Potential reversal or buying zone: $0.4487 to $0.3755 (this should be stop loss) Fibonacci projection or sell zone: $0.5147 to $0.6620 Regards, Atif Akbar (moon333)
-Daily SRSI bottomed. -Moved above weekly open. -Moved above multiple MA's on lower timeframes -Moved above 5 MA on Daily Obviously BTC decides the direction here. If BTC keeps in an uptrend or keeps ranging between 3-4k my guess is altcoins will do well. Will we see a 1:1 extension or are we going for a double top?
Here's a pretty decent coin that is, among many others, completely under-priced at present.. As is clear on the chart it's been a Stellar performer in the past and now's the time to get yours.. Won't stay at these levels for very long, so borrow money from Gran and say it's for a brighter future..
The trend is your friend. Riding the next leg up
We are leaning to a bearish DAX due to it Being under the Stratus Cloud Formation Making a lower high at the top of the Trendline (Black) Bearish Future Cloud (Kumo Bear Twist completed) However we see two scenarios that could play out and will wait for confirmation of break of either Trendline (Blue or Black) on the Daily time frame.
So this is a update to our post from yesterday on EURJPY. We had a neutral stance on it because it was planted in a wedge just below the top of the Cumulus Cloud Formation. We have now taken a long on its break of the Cloud + Lagging line above the cloud & price. It didn't break with much momentum however has upside targets of 140.862 Our stops are following the...