


InvestingScope
PremiumAs expected the consolidation around 0.1000 broke downwards and a new very aggressive 4H Channel Down (oversold RSI = 21.923, STOCHRSI = 0, Williams = -98.798, Ultimate Oscillator = 21.489) has emerged. This is still trading within the wider 1W Falling Wedge pattern (MACD = -0.080, Highs/Lows = -0.0498, B/BP = -0.1070). Our ultimate TP is still 0.060 but if 0.055...
After breaking the 1D Ascending Triangle (oversold STOCH = 19.801, STOCHRSI = 0.000, Williams = -95.573), ETCUSD has sharply decline forming an aggressive 4H Channel Down (RSI = 32.215, Highs/Lows = -0.5934). The price is now near our TP = 9.5050 and also the supporting ling of the 1W Falling Wedge, which is the commanding trend provider on the long term. Crossing...
Following a short lived (non-technical) rise on 4H, DASH has resured the downtrend, on even stronger momentum, as 209.140 is another Lower High on 1D (Highs/Lows = -4.2017). We expect an emphatic test of 156.55, which will reset the currently neutral RSI = 47.724, STOCH = 46.018, ADX = 17.310 back to a bearish action. Our short targets for DASHUSD are intact: TP1...
NEO has kept the 1D Channel Down intact (MACD = -1.341, Highs/Lows = -1.9246, B/BP = -3.4425) and is now approaching the August 14th bottom at 13.55. Despite the oversold action on STOCH, STOCHRSI, Williams, the Lower Low potential extends to and even beyond 3.79. However we continue to pursuit a more moderate short target on NEOUSD (TP = 8.78).
Following the strong Lower High rejection on the 1W Falling Wedge (MACD = -25.261, Highs/Lows = -2.9135, B/BP = -32.2662), XMRUSD is now consolidating around the 103.754 support (orange dots) in an effort to harmonize the oversold STOCH, STOCHRSI, Williams figures on 1D. 4H is developing a Channel Down (MACD = -3.617, Highs/Lows = -2.0217), symmetrical to the July...
DKKJPY is trading sideways within a long term 1W Rectange (RSI = 48.280, ADX = 16.028, CCI = -1.8926, Highs/Lows = 0.0000) at 16.755 - 17.700. Our operating scalping zone is 17.000 - 17.480 but for those who seek more risk can engage as low as 16.845. If either the 16.755 Support or the 17.700 Resistance breaks, we will cease engaging.
The 1D Channel Up broke to the downside before hitting the 0.030 Resistance and an aggressive downtrend emerged (oversold STOCH, STOCHRSI, Williams) for TRXUSD on what is the new bearish leg of the 1W Channel Down (RSI = 43.029, CCI = -128.9316). The Lower Low on this Channel is the 0.009634 target extension but before that we maintain a more moderate TP = 0.01410...
IOTA didn't cross the 0.7947 Resistance level and subsequently a new Lower High was made at 0.7428 that initiated a strong rejection (STOCHRSI = 19.365, Williams = -87.292, STOCHRSI = 15.207) within the 1D Channel Down (MACD = -0.042, Highs/Lows = -0.0660, B/BP = -0.0550). The new 4H Channel Down that has emerged can gradually take IOTUSD to our target set on this...
Since the previous 1D Triangle broke at 0.2060 to the downside (RSI = 35.753), a Channel Down has emerged (MACD = -0.013, Highs/Lows = -0.0194, B/BP = -0.0294) that is aiming for our September targets of 0.1802 and 0.1713 (June 29, 2018 low). There are high chances to consolidate after touching 0.1802 due to the already oversold STOCH = 19.699, STOCHRSI = 0.000,...
LTCUSD eventually reversed after reaching near 70.000 values, which was the Lower High on an extended 1D Channel Down (RSI = 39.059, MACD = -3.129, Highs/Lows = -3.7207, B/BP = -6.4760) as well as the 0.5000 Fibonacci retracement level since the 49.500 bottom. After the currently oversold STOCH, STOCHRSI, Williams values on 1D are addressed, we expect this bottom...
EOS was aggressively rejected (STOCH = 18.869, STOCHRSI = 16.737, Williams = -91.350) on the Lower High of the 1W Channel Down at 6.5900 and a new 1D Channel Down is emerging (MACD = -0.325, Highs/Lows = -0.4775, B/BP = -0.5546). We expect its gradient to be low for another 1 - 2 sessions in order to normalize those oversold values while slowly testing the...
Ripple has resumed the downtrend after it was rejected on the 0.3528 Lower High of the 1W Channel Down (RSI = 36.719, Highs/Lows = -0.1054, MACD = -0.104, B/BP = -0.2405). 1D is on a stable Channel Down (MACD = -0.024, Highs/Lows = -0.0313) and on a slow pace (B/BP = -0.0509) should extend the losses on XRPUSD. Technically the next Lower Low for 1W is on the...
TP1 = 198.34 (September 15, 2017 low) hit as ETHUSD was swiftly rejected on the Lower High of the 1W Channel Down (RSI = 32.410, Highs/Lows = -154.8524). 1D is now consolidating in order to harmonize the oversold value on 4 indicators (RSI = 22.664, STOCH = 16.899, STOCHRSI = 0.781, Williams = -91.555) and also as it trades near the latest Lower Low supporting...
The Inverse Head and Shoulders scenario came to fruition as after EURUSD got rejected at 1.17310, it reversed, tested and crossed the 1.15531 Rectangle's support. After it makes a Lower High near 1.1590, the 4H Channel Down (RSI = 43.992, Highs/Lows = -0.0012) will aim at the 1.1510 1D support. If crossed then we should be looking at a first quick 1D gap fill to...
USOIL broke the 70.60 1D Resistance last week, peaking at 71.40, restoring the long term bullish bias (ADX = 37.039). 1D eventually pulled back (RSI = 47.481) after this continuous rise since August 15th and found support near 66.60. The buying pressure on those levels is evident by the upward supporting line (black). 4H is now picking up the bullish pace (STOCH =...
XAUUSD is still trading sideways on 1D within the 1,180.50 Support and 1,214.20 Resistance but at the moment on increasingly bearish bias (RSI = 44.378, MACD = -4.220, Highs/Lows = 2.6543, B/BP = -4.9020). 4H is a strong Channel Down (STOCHRSI = 0, Williams = -85.155) and by crossing 1,189.40 will make a new Lower Low near the 1,180.50 Support. We continue to be...
The 1D Channel Up (RSI @ 54.372, MACD @ 11.990, Highs/Low @ -4.3929, B/BP = -7.3080) eventually pulled back to 2,865 to form a Higher Low. As mentioned on last week's analysis we have made an additional long at 2,878 and if required we will enter a second (and last one) on 2,850, where the last support on 1D is located. This is a natural technical pull back on a...
TP = 12,100 hit as the 1D Channel Down (RSI = 31.146, MACD = -146.100, Highs/Lows = -253.3571, B/BP = -407.1202) made a 11,882.0 Lower Low. This was very close to our final 11,877 target so that short has been closed manually. We are now expecting confirmation to short further, which will be validated if the March 26th low = 11,706.5 breaks (in which case TP will...