Bias: Weak Bearish USD News(Red Folder): -None Analysis: -ATH being created many times, price showing minor rejections -Looking for price to reject the current ATH with a bearish structure -Potential SELL if there's confirmation on lower timeframe -Pivot point: 2950 Disclaimer: This analysis is from a personal point of view, always conduct on your own research before making any trading decisions as the analysis do not guarantee complete accuracy.
Recovery at the middle of the falling wedge This recovery allowing price to break out and retest the initial price high (horizontal dotted line) I consider the vertical dotted line the middle of the overall larger pattern Retest of previous high during this bull run Daily chart
After an atrocious multi-year sell-off, DNA is building support above $10-11. Strong financial results and outlook could threaten to fill the gap back up to $30 over the next few months. The previous sell-off shows very few sign of resistance in this range ($11-$30). Watch out bears.
Not Financial Advice... Not a 100% certain but this could be the riot channel, and if it is then about $130 is pretty likely.. unless it just dumps here.
I was looking for a bigger pullback but we didnt get it. The way price is moving and based on the FOMC news I think the pull back is over and price is ready to continue bullish. We just came into the killzone and things look like they are lining up. Trailing stop along the way.
This first target has been the peak several times for bulls before during bull markets and I think price will hit some resistance here If I am correct and the alt bullrun ensues then LTC will target this area first Price is currently within a bullflag type structure, looking to breakout. 4Hr chart
XRP with Bitcoin overlaid. Its been a very pleasant ride up since buying @BTC 0.786 retracement as described on my linked Bitcoin thread; up 12%. Notice how XRP pumped with Bitcoin since that 0.786 low on 18th February. I informed you guys on TradingView before my dip buy on my linked Bitcoin video . But Bitcoin is becoming choppy and its due one more rippling GW slump back to the retracement GW (0.618 - 0.786). Higher volatility coins tend to move first and here XRP is making its move before Bitcoin. And so XRP is a leading indicator that assists us to know that Bitcoin may be heading for a slump. Now its time to take some profit in this area. The most likely pull back from here will be a retracement Golden Window - See Bitcoin video to know my TA terms. That is from the 0.618 - 0.786; $2.57 - $2.52. In these areas I have both high and low time frame portfolio. In the HTF i'm just HODL'ing as investment, but in LTF I'll be looking to buy the dip @ $2.57 ?. Not advice.
we made more than 500 pipe in usdjpy for free.... if u used it follow me for more........
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 0.63/61.80% Chart time frame: B A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress: A A) Keep rising over 61.80% resistance B) 61.80% resistance C) 61.80% support D) Hit the bottom E) Hit the top Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern. When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point. As a great help, tradingview provides these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved. If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks. If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
XRPUSD has broken out beautifully and is hodling its place above other altcoins Due to such strength I expect more upward room Maybe $10 ? We will see Very bullish altcoin and buy Daily chart