A bearish channel has been confirmed, and the price has just bounced off the support level of this channel with a massive increase in momentum. I do believe that this currency would break out the top of the channel, this mainly depends on fundamentals. The fundamentals for the GBP are not looking very good due to Brexit and the massive chance the UK have got of...
It currently looks like LTC has managed to breakout the support line of the descending triangle, this is not good for the future price of this pair, as the analysis is starting to look very bearish. We see that this pair has been moving for a long period of time creating this triangle and it has finally broken out, I think the price would retrace back to the...
The price seems to have started to range in the resistance zone, it is struggling to break it as the price has started moving back towards the channel, we could see the price at this point break back into the channel. I think it is much more likely that the price would be able to break the resistance level and move even higher, the USD is having a strong push and...
A descending triangle has formed, this usually shows signs of a bear move, but in this case we could see the price break out the resistance level of the triangle. We would have to wait and see for the direction of this pair and I would be posting regular updates to keep everyone updated about what is happening with this pair. The RSI is at an oversold level...
This pair has formed a rising wedge, it would be best to keep an eye on the pair for a breakout of this wedge. The break could potentially be huge!
We could see a bullish rally after the price has just touched the support line of the channel and has lost momentum, this could mean that the price is getting ready for a bullish push towards the resistance level. The RSI in particular is right next to the oversold level showing signs of the pair moving up and the price has just touched and looks like it is going...
The price looks like it is taking a period of consolidation, the price is moving between a range over the last couple of hours, but the RSI is correcting, this could mean that the price is getting ready to fall further. The price did fail to break back above that previously broken support level before falling, we could see further down moves on this pair.
This crypto has just reached a very strong support level and I don't think it would be falling further. I believe the crypto is about to move back up to the resistance level. Cryptos have struggled over the last few weeks after a massive amount of money being taken from crypto banks due to crypto heists. I would keep everyone updated about the fundamentals and...
There seems to be a symmetrical triangle starting to form, the triangle is getting more and more narrow as the time passes and looks like it is getting very close to breaking out this triangle over the next few hours/days. I would keep an eye on this pair to see which way it is going to breakout. I would keep everyone update on my finding over the coming days. The...
The graph looks to have broken out the ascending triangle and gained enough momentum to even go ahead and break out the long-term bullish channel. The price has seemed to lose some of that momentum as it has started to consolidate, it looks like the price had consolidated down to the previously broken resistance and bounced, this shows that the price is treating...
This pair seems to be bearish to me over the long-term. The head and shoulders pattern is still very possible, but the EUR has struggled to gain any type of solid momentum over the last couple of weeks meaning the currency is finding it very difficult making its way back up to the previous high created by the first shoulder. This is still a very likely outcome but...
The pound still seems to be stuck in the bearish channel, we will need to watch this over the next few weeks as fundamentals and Brexit talks are going to play a major role in the direction this currency is going to be moving. The most important thing to lookout for is the chance of an August interest rate hike from the Bank of England, this could send this pair flying.
The price has now fallen below the support level which was standing for the last couple of months, after breaking below the price retraced back to the broken support and bounced, this means that the support level has now started to act as a level of resistance. This is very negative news for this crypto as the pair is looking to be bearish. I would keep everyone...
The support level has managed to hold but the price has fallen into a range and looks to be getting ready to once again test this support level, if the price falls below the support level we could see bearish moves as low as $5600. If the price holds and starts to move above this support zone we could see the price make its way all the way to the resistance level...
A significant breakout has taken place over the last few days and now we can see that the price has started to fall, this is most likely retracing, we should see the price show signals of another bullish push. We could see this price drop as low as the previously broken resistance level, if the price at this point bounces it is very likely that we will see...
The price looks like it has managed to make its way up to a strong resistance level, the price is currently in a bullish channel and has bounced off the resistance level and started to head lower to the support level of the channel. I believe it is very likely that the price is getting ready to break out the bottom of this channel and could make further bearish...
A head and shoulders seems to be forming, the price has just hit the support of the previous shoulder and started to make its way up forming the second shoulder, I believe the price would make its way to the high of the previous shoulder and if the price bounces at this point it is very likely that the price would start to make its way down. Once the neckline is...
The graph has just formed a morning star as the price touches the support level of the bearish channel and the price was also touching the oversold level on the RSI. This means that the price is getting ready to change direction and we might see bullish moves over the coming days. This pair has been looking very interesting lately after the BOE (Bank of England)...