I'm surprised of how speculation around Bitcoin can go against any technical analysis that suggest a price retracement (In fact, my last Bitcoin analysis suggested this). At the moment BTCUSD seems to be unstoppoble, and now, it seems to have entered to a new tendency line. RSI reports an overbought signal, nonetheless, volume keeps growing really fast. My...
XAUUSD price has been decreasing in the last weeks, however, it is preparing for its next big move towards 1400. If you want to buy XAUUSD, you should wait for RSI indicador signal to be near or below 30. - My Orders - BuyStop: 1310 - Buy above 1300 psychological price. - Take Profit - TakeProfit: 1390 - Close your order below 1400 psychological price. If you...
This is a perfect time for short ETHUSD. Apparently, price will be down for a while, moving towards support trend line. Wait for RSI indicator to confirm price movement. Addionatly, volume confirms an ETHUSD weak market (as you can see, while price is moving in a bullish trend, volume is moving in a bearish trend)! SellNear: 460 - My Take Profit - TakeProfit:...
Talking about BTCUSD correction is hard, since there's a lot of speculation and euphoria, however, is Bitcoin moving to second support trend line? or conversely, Will BTCUSD maintain in agressive traders trend line? What do you think?
Waiting for BTCUSD batpattern confirmation. Price might break it's current support trend line (aggressive traders) in a couple of days, and move to second support trend line (moderate traders). Additionally, bollingerbands indicator reveals a M formation, which support previous analysis. BuyNear: 8350 (support trend line ) Take Profit Levels depending of your...
Waiting for USDJPY triangle breakout. Triangle pattern is accompanied by a volume decrement. Currency pair - USD.JPY Chart timeframe - 1hr - My Pending Orders - BUYSTOP: 112.431 SELLSTOP: 112.262 TAKEPROFIT BUYSTOP: 112.574 TAKEPROFIT SELLSTOP: 112.121 If you find this analysis helpful, don´t forget to like and comment! :)
Gold price just broke second support line and now is moving to third support line. OnBalanceVolume indicator is flat now, which represents a signal of market"s weakness. If you find this analysis helpful, don´t forget to like and comment! :)
GBPUSD Waiting for breakout at 1.34700. If you find this analysis helpful, don´t forget to like and comment! :)
Waiting for GBPUSD next move. Will it break MA 200 resistance line, what do you think? Watch OBV indicator. Currency pair - GBP.USD Chart timeframe - 1hr Area of interest - 1.32314 (MA 200) LONG target - 1.34095 SHORT target - 1.30295 If you find this analysis helpful, don´t forget to like and comment! :)
USDJPY reveals a wedge pattern, waiting for breakout at 112.000 As you can see, wedge pattern is accompanied by a volume decrement.