Hey guys! I have made a lot of analyses on NLGBTC which showed the upside potential, however, none of them came out to be right. But then again, I have also given a clear stoploss! If you would had followed my idea, you would hadlost 10%, but you will now be able to buy 30% more NLG! But wait... Should you buy now, or should you wait? In general, the entire...
EURNZD has been showing mixed signals for months regarding direction, its still within a ranging zone on monthly and weekly. This pair is advisable to only trade ones a definitive direction is established in a breakout below the monthly support zone , else price will make way to retest the descending monthly inner cross trendline, before shorts move in heavily.
EC due for inner weekly ascending trendline retest, we expect a break and retest of diagonal daily Head and shoulder. Sell only when break occurs.
Gold is still moving within bearish descending trendline , current price bearish sentiment is respecting trendline techs. A highly possible bullish breakout at the end of this bearish channel is expected, wait on breakout and retest to buy from 1215-1212, towards 1265 first TP.
Waiting for the price to either drop to 415 major support level and see if it drops further the way it goes in metals (if that happens, I'll cry lol), or if it breaks out at 500 resistance level (point where I'll buy more ETH again). cryptovest.com mashable.com Weekly: Confidence: C (because let's wait and see)
I am rethinking my strategy and targets ( ) as volume has been disappointing. we can see that 6300$ is a very tough resistance to break. We had 2 wicks through it but never closed above it. why 6300 region is tough barrier to break: - Tenkan 1D - Kijun 12H - 0.5 fib retrace why 6300 might break: - have been poked 5 times in 1H, which makes it weaker - 12H...
For me I won't touch XAG/USD till the breakout confirmed either ways!
as we can see in 1 hour time frame macd and rsi exactly moving toward each other and also channel break out strategy also confirming that. but i suggest wait till price cross the first resistance and toward upside then go long and wait to see what pair will face in second resistance...
Double bottom around 6K$ (buy zone 5800 to 6200 $) before test zone at 6350 for a up to 11600$ for mid April !
Riding the bullish sentiment on AUD in COT report along with its rally last week after some good news regarding its better than expected trade balance as well as China's CPI, and Australia getting exempted too from steel tariffs imposed by Trump (like Canada and Mexico). Must monitor CHF and EUR closely though because any signs of rally soon might make this pair...
With AUD rallying since last week (see AUDCHF Long idea), and JPY not ending its QE anytime soon (at least until 2019), riding the possible upward bounce for this pair with buy stop order near 85, with TP @88 (near weekly resistance) and SL near previous day's support @83.6. portfolio-adviser.com www.businessinsider.com.au www.businessinsider.com.au Daily: ...
currently awaiting wave 4 to take shape and will consider entry below 2,50
Now I'm absolutely sure that BTCUSD will hit 6300-6400 (major trendline support), the main question is if we fall through that or rebounce from there. 5500 is a a strong support. Don't be fooled by dead cats bouncing. In the meantime, get ready your cash you got from granny for Chrismas!
We are just about to break the upward Trend here and price already breaks the rising trendline on friday. Just below current price we can find an interesting s/r zone which needs to break before i consider a short entry because price could easily find support here and start to push up again . Without this s/r zone i would enter this trade depending on the monday...
The BTC/USD pair is on a sideways market between the Short-term resistance and the Short-term double support . In the next hours or days the price may touch the nearest double support level at 13,100. The two scenarios are: A break out down this level: This may indicate further tumbles in the pair, possibly reaching the Long-term support. A bounce:...
ETHUSD Update Neutral in near term but still bearish whilst trapped under 440 Very interesting price action here: having sold at 468/9 we were waiting to see if ETH could hold up above the lower parallel...it tried so hard for a few hours but eventually it succumbed...failed breaks: remember the pyschology gone over in past posts...day traders are out almost...