Description: Price is approaching our pivot of 0.77878. We could see a medium-probability bullish scenario, from our Pivot towards 1st resistance at 0.78082. Otherwise, failure to hold above pivot could see price swing lower towards 1st support at 0.77610. Do note that price is trending above the moving average, in line with our bullish view. MACD is also above...
Description: Price is facing bearish pressure as it is trading below the trendline and is retesting our pivot level where the 61.8% fib retracement is. A drop from our pivot at 105.18 towards 1st support at 104.80 could be possible. Failing to edge below the pivot would see price swing towards 1st resistance where the horizontal swing high is. Pivot:...
Price is facing bullish pressure from our pivot, in line with our horizontal swing low support, ascending trend line, 50% fibonacci retracement and 78.6% fibonacci extension where we could see a further upside to our first resistance target at 28.4534. Ichimoku cloud and 20 EMA are showing signs of bullish pressure as well, in line with our bullish bias. Pivot:...
Price is facing bearish pressure as it continues to hold below the Ichimoku cloud in line with our bearish bias. We expect a medium probability bearish drop from our pivot towards our 1st support at 1.26556. Otherwise, a break above the pivot should see price swing towards 1st resistance at 1.27052. Pivot: 1.26832 Supporting Points: 38.2% Fibonacci retracement,...
Price is facing bullish pressure as it continues to hold above the moving average support in line with our bullish bias. We expect a medium probability bullish rise from our pivot towards our 1st resistance at 1.21492. Otherwise, a break below the pivot should see price swing towards 1st support at 1.20843. Pivot: 1.21150 Supporting Points: 23.6% Fibonacci...
Description: Price holding above moving average and pivot at 3914. We expect a medium probability push up towards 1st resistance at 4003. Otherwise failure to hold above pivot will see price drop towards 1st support at 3882. Pivot: 3914 Supporting Points: 50% Fibonacci retracement 1st Support: 3882 Supporting Points: 23.6% Fibonacci retracement 1st...
Description: Price is reversing from our pivot of 0.77219. We could see a medium-probability bearish scenario, from our Pivot towards 1st support at 0.77015. Otherwise, failure to hold below pivot could see price swing higher towards 1st resistance at 0.77377. Do note that price is trending under the descending trendline and moving average, in line with our...
Price is facing bullish pressure as it continues to hold above the Ichimoku cloud in line with our bullish bias. We expect a medium probability bullish rise from our pivot towards our 1st resistance at 1.21535. Otherwise, a break below the pivot should see price swing towards 1st support at 1.20904. Pivot: 1.21133 Supporting Points: 61.8% Fibonacci extension,...
Price is approaching our Pivot at 1.27166, where we see a medium-probability bearish scenario for a further push down towards 1st support at 1.26676 as a possible target. Otherwise, should price fail to hold below our Pivot, we could see price swing the other way towards our 1st resistance at 1.27617. It is worth noting that Stochastics is also testing the upper...
Description: Price pulled back below all time high but holding above Fibonacci confluence zone and pivot at 31313. With RSI on support where price reacted in the past we should see a bounce towards recent swing high and 1st resistance at 31515. Otherwise failure to hold above pivot will see price drop towards 1st support at 31178. Pivot: 3918 Supporting...
Description: Price is facing bearish pressure as it is trading below the EMA(34) and is breaking below previous overlap support level at pivot . A drop from our pivot at 104.66 towards 1st support at 104.08 could be possible. Failing to edge below the pivot would see price swing towards 1st resistance where the horizontal swing high is. Pivot:...
Description: Price is bouncing from our pivot of 0.77345. We could see a medium-probability bullish scenario, from our Pivot towards 1st resistance at 0.77533. Otherwise, failure to hold above pivot could see price swing lower towards 1st support at 0.77214. Do note that price is trending above the ascending trendline in line with our bullish view. Pivot:...
Description: Price is facing bearish pressure as it is trading below the EMA(34) and is breaking below previous overlap support level at pivot . A drop from our pivot at 104.64 towards 1st support at 104.08 could be possible. Failing to edge below the pivot would see price swing towards 1st resistance where the horizontal swing high is. Pivot:...
Price is facing bullish pressure from our pivot, in line with our ascending trend line, 38.2% fibonacci retracement and 61.8% fibonacci extension where a bounce above this level to our first resistance target at 28.3952 is possible. Otherwise, a break below our pivot will see price drop towards 1st support at 26.2302. Pivot: 27.1254 Supporting Points: ascending...
Price continues to hold under the Ichimoku cloud, showing bearish pressure in line with our bearish bias. We see a medium-probability bearish scenario for a further push down towards 1st support at 1.26430 as a possible target. Otherwise, should price fail to hold below our Pivot, we could see price swing the other way towards our 1st resistance at 1.27559. ...
Price is facing bullish pressure as it continues to hold above both the Ichimoku cloud and ascending trendline support in line with our bullish bias. We expect a medium probability bullish rise from our pivot towards our 1st resistance at 1.21535. Otherwise, a break below the pivot should see price swing towards 1st support at 1.20904. Pivot: 1.21133 Supporting...
Description: Price and RSI are currently showing bearish divergence. A drop below our pivot at 3918 which is also our recent swing high towards 1st support at 3872 and 23.6% Fibonacci retracement can be expected. Otherwise failure to hold below pivot will see price swing the other way towards 1st resistance at 3978 Pivot: 3918 Supporting Points: Graphical swing...
Description: Price is reversing from our pivot of 0.77341. We could see a medium-probability bearish scenario, from our Pivot towards 1st support at 0.77045. Otherwise, failure to hold under pivot could see price swing higher towards 1st resistance at 0.77562. Do note that price is trending above the ascending trendline, where price may return to. Pivot:...