possible retest of the dank buy zonea good chance that we will retest what we have found to be the dank buy zone, once more.
if we don't find support at the dank buy zone, expect to retest the next support around 8300.
Zone
Will USDCAD Pull Back?Price has reached a Daily and Weekly Demand Zone. With a bit of over-extension showing, I'm expecting price to pull back into the 1.2700 area where there is a 4hr supply zone. A triple bottom has also formed on the 4hr.
GBPCHF - Longterm BearishGot a parallel set of trend lines that reveal a zone where the pair is screaming for a longterm Bearish trend
UPDATE BUBBLE IMPLODINGIt makes already 4 months that bubble is imploding and we are now approaching an important zone for the trend of BTC in next months.
This graph isn't a logaritchmic one but it doens't change anything. The first important thing to develop is that BTC is near the important zone that will determinate if it's going down or up. We just knew a bounce on the support and we can expect that it will touch the resistance (yellow).
It's also nice to see that the golden death cross (SMA 50 crossing SMA 200) didn't occure and moreover a divergence between the two courbes slowly appears.
If BTC breaks the resistance, it will give us a buying chance. If it brokes the resistance, we can expect more down.
This idea is valid for almost all the "big" cryptos. In fact, all are following more or less the same way.
APPC preparation before Aptoide release on 31 MarchThe chart says it all.
Support may accumulate where the price is now (around the 50 day moving average), before Aptoide release event.
Do your own analysis before trading.
:)
OmiseGo :- Another Multibagger for 2018OmiseGo is setting itself pretty beautifully in order to spurt upwards once the trendline is broken to the upside.The price rise will substantial and will be backed by larger than normal volumes.
The signals of a breakout are already in place as the price has fallen but the selling volumes have quite drastically diminished.
A look at the major trendline that is in place can you tell that a major bull market is in place upon the breakout.
Litecoin :- No Trade Zone LiteCoin (LTC) :- Trading within a zone of support and facing resistance everytime it hits the upper downtrend line of the parallel channel.
The Downtrend Channel Breakout would signal a move to the previous highs and would confirm a Bull Trend for LTC.
A breakdown from the zone of support would mean that we initiate our short positions as we would then be heading down to the weekly support regions of 141
Stay tuned for further chart analysis and trade updates.
BTCUSD these days will decideWe have an important zone ahead.
We need to get throught it and break it. If we will get above it, we can expect further bull run. If not, we can expect price to fall atleast to drawn support. Then another try for breaking this zone.
Daytrading with Matthew and Area of interest BITFINEX:BTCUSD
In recent ideas, we considered the output of the 5 wave triangle, which gave us 6% profit. Soon the wave of growth will end and it will be followed by correction. For you, I noted on the chart the daily zones, where you can short on your trading strategy. And areas of interest, the place where the volumes for long will accumulate. Good luck, i will watch at the situation with you
UPDATE ON USD/CAD!So prices are still approaching the 1.32000 Region as expected
HOWEVER.
I am also expecting a change in trend near this region, towards the downside target of 1.27000/1.24000 .
Having said this, prices could violate our resistance region at 1.32000 and penetrate through to achieve highs of 1.34000 however I don't believe that this is probable. I see it more as a potentiality rather than a probability.
Let's wait and see, I'll hopefully update you guys with a nice juicy short by next week on this trade.
US Wall Street.CAN WE GO LONG?CAN WE GO LONG ON US Wall Street?
Alright, so prices currently above our current support zone at 24500.0.
We could potentially break to the upside, penetrating our bearish trend line with the potential of reaching the 26000.0 Region .
Is This Probable?
Let's wait and see!
KEYCORP SHORT!I'm anticipating a break of this Ascending Wedge in the near future, to the downside target of 16.00 & 13.00.
We could see some fluctuations whilst prices are breaking our key level at 20.00.
HOWEVER.
A break of this level will add further confirmation that my targets are both realistic and probable.
Volume: 8.008M
EPS: 1.28
Market Cap: 22.656B
P/E: 17.00
Div Yield: 1.97%
TP: 16.00 & 13.00
ETH prepare for cheap prices -> november uptrend line just brokeThe line in my chart is the up-trendline i draw in November which has been tested a few times but never broken since then. I am watching this line since then.
If the market can not recover and will start to close candles on the 4H chart under this line then Ethereum is realy in trouble and you should be ready to buy on the bottom after signs of life.
I estimate a drop that will go at least to the mid 600:
If you are more inclined to risk you can start to accumulate starting with 660$ gradually as it goes down.
If you are more conservative wait for a reversal signal first and buy after confirmation.
I am not shorting this market so for me this is a long signal
GBP/CHF LONGLONG ON GBP/CHF!
So I'm currently expecting a bullish breakout on this descending trend line, up to highs of 1.31500/1.32500.
Some turbulence is expected, as this might be a very rough ride, prices could ultimately kiss the trend line and breakout or could breakout to come back into normal range which is of course very frustrating.
However,
If you just have some patience on this pair, we could make over 185 pips!.
Be careful!
I will give updates on this, so don't panic!
TP: 1.31500/1.32500 .
XAUUSD -Hourly Analysis XAUUSD is at a Major Resistance Area , Price Seems to always reversal going in a bearish within that area however the market has disrespected the trendline by price breaking out of it , it could possibly go in a bullish direction towards the Resistance Zone! if so , price would retest back on the trend line and head up!
I wouldn't place a trade on XAUUSD at this moment as there isn't any clear confirmation as where price is heading
BTCUSD, example of the X-lines indicator.The X-lines indicator automatically builds and marks important technical levels. Just try, there is no longer any reason to use Fibonacci levels and similar indicators (except for single cases).
The indicator is available in the public library. Also you can find it in my list of scripts and add to your favorites. At the bottom of the article there is also a reference to the X-lines .
Here is something to take a look. BTCUSD Bitfinex analysis. So, i've added:
Purple horizontal lines each $500
Yellow vertical lines - 9:00 am (UTC -8) NYC
Blue vertical lines - 9:00 am (UTC +5) HK
Fibonacci retracement build by $12k and $9k
Blue fib speed resistance fan from beginning of current growth trend and height of current trend
Red fib speed resistance fan from beginning of current growth trend and first height of current downtrend
What is idea, to take a look on BTC dependence of different time zones and to find accurate fibonacci.
This is just a beginning, so just copy it and leave something comments below if will find something interesting.
I'am going to share all thoughts, so stay tune!
2 words about current situation, so, i've added a 9583,7 level below which the price should not fall, but we have to keep on mind 8300-8000 level, I hope that I'm mistaken, but anyway.
GL.
$xrp / $btc
pennant pattern
volume profile validates pattern
targets illustrated
resistance zones/profit zones illustrated
support illustrated
Twitter: AzorAhai06
$xrp / $btc
pennant pattern
volume profile validates pattern
targets illustrated
resistance zones/profit zones illustrated
support illustrated
Twitter: AzorAhai06
SPR/BTC end of downtrendFirst of all, this is an educational chart. I am trying to understand how technical analysis work.
I outlined two scenarios:
1. Spreadcoin will hold support and accumulate (building momentum) before a new run.
2. Spreadcoin wont hold support and remains in downtrend. next support line: 1.414 fib line, around 2500sats
If you have any feedback or remarks, feel free to leave a comment.
XVG continues bullish after correctionXVG after hitting first target got correction and then went to our second target. Now we see retracement at 0.0577 and it goes to the downside buy zone near 0.052-0.054 . after reversal at this point we will have two new targets one at 0.06 and second at 0.063 depending on Elliot waves the first target is more reliable.
