kkgoh87

kkgoh87

Short term momentum bearish building. Short-term trade may work till around 6300 level. Disclaimer: This report is for information purpose only. Technical Analysis tools used may be different on case by case basis depends on price movement and overall structure. kkgoh not be liable for any trade decision, special, indirect, incidental or consequential damages,...

kkgoh87

IOTA price enters bottom of its range in weekly chart as prices of most crypto went bearish recently. However, price showing some bullish momentum in the weekly chart. May need another confirmation before the Long run momentum kicks in.

kkgoh87 Updated 

From the weekly chart, XRP price now at the weekly bottom trendline. There might be narrower range for now, before the price sets up its structure for the strong momentum.

kkgoh87

FCPO tries Monthly Swing High (ATH)

kkgoh87

Next Week: Price now at bottom of its ‘3400 – 3280’ range. It may break this small range if the bearish momentum persists.

kkgoh87

FCPO Near Top from trend line in monthly time frame

kkgoh87

FCPO

kkgoh87

FCPO price in Bearish Fibonacci Structure and looking weaker in short term. 2120 - 2050 range maybe next few days before the price form another clearer structure and direction.

kkgoh87

FCPO range between 2050 - 2140 in short term

kkgoh87

Momentum these two weeks had been bearish amid market foresee more supply. Price breakthrough the first micro trend line (Blue) and continue with momentum. Looking at the price, it may reach the weekly base trend line before another range / consolidation.

kkgoh87

Prices came up with strong bullish momentum yesterday amid China-US trade negotiation will have better outcome. From the technical analysis point of view, the bulls momentum will continue if it break and stay around the trend line again today. Consider the US midterm election is around the corner, bulls may continue around the 900s.

kkgoh87

Price moving in smaller range this week with production and export data mixing. Near term bullish momentum visible in the daily Chart. Price may move further up to the top of the channel before reversing back into the range again.

kkgoh87

This week price closed with strong bearish momentum after hitting the reversal zone. With production estimated up, and uncertainty with China trade, the bearish momentum may push further to 854 - 820 level in coming weeks. Looking to complete the downward range to -27.2% level of the weekly Fibonacci retracement range.

kkgoh87

Price broke through the monthly base trend line and bullish momentum seems to continue. If momentum allows, price might hit 2238 again in near future.

kkgoh87

Another Bullish momentum may bring the price towards 853 (previous high)

kkgoh87

FCPO movement respecting the range and may retest the lower base trend line if bearish momentum continues.

kkgoh87

FCPO bearish back into ranges before long weekend, may touch/closed at previous significant level.

kkgoh87

Price at 38.2% of current Fibonacci retracement range, momentum still unclear at the moment. However the bearish momentum from previous candles (from the significant level and reversal zone above) may continue.