Conclusion for today’s Litecoin analysis:Price close above ~84.28 implies further upside or bullish momentum in Litecoin. Litecoin analysis for today uses a 1 hour timeframe to explore opportunities, long or short. Chart inspection is from the most recent price peak of 99.43 on April 03, 2019 to current date. Market action that ensued after the April 03, 2019...
Conclusion for today’s Analysis: Price closing below 0.88757 presents a lot of trouble for NZDCAD bulls... NZDCAD analysis for today is carried out on a 6 hour timeframe candlestick chart with coverage of over 5 months of price action. Major resistance on the 6 hour timeframe is presented by price level at ~0.92583 with a double top forming between December 05...
The CHFJPY chart presented today is the 4 hour timeframe with analysis provided to inspect current chart patterns that are crucial to future price development. The peak in price on March 03, 2019 ended the bullish price swing from the January 02, 2019 price low of ~106.207. The CHFJPY with respect to the 4 hour timeframe remained in a sideways or ranging...
Conclusion for today’s EURUSD Technical Analysis: Price closing above 1.12605 increases the chances of continuation of current bullish price swing from 1.11106. The 1 hour timeframe of the EURUSD is presented in this analysis with price action from the peak of 1.14471 on March 20, 2019 to current date. The overall downtrend from the aforementioned peak in...
Conclusion for today's CADCHF analysis: A sell off in the CAD CHF is anticipated that should last for weeks or months The Daily timeframe of the CADCHF is presented in this analysis with a falling wedge chart pattern highlighted. A falling wedge is ideally bullish, but in this case, price consolidating and selling off at the upper boundary of the wedge implies...
Conclusion for today’s Ethereum Price Analysis: A break below 157.01 implies resumption of bearish strength in Ethereum with lower prices anticipated. Ethereum analysis for today takes a look at the chart patterns that are currently active and/or tentative to help guide long (buy) or short (sell) decisions based on future development of price action. Ethereum...
Increase in bearish strength and failure of consolidation around 54 implies more selling. Target in this case would be 42 or lower. Litecoin analysis for today is carried out on the 6 hour timeframe . Previous analysis highlighted the tentative channel to provide context for bullish price action since the 22.844 price low achieved on December 14, 2018. April...
Conclusion: Conservative strategies to buy (go long) Bitcoin involves initiating an order(s) on a breakout above ~6154.60. A logarithmic scale is used on the 6 hour timeframe for today’s Bitcoin analysis. Besides, the Bitcoin candlestick chart displays price action since January 02, 2018 to current date. February 06, 2019 produced the lowest price in Bitcoin...
Conclusion for today’s EURCAD technical analysis: A bearish bias is favored that should see the EURCAD sell off with a minimum expectation of price reaching 1.49380 EURCAD analysis for today is examined using the 1 hour timeframe candlestick chart. April 01, 2019 to current date is considered in this analysis for the FX pair, with a bullish trend ever since a...
Conclusion for today’s Neo technical analysis: The minimum expectation for the price of Neo is 6.27 Neo price chart used for today’s analysis is the 4 hour timeframe with coverage of over 4 months of price from December 07, 2018 to current date. The bullish swing that arose in Neo from a price low of $5.50 on December 15, 2018 is tracked here using the 50...
Conclusion for today’s EURGBP Analysis: Price closing above 0.86758 implies continuation of the bullish price swing from 0.84719. EUR GBP analysis for today is carried out on a 6 hour timeframe candle stick chart, with major attention drawn to price action between February 27, 2019 and April 16, 2019. The duration mentioned above saw the EUR GBP form a major...
A breakout and price close above 16.202 is bullish for Silver….bullish price swing should last for weeks to months. The Daily timeframe is examined in today’s XAGUSD analysis with coverage from price peak of 21.00 on July 1, 2016 to current date. The major trend in Silver ever since its peak of 21.00 is bearish. The chart pattern that is of consideration in...
Conclusion for today’s GBPJPY analysis: Resistance between 150.445 and 149.479 is crucial for price action, as well as the current symmetrical triangle chart pattern. The GPJPY is examined today on its Daily timeframe with the main purpose of inspecting chart patterns and the guidance they offer concerning future development of price action. Coverage of price...
Conclusion for today’s Litecoin Price Analysis: Litecoin price analysis for today is presented on an intraday timeframe (1 hour) with the main purpose of exploring the current chart pattern(s) under formation. Coverage of price action is from April 02, 2019 to current date. Breakout from a region of consolidation saw the price of Litecoin make a move from...
Conclusion of today’s CGC (Canopy Growth Corporation) analysis: Price closing below ~35.45 or 24.78 implies lower prices in Canopy stock price. The purpose of today’s CGC stock analysis is to inspect the different chart patterns that can be identified in CGC (Canopy Growth Corporation) and their implication(s). Use of a logarithmic scale of the Daily timeframe...
Conclusion for today’s NVDA stock analysis: NVIDIA (NVDA) is expected to find support between 171.12 and 167.32 before price resumes current uptrend from 130.73. Previous NVDA technical analysis looking at its 6 hour timeframe moving averages (50 and 200), their implications and also price development anticipated is provided below. NVDA Stock analysis for...
Conclusion for today’s Ethereum Analysis: A close above 187.45 is crucial for Ethereum to maintain its current bullish momentum from 84.00 Ethereum technical analysis for today is presented on the 6 hour time frame candlestick chart using a logarithmic scale. The only goal of using a chart pattern is to make profit. For this to happen, the most crucial aspect...
Conclusion for today’s Ethereum Classic Analysis: Conservative entry into a long (buy) position(s) is best carried out on a breakout above 9.47. Over 17 months of price action is shown on the Daily timeframe of Ethereum Classic from October 2, 2017 to current date. Using a logarithmic scale for analysis and chart inspection, the bearish channel in Ethereum...