Number7trader

Number7trader

If you look at previous analysis you see price respect our levels, each time some resistance. But bulls are still strong.. We added a new support trendline, wich could show us where first weakness lies 52k. Price at resistance of 57k, it may go down towards 52k support. Some support should lie there, it comes together with the upperside of the risigng channel and...

Number7trader

In previous analysis i wrote that we had support at 45k and if we broke 49k we would see 52k. That did happen and for now at resistance at 52k. Price keeps following our support trendline. For now what first was resistance becomes support afterwords. Firts support lies at 50k, below we have 46k as next support, i consider this one as a major support now. Breaking...

Number7trader

For now price is following our analysis.. the arrows that where indicated are on still track. Price is at resistance at 49k, it holds support for now at 45k. Yet it may go down to 43k and it's still in an uptrend. As long as those supports holds we can climb towards 49k again, with a clear break we can fly towards 52k and 57k. If 43k support doesn't hold i have no...

Number7trader

We knew where price could fly off, and it did. For now we have support @4.43 . If it finds support at the new trendline we will go higher, if it breaks it will turn back to 4. Wouldn't like to see it below 4 now;;;

Number7trader

For now price is at strong resistance and in our triangle. As long as it remains in the triangle we can enter long. We know if we break below under our triangle we have to take loss..The movement i expect is drawn in the chart...

Number7trader

If we don't fly off 1.69 today price may correct, A nice re entry would be in the 1.09-1.20 area. Ideal it follows yellow triangle towards higher goals 3.4

Number7trader

For now price it at support 3.39, breaking below could open a door towards major support at 3.15. A nice opportunity it seems. We can trade it with tight stops, coz we know if that trendline doesn't hold we will go much lower again. If we can break the high of 3.8 we can fly much higher, Number 4 will appear..

Number7trader

Price didin't get to 41k and went straight up. For now at resistance at 48k.Still in a rising wedge, In case resistance holds and we can get a pullback towards 43k a new entry is possible. Even at 40k we see opportunity... Breaking below We see further correction possible. When that happens we will see again where opportunity lies... Going above today's high of...

Number7trader

If the high of today 45k holds i would like to enter at the trend support lines arround 41k or at 35k but i don't think it will get there soon..

Number7trader

For now it looks like strong resistance at 30.6$. It may go down towards 28.12$. A nice entry point. I wouldn't like it if it breakes below 25$. As long as major support trendline hold it's just follow the trend for higher goals..

Number7trader Updated 

A Picture says more then a 1000 words..

Number7trader

As Long as price stays above the triangle we see more up possible. 9.6 Is important, below is not a good sign. We prefere to stay above 10.6 now, that would be a good sign