The United States dollar is a Federal Reserve Note and is the official currency of the United States and its overseas territories. Many countries use it as their de facto currency, while others use it as their official currency. The US dollar is the world’s most dominate reserve currency and is used in most international transactions. It is flat money which means that its value is derived from government regulation or law.
Midterm forecast:
5.0000 is a major support, while this level is not broken, the Midterm wave will be uptrend.
We will close our open trades, if the Midterm level 5.0000 is broken.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (5.9300 to 5.6450). if so, traders can set orders based on Price Action and expect to ...
Midterm forecast:
While the price is above the support 13.60, beginning of uptrend is expected.
We make sure when the resistance at 15.60 breaks.
If the support at 13.60 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Trading suggestion:
There is a possibility of temporary retracement to suggested Buy Zone (14.650 to 14.400). We wait ...
Technical analysis:
. RIPPLE/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 34.
. While the price downtrend in the Daily chart and the RSI is not broken, bearish wave in price would continue.
Trading suggestion:
. There is still a possibility of ...
Technical analysis:
. TRON/DOLLAR is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 34.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. Price is in the support zone (0.030 ...
Technical analysis:
. NEO/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 45.
Trading suggestion:
. Price is in the support zone (0.1860 to 0.1380), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. ...
Trading with fractals is extensively used by the large market players and it is the best indicator of the fractals’ reliability. The combinations of fractals have such characteristics as self-similarity, scaling and memory of the «entry conditions», and, therefore, they can be used successfully for making price forecasts.
I don't think this will play out in the ...
Technical analysis:
. IOTA/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 39.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. Price is in the resistance zone ...
Technical analysis:
. SYSCOIN/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 48.
. The RSI and the price downtrend in the daily chart are broken, so the probability of the beginning of uptrend is increased.
Trading suggestion:
. There is a ...
When MPP (P) functions as a resistance line, consider long entry.
First limit: WePP (P) 0.99610
Second limit: 1.00000
Third limit: 1.00400
I would be grateful if you like it idea,give me follow or agrees!
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Brown thick line: Yearly Pivot Points (YPP in the text)
Light blue thick line: Monthly Pivot Points ...
I am placing a buy limit on BTCUSD @ 6800
Stop Loss 6200
Target: 11100
Btcusd bottom out last year where I bought @ 1800 and took it to 17000. I'm expecting this to potentially be the bottom of 2018. If this level doesn't hold it is possible we see 3000. With proper risk management this is a good level to try buys. If it doesn't hold we will simply try again at ...
Technical analysis:
. EOS/DOLLAR is in a range bound and the resumption of an uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 36.
Trading suggestion:
. Price is in the resistance zone (6.95 to 5.84), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term ...
New trading suggestion:
*The price is in a range bound and we forecast the uptrend would resume.
*There is still a possibility of temporary retracement to suggested support line (0.031). if so, traders can set orders based on Price Action and expect to reach short-term targets.
*If you missed our first HUNT, you have a second chance to buy above the suggested ...
Technical analysis:
. IOTA/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 43.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is still a possibility of ...
We have had the break and retest with immediate rejection of the trendline here as shown which lined up nicely with a former swing low point.
However, we have failed to go ahead and make a new lower low. I would look to see how price reacts around the most recent high and make a decision on my bias from there.
It is a beautiful range sandwiched between Pivot Points.
It will be a simple point of trying to short.
<< tactics >>
1) When MPP (P) 0.68568 functions as a resistance line, consider a short entry.
The first limit is WePP (P) 0.67879
The second limit is WePP (S1) 0.67351
2) If you penetrate MPP (P) upwards, wait for a long entry opportunity.
Please note that ...
Technical analysis:
. OMISEGO/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 41.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (7.00 to 5.50). if so, traders can set orders based on Price Action and ...
Technical analysis:
. LITECOIN/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.
. The price downtrend in the daily chart is broken, so the probability of the beginning of uptrend is increased.
Trading suggestion:
. If you missed our first HUNT, you ...
