Nasdaq 100 index sell views on two hours chart. You will sell here after complete confirmation candlestick. Let's enjoy the analysis and follow me for others market analyses. Thanks a lot of guy
XRP Doubles in 7 Days, Heads for Biggest Weekly Gain Since December 2017 XRP, the digital token used in Ripple Labs’ payment network, headed for its best weekly performance in more than three years, after doubling in the past seven days. Prices for XRP (XRP) are up 118% in the seven days through April 11, according to TradingView, using pricing from the Bitstamp...
Hello everyone, if you like the idea, you can support with a like and a follow. BTC is inside an ascending triangle that is a bullish continuation pattern. The target is 77000$ on a successful break and retest of the 60000$ resistance. RSI action is narrowing inside a peanut pattern that we most probably we will have to see a breakage out of it for the 60000$...
Regardless of the Easter festivities, the bulls and bears continue to go at each other. While it looked like the bulls are going to easily crush the resistance line at $61699 and push for new all-time highs, the bears work hard for a comeback to pull the price under $50350. Our primary expectation is that the bulls win the battle and reach new all-time highs....
Bitcoin (BTC) moves in a large long-term upward channel, defined by the visible lines, A and B . Now, he has reached the upper limits of that channel (and historical highs), and has already done a peak and moving down. Two important technical indicators in relation to the change of the trend have shown a decline : the Rate Of Change (ROC) and the Relative...
LTC is now trading around a very critical level. Thus, a Long position can be easily spotted for several reasons: 1. Fibonacci Retracement: Price is around 61.8% which is a very important level acting like a support here. 2. Formation of Pattern: A double bottom could be formed in the next few hours and it is clear that if the price rejects the 61.8% it...
Litecoin got some support off $184, a level we've been calling out for weeks now. It has attempted a bit of a bull bounce here, but is facing swift resistance from the neckline of our head and shoulders pattern. It will take a serious push to break through this. However the Kovach OBV has picked up which is a good sign. Still it is going to take a bit to break...
It looks like we spoke too soon about the head and shoulders rejection in Litecoin. At the time, it appeared to be breaching the neckline, however this was short-lived. After a rejection from the neckline we saw support at $184, a level we have been identifying for days. We should see some support here but if not, $174 is the next level down. Ideally we would...
Following its motive 5 waves, Ethereum is now flat, waiting to see what is its next move: 1- It can goes down: to complete its C-wave with a maximum retracement of 61.8% and we will be using this level as our next support to enter a long position there. 2- Consolidation: on the current demand zone before jumping back into new peaks. Will it stay in a...
Ethereum keeps stubbornly resisting a breakdown from our head and shoulders pattern. It's complacency with the current range may invalidate the pattern. The level $1750 seems to be providing good support and may be a good long opportunity. Currently we are facing a bit of resistance at $1800, a psychological level. But if we retrace the entire range, we could...
NU grew 353% from Jan-Feb. After this incredible move it consolidated -50% to the fib 0.618, where it found support at the 100 EMA. Not to mention, stochastic found its bottom arch, here, while the RSI crossed over EMA. And, we've got the MacD beginning to cross and the histogram winding down to a flip. That's a lot of signals closing off this bear energy. ...
Litecoin has refused to breakdown from our head and shoulders pattern. The neckline at $195 has continued to provide support. However, this may simply be an extension of the second shoulder, which seems to be bounded by $209. It will take some momentum to breakthrough this and we wont be fully out of the woods until $227. If we do breakdown, $184 or $174 would...
Ethereum continues to range between $1748 and $1906. It did not get much of a lift from the Bitcoin rally. It is currently in the middle of this range, so it could go either way. We will obviously have support at the upper and lower bounds of this range, but if we breakdown, we could see support at $1694 or $1654. There is a signicant vacuum zone above back to...
SUSHI made it's debut on Mar 11. After a 23% climb on the 12th, it consolidated to fib 0.618 level. Then, made a move in the the upper BB for the first time since Mar 12. Lower EMAs (8-13-21) joined this cross over and hovered around the midline. Mathematically, this brings the lower BB up! It's now formed a triangle. Decision time! If it breaks UP, it's got 40%...
After reaching our profit target from the inverse head and shoulders breakout, Ethereum has been ranging. It is testing the range between 1748 and relative highs at 1936. Most recently, ETH has felt the shock of the selloff in BTC which is taking us back to relative lows at 1748. A further selloff could take us back to support at the neckline of the inverse H&S...
D1 : The upside breakout confirmation has been given by the second daily closing above both Mid Bollinger Band (leading indicator !) and Kijun-Sen (Base line). In addition the clear breakout of the downtrend channel gave also additionnal support for further upside calling now for the 55000 area as the first significant target (55072 being the 78.6%...