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BTCUSD DAILY CHART BITCOIN MARKET CONDITIONSBTCUSD pair is behaving as expected. If you follow my calls, you can notice consistent projections. Resistance zone was projected three weeks ago, and is holding tight. Support was barely tested 9/15 and we should expect another test if the market closes under 3750 today or under 3850 tomorrow. In this ocation I spot a downtrend continuation pattern, that can only be stopped by a daily close over 4250. Also, Stoch RSI about to cross over 90 signals overbought conditions This short idea would increase your BTC holdings by 17%, my last short idea increased BTC holdings by 34%, that is +56% BTC profit on a falling market. WNZ Get live updates and analysis of the cryptocurrency market: t.me Take a look at the big picture forecast here:
BITFINEX:BTCUSDShort
by WaineNZeddmo
USD/ZAR 1D Chart: Symmetrical TriangleUSD/ZAR 1D Chart: Symmetrical Triangle The American Dollar is trading against the South African Rand in a symmetrical triangle pattern that started to form after a 12% appreciation of the buck in the end of May. At the moment, the figure consists only of five confirmation points, which means that the current formation might sustain up until October. On the other hand, the July’s fail to reach the lower support line allows redrawing boundaries of the pattern. In that alternative case a breakout might happen already by the end of August. Most probably, the currency rate is going to choose a southern direction, as the opposite side is reliably secured by the 200-day SMA. Moreover, such course would allow the pair to continue to fluctuate within the senior formation.
by UnknownUnicorn890690
Bitcoin officially gone parabolic! (expected to hit $6400)BITSTAMP:BTCUSD Bitcoin likely going to around 6400$ during the next month or less. Other possibility is that it goes to 4800$ then drops a bit and continues to 6400$ but considering earlier patterns it's more likely it will go straight to around 6400$ The bottoms display a clear curve which has since late July jumped like a rocket, which means we are on the last stage of this curve. Previous tops from years back show a clear trend towards a future $6400 top.
BITSTAMP:BTCUSDLong
by remode
1
ETHUSD DAILY CHART ETHEREUM ENTRY LEVELSMarket seems bullish. A retracement within the grey resistance zone might occur, towards 225, with entry opportunities. Or entries over resistance zone seem safe and with a high Risk/Reward ratio. 2 candles (2 days) over the zone should confirm the trade. RSI is heading north and +DI/-DI lines just crossed. ADX heading towards range, so market could take a while to continue its growth. Targets will be 275 - 300 - 320 and so on, using both Fibonacci Extensions from April rally and July swing. I will trade based on patterns on the 1H, 2H, 4H charts.and Japanese Candlesticks. WNZ Get live updates and analysis of the cryptocurrency market: t.me
BITFINEX:ETHUSDLong
by WaineNZeddmo
1