Reasons to short #1: Bearish RSI Divergence #2: Dark Cloud Cover Price action pattern #3: Support TL breakout #4: D1 Key Resistance Kill zone
EURCHF is stading on a major W1 resistance TL and we may look for short oppotunitites if price gets rejected from this resistance level. Currently price is about to form Bearish Gartley pattern and D leg of gartley pattern also laying on a minor resistance zone. Once price reaches this major resistance level look for clean sell price action candlestick pattern...
GBPUSD, EURUSD, AUDUSD, NZDUSD, GOLD, DXY
After a retracement of more than 50% from All-Time High Ethereum Classic, ETC/BTC found good support around the 0.001950 area. The RSI and MACD indicators are heading up and showing a divergence around that level as well. We can still have a little more room before we reach the Apex of the descending triangle but when ETC/BTC breaks the descending triangle to...
ICON, the Korean Etherium ranked #23 at of this writing is a strong and popular coin with good team and fundamentals so you really can't go wrong with this coin. Even better is that by the end of this month ICON is expected to launch their ICO Platform and IISS. This is a big milestone in their roadmap so this should bring some good hype and action! Now let's...
Reasons that may push USDCHF -0.01% down Reason 1: Test of Resistance TL Reason 2: D leg of Bearish ABCD pattern Reason 3: D leg of Bearish Butterfly pattern We just need some clear Sell signals on smaller TFs such as H1 or M30
Short On GBPCAD based on several reasons #1: Test of Resistance TL #2: Double Top Pattern #3: Test of Broken neckline of Double Top pattern #4: H4 Engulfing Price action candle pattern confirmation
Cardano, ADA/BTC one of the more popular coins has been in a nice recovery from its lows in March. The recovery is not only lead by the recovery of the overall market/BTC but mainly because of increased visibility and key activities/events such as meetups, conferences, and recently a roadmap update. Also, Cardano got listed on a few more exchanges with Huobi...
NZDUSD look Buy in a long term and Sell in a short term USDCAD looks Buy in a short term and Sell in a long term
One of the best performing coins in the last month has to be Ontology, ONT/BTC. After a very nice runup and some consolidation, ONT/BTC has now formed a nice channel for itself: Currently reaching the support level at around 0.0005500. This area is also close to the bottom of the channel and happens to be near the .618 fib retracement level as well. So as...
After a terrible march for NEO, NEO/BTC where it drops more than 40% against BTC with eventually being one of the worst performing altcoins in March. As NEO consolidated for most of March, it finally reaches support around the 0.006700 satoshis area. With this clear support and consolidation making lower higher, NEO/BTC has formed a nice triangle pattern in...
We have reach the H4 of rejection 106.866 and reject as history has strong support and resistant in this range,we looking for a quick profit for price to go up to 107.433 which a previous wall for Dollar and YEN. Please trade at your own risk.
With the rise of Upbit listing, TRX/BTC has retraced quite a bit but found support between the .500 - .618 fib retracement levels at around 0.00000550. Bounced several times on this level and from its hourly 50 ema (yellow line) so this seems to be a good support area for TRON. If you look to trade this bounce as a short-term/day trade, then this is how you...
Reason that may Push AUDNZD upwards Reason 1: D leg of Bullish Shark pattern Reason 2: W1 Minor Support Zone Reason 3: W1 Major Support Trendline P.S: Wait for clean Buy signal confirmation on D1 & H4 chart to long this pair. If Pair continues to go down without forming bullish confirmation signal. Don't place any orders
As you can see above, STEEM (USD) has just broken out of its long consolidation period and wedge pattern. The bullish divergence in both the RSI and MACD already gave us a sign of a possible reversal coming. The MACD was also in a long consolidation period and wedge as well, STEEM had to break out one way or the other. And since it has already retraced...
After a nice climb TRON, TRXBTC has consolidated and found support around the 0.00000485 level. This looks like a good support area cause the 0.00000485 - 0.00000500 was several times previous support and resistance area. When you look at the Elliot Wave theory then you could see a bullish ABCDE pattern forming on the hourly chart. If this ABCDE pattern does...
Binance, BNBBTC broke out of its cup & handle pattern as you can see above. This is also at the point Binance went above the $10 mark, which is a key resistance level. Can BNBBTC follow through? If you want to daytrade this breakout, here our trade instructions: Buy Area 0.0012000 - 0.0012200 If you missed the initial breakout, then don't try to chase but...
Looking for a quick daytrade? Well, then take a look at Verge, XVGBTC on Binance. With the news announcement/update of a possible largest partnership in crypto to date and their crowdfunding program, Verge have spiked nicely today. After setting the HOD XVGBTC has retraced quite a bit but found good support at 0.00000411 which also happens to be the 0.618 fib...