ForecastCity

ForecastCity

Technical analysis: . NEM/BINANCECOIN 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 73. Trade Setup: . We opened 9 BUY trade(s) @ 0.01155 (day close price) based on a reversal candle ( Hammer ) at 11.18.2018 Beginning of entry zone (0.01070) Ending of...

ForecastCity

Technical analysis: . GXChain/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. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.005740 to 0.005360). if so, traders can set orders based on...

ForecastCity

Technical analysis: . CARDANO/BINACECOIN 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. Trade Setup: We opened 9 BUY trade(s) @ 0.00773 based on 'Hammer' entry method at 11.16.2018. Beginning of entry zone (0.00740) Ending of entry zone (0.00670)...

ForecastCity

Technical analysis: . DASHCOIN/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 54. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.740 to 0.670). if so, traders can set orders based on Price Action...

ForecastCity

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.6805. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.6845. TP4: R2=0.6865. Set the stoploss of these orders at breakout of S2=0.6795. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...

ForecastCity

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...

ForecastCity

As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.011. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=1.007. TP4: S2=1.0045. Set the stoploss of these orders at breakout of R2=1.013. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of...

ForecastCity

Technical analysis: . GenesisVision/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 38. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.0004800 to 0.0005860). if so, traders can set orders based...

ForecastCity

Midterm forecast: While the price is above the support 0.0652, beginning of uptrend is expected. We make sure when the resistance at 0.0980 breaks. If the support at 0.0652 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: The Falling Wedge taking shape and as a bullish pattern suggests we will soon see another leg...

ForecastCity

Midterm forecast: While the price is above the support 190.10, resumption of uptrend is expected. We make sure when the resistance at 637.00 breaks. If the support at 190.10 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: There is a divergence in RSI and price between the trough at 460.75 on 2018-08-14 and the...

ForecastCity

Technical analysis: . OST/BINANCECOIN 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 55. . 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...

ForecastCity

As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=114.1. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=113.7. TP4: S2=113.5. Set the stoploss of these orders at breakout of R2=114.2. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of...

ForecastCity

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.6705. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.6755. TP4: R2=0.6775. Set the stoploss of these orders at breakout of S2=0.6685. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...

ForecastCity

Midterm forecast: While the price is above the support 1.1300, beginning of uptrend is expected. We make sure when the resistance at 1.1615 breaks. If the support at 1.1300 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: There is a divergence in RSI and price between the trough at 1.15095 on 2018-05-29 and the...

ForecastCity

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...

ForecastCity

Midterm forecast: There is no trend in the market and the price is in a range bound, but we forecast an uptrend wave above 1.3170 would begin in Midterm. Technical analysis: While the RSI uptrend #1 is not broken, bullish wave in price would continue. A trough is formed in daily chart at 1.3050 on 11/02/2018, so more gains to resistance(s) 1.3225 and maximum...

ForecastCity

Technical analysis: . WaBi/BinanceCoin 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 54. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.02600 to 0.02170). if so, traders can set orders based on Price...

ForecastCity

Technical analysis: . GenesisVision/USDollar 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 38. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (9.40000000 to 7.10000000). if so, traders can set orders...