Looking to sell @ 1.34147. TP points: 1.33312, 1.32363, 1.31615. SL 1.34981.
With Pre-market futures trending at a loss of over 400 points, today and the rest of this week we face a significant test of resilience in the marktet. On one side, the last quarter boasted solid earnings mustered by slight productivity growth and a favorable tax plan; however, on the bearish side we are looking at unfavorable trade circumstances and a slight...
I love to boil things down to an essence. Everytime BTC broke through one of the white support lines, it took an average of 6-7 days to achieve a new spike low. Thus I expect BTC to retest 5.8k$ in the course of the next week, forming a double bottom. Stoch RSI is moving within the oversold range, so a bounce from there is not to be excluded. Anyways, I...
BITFINEX:BTCUSD Gonna describe a) and b) here. As you can see on a) we had the first real sell off, the future ones not being that heavy, at least volume wise, and even that last one on our way to 6000, volume wasn't so hot. On b) volume left traces, we had much more supply to get rid of. As you can clearly see, they are the biggest bars on the chart, indicating...
Smart money bought the dip. $LTC $BTC
Trendline support shows two previous retracements back to ascending trendline. MACD and RSI showing weakness at this level. 4H chart Multiple Tops with ETH over the past 2 weeks. ETH between $333 to $342 around 12/17 to 12/21 Happy Trading!
The speculative bubble on the ICNXBT pair has pretty much fully retraced. Now, the orange line and the green trendline together form a strong support area at the 450-500 level, that should hold and it has done so in the past four days. The price is now being squeezed out of the triangle formed by this support and the downtrendline, wich is a bullish signal,...
- Broke above the mid line of weekly Bollinger. - September 26 is next ER. - There was unnecessary fear around cycle peak. Smart money loaded in while weak investors lost money. - This cycle is more diversified and will last through 2018. - Most analysts are bullish. - Last ER resulted in significant drop. Next ER, I expect at least a 10% pop. - Price target:...
We can already see that the pair has already completed 2 distribution phases and we are now anticipating the 3rd and final phase. After a strong move up we can expect some consolidation where bulls will be seeking to lock in some profits driving the price somewhat lower (RSI oversold on 4H + 1H + 15M) during the Asian session. We can then expect smart money's...
Hey guys, I hope you are enjoying your weekend. In the attached charts (Weekly and Daily) you can see that we closed above the 23.6% retracement. We are in a corrective structure and for me the pair can push until the next resistance (highlighted in black), around 147.7, in my chart. Please comment or like if you have any interest. Cheers Jesse
My eyes are on that gray box. if we see the prices dip out of the blue uptrend channel I'm switching to short. If it maintains a strong bullish channel in the blue, we know what to do ;)
I will wait to see what happens at 0.99000 level I have i bearish bias because all this bullishness should come to and end. The daily and weekly bullish blocks have been overtaken but i wouldn't buy in to the 0.966 resistance. So a profitable 2% price decrease should be on the way soon towards the weekly low maybe, best to wait for now or check smaller time...
AUDUSD found support at the upper deviation of the recent downtrend's linear regression channel today. This level coincides with the mid point of the recent VIX 75% retracement, or 'smart money buying spree' key level, which happens after VIX spikes by 5 points or more, and the smart money 'buys the dip' in risk assets, making VIX retrace 75% of its recent climb,...
The bat pattern is now completed. Looking for price to retrace to FIBO 0.236, bounce for head and shoulder pattern completion. Then taking out support at 1.1907. And continuation of trend towards parity.