Gold finally breaks the resistance formed on the downside at 1301. I had posted the chart a month back, it was clear that gold will fall due to multiple attempts to the upside but couldnt breakthrough. We can see some minor pull back to 1301 and than another leg down towards 1275/70, I am looking at 1220 being my first target on the down side. as long as it stays...
Hello everyone, Here is a quick analysis on Bitcoins current state. I have drawn out what seems to be a forming bullish pennant. We have very strong resistance around the 9000 mark followed by an upthrust in volume over the last couple of days resulting in the bullish push. US Taxes were finished, media seems to be pumping certain crypto, as well as the Elites...
Hello everyone, Golem is an amazing project and if you haven't had the time look into it, I highly suggest it. Long story short, the team is incredibly gifted and have been working for some years now. Becoming the largest global, open sourced, decentralized supercomputer that anyone can access, the project consists of the combined power of user's machines, from...
This top-down analysis on the EURUSD pair was marked up, 3/31/2018. I haven't been using my TV for awhile so during this markup I was also getting re-acclimated to the entire system. Getting a start on my S&R levels before the new trading week begin. Any helpful suggestions & constructive criticism is welcomed.
We saw a falling wedge in btc last month and another one that is larger now. The previous one played out perfect and we tested for a higher high but failed. We are now intersecting two supports that are diagonal lines which is the support within the middle of the big diagonal channel and the bottom support line we bounced off of in February. We will also bounce...
No matter if some people want to accept it or not, the Bitcoin chart follows that of nasdaq. As you can easily see in the MACD and RSI he has followed him for a long time, so why should it not happen for the rest of the time? So you have to be careful. If we break the 'trendline' up, it's a bull trap. So we will experience another dip, which will not be the last...
If we take a look at some of the daily performances for KMD. Then we will find that there are numerous short spikes, then major tanks lower. This leads investors to have no confidence in the crypto and will soon be abandoning it. The creators of KMD should monitor the performance of their crypto more closely as it is obvious to the naked eye that this is...
GBP/CHF Completed Elliot Wave and Began Retracement to 61.8%
Hi everyone hope everyone is getting excited for Christmas this market this is what I see could happen a correction going up as its hit one tp of 2 then drop down to the second orange line where it intersects with a couple pitchfork lines I have drawn or in stead of going up for its correction we will make a lower close and head to the second tp as...
We might see Ethereum breaking through the 61.80% fibonacci retracement line and possibly gaining support at the 78.60% line (around 410 Euro) in the coming days. From the recent bottom a rather clear support line substantiates this claim.
okay so what I see at the moment is - tested the blue outside lines of the pitchfork and skyrocketed off - higher high and if the market was going south to me we should have seen it by now the mark down - correlation with eur pound trade: pound is going up euro is down therefore an assumption would be the pound would be in strength and going up to tp2 is my...
waiting for confirmation for the breakout, could be a strong pull back here.
Currently Maidsafe is in consolidation phase, it could within some time reach a low of 17k before starting its natural and steady growth to at least 23600 again
Hey! As you can see it on the chart we have a strong support 'area' where the 200ema and my dark red horizontal line cross. If price can break above the orange-ish line, then, a good long position can be placed - although the red downwards trendline can stop it. Let's see how it goes - today is a very calm day, I do not expect any major movement.