Good rebound from support. Although the price shows down. But apparently the long-term investment is more looking up than down. Since the support of 161 on the Fibonacci line was tested. From it, and must = bounce level up. the psychological level can push the big players. Interested in the long-term finals. Or a bank parachute that pulls a lot of players. But...
LITECOIN could start to see a rise again as the market looks to be slowing around the key support levels around $170.00.
Price looks to be slowing down as it approaches the trend line support which was once resistance. If we see bullish price action here we could look for long
opportunities back into the highs.
GOLD has been on a tremendous run of recent and continues to test new highs. Looking for the market to have some form of correction however if the USD fail to kick in we could see the trend line being used as support and a break up to $1400.00. If we were to break lower we could see GOLD re-testing the $1300.00 level.
If stopped out on the break below the first support at 11385 it
means a small win of a couple of hundred points overnight.
This is the reason we use stops. But Bitcoin is back in the buy
zone and looks good to buy again ay 10600 and down to 10500
on any dips from here with a stop below 10450
there is 5000 to 9000 points of upside potential and...
Bitcoin Bitstamp Feed
Still making a pretty consolidation pattern so far - we can
only really buy again now once the upper parallel has been
broken on upside - but day traders are risking buying these
lows and helping to prop it up here with stops just below for
small loss if they are wrong...if they are it triggers a reverse
short for them back to 10879...
EURUSD Trading the Bull Flag Formation
A small bull flag looks to be in the early stages of formation.
With DXY still under pressure and expected to fall away a
further 2.5% to 88 over the coming weeks EUR has further
upside in store. Can buy the dip back to the lower parallel of
the flag - if EUR is to remain very positive there will only be 2
strikes on the...
Trading from levels. Channel break at one point. Gives to understand that the price is purposeful will go up. The deal is an analyst for many years. Years that are seen by major players and levels of Love traders. to purchases and sales