of the fractal setup has provided some initial profit at the 1.618 fibo extension... position is now neutral and there is no value in buying up here as it presents no real value and stops may quickly be triggered. Wait for the retracement down to the now support area before trade entry and look to take profit on the full extension.
Any...
Clear uptrend from 104.700 the break at 107.700...
Previously at current price levels there is a period of price consolidation, this is confirmed by ADX indicator... Could it be the start of a Range market??
Look to play range (on smalls) with long entry at 108.500/300 (23.6% fibo retracement) and take profit should be near top of range at 109.500/110.00
2...
Hello folks! Check out these color coded Fib levels.
The right chart is 1 hour, looking into the details of next week. Dark green ray lines are Thursdays High and Low. Orange ray lines are Fridays High Low.
The daily chart on the left shows the light blue and orange Fibonacci retracement levels.
The light blue is from a partial swing low to a major swing high....
