Bearish signs - three black crows, followed by a pullback; incoming bearish MACD cross. Bullish signs - bullish ascending channel is still respected For a bullish case the red line at (0.014736) should be broken. Most likely scenario is the retest of a red line at (0.014736) and a wick down to 0.011398
Rising wedge formation is apparent on 1d chart. Daily volume is decreasing, which also acts as a confirmation. There are multiple ways the price can deviate, but $5883 (EQ) target is very likely to hit. Good luck in your trading!
BTC USD pair is in the descending parallel channel since June 2019. Currently, we are near the top of the middle channel - T2. If bulls reclaim T6/T7 channel the market is bullish. Otherwise, as long as we are below the T2 trendline, remain bearish with a target of $6100,. Trades in the T1/T2 zone are high risk. Good luck in your trading!
Potentially, a bearish bat is forming on the daily TRX / BTC chart. Leg C should bottom out at around 150 satoshi. Leg D should start in the beginning of February and should bring the price to the area of 400 sat. Good luck in your trading!
Currently, LTCUSD is a long - target $86, The price should test the green rectangle area ($79-$100) before / around December 23. However, the following scenarios are possible based on the price action near the green rectangle: Bear case (most likely) - Price reaches the area of green rectangle ($88 - $92) and gets rejected. This rejection would mean that Zone 1...
XBT USD is following an WXY corrective pattern. Recent upside to the area of $12400 does not seem to be the top of the X wave, it is still possible for the X wave to reach $13200 mark. A confident break upwards of $13200 will invalidate the current wave structure. IF the top of the X wave is in, I would be expecting downside price action to the area of $8500 -...
ADA USD is currently in the wave B of ABC correction of primary degree. Expecting downside action (start of the wave C) once the price reaches 0.061 cents Long bids positioned in the area 0.39-0.42 cents with potential target set to 0.076 cents This wave count will be invalidated on the upwards break of 0.062 cent resistance line. Good luck!
BTC is currently in a wave 2 of intermediate degree of a (motive) wave 3, of higher, primary degree. Target for the next major advance is around $14600 Unless $10700 level breaks down in the next couple of days, an advance to the target zone should follow. This wave count will be invalidated on the break down of $11200 area.
XBT USD pair is currently in wave B of the ABC correction of minor degree and wave 2, of higher, intermediate degree. Short term bullish target is around $12,200 - $12,800. Correction wave C should bring the price to the area of $8500 or a bit lower and should conclude towards the end of September. Will be looking for long bids in this area. Good luck!
LTC/ BTC pair is currently in the C wave of ABC correction. Support is around 0.075 area. Also, the bottom of the downward facing wedge can act as a bullish reversal point. Looking at the long bids around 0.073-0.077 area, with a stop loss right below. Good luck!
DGB/ BTC pair is in the accumulation range. Currently, it is at the wave C of the ABC correction. Based on the retracement length of wave A, the wave C can go as low as 68 satoshi, and in best case scenario, support can be found around 80 satoshi. Long bids in the area of 68-80 satoshi, with a stop loss right below Good luck!