Since its last low at 0.70570, it has risen to 0.71680 and currently performing a correction before going higher. At its current "drop" from 0.71680, it has reached an approximate price of 0.71000 and is moving within a "downward sloping flag" which means it will bounce back higher. Downtrend + Downward sloping flag = Reversal Look for an entry to ride the big...
A target above $150 will be needed to break short term resistance, and also to escape the downward channel. Will the coming fork be the catalyst for this move? ETH is looking to be oversold on the daily, so a bullish move could be in the making. Etherium cannot afford to fall back to the bottom of this channel.
Retesting upper wedge border, then possibly continuing downward.
Breakdown from the channel (with volume confirmation) , indicating more downfall;Sell:395, Target: 295, SL: 445 Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.
AUDUSD is moving in a downward channel for awhile. ENTER SHORT POSITION with following preferences: SHORT @ 7281. SL @ 7361. -72 pips TP @ 7051. +230 pips
NZDJPY, H4 & Daily The New Zealand dollar is gaining ground this week against the Yen and the US Dollar. The overriding theme has been Yen weakness, which has been subject to a safe-haven premium unwind following the US invitation to senior Chinese officials for fresh trade negotiations, and also the higher Oil prices. The NZDJPY crossed yesterday into the...
There are many things happening with ETCUSD which makes now an especially good time to take a look at Ethereum Classic. In lieu of the pending release on Coinbase's main platform, those who've wanted to make their exit have all left, leaving a void ready to be filled by the bulls. This correlates nicely with the recent time cycles that Ethereum Classic has been...
My first video on ETH and to me it looks like ETH is getting close to making a decision on the direction she's looking to go. Price action is just below and overall downward tend line from all time highs, so I believe we'll need to see a significant break and close above this area to see price action to start a trek above 1K again. I do believe we might see a...
HIBB is running sharp upward in the short term & in the long run it is going up from its lower support of the long term downward channel formation. We think it has very good upsdie potential from here. * Trade Criteria * Date First Found- January 11, 2018 Pattern/Why- Long term downward channel Entry Target Criteria- Current price ($24.75) Exit Target...