Midterm forecast: While the price is above the support 0.9105, beginning of uptrend is expected. We make sure when the resistance at 0.9610 breaks. If the support at 0.9105 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: A peak is formed in daily chart at 0.9395 on 06/04/2019, so more losses to support(s) 0.9170...
Midterm forecast: While the price is above the support 0.9105, resumption of uptrend is expected. We make sure when the resistance at 0.9775 breaks. If the support at 0.9105 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: While the RSI resistance #1 at 53 is not broken, the probability of price increase would be...
Midterm forecast: While the price is above the support 0.7080, beginning of uptrend is expected. We make sure when the resistance at 0.7380 breaks. If the support at 0.7080 is broken, the short-term forecast -beginning of uptrend- will be invalid. We will close our open trades, if the Midterm level 0.7080 is broken. Technical analysis: The RSI bounced from the...
Midterm forecast: While the price is above the support 0.7085, beginning of uptrend is expected. We make sure when the resistance at 0.7380 breaks. If the support at 0.7085 is broken, the short-term forecast -beginning of uptrend- will be invalid. We will close our open trades, if the Midterm level 0.7085 is broken. Technical analysis: While the RSI downtrend...
Midterm forecast: There is no trend in the market and the price is in a range bound, but we forecast beginning of downtrend. Technical analysis: A peak is formed in daily chart at 1.6780 on 01/03/2019, so more losses to support(s) 1.5670, 1.5530, 1.5345 and more depths is expected. Price is below WEMA21, if price rises more, this line can act as dynamic...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.7155. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.72. TP4: R2=0.724. Set the stoploss of these orders at breakout of S2=0.7145. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.722. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.7265. TP4: R2=0.73. Set the stoploss of these orders at breakout of S2=0.72. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
Midterm forecast: While the price is above the support 0.7020, beginning of uptrend is expected. We make sure when the resistance at 0.7445 breaks. If the support at 0.7020 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: The RSI resistance #1 at 56 is broken, so the probability of beginning of uptrend is...
Midterm forecast: 0.7160 is a major resistance, while this level is not broken, the Midterm wave will be downtrend. Technical analysis: While the RSI resistance #1 at 55 is not broken, the probability of price increase would be too low. A peak is formed in daily chart at 0.7160 on 10/17/2018, so more losses minimum to Buy Zone (0.7085 to 0.7020) is...