VanSteenMarketResearch

VanSteenMarketResearch

Sell off in today's Asian session, breaking lows and changing the market to a bearish structure. Expecting continuation, potential retest to 0.76 and a move futher down to 0.7525.

VanSteenMarketResearch

First had a downtrending channel, recently price broke out of this channel, but finds it hard to break clearly. Matching up a zone of resistance and an area that looks like a double shoulder head and shoulder pattern, price is more likely to go down and test the lows for a potential bottom in the market. Conclusion: View is neutral until it either breaks the...

VanSteenMarketResearch

MONTHLY CHART Price clearly uptrending, strong support at 21k, clearly rejected at 24k. Needs to create a solid area of resistance there, so expecting price to go up there and test if this level is really a relevant resistance level. 21k also a fib respectation, so decent support to range between those levels for a while (potentially) Conclusion: View is...

VanSteenMarketResearch

I know not a lot of people normally analyse the dollar index, my broker does not support it but can still analyse this. MONTHLY CHART On the monthly chart biggest dollar weakness seems to be over. The facts: -Price dropped of like a year ago, broke lows, so created a downtrend. Price recently tried to break highs to go bullish again but looks like it...

VanSteenMarketResearch

Decisionpoint: break or reject. Rejection candles on the bottom show good potential breakout

VanSteenMarketResearch Updated 

Perfect respectation of the channel touches, as marked on the chart. The 820/830 barrier break confirms the uptrend. For the short term, price still consolidating and able to drop off a little bit, but really likely to reverse to a bull trend. Price reaches 760 or below, we are still remaining bearish on this one.

VanSteenMarketResearch Updated 

Really like the look of this, everything matching up perfectly. Unfortunately I'm not able to trade this with my broker, but for those who can, put this on your watchlist.

VanSteenMarketResearch Updated 

Strong 25000 barrier with early signs of momentum slowing down towards that level. Bear move expected soon. I'll keep this updated.

VanSteenMarketResearch

Fundamentals: Annual Report as well as the Q1 2018 report are very positive, so the fundament behind the chart is good for an uptrend. Technicals MONTHLY CHART -Trendline is confirmed, clearly going up and respecting that line. -Now trying to test all time highs but doesn't look like the best setup for a price explosion; quite a lot of weird up and down...

VanSteenMarketResearch

I see all those charts about bitcoin, people saying it'll go up, others say it'll go down. I'm sharing my views on every timeframe, starting from the Monthly, going down to the 1H chart. MONTHLY CHART Not so much of a chart to analyse, but we have some data that can be analysed. > 1 : There are significant rejection candles at the whole area between...

VanSteenMarketResearch

Price potentially heading towards 12600 in the future because of major sell off within this bullish structure. As I always mention, those are scenario's. Without a stop loss, take profit, risk reward and proper position sizing there's no reason to get it. It's just a market prediction. In this case, price didn't even got to the price where I want it to be,...

VanSteenMarketResearch

85 level break, coming from a dowtrend, slowing down, potential 100% trend reversal. Up to 90. Clear break above 85 is the confirmation.

VanSteenMarketResearch

Buyers trying to break the 1300 level, looks like higher lows are being created right now, price already broke the kind of channeling structure where price was trading in for 2 months. If you want to attach fundamentals to this, it can be political (fear) because of the unstable situation.

VanSteenMarketResearch Updated 

Just an idea of what MIGHT happen. Those are not strong analysis, just an idea

VanSteenMarketResearch

Price heading towards a strong area of resistance, already rejected. Be aware of the PMI data of CAD dollar in the US session, this might move the market a little. Expecting price to reject at 1.74, with a target down to 1.73 and maybe further.

VanSteenMarketResearch

EOSUSD showing a really strong barrier for price between 15-16. Strong rejection with a significant sell off, not really likely to push any higher. Anyways, on the DAILY timeframe it looks like price is switching to an uptrend because price broke the highs. My view is still neutral/bearish on this pair. Also, check other cryptoanalysis to see any potential...

VanSteenMarketResearch

Potential head and shoulder forming up, which means downside momentum on its way, but price already broke the trendline, which means upside momentum expected. Total indecision all the time, here are some possibilities. No real strong analysis or reliable setup, just a market outlook. What do you think price is going to do?

VanSteenMarketResearch Updated 

Break above .67, long towards .70 Break below .635, bearish structure formed.