InvestingScope

InvestingScope

The 0.004663 1D support has been tested twice and will most likely break today as the 1D Channel Down (RSI = 34.803, ADX = 31.172) should seek its next Lower Low. 4H is oversold (RSI = 22.936, Williams = -86.686) on momentum and if the 1D support doesn't break, DOGEUSD may seek harmonization near 0.0052. Our short is near its TP = 0.0045. 0.003820 is next.

InvestingScope

Despite the weekly (non-technical) volatility (ATR = 0.4643), the Binance Coin has created the anticipated Channel Down on 1D but remains largely neutral (RSI = 50.191, MACD = -0.050, Highs/Lows = 0.0000) due to Monday's spike. The 8.8857 and 8.2522 support levels need to break on this Channel Down. Our TP on BNBUSD remains 7.5154.

InvestingScope

XEMUSD delivered the anticipated bearish leg on 1D giving shape to the new 4H Channel Down that should eventually test the 0.0777 1D support. As seen on the chart, 1D is a clear Channel Down (RSI = 48.355, STOCH = 33.730) but until that support breaks, on low gradient (MACD = -0.001, Highs/Lows = -0.0003). We are still bearish, aiming at 0.060.

InvestingScope

TP = 9.505 hit as ETC made a new Lower Low near 9.000 right before it jumped on a fundamental spike just above 11.000, trying the full width of the new 1D Channel Down (MACD = -0.469, Highs/Lows = -0.2671, B/BP = -0.4798). We are still within the 1W Fallling Wedge territory but much closer to its supporting trendline so a test of the 8.500 - 7.700 support array is...

InvestingScope

A strong 1D Channel Down has emerged (RSI = 40.689, MACD = -7.290, Highs/Lows = -3.8769, B/BP = -8.5962) after the Triangle broke out. The Lower Lows are clear and the next should test the 126.5509 1D support (also our TP). With 1W still under Channel Down pressure (RSI = 38.317, Highs/Lows = -6.0612), we are also expecting 100.21 towards start of November.

InvestingScope

The 1D Triangle broke to the downside and a Channel Down has emerged (RSI = 43.625, MACD = -0.651, Highs/Lows = -0.0902, B/BP = -0.0642). The obvious technical target is the 13.55 Support, which if broken should swiftly lead to our TP = 8.78 and on a Lower Low for the Channel Down. The bearish long term trend of the 1W Channel Down (Highs/Lows = -2.4138) is still...

InvestingScope

Monero delivered the expected aggressive bearish candle last week, and setting aside Monday's non-technical noise on the crypto market, the 1D Channel Down (STOCH = 32.187, MACD = -1.950) is now set and currently on a Lower High (RSI = 47.977, Highs/Lows = 0.000). 1W (MACD = -25.178, B/BP = -14.1959) is expected to push this lower towards our targets (TP = 75.792,...

InvestingScope

Tron nullified the Channel Up with last week's bearish candle on 1D that reached 0.020677, and a new Channel Down is being developed. With 4H neutral (STOCH = 54.331, Williams = -50.897, Highs/Lows = 0.0000) and 1D under High Volatility (ATR = 0.0020) due to the consecutive pattern break-outs, 1W has turned neutral (RSI = 47.011) and for the time being it is best...

InvestingScope

The 1D Descending Triangle broke on IOTA as the 0.4980 Support was crossed (RSI = 42.370, MACD = -0.025, Highs/Lows = -0.0164, B/BP = -0.0387). We have a Channel Down in its early stages and the commanding long term bearish trend on 1W (Highs/Lows = -0.0606, MACD = -0.309, RSI = 39.391) should sell every spike below 0.5800. We are still bearish on the long term...

InvestingScope

Stellar Lumens issued the desired strong 1D bearish candle that eventually formed the anticipated Channel Down on 1D (STOCH = 27.934, MACD = -0.002). Yesterday's rise distorted the technical data but to a small extent (RSI = 48.337, Highs/Lows = 0), especially since 1D closed below 50%. Our short positions for XLMUSD remain intact with TP = 0.1802 and 0.1713 (June...

InvestingScope

Last weeks strong 1D bearish candle succeeded not only at breaking the 1D Triangle to the downside (RSI = 43.192, MACD = -1.556, Highs/Lows = -0.9307, B/BP = -2.9740) but also at breaking the 54.472 Support. A new 1D Channel Down is emerging, pressured by the selling action on the 1W Channel Down (MACD = -21.797, RSI = 37.309). We are still on a medium term short...

InvestingScope

EOS made a violent bearish 1D candle last week to touch 5.000 but was not enough to break the Triangle pattern on 1D, which is still neutral on RSI = 49.583, ADX = 19.173, Williams = -48.590, CCI = -11.4980, Highs/Lows = 0.0000. This prolonged consolidation is gradually turning the bearish 1W trend (RSI = 44.209, MACD = -0.879, B/BP = -1.6696) to neutral...

InvestingScope

XRPUSD made a new Low last week at 0.3787 followed by a Lower High during yesterday's market rise, maintaining the Channel Down state on 1D (RSI = 52.765, STOCH = 34.777, Highs/Lows = 0.0000). A new Lower Low is expected to 0.3200 this time. Our TP on Ripple remains 0.27100. 1W is still on very long term bearish Lower High pattern (RSI = 48.533, MACD = -0.067). At...

InvestingScope

Despite last week's aggressive rise, Ethereum found support just below 190.00 and followed the general buying frenzy of the crypto market yesterday to above 240 levels before eventually giving back 50% of the daily gains. These Higher Low and Lower High spots have created a wider 1D Triangle (RSI= 47.763, Williams = -46.179, Highs/Lows = 0.0000) but still more...

InvestingScope

TP = 1.1450 hit on a near bottom for the 1D Channel Down before it eventually rose again to 1.1610 for a near 0.5 Fibonacci test. Since this is also a technical Lower High on the 1D Channel Down (Highs/Lows = 0.0000, MACD = -0.001), we expect EURUSD to resume the downtrend and make a Lower Low towards the 1.1300 1W support (RSI = 44.434, B/BP = -0.0073). TP =...

InvestingScope

The 1D Channel Up broke to the downside (Highs/Lows = -1.2329, B/BP = -1.8920) but managed to find enough support (RSI = 47.344, MACD = 0.570) for the moment near 70.50, which has high importance as a mark. First, it is the Higher Low supporting trend-line on 1D and second the 0.500 Fibonacci level. Our long term TP for USOIL remains 77.60, additional long taken...

InvestingScope

The 1W Channel Down (RSI = 36.444, MACD = -236.700, Highs/Lows = -537.4643, B/BP = -1239.0620) eventually broke the 11,725.30 support and led DAX near its Monthly support zone of 11,200 - 11,400. Those levels are also a potential Higher Low array on the long term 1M (monthly) Channel Up (RSI = 45.274, MACD = 241.600) that started in March 2009. A moderate medium...

InvestingScope

The index aggressively crossed the 1W Channel Up to the downside last week (RSI = 36.642, MACD = -236.100, Highs/Lows = -527.9643, B/BP = -1241.7760) presenting the first such correction on S&P since March. I has however found support near the 0.618 Fibonacci retracement level on 1M (monthly). Also the Monthly Higher Low supporting line is just below, indicating...