On XBT/USD we have an important disruption of an important channel previously mentioned in one of our analysis which culminated in the encounter of an old support. With the moving averages pressuring the price we have a possibility of the breaking of this support, looking for the expansion of the pivot as a target.
On AUD/JPY we have an important breakout of a Downtrend line and the moving average of 200 periods, which bring to the asset a bullish perspective. Our entry price is set above the breaking of 61% of the wave, the target price is set in a previous important top and the stop is in the downtrend line previously broken.
ENTRY PRICE: 81.913
On Oil, we have a possible exhaustion of the bullish movement and with this weakness, the uptrend line could be broken. The price is still below the fast-moving averages of 8 and 20 periods. Our entry is the breakout of the Uptrend line, the stop is the previous top and the target is next to 50% of the Fibonacci retracement, of the bullish wave, coinciding too...
On CHF/JPY we have a Downtrend line, with the possibility of a false breakout, because of the moving average of 200 periods above, this it'would be our entry, our stop is in 61% of the Fibonacci retracement of the bearish wave and the target is an accumulation in a important previous fund.
On CHF/USD H1 we have an Uptrend Line giving support to the prices, the same one realized one bullish wave with support in 50 % of Fibonacci, after that, we traced one expansion with a target in 100% of this wave.
ENTRY PRICE: 1.0554
In BTC/USD the asset searches for a recovery, but the technical indicators expose to us the weakness of this attempted. The asset is below, the 20 and 200 moving averages. In the U$ 12.000,00 level price, we have a double top. Hardly the investors are going to face up this indicator of a bearish move, with the Bitcoin close to breaking the macro tendency on 61% of...
On OMG/USD in D1, we have a pullback in the 20 moving average, in a support of 38% of Fibonacci. Followed by an attempted to break the downtrend and if possible break the top of wave 1, sparkingly the beginning of wave 3. Strong bullish movement on sight.
On D1 chart at Bitfinex, we see BTC/USD accomplish a pullback in the 20 moving average, searching for the downtrend line to test before the e formation of a strong bullish candle yesterday. We could be living the beginning of a wave 3, movement that needs to be confirmed by the breaking of the previous top.
On the BTC/USD we see a strong reaction to the support of the macro trend in 50% of Fibonacci. In the micro trend of the wave in force we saw that the price oscilated until 38% of Fibonacci and is realizing a possible bullish engulfing. We have as target in the short term the down trendline. Further charts details, are featured above.
By Trader Igor Lucio
Looking at a macro fundamentalist scenario we have some interesting points that the mainstream media intends to hide from their headlines.To base the valuation potential of the bitcoin in the long term we have the technology behind this coin as a watershed for the world. The gold was the ballast to our economics relationships for millennia, for religious...
On the Omise Go in D1 we see a false breakout pattern in the macro tendency, culminating in a response of the bulls. Trough the observation of the wave 1 we can project a strong and solid movement to the asset, that should reach a new all time high soon.
Today we are going to analyze the BTC/USD - D1, on the Bitfinex we have a false breakout pattern in the macro tendency, creating a new bullish cycle. The false breakout, work with the momentum principle that “no market movement is validated by just on candle”, this kind of movement, reflex the euphory of the opposite side of the breaking resulting in a beautiful...