After the BTCUSD cryptocurrency price hit the technical support level at $ 12,450 and rebounded slightly from below, $ 11,150, the wave (4) triangle scenario was invalidated. If the increase in volume causes the level of $ 11,150 to be broken again, the next target level for the price is the level of $ 9060. The market is still in the corrective wave (4), which...
The price of LTCUSD is still trading inside of the corrective zone, between the levels of $230 - $304. In order to move higher in price, the market must break out above the level of $304 first, then test the level of $380 and attack the swing high at $420. The next nice take profit level for the up wave if at $600, which would gibe a +130% for someone who bought...
TECHNICAL ANALYSIS: After finishing wave 1 and corrective wave 2, the price of the EOS cryptocurrency is still in the impulsive wave 3 growth cycle. The range of this wave can reach the level of the previous long-term high at the level of 0.0023. The growth momentum has slightly decreased in the last few days, so the slight corrective pull-backs will not be...
This is no joke. Read the whole analysis carefully. TECHNICAL ANALYSIS: The price has broken out from the falling wedge after completing the complex and time-consuming corrective wave 2. It has taken out local resistance at 0.0003555 and is now heading towards a key resistance zone between the levels of 0.000600 - 0.000700. Breaking the top of this zone is...
FUNDAMENTAL BRIEF: Cryptocurrency Neocoin (NEC) formerly known as Antshares, is a cryptocurrency established in 2014. Neocoin is the last replica of Ethereum's smart contracts. It is based on the Bitcoin cryptocurrency specification. Just like the cryptocurrency king, Neocoin works in peer-to-peer technology that aims to provide innovative and instant payment...
The price of the most popular Bitcoin cryptocurrency rebounded after a fall from last week to the level of $ 16, 416. This level is 61% of the retracement of Fibo of the previous downturn, marked on the chart as A? Wave. IF the correction of the fourth wave (4) will develop in the form of the ABCDE triangle, then a few sub-waves have to be completed to finish the...
If u like u could go long or wait wave 4 finish and go short . (wave 5 )
In 1 hour i cant see anything , only flagg pattern . Reconsider this pair, if you were an island and cancel the most important commercial treaty. You should devalue the national currency exports become more competitive against those made with currency of greater value. It can increase international tourism, since foreigners from countries where their money is...
Wave 3" start " we can go long , stop lose its big cuz as u can see in the last days the price stay in range
Nikkei is is subdivided 5 wave and could reach the top.
Bitcoin is finishing wave C of expanded flat. We will touch 3400-3300 again as part of wave 2 correction. Then it should be two scenarios: 1. Huge wave 3 impulse up to 5300-5500 (more likely) 2. Sideway correction continues down 3300 up to 3000. Invalidation of the scenario: price falls below the level 3000;
I have my preferred forecast( bearish) and alternative forecast for USDCAD. A break above 1.24 should be sufficient to take price even higher and that will validate the alternative scenario. I can then trade the pullback - probably the end of the 4th wave. If price does otherwise and break downside, I will get along the bearish move toward 1.19. Please confirm...
The Kiwi could drop 250 Pips in the coming days. Price expected to continue the bearish correction before resuming upside. I am in with this one. My Telegram channel: goo.gl
It seems the impulse wave is not complete yet. Price is of course in the last stages about to call for a bearish correction. I want to be patient on this and wait till price makes a substantial move downside (to confirm and then I can rel-label and wait for a retracement to sell) or else, I will hold on for more rally. Let's see how price will play this out. The...
Hi guys, welcome to a new trading week. I have been looking at Cable. Loos like the correction that controlled last week will continue this week despite the intermediate trend points upside. I think, once this correction is over price has a strong possibilities of resuming upside. A 3-wave correction to 1.275-1.28 is expected. I recommend buying at this zone with...
Wave 4 correcting Wave 3 has completed. Onward with Wave 5. Sub-waves will advance and correct as progress continues. Sub-wave (5) of 5 of 1 of 1 of 5 is in process. The correction of (5) of 5 of 1 to mark wave 2 provides an opportunity to add or initiate positions at lower risk for traders and Hodlers who missed the corrective Wave C of Wave 4 low and the motive...
We are in what looks like the C wave of a 4th wave zigzag. Expecting prices to rally to around 1.354 where we have the a combination of Fibonacci expansion and retracement levels. 1.354 is also a strong resistance level and we can expect to see sellers re-entering the market at this level
EURAUD is at the weekly 50.0 Fibonacci retracement level for the downswing starting from the 2015 high. We have two potential trades, we have a sell to around 1.470 and we have a potential buy at around 1.465.