It looks like FUELBTC is reversing after a correction. This correction made sense after the massive builds and highs that where made. Now it looks like we have a new trend line which is respected. We made new big volumes yesterday, so the pair is active and used by traders. If we make a same swing as last time we can go up to new highs around the 0.00004000 area.
After a period of corrections it looks like Gulden is ready for new highs. The traded volumes where allmost flat-out, so it looks like the correction is done. We build energy to make new highs. We reached on the downside an older support/résistance area, so this could be a good turning point
This is not the first time that Bitcoin retests it upward trendline (in red) and respects it. I Believe that from now we could see a further growth of bitcoin. It is possible that if we break the uptrendline we could see a further downside somewhere around $8.000 There will be a strong support if that happens. But I am bullish again on the Bitcoin from...
On the chart we can see that there is a long possibilitie for the pair RIPPLE ETHEREUM or XRPETH. I think the pullback is now complete and we can expect another swing or boost up. The target is around the 0.005 area as we can see there is a fibonacci point there, there is psychological number and the swing is about the same size as last time.
If we can break this wedge we're in now we can see a new potential high. As we take a look to the last swing up and measure the same size we will end around the fibonacci 1.618 level wich is around the $500,-. A lot things happend on the crypto market today, will this be the next move?
The Gulden is coin is getting more and more accepted as payment method i the Netherlands. Also it is picked up in international forum and crypto groups. As we are in a good almost exponential uptrend we are looking for new highs. The last high was a psychological $ 0,50 area. As we can see if we look at the fibonacci levels the potential high is now about $ 0,65....
I think Ripple is ready for another swing up followed by a pullback and a new swing up. As we can see the area's for the potential upsides are a resistance followed by fibonacci area's and the swing are about the same size as last time.
As we can see a flag has been formed, now we have to wait till it breaks. After we may see a swing to the resistance line around the 850 zone. A retest of the line that has been broken and another swing and break of the 850 line is possible.
I think that the downtrend, or correction, may get further down to the 10.500 zone. We may get a retest at that point again after the retest/correction of last week. As we can see the fibonacci retracement line 0.681 is set to around that area. If we can see a further upside tot around 15.000/15.500 we may break the downtrend, break-out to the upside, maybe...
After we touch the uptrende line on the downside we can see a potentional upswing to the 1.6 area. The swing is about the same af the last one.
If we look to the bigger trend in this picture we hit the lower side of the tube. Sow this is a good moment to go long on this pair. If we break the support area where we start there could be a further downside with a retest of the trendline.
Possible long on GBPUSD. Since we are on the downside of the uptrend line we can expect another run to the upside recistence wich is drawn in this picture. Since we are in a bigger uptrend we follow the uptrend.
Possible short if we look to trend and fibonacci
Long possibility here with the GBPUSD pair. We follow the bigger uptrend now the the downside of the uptrend is touched.
Short term short on AUDUSD. Now it retested this minitrendline we can go short till it hits te bigger uptrend line. After that we will see what happens.
If EURJPY will retests the two trendlines there will be a possible short at that point. Keep an eye on this pair for this trade. When we take this trade we can ride it down to the support what will become resistance.
CADJPY possible short. At the moment it touches the downtrend curved line. Low risk and good risk-reward ratio