Gobabacom

Gobabacom

BTCUSD is currently range bound between 3128 and 4240. The price is below the 14-day MA. Additionally the RSI is in the negative territory. All together the graph tells us that the selling pressure remains and a test of 3128 is probable. If we see bulls get the upper hand and take the price above the 14-day MA, we can talk about 4240 resistance, otherwise new lows...

Gobabacom

ETHUSD is falling gradually. Currently the price is between 113.60 support and 125.50 resistance. Considering the volatile characteristics of the crypto market, a breakout strategy could work on this graph, meaning targeting 98.00 level if ETH breaks below the 113.60 support (more likely considering the down trend), and targeting 160 level if ETH breaks above...

Gobabacom Updated 

We see a break below the important trend line on daily graph. If btc closes below the trend line, a new down move, targeting 3456, is probable. Looking at the other direction, If the bulls break out of the resistance of 4075, bitoic can test 4500 level again

Gobabacom

EOS has been stuck in a range for some time now and is close to the 2.2430 support. If the EOS/USD pair plunges below the range, it can decline to the low of 1.5300. However, if 2.2430 holds, the bulls can take the price to the 3.1080 resistance, and only then 4.6065 is probable

Gobabacom

It seems a retest of the upward trend channel support is near. We are going to watch the retest closely as it might provide a good trade idea. In case of a break below the channel support line, a downward move till the 27.40 is probable. However, if the support line holds, the bulls can target the upper band of the channel

Gobabacom

Bitcoin has broken the important 6490 resistance and currently trying to hold above it. Unless we see a break below 6490 level, we are going to follow a bullish scenario, primarily aiming 6680. However, if the break below occurs and stochastic turns downwards, we will change our scenario to a bearish one, aiming 6353 support

Gobabacom Updated 

The 5.47 - 5.19 range still valid for EOS as price is in the middle of the band currently. Stochastic does not say much but if a break below 5.19 support occurs, we expect a downward move until 5.00. Looking at the opposite direction, 5.47 resistance stands firm, but a break out of the range can carry the price to 6.00.

Gobabacom Updated 

ETC is testing 9.47, an important level both for bears and bulls. If we see a break below 9.47 support, our bearish scenario will be triggered. In that case 8.88 support is a likely target. On the other hand, if we see 9.47 support holding up and stochastic turning upwards then we will follow a bullish scenario, targeting 10.12 and 11 respectively.

Gobabacom

Dash is trying to overcome the 155 resistance, however does not seem to be succeeding, at least for the moment. Stochastic has turned downwards, triggering additional downwards pressure from indicator traders, so 150 support level could be tested again. If a break below this main support occurs, we could see a fast move till 128. On the other hand, despite the...

Gobabacom

We are neutral on Bitcoin cash and watching the 425-454 band for a potential breakout. Although the main trend is downwards, there is a strong support area between 420-425 levels. We are going to follow a bullish scenario if we see a break above 454 resistance. The targets are 477,503 and 530 levels respectively. On the other hand, if we see break below 420-425...

Gobabacom

Litecoin is moving sideways in the 53.15 - 51 band. Price is currently in the middle of the band, however, stochastic is at overbought, signaling a downwards move ,so a break below 51 support level will open the way to main support at 47. On the other hand, if we see a break above the 53.15 resistance despite the stochastic indicator, we are going to follow a...

Gobabacom

We are watching 0.4380 and 0.4750 levels for a potential breakout. Stochastic is at overbought which increases the chances of a downwards move. If we see a break below 0.4380 support, we are going to follow a downwards scenario targeting 0.3880 first. Looking at the other direction, if XRP could break 0.4750, 0.5460 would be the next target.

Gobabacom

Ethereum remains weak under the 205.50 resistance as stochastic moves downwards to the oversold area. If the selling pressure continues, the next support is at 195. We will follow a bearish scenario under 195, targeting 184.80. On the other hand, our scenario will turn bullish if we see a break above 205.50. In this scenaio initial target is 220 resistance level.

Gobabacom

Bitcoin has failed to test 6490 resistance and started moving down. Stochastic is pointing downwards, getting close to oversold level. If we see a break below 6353 support level, bitcoin can slide to the next major support, 6150. However, if we see a break above 6490 resistance level, we will follow a bullish scenario targeting 6680.

Gobabacom

ETHUSD is still under the influence (downwards) of the daily tailed bar occured on Monday at the middle bollinger band. We also see a bollinger band squeeze which generally indicates a fast move either up or down. Looking at the possible scenarios, if we see a break below 167 support, the long term support, 136, could be tested. On the other hand, a break above...

Gobabacom

Litecoin couldn't hold above the 60 resistance and currently is around 52. We are watching a bollinger band squeeze for some time now, and stochastic is pointing upwards, so if a break above 60 resistance occurs, we will follow a bullish scenario targeting 69.50. On the otherhand, if we see a break below strong 47 support, we will follow a bearish scenario,...

Gobabacom

XRPUSD is trying to go up with the help of fresh buyers that came at 0.38 support level, however, the middle bollinger band proves to be a strong resistance for the moment. Stochastic is upwards so our main scenario is a break above the middle bollinger band and then targeting 0.6250. On the other hand, if we dont see a break above the resistance, and if 0.38...

Gobabacom

Bitcoin couldn't stay above the 7430 resistance level and currently is at 6807, just below the 6850 resistance. Stochastic is upwards and if the price break above 6850, 7430 could be targeted again, however if we dont see a break of the resistance, than our scenario will be downwards, targeting 6424 and 6100 support levels respectively