Judging from the Momentum divergences Litecoin looks worse than Bitcoin. Either on the 1 day or 4 hour charts there is no room for further growth without correction. But then again this is crypto. It doesn't always know the rules. I would not enter new positions and reduce the ones I have to my minimum long term hold amount.
New target after breakout of flag to the upside of 1,30 USD with a risk reward ratio of 6:1.
This precious coin wants to make nodes across blockchains able to communicate and offer services to each other, such as computers in the internet talk to each other and use products offered via an api. I'm not sure about the status of the implementation since this project is rather old from 2014. It was born before Ethereum. And still the concept is more...
The bottom could be reached. Support at channel bottom, momentum low doesn't confirm price low, and RSI turned to oversold territory. Let it test the channel bottom 1 more time and wait for a reversal candle.
The price still moves sideways for 2 months now and the last two lows are confirmed by the momentum lows in the MACD indicator. The ADX indicator is below 20 and therefore stays in the sideway zone which means that the bollinger bands tend to limit the movement of the price in every direction. Odds favor a continuation of the sideway movement and the last high is...
According to the ADX the price moves in a sideway range in the hourly chart. this means that a break of the 20 period Bollinger band to the upside would indicate a impulse that could lead to the upper resistance of the trend channel, giving us a acceptable risk reward ratio of 3:1. The stop should be set below the long candle that produced the breakout of the...
BTC to break to the upside and Ripple ready to leave the bullish pennant to the upside. With a projected target for BTC of 27k and a target for ripple of roughly 2 times the current value in terms of BTC, these two movements combined can bring us 3 times the reward of our investment in USD.
since the beginning of time this trading pair is always moving within a range. now its NMC time to advance over PPC.
The stock is likely to bounce from the demand zone to the upper side and provides a good reward to risk ratio with a 50% potential to the upside.
This is an online broker that is about to introduce cryptocurrency trading trough a partnership that has yet to be announced.
about to reach demand zone. medium target to risk value. executable within the coming days.
The past bull run in 2013 has reached its target in wave 5 extending wave 1 by fibonacci factor 2.61 which would lead to a price of around 10700 USD for the top of wave 5 in the current cycle. The price retraced to the factor 1.61 of wave 1 as a support to form a double top and declined back to the previous low of wave 4 which was tested several times until it...
Cool feature: add two charts using algebra in the search field. adding the price of BTC and BCH reveals that we are nearing the 10k USD mark for Bitcoin. If BCH goes up BTC goes down and vice versa so that it might be actually the same just shifting around a bit. If you waited for that target it might be a good time to take profit now. The price is close to the...
Ethereum is set for another pump. The ADX entered neutral area just this morning and the last 3 highs in price are mirrored by the MACD so that the RSI and the Bollinger Bands can be ignored for now. The moving averages are below the price and indicate an ongoing expansion. If the current test of the old resistance line at 390 USD that derives from the last 2 tops...
Cross referencing the EUROSTOXX 50 and watching the development of the ADX that turned yesterday to indicated a sideways consolidation phase it seems likely that the current correction is not over despite the hammer candle followed by the bullish engulfing candle a few days later both after touching the SMA50 and the confirming bullish candle yesterday that was...
Reading the waves patterns, for the current uptrend starting in march 2003 with wave 3 starting in march 2009, wave 3 could have ended with the current ATH @13526 points. Correction wave 4 tends to correct wave 3 at least 38%, while the low of minor wave IV of 3 serves as resistance. Connecting the lows of wave 1 and 2 using the thin red line indicates a low of...
Currently the DAX is in a upwards trend. **Healthy uptrend** - SMA 20 remains above SMA 50 - SMA 50 remains above SMA 200 - ADX still indicates an ongoing uptrend - 3/10 MACD shows no divergences on the upside. **Questions** - If the ADX switches to range mode or neutral mode, the Bollinger bands would indicate a bottom of 12808. - If the consolidation...