On the logarithmic chart EOS has followed its Channel since the 18th December 2018.
That could mean that the chance of getting supported by the lower upwards trending support line of the channel is smaller than in a younger channel.
Besides that, I think there is a good chance of getting supported by the Channel and the EMA-Ribbon on the Daily log Chart of EOS....
Stock investing strategies
Read more: www.pretiming.com
Investing position about Supply-Demand(S&D) strength: In Rising section of high profit & low risk
S&D strength Trend Analysis: About to begin an upward trend as a adjustment trend gradually gives way to increasing limited falls and strong...
Bitcoin looking bullish for the shorter time frame breaking out from that triangle and trying to test the 8730 USD level for now. If it can break that level we are going to see a retest on the level at around8829 USD 9030 USD shortly and we will be heading to 9500 USD major resistance level.
Looking at the chart, we see some similarities in term of set up from the last breakout up to the 48 cent level or so. After this burst, it seems we have settled around the.38 cent level. It looks like this base is established (touching this level a couple times) If we sort of follow the pattern in the first set up, we could find ourselves slowly moving up at...
The bitcoin market rallied a bit on Friday and Saturday, reaching towards the same resistance areas that we had seen previously during the last week. The recovery shows that there are plenty of buyers waiting for any opportunity to buy Bitcoin.
At this point, the market seems similar to the rally we had at the end of 2017. If we break the 8250 level, the market...
Are we going to continue up? All the angles are pointing to a major move, fundamentals are growing, market enthusiasm is growing, volume is growing and the bears are still in force, but now so are the bulls. I'm going long, so if we fall I will continue to accumulate but I am not selling any BTC at the moment. Have targets set for my ALTS.
What do you folks think?
My expectation for price action is indicated by the thin green and red arrows.
Blue triangle indicates the current range.
The large dotted green arrow indicates the overall trend.
Green box is buy.
Red box is sell.
Blue line indicates major support/resistance identified by the fib channels.
Green & Red lines indicate t/p.
Black dotted lines are fib...
RSI reaching higher highs @70. How long can we keep it overbought?
DUST is reaching SMA(100) which has been the on a YTD downtrend. Hopefully we can brake through the 25$-26$ to change the direction of that main trend.
U.S. Dollar / Japanese Yenn FX:USDJPY
The market moves in the uptrend. The cost achieved the opposition level and we ought to be prepared to see a rectification development. In the event that the value bobs from the obstruction zone , It will be conceivable to open short exchanges dependent on lower time spans. This zone will most likely stop and turn around the...
The price has broken the symmetrical triangle and it has closed above the resistance zone.
The price is making a little pullback and then it will continue its upward trend.
MACD change of trend is shown in the graph within the broken resistance
Comment your thoughts below!
LTC / USD as I predicted in my last analysis has started to make a small correction on the 1 day chart. We are seeing a drop to $53 and our closest support will be the $50 range, where the bottom of the upward channel is in blue. As I depict with the arrows, the directionality could still be upward in the following days and week. But for now there is a good chance...