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Priceanalysis

Long after crossing SMA100EURJPY looks quite bullish. I have one long position I opened below channel bottom, but I'm not that sure about that decision, so I will wait with building bigger position until chart will cross SMA100. So here is my game plan: I will open long above SMA100, and if I'm right I will keep position to orange dashed line I put on chart. I'm not convinced to keep position to the top of the channel - it looks too expensive for me, but if chart will behave like it is ready to go there - i will build another position above orange resistance level. What if I'm wrong - I think I will close position when chart will cross SMA50 and SMA20 and wait for other opportunity.
Long
by untechnical
DNT... breakout imminent coming days? Or double top?DNT is a fast mover today. Broke out of the horizontal resistance, and may go on to retest the recent high near 1067 satoshis. But I must war, it is still in the range to form a double top. It may need more time to consolidate as well, there is low volume, and this was a strong upmove. However, I can see it reaching this price target within coming days. It's a good swing trade setup. Stops can be placed just below the blue support line, near 660. I also want to say that support seems to extends from 880-865, not on a single line. I have also noticed a cup and handle formation, though this chart is on the 1 hr, keep in mind. But it's not the "cup and handle" that matter, it's the idea behind this formation. There was a potential (rounded) bottom formed, followed by an upmove, and now there is a lesser period of consolidation. If DNT closes above the previous high, that would signal a higher high, and a higher low. All it needs is a bit more volume and there she goes. But beware, until we breakout, this could theoretically become a double top (bearish), though I believe it is the less likely scenario Still, patience is king. Wait for the breakout with confirmation. There is a strong upmove, and if you have money to lose, try your luck. But you are an educated gambler, not a trader!
Long
by darth_bitcoin
BEPL Chart Analysis - for Short to Medium TermBEPL looking like in Consolidating and Forming the " Descending triangle " pattern on day charts. Price recently got rejected from 50% levels recently and moving side ways with lower levels. Although its making strong support at 155 - 160 levels, but looking at overall trend and nifty , price likely to break the support. This confirms the bearishness and confirmation of "Descending triangle" pattern breakout. The first demand point will be 135-140 where we can expect minor retracement. If price fails to hold above level, we can see 110-120 levels, which happens to be Major demand point and we can expect price reversals strongly. Investors are advised to Use "Buy in Parts - Buy in Dips" strategy until they see a clear hold of mentioned levels.
NSE:BEPL
by chanakyak
"btc/usd" in some hours we will see the direction!In the previous chart I said that we had some possible scenarios. What's happened? Btc raised to the big red rectangle ( a big resistance), then dropped to the green dashed line (good support). What is the next move? In the prevoius chart I said that the rsi in h4 would fall in the red circle (oversold zone). Now from this point we could see a bounce up... all the indicators in h4 show to me that the bears strenght is weaker than the previous hour and as you can see some hours ago a lot of volumes entered, the same volumes we had in 19 december. The last time rsi went oversold in h4, was 6 Feb. From this point starts a dynamic support (white dashed line). Now btc is oversold again, but the price is higher and the white line it's forming an ascendat triangle with the red rectangle (resistance). So what i expect now? In my opionion there will be a bounce and probably btc will retest 11500-12000 area but if the volume will be lower in the next hours and days and if there will be more fud, the price will drop again. How much could fall? I think btc won't go more down than 6500 usd in the next days(blue arc). Honestly I'm positive for the next hours but probably we will see another drop by the end of the month!
COINBASE:BTCUSD
by ale111
BTC PRICE target HiT The swing trade turned out pretty amazing which I mentioned in my last chart for BTC and before that as well. It hits the 61.8% fibo and gives a reversal. No we can see some upside to 10,500 Target Area to reach towards the Median line of the fork and also the trend line. For time being we can see BTCUSD on the up side but it will be a struggle for it to break that level as over all it is still in a down trend. But for now we can take short term profit and see how the market reacts once it reaches that level.
BITFINEX:BTCUSDLong
by shaxrashid
BTC USDT 3 Hour Chart Analysis After hitting a high at around $17,000 USDT on 1/6 and forming a double top pattern, $BTC has dipped to a low at around $13,300 USDT on 1/8, and has now appeared to form a double bottom at around the $14,100 USDT mark (1st Major Support). The dip can most likely be attributed to the recent removal of premium South Korean crypto prices from CoinMarketCap, and FUD created by the Chinese government, which may potentially ban Bitcoin mining in the country. If the 1st Major Support cannot hold, I expect the $BTC price to dip further to the 2nd Major Resistance at around $12,100 USDT. RSI indicates we are in oversold territory.
by cryptod972