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aud usd analysis before the news Good morning everyone I will be going through at least ten pairs today giving you my thoughts and analysis and why I feel the way I do on each analysis. Today looked at Aud usd from a friend of mine who pointed this one out. I can see this market going back into where the buyers were first dominant plus I like to buy stuff cheaper than retail price: so my if then statement is such: if this market continues downward and pushes to the level I suggested where buyers are dominant and if the market reverses in that area showing me through price action, candles and other tools then I will be buying into this market , which I will post for everyone here. We do have news which can be a factor and can exaggerate the market so if positive this market may perhaps sky rocket to tp or if negative push a touch further down to that double bottom area on the left. Overall once this market hits my alarm for the area if it goes into then we will check back on it and see from their your friend Kris www.mymentortv.com
Long
by mymentortv
Dash: Gearing Up for Another Burst? In my experience, DASH serves as a leading indicator of altcoin markets generally. The reason for this, I believe, is that DASH has cultivated a solid community of interested participants, and the DASH team provides educational content. Dash is popular for being easy for the end-user both to understand and to use, and this is a challenge that many coins have not yet risen to meet. This is my theory for why Dash serves as a leading indicator of the larger altcoin market. A strongly supportive and relatively well-informed following will anticipate general and substantial market moves in a more timely manner than those without access to technologically and economically substantive, uniform content. Keep in mind that this only a theory, but if you bought some DASH a while back and held it, you're making that exponential money. This chart features lots of subjective Elliott Wave projections that are necessarily speculative and designed to show you different possibilities of wave formations and trajectories based on prior history. Note the pattern of higher highs, higher lows, and then lower lows. Hmmm... If that pattern is salient and reliable, might we expect the formation of higher highs after a significant lower low? Look at where the market is right now. Happy Hunting Everyone.
Long
by Piptocurrency
1
STEEM touching the trend line - Reversal? There might be a chance to enter a long trade here but first let's examine the 4H chart a little bit. We can see an unperfect possibility of the Head And Shoulders formation which is coming to an end near the trend line. This is in correlation with the Fibbonacci level . Inside the right 'shoulder' we can see an inperfect descending wedge. Bulls and Bears are in war here and there is no clear evidence about the next move of the market (sounds funny:) We should consider a few things here : 1) We are touching a trend line - possible strong reversal. For that we need bounc of RSI from the oversold area supported by volume. I suggest validation of the changed trend by setting a pending order above 0.00042. We want to see nice strong green candles in the new direction. Otherwise it can be only a local swing and down. 2) Head And Shoulders is a bearish sign and quite reliable. Here an imperfect version. 3) STEEM community is growing very fast. The platform itself is an awesome social media on a blockchain where authors are payed by upvoting. One actualy working aplication among many un-human IT projects. Core members and active users of the product 'never' sell. We will keep an eye on that. Stay posted. Good luck and peace!
Long
by AwesomeTrade
2