Red candlestick is below the 50 exponential Moving average - orange line. This a monthly chart. If you look in the past, you would notice that in most of the cases when EUR/USD went below the 50 exponential moving average, it went really low in the future. Also stochastic RSI is at the top of the world, and usually when this happens as history shows it, then the...
Exponential Moving average 50 - Orange line We can see that a red candlestick is almost touching the white middle horizontal resistance line. The lower part of the bollinger band is crossing the exponential moving average 50. Looks bearish. However, I gave an alert previously 1-2 days ago to sell it when it reached 7600. It was very overbought. Now this is for...
Look at the graph ;) and you will understand
Look at the graph i made.
Just look at the chart and you will understand
Look at the chart, it explains really well.
Enjoy the analysis, just don't forget to always do your own due diligence and good luck.
Read what i wrote in the graph that i made.
The direction is bullish. You can prepare to go Long. This is a one month chart, so the impact is high. RSI indicator gives us a clear idea of what we can expect since we have the RSI line reaching the oversold area which is a sign for a big reversal since this is a one month chart and also because it's reach the lowest end. CCI also confirms the same thing. Take...
I described everything at the top, this is just a confirmation of my previous post about bitcoin based on the 1 month chart. I am showing the day chart, just to confirm that the bearish trend is near.
Well, i already described everything in the graph,but so here's the idea, 1 day chart is overbought, 1 week chart is overbought, 1 month chart is overbought. Standard deviation is a top of the world. Once it hits the top, it always reverses. Since right now the trend is positive for the bitcoin, and the indicator of STDEV which represents the energy, the power,...
SHORT NOW, very overbought conditions, RSI confirms it. Also, the price of the pair just hit the resistance line. There is a big chance, the prince will go back down.
Well, i think the chart shows itself the bullish direction
THIS IS A 4 HOUR CHART SO THE IMPACT WILL BE HIGH. PALLADIUM HITS RESISTANCE LINE. THIS IS THE 4 HOUR CHART AND WE ARE AT THE 1002$ LEVEL. GO ON THE 1 HOUR CHART, IF YOU SEE RED CANDLESTICKS FORMING, THEN IT IS TIME TO SELL, IT WILL BE SHORTING OPPORTUNITY. ALSO WE HAVE VERY OVERBOUGHT CONDITIONS RIGHT NOW. THIS WILL BE PROBABLY BE A GOOD SELLING OPPORTUNITY....