GJ today with the News, broke out of the Uptrending Channel where it has been for the past days. Now I see 2 scenarios: a. It retests the Channel and dives down b. It breaks back into the Channel and continues the Uptrend
Short-Term Buy @ 109.100. We have placed our stop loss at 108.775 this is 32.5 pips below our entry price. We have placed our take profit at 109.775 this is 67.5 pips above our entry price. Thanks!
The price has returned into the channel. Indicators: -Fibonacci retracement (2015 to ATH) -Fibonacci channel (015 -today) -200 MA 1W
ICXBTC now is situated into an uptrend channel and just broked the falling wedge. In this 1D timeframe we have a bullish setup because: -We have the first buy candle at MACD(momentum) -RSI is situated above 50 -Stochastic rising and soon will hit the overbought zone GOLDEN CROSS coming soon!!!! Targets for midterm: 0.0000986 ; 0.0001100 ; 0.0001369
The channel's middle line (50%) has turned into resistance.
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The bullish reaction to the big drop 2 days ago started off great, but then really disappointed as the rally fizzled out really quickly. The volumes are dropping and have been riding near the bottom of the "uptrend" channel for most of the day. Based on my wave counts and the current Elliott Triangle Wave, it seems that we are due to retest the bulls at the 6000...
Hello Lads and Ladies, Today we are looking into NEOUSD. Many people were discussing and looking into NEO the last month. As well, they were questioning what is happening with it and where it is heading to. So as we see todays' chart. NEOUSD is located around $53. Since the January 15th NEOUSD has been in a constant downtrend, as we see in the chart highlighted...
OmiseGo is soft touching an ascending trend line, is in the pitchfork mid area, the only thing it needs is to cross above EMAs 10-26-55 and close the candle above them in the daily Chart. It's growth has been a sustainable one so I don't see other reason than a bitcoin price action reason not to have a healthy growth in the short-mid term for OMG. Modest Target...
Think the BTC going to 10700 usd or higher in coming week
Since my first post last week, I identified an Elliott Wave count at the very beginning of the 1st impulse wave. Since then, I've had to adjust the 2nd correction wave several times, as this is a much more protracted and deeper correction than expected. You can see that the correction fell out of the uptrend channel, but found several support levels outside of...
The price is moving inside a large parallel uptrend channel. Additionally, the price is forming a falling wedge bullish reversal pattern, which indicates the selling is slowing down, and a bounce is likely to happen soon, which also matches with the channel support line. As long as BTC is behaving well, NEO/BTC is likely to show very nice gains from this...
Hi guys, On the 4-hour chart we can see an uptrend move which has been forming since the 25th of April. The trend angle is near 30 degrees. The decreasing volume indicates a consolidation and an ascending triangle is due to break this night. If the trend follows an uptrend move with a 60-degrees trend angle until $780 support, where the 6th up Fibonacci...
Hi guys, Adam & Eve double bottom on the hour-chart for LTCUSD. Just wait the confirmation. We are also in an ascending triangle and RSI shows a hidden bullish divergence. First support is $157 where we had a rejection yesterday. Then, we could reach $162 if the double bottom doesn't fail. Have a nice day !
ending corrective as continuing confirmation of normalized up trend.