DragosAlexandru

DragosAlexandru Updated 

Bitcoin. Biggest crypto coin is still inside a triangle with a sharp fall in the last 3 days. Price finds itself at an interesting zone: almost touching a strong trend line, in that zone we also have the 0.786 fibonacci retracement. RSI almost oversold, last time in that area it was followed by a rise in price. We could have bullish movement soon; let's see if the...

DragosAlexandru Updated 

Dow jones index on a daily chart finds itself on a resistance area. MACD pointing upwards showing potential bullish move, but we have to take into consideration average directional index which shows us the strenght of the current trend which is very low. Let's see what happens next. Have patience

DragosAlexandru

Litecoin. Average directional index shows us that the current down trend is loosing momentum. We have 2 important trend lines which form a triangle, price finding itself near the apex. Let's see where it will break. Every movement is an opportunity. Have patience.

DragosAlexandru

After a long period of lateralisation the price dropped to an area where we find a heavy support zone and the ascending trend line. RSI finds itself at an oversold zone confirmed by Bollinger bands where the price touched the lower MA. Interesting zone of trade. Let's see what happens next. Every break out will be an opportunity.

DragosAlexandru

After a sharp falling we can see that the price makes a flag, which usually is a continuation pattern, but it found some support at 1.35-1.36 area. RSI looks very oversold and we can see a xabcd pattern which means that a revearsal or at least a correction should come. Every breakout is an opportunity.

DragosAlexandru

Dollar index just broke above a resistance zone. Trend is up, but RSI is above 70. I expect to see a flag or a retest, for RSI to cool down, but if not next resistance zone is the target. Let's see what happens next.

DragosAlexandru

On a longer period of time we can sse the clear uptrend, the yellow channel, but lately, when the price touched the white dotted resistance area it bounced back, the price founding itself now in a symmetrical triangle. Short prediction is valid until we touch the lower blue line. Let's see what happens from there on.

DragosAlexandru

Failing to make a higher high and bouncing back strongly from 10000 level Bitcoin shows a bearish momentum. We find it now in a confluence of support lines, but RSI already made a bearish divergence. Let's see what happens next. Every break is an opportunity.

DragosAlexandru

After a nice climb we start to see signs of weakness, Average directional index shows that the current trend is slowing down, RSI is almost in the overbought area. The rising wedge is a clear sign of fall and is almost near the apex, where we find the 9000-9200 resistance zone. It already formed a doji, maybe it could climb a little bit higher, but if it...

DragosAlexandru Updated 

As we can see the trend is clear, but, as long as we have a but we should have patience before going long. Our price failed to make a higher high from the previous and for now is stuck around 1.43 area. There we have a pattern which is called AB=BC, and after this usually a fall in price should come, for retesting the trend line. Right now, an ascending triangle...

DragosAlexandru Updated 

Hello everybody. On a daily chart EURJPY pair passed through 131-132 resistance zone and after retest it starts climbing up. At that level we have the 100 and 50 EMAS which now act as support. RSI above 50 and pointing upwards indicates us the bullish trend. Most probable will test the 134 zone of resistance.

DragosAlexandru Updated 

On a daily chart we can see the price in a resistance zone, a little bit above it the 0.786 fibonacci point of retrace from the previous bearish move. RSI made a divergence but started to fall from the overbought area; we can see it now pointing upwards, in this case the price could form a flag and could continue its run. Let's have patience and see what happens...

DragosAlexandru

After the previous run bitcoin makes a sideways movement which looks like a flag, but we can see that it finds itself between 2 important areas, the support and the resistance which are strengthened by the 30 and 50 EMAS + 0.236 and 0.382 Fibonacci retracement zones. I believe that we will see sideways movement until it tests the upper line of the big triangle....

DragosAlexandru

Hello friends. Seems that EURUSD pair started its ranging movement in January , which was actually a correction from the previous run. In 5th of april it touched the trend line and bounced back up, with the 50 EMA as a strong support. I tend to say that this ranging movement is actually a flag on the bigger time frames like weekly and i expect to go up. Anyway we...

DragosAlexandru Updated 

Daily chart, we have a long period of side-ways movement which shows us signs that it could end. I marked with dotted lines important zones of support and resistance. We can now seethe price testing 0.87 area. For me is no trade, for now. The price is struggling to break the falling wedge but around 0.875-0.88 there is heavy resistance + 0.236 Fibonacci and the...

DragosAlexandru

Fractals. Because the markets tend to repeat themselves; on a daily chart I marked the fractals in rectangles, we are now in the spot we were last year in september. After breaking the 71 area of resistance, it retests it and goes further up. I expect a run to the trend line and after that, when it touches to see a correction. If it breakes the upper trend...

DragosAlexandru

On a bigger time frame we can see a big rising wedge which will finally lead to a fall; but for now trend is clear, it tested 50 EMA and the trend line where was a big support and it bounced right back. Higher highs, higher lows, there you go.

DragosAlexandru Updated 

From the beginning of the month we can see a side ways movement for ethereum on a lower time frame like H4, and a test of the white trend line seems good to go. On a daily time frame we can see the price under an important resistance level and indecision in the last couple of days. Even though RSI looks very oversold, ADX seems that this current side-ways...