Vcash continues to slide down since it reached the high on the 15th of January. It has already lost 55% to the Bitcoin, but where is the bottom? The Fibonacci applied to the corrective wave after the uptrend trendline breakout shows that 161.8% levels was broken and has been acting as a resistance, that was rejected twice. As the trend remains bearish, the...
i see 2 level of resistence, level 1 was break, and on resist level 2 won't break out, downtrend still going
*** Don't take my word for it, I'm just a rookie who studies a hella lot*** First post so a little bio: I've been following crypto for about 10 months now with only a small investment while I studied and learned more about the markets. I have dedicated several hours every day to learning various crypto projects, future outlooks, and of course, analysis....
BTCUSD is still in bear trend on 4H. It looks like a retest of balance. Next good support - POC (Point of Control) of November 2017 - level 7200.
DXY Dollar Index The Dollar Index has fallen to the next blue line of support 91.76 after an intra-day low at 91.75. It's trying to hold here. It's still trapped in a near term downwave and struggling to escape. It's already made one attempt to escape the down-trend and is trying again now. There are pins forming below the low and above it too on the 2 hour...
broke shortterm downtrend. bullrun if we break long term downtrend :)
Wow I'm actually pretty surprised BTC is going through a major dip right now. Last part of chart show a diverging down wedge where prices may go as low as $12k within the next 5-6 hours. However, the bulls might fight back and buy in pushing the price back up passed $15k. Only time will tell...happy hunting my friends! Please follow if this was helpful <;
we miss this chance after breakout the triangle, i think it will go more down after breakout the 50% fibo .
EURUSD try to short under this level good chance for a 2:1 risk reward
PTC seems breaking down from Long term upward channel. Moneyflow also broken down to the negative side. We think it can decline as low as $44 area. We would also consider $52.50 July-17 Puts, last traded for $2.30 * Trade Criteria * Date First Found- May , 2017 Pattern/Why- Upward channel breakdown short. Entry Target Criteria- Break of $51.43 or Rally to...
CHD seems breaking down from an upward channel. It crossed down the lower channel line & seems it will go down further. We are looking for a quick short opportunity here. * Trade Criteria * Date First Found- May 1st, 2017 Pattern/Why- Upward channel breakdown Entry Target Criteria- Break of $49.32 Exit Target Criteria- $48.25 Stop Loss Criteria- N/A...
SPY broke down from an upward channel & seems approaching to channel support from beneath. We think it will be a very good shorting opportunity if it holds below the channel & reverse from there. And to trade that we would consider $235 Puts $235 Put option * Trade Criteria * Date first found- April 11, 2017 Pattern/Why- Upward channel breakdown Entry...