I could totally be wrong. I'm mostly wrong. But if i'm right, we're in Phase C of Wykoff Accumulation Shematic #1 Chart. Google it and compare. DYOR. Not a financial advice.
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.02348).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XVGUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a...
In the early hours, the price smoothly surged from a bearish candle at $0.0328. It first raised to $0.036 and then to 0.0381. Yesterday, it deviated upwards from its parallel channel and began surging rapidly. When it was certain that it will touch $0.04 today, XVG switched to a bearish movement currently. Looks like the price may fall and sail in the previous...
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00000026).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. Verge/Bitcoin is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a...
Technical analysis:
. VERGE/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 34.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00002350 to 0.00001920). if so, traders can set orders based on...
Technical analysis:
. VERGE/Ethereum is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 80.
The RSI downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of...
Technical analysis:
. VERGE/Ethereum is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 56.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00001620 to 0.00001290). if so, traders can set orders based on Price...
Technical analysis:
. VERGE/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 42.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00004800 to 0.00004400). if so, traders can set orders based on...
Technical analysis:
. VERGE/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 50.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a...
Technical analysis:
. VERGE/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 49.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. Price is in the support zone...
Technical analysis:
. Verge/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 47.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of...
Technical analysis:
. VERGE/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 59.
Trading suggestion:
. We opened 8 BUY trade(s) @ 0.00005311 (day close price) based on a reversal candle ( Valley ) at 07.30.2018
. Price is in the support zone...
