Falling towards 50% Fibonacci support?Ethereum (ETH/USD) is falling towards the pivot and could bounce to the 1st resistance.
Pivot: 2,102.09
1st Support: 1,669.20
1st Resistance: 2,806.23
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Ethisd
✅TS ❕ MATICUSD: important level✅✅MATIC has reached an important resistance level, from which it has already started to rebound. I expect a downward movement.✅
🚀 SELL scenario: short to 0.50.🚀
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ETHUSD Potential bearish drop | 31st March 2022On the H4, with price expected to reverse off the stochastics level, we have a bias that price will drop from our entry at 3407 area in line with the horizontal swing high resistance, 100% Fibonacci projection and 161.8% Fibonacci extension to our take profit at 3194 in line with the pullback support and 23.6% Fibonacci retracement . Alternatively, price may break our entry structure and head for stop loss at 3584 in line with the horizontal pullback resistance and 127.2% Fibonacci extension and -27.2% Fibonacci expansion .
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Range trading: Crypto currency market as for 28/01/2019Here we publish signals of the indicator called “Ranger” . It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with the certain probability.
BTCUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 3456
Long position 2
(The price today will not fall below this mark with a probability of 95%) 3366
Long position 3
(The price today will not fall below this mark with a probability of 99%) 3277
Short position 1
(The price today will not rise above this mark with a probability of 68%) 3655
Short position 2
(The price today will not rise above this mark with a probability of 95%) 3745
Short position 3
(The price today will not rise above this mark with a probability of 99%) 3834
ETHUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 105.01
Long position 2
(The price today will not fall below this mark with a probability of 95%) 99.00
Long position 3
(The price today will not fall below this mark with a probability of 99%) 92.99
Short position 1
(The price today will not rise above this mark with a probability of 68%) 113.76
Short position 2
(The price today will not rise above this mark with a probability of 95%) 119.77
Short position 3
(The price today will not rise above this mark with a probability of 99%) 125.78
XRPUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 0.2956
Long position 2
(The price today will not fall below this mark with a probability of 95%) 0.2798
Long position 3
(The price today will not fall below this mark with a probability of 99%) 0.2640
Short position 1
(The price today will not rise above this mark with a probability of 68%) 0.3160
Short position 2
(The price today will not rise above this mark with a probability of 95%) 0.3318
Short position 3
(The price today will not rise above this mark with a probability of 99%) 0.3475
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. About mentioned probabilities are not 100% and do not guarantee risk-free trading.