Congratulations Traders!! Right now, I would like to start with the result of our previous analysis: we reached our First Target and we gained an upside of 16.64%. Let's keep this up and don't forget to read Today's EOS Analysis.
EOS remains in a lateral movement fluctuating between a resistance line of $14.65 and a support line of $13.84. If the candlestick...
ETH remains in a lateral movement fluctuating between a resistance line of $615 and a support line of $590. If the candlestick breaks out the resistance line, we will take a LONG position to reach our 1st Target at $641 (5.2%) and maybe the price will reach our 2nd Target at $726 (19.04%). If the candlestick breaks out our support line, we will take a SHORT...
Ripple remains in a lateral movement fluctuating between a resistance line of $ 0.68 and a support line of $0.65. If the candlestick breaks out the resistance line, we will take a LONG position to reach our 1st Target at $0.70 - $0.71 and maybe the price will reach our second Target at $0.75. If the candlestick breaks out our support line, we will take a Short...
Today's analysis we have a falling wedge even though we do not have convergence in the MACD, so we conclude that it might make a correction looking for strength again to try to reach the first target of $8,000-$8,500.
We need to wait for the break out of the resistance line at $7,700 to take a safe position. We have a double bottom at $7445 that might reverse the...
So right now, we are in an indecisive market where the price movement is lateral. As we can see in this chart, we have two major resistance lines at $140 and $167 as well as two major support lines at $109 and $90. The MACD is probably indicating an oversold scenario, so if the price breaks the resistance of $140 then the price might try to reach the moving...
Hi Traders!!
If the candlestick breaks the resistance line then we expect to see an uptrend that might generate a profit of $200- $500 for each BTC.
If the candlestick breaks the support line then we expect to see an downtrend that might generate a profit of $200- $500 for each BTC.
JUST PATIENCE
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