I´ve been looking a lot at XRP these days and I have been trying to figure out if it is time to fill or empty the bags! Looking at the current formation and price action, it is really not tempting. The price is currently below the SMMA 200 on the 30 min, which indicates a bearish trend. Furthermore, the price is clearly forming a bearish cup & handle, as well as...
We have seen BTC run up quite remarkarbly, but everything has to come to an end! With all the hype around BTC right now, and with my grandparrents beginning to talk crypto I feel the bull market is coming to an end. Using Elliott wave we can easily see that the 5th wave has to end somewhere around the current area and perform a proper correction. Also we have been...
As the stock market has been very worried this week, we have been seeing lower highs on the Teligent stock. However I believe we are building good momentum for a run up today and the coming week. If we hold 1.2$ and break the resistance levels @ fib 0.618 (Teligent 1.3$), and continues to break the previous top along with 1.4$, I believe we could see new highs...
The Nordic indexes have struggled this week along with the USA. However, I believe we are in for a treat the coming week as the market relaxes! We had a beautiful bounce on the Fib (0.618), and with a close in the range 55-60 today I believe that we would continue to move upwards. If you have any questions please let me now! Best regards, Widtrade
Bitcoin is currently in a bullish channel and looks very healthy and strong. The upmoves are not over exaggerated which is a good sign, and pulbacks like this is good long term. The price seems for the moment to follow the 50 EMA and bouncing nicely off of it! I believe BTC will make new highs. This is not financial advice, make your own analysis! Best Regards, WidTrade
As GBPJPY approaches support we see a break of the short term trend but a continuation of the major trend. Bullish 1H candle at this level. As well as 2 rejected shorts on the 4H. Im long. This is not financial advice, make your own analysis :)
Taking this long on EU due to this historical support level and a bullish tailbar at this level. Furthermore there is a bigger channel to this and even if it looks bearish short term, I believe it is about to turn around :) P.S. This is not financial advice, make your own analysis.
Chart shows weakness at the 50 EMA resistance, large probability of a pullback anytime soon. Price might bounce off of the 100 EMA, but support is weak as shown earlier. Short near 7760 or wait for market open. SL 7815 TP 1 7690 TP 2 7660-50 Let's make that money! Best regards, WidTrade