Possible Sinking continues to EURCAD as you can see there lets wait for the retest to get more confrimation
In front of you is a potential Double Top Pattern on GBPAUD (Pound Aussie). It should be valid if it breaks below the area assigned 'ENTRY POINT'. If that's the case your SL should be at the white horizontal line (Resistance Area). Take profits area are show in green. Trade with care. Share your opinions & ideas in the comments section
BCHUSD seems to be holding above a key support level, but the downward sloping resistance line will still be in play for some time. Short-term, if the price breaks above the short-term downward sloping trendline, then there may be support for a slow move upwards, limited for now by the horizontal resistance line.
Price has com up to hit the back of a sliding parallel, and is showing a bit of weakness. I think that we will see more overall consolidation here at the 2791 area as price is losing momentum.
Bearish flag pattern of past week scares everybody who hodl that coin. We think it could be even worse, theres a big possibility Ripple can break to 80cents and then slowly recover after few hours/days. In our It'll be very fast race, as you can see at the chart, breakdown could happen tomorrow, but no one knows, XRP market is very unstable and forecasting it is...
Trend lines show it, just hodl and keep it simple.
USoil in an uptrend channel moving towards the 64$ price level in the next weeks. 50 period EMA supports the trend. No divergence on RSI.
Because of the quick move between A-B, I have created the modified schiff fork to the downside, which is showing good frequency as marked with the arrows to the downside. This could very well be the controlling fork to the downside.
Price is near resistance at this sliding parallel, and also near the middle median line. Look to see if price can continue higher from here, or if we will pull back.
Price is coming up to resistance at the median line, and this sliding parallel. Look for price to bounce downward soon.
Price is gaining momentum to the upside. Lets see if we can break 2700 and break higher to continue again towards the middle median line.
Price is at possible support on the marked sliding parallel, trying to go higher. look to see if price rises from here over the next week.
Price has broke through warning line 1 and is now testing it as support. Look to see if price can try to break 2700 and retest as support to go to warning line 2.
Price has hit the next sliding parallel and is retracing. Look to see if price can continue higher towards the middle median line.
I have drawn in a much closer pitchfork which had good touches on it. We have risen again above the lower median line , so look to see if price comes down to touch and continue higher.
Price has broken higher above 2675. Look to see if price will come down to test warning line 1 as support.
Price is extended up to resistance near 2675. We have dropped a bit, and are now testing another resistance point at 2665. Look to see if price will drop a bit more before trying to break 2675, or if we can get a push above 2675 and retest as support before going higher.
Price is continuing to try to push higher. Look to see if price can climb through warning line 1 and continue upwards, or if we will just continue to upwards.