It is likley to retest the low level of $84,00 level. If these $84,00 get broken, it is likely to go down to $8,000.
The next leg down (when measured from peak to baseline) has us stopping right before we hit "bear market" territory. From the current high (open/close) a close beneath 2298.296 puts us below the 20% threshold, and while we may dip to this area, I'm not so certain we will close a session beneath this spot (not yet, anyways). I see two possible scenarios, the 1st is...
Well It's that time now where we can sit back relax and get a good look at our charts. It's Bank holiday, end of 1st Q, end of the month, end of the week those bars are printed so we should be able to get a decent look at what may be going on. For me firstly Iv'e just briefly been taking a look at the majors and volatility etf's to get an overall stand on the...
Nos encontramos en una zona donde podriamos visualizar una congestion del mercado. Su proyeccion a lo largo de estos dias del mes ha sido temporalmente estable, sin embargo posiblemente estemos llegando a los precios de los 12-12.2k para luego recibir un retroceso a la zona de los 10k aprox si es de darse la condicion natural del mercado. En este momento los...
I had a strange dream last night where I saw all of these weird channels on the long-term Dow chart so I thought I would try to recreate what I saw. Most likely is meaningless garbage but I thought I would do it anyway. Another thing this could be telling me is to stay away from spicy food before going to bed!
DASH is one of the most stable markets I've seen according to the Technicals. Since its ATH it has been mingling in this zone for almost a month. only small upside I see for a Bullish Rally is the light green bull trend line, this is showing slow and steady long term growth for the long run, but it is difficult to see the next close rally with the small amount of...
LTC ready to repeat the pattern of $100 to $400 of past months to what has it has consolidated till date. Possibly, ~$300 to ~$1000+ With increase in media attention of Crypto the time line is squeezed between bull run to bull run. LTC has been quite for some time now. Where as other smaller valued crypto despite of large supply had growths multiplying their...
A daily summary of the previous day’s market activity and review of current state of market on Cryptos. Analysis Daily Time Frame read On the daily TF after the price breached the green ray we are in overall buyer’s territory and I could see the momentum dead completely when after retracing 100% and then I thought of entering the trade once I don’t see...
A daily summary of the previous day’s market activity and review of current state of market on Cryptos. Co-Relation with Bitcoin As we can see a major resistance at the red ray and the buyers are dead at the moment as I can see a 100% retracement near the resistance. As you can see the Blue parallel region Price didn’t breach 13000 USDT and 16000 USDT so,...
Not much hints were available to explore as this seems to be totally a "HODL" high with respect to big players. Some of the reasons why this correction may fail and LTC may consolidate for certain amount of time and start bullish again. 1. Too much media attention roped in new players who were capable of generating incredible support anything below $90...
Hola guys, Our DAX30 is in a indecision moment, this is the reason this week i staied neutral. It is between R1 resistence and S1, S2 supports. The triangle pattern is made by connecting T1 upper trendline and T2 lower trendline. Also in the chart you can see T3 daily trendline. Now... my plan for the next week is to wait Monday to see where it's gonna break and...
Best week since 2011, it has to go down, before it gets further up. With lot of resistance from top, and most traders placing shorts, it will surely go down on monday. I am short at 2160. Targets at box. Happy trading.
Market has been trading in a corrective (b) and (c) wave these last 30 days and we are very close to a significant bottom on (c) wave that will complete a wave 2 around 2080 area. E-Mini 60Min Chart - October 23, 2016 In the above chart, we have a clear Ending-Diagonal wave (c) of 2 and we are currently at the wave iv-v of this wave (c) that might complete...
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I posted a similar chart earlier but I guess I'll post it again with a very minor tweak to the top trend line. It's still going down the tubes, I think. Just a lot more gradually than I previously anticipated. Watch your asset allocation and make informed trading decisions. :-)
What a journey!!! I have sweated and bled trading up the levels on the SPX500 in recent weeks. Fortunately my personal view and analysis set me up for the strongest positions possible. Taking long profits all the way to 2140 but that is where I am drawing theline. Could we have a further higher level of historical price? Yes. Can I tell the future? No. Please...
I thought forget dinner, I'll just have a LONG night out with my favourite new bitch GBPUSD ;) Pushing some simple Long trades until Euro market open. Also locked into a sick battle with the SPX500 but that's a story for another day ;)