It does not look too good for bulls, but they are still trying to push the prices higher. The important levels are : $9,538 (resistance) and $8,653 (support). The bullish impulsive count invalidation line is at the level of $8,405.
Technical analysis: KOMODO/BITCOIN is in a range bound and Resumption of up trend is expected. The price is above the 21-Day WEMA which acts as a dynamic support. The RSI is at 58. Trading suggestion: The price is in a range bound, but we forecast the uptrend would probably resume. There is possibility of temporary retracement to suggested support zone...
Technical analysis: AUGUR/BITCOIN is in a range bound and beginning of up trend is expected. The price is above the 21-Day WEMA which acts as a dynamic support. The RSI is at 59. Trading suggestion: The price is in a range bound, but we forecast the uptrend would begin. There is possibility of temporary retracement to suggested support zone (0.0036 to...
Technical analysis: VERITASEUM/BITCOIN is in a range bound and beginning of up trend is expected. The price is above the 21-Day WEMA which acts as a dynamic support and it touched the strong uptrend line in Daily Chart . In RSI the downtrend was broken and "Bullish Exit" is occurred. The RSI is at 51. Trading suggestion: The price is in a range bound, but...
Technical analysis: VECHAIN/BITCOIN is in an up trend and Resumption of up trend is expected. The price is above the 21-Day WEMA which acts as a dynamic support. The RSI is at 71. Trading suggestion: The price is in an up trend, but we forecast the uptrend would probably resume. There is possibility of temporary retracement to suggested support zone...
REDDCOIN/BITCOIN New trading suggestion: *The price is in an Up Trend and we forecast the uptrend would continue. *There is still possibility of temporary retracement to suggested support line (0.00000080) , if so, traders can set orders based on Price Action and expect to reach short-term targets. Entry signal: Signal to enter the market occurs when...
STELLAR/BITCOIN New trading suggestion: *The price is in an up trend and we forecast the uptrend would continue. *There is possibility of temporary retracement to suggested support line (0.000037), if so, traders can set orders based on Price Action and expect to reach short-term targets. Entry signal: Signal to enter the market occurs when the price...
NEO/BITCOIN New trading suggestion: *The price is in an up trend and we forecast the uptrend would continue. *There is still possibility of temporary retracement to suggested support line (0.0078), if so, traders can set orders based on Price Action and expect to reach short-term targets. Entry signal: Signal to enter the market occurs when the price...
EOS/DOLLAR New trading suggestion: *The price is in an up trend, and we forecast the uptrend would Continue. *There is still possibility of temporary retracement to suggested support line (0.00132), if so, traders can set orders based on Price Action and expect to reach short-term targets. Entry signal: Signal to enter the market occurs when the price...
Status Network Token/Bitcoin New trading suggestion: *The price is in a range bound, but we forecast the uptrend would Resume. *There is still possibility of temporary retracement to suggested support line(0.0000126) , if so, traders can set orders based on Price Action and expect to reach short-term targets. *If the support line at (0.0000126) is broken,...
BITCOIN/DOLLAR Midterm forecast: There is possibility of temporary retracement to suggested support line (8180.60), if so, traders can set orders based on Price Action and expect to reach short-term targets. While the price is above the support 8180.60, resumption of uptrend is expected. We make sure when the resistance at 9774.80 breaks. If the support...
Wizard of farts and charts! Could this be the correct count after all?
BITCOIN/EURO New trading suggestion: *The price is in an up trend and we forecast the uptrend would continue. *There is possibility of temporary retracement to suggested support line (6299.85) , if so, traders can set orders based on Price Action and expect to reach short-term targets. Entry signal: Signal to enter the market occurs when the price comes...
The price reached $ 8,438 or 38% Fibo. Possible slight corrective drops. Support at $ 7,506 must withstand the pressure of supply so that the gains are still in play.
The end of the C wave from Wave 2 at $ 6,500 resulted in the price above the short-term trend line and the $ 7,500 test, which was then stamped. Currently, this level is a support for the price. The rally on the increased volume ($ 1,000 an hour exchange 30k of BTC fututres contracts) caused the price to reach the local resistance level at $ 8,265. This level is...
Bulls have won the fight, at least for now, which had all the ingredients of an epic war . Once that happens, bitcoin price could test the nearby inflection point at the 38.2% Fib around $8500 or the 50% Fib at $9122. The 61.8% Fib lines up with the triangle resistance near $10,000, which is also a key area of interest. Stochastic is pointing up to show that...
Brief tech analysis for ETH and BTC. is it a falling knife or bounce or just consolidation? If the latter, how much longer... ?