Looking for a WT turn at the current support; if that fails, we will look for a WT turn at around 7200 on the daily.
Reasoning Explaing on Chart This is a neutral analysis but currently we don't see much sign of a reversal. We are at a previous intermittent support level which is marked out by the dotted gray line, but no clear sign of a bounce off of that line yet. If btc consolidates and falls below the dotted gray line, we are looking at support in the purple zone.
Reasoning explained on chart
Hi guys, Just want to share that analysis with the WaveTrend Oscillator. If we analyse what happened in the past we have this : On that chart, we are at the same point today. Some people don't believe in that reversal because there are other indicators that could indicate the contrary, but is this one a great indicator ? There may not be a huge bounce, but I...
So my last NANO trade was one of my more profitable trades (except for when I bought in December, of course), buying in at 76K and exiting around 135K. NANO has outstanding tech and a LOT of good news coming - New wallets, Venezuela project, and roadmap. There are rumors that the roadmap will also contain major announcements as well, as the team has been...
TTM squeeze is looking dark green while wave trend is about to cross down. Ichimoku doesn't look great either as Bitcoin is closing below the baseline. $8k at .618 retracement level can be a buying opportunity. Good luck.
Annotations on chart should see continued growth against the dollar Price always desires to return to the mean Twitter: @AzorAhai06
See comments on the chart. I expect a lot of buy orders flowing in January for massive gains throughout 2018. Good luck to all longs.
USDCHF: on wave 3 up the top of the channel Details on the chart Less is more!
Hi guys, The recent EURUSD trade idea posted are conflicted, but most agree on the longer term trend (up). If you are using my tools, there are a few easy ways to find trade entries. Today we want to find a Bullish entry, but we won't get another Trend Signal alert. However, Trend Signal is still confirming a Bullish trend. Our best way to find an entry is to use...
GBP.USD finished its wave C of B of minor ABC pattern. As per last post wave C could reach 1.2600, but price action shows us early reversal from 1.2400. From here i am looking for another impulse wave C, This wave equals to wave A.
We're at a great juncture on GDX for illustrating how Fractal Resonance Oscillators can help confirm a particular Elliott-wave structure. This is Avi Gilburt's primary count on elliottwavetrader.net and (for now) it perfectly matches the oscillator states across all 8 timescales. Notice the upcross on 15-minute oscillators coincident with the little bounce at...
rwilday noticed some good scalp buys this week from Fractal Resonance Composite lines on a 30 minute ZB chart and (facetiously) asked if it was time to buy big. In this case the 30-minute chart gives too narrow a view, but we can find the dominant timescale candidate on the 8H chart's 128H oscillator (FR_COMPONENT timescale multiplier=16). It's lead line is -87%...
That's right, multiple timescale fractal analysis on wave trend oscillators. In this case, the bottom row 8-day oscillator for GDX gave a crossover buy signal in mid-September 2015 that didn't roll over as overbought sell until August 2016 for a gain > 100%. Oscillators on all timescales shorter than 8 days embedded with hundreds of premature sell signals to...
Nyx Gaming Group has just had a 46% price increase in the past two weeks up until its peak. Price is now very overbought and as stated on the chart there are several bearish indications of why this is a good short sale. Also as you can see on the chart, price recently bouced back from the top lin reg line as it did a couple months ago. Price target is middle lin reg line.
As you can see by looking at this chart, price action has been following the upwards linear regression channel. It has just bounced from trading at the bottom lin reg line and is showing several bullish indications as stated on the chart. My price target is around the upper lin reg line (green rectangle). Trade valid until price closes below bottom lin reg line.
Silvercorp Metals Inc. is looking like it is ready to continue following its upwards trend. As stated on the chart, there are several bullish indications that support why I believe this will continue to climb. If price breaks above the mid reg line, I am watching for a price target close to the upper lin reg line around $4.65 - $5.00 Trade valid until price...
$APH, Aphria Inc. has been uptrending for months now. Using the lin reg lines you can see that it has bounced off of the top and has recovered using the mid line as a support. As stated on the chart there are several bullish indications and Im looking for a price target somewhere along the top lin reg line (green rectangle on chart). Trade valid until price closes...