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Rounded

Monero buy opportunity!BITFINEX:XMRUSD Cup and handle or rounded-bottom? This is the question. It fits the rounded bottom pattern because the middle is exactly 40.5 days on one side and 81 in total. The only issue is that RSI and MACD are already quite overextended with RSI oversold and MACD way over extended. For cup and handle we need to wait for handle to form. Could this still go up, sure it can probably will take couple of days. If it breaks up the buying point would be $150 with target $207. Something to watch out.
BITFINEX:XMRUSDShort
by pgarret
4
OMNIBTC chart packed with all sorts of patterns and formations There are many interesting formations on this chart. First of all is double bottom where pair reached 0.00100000 in March this year and October 2015. It is clearly visible on weekly chart. We have upside down head and shoulders formation created from doji candles (it’s look better on hourly chart) . Rounded bottom (marked with blue curved line) . Pair is trading above 200 Ema which is bullish sign. This pair also established support level around 0.0020000 which is marked with bold black line. I marked with black parallel lines most of the GAP above the 0.0020000 area so you can see how market is reacting to them (GAP’s are treated as the solid support to push higher which is suggesting strong bullish potential) . This pair with all the mentioned formation looks very bullish to me and I’m pretty sure that this pair will reach 0.0150000 or maybe 0.020000 in future.
OLong
by Krystiannwk
2
GOLD, HAVE WE SEEN THE BOTTOM ?After months expecting the bottom of at least around $1000, did the bottom came and gone without much of a BANG??? Gold has spotted the most perfect rounding bottom pattern, a long term reversal pattern. In addition it had broken a triangle pattern where it had been moving around since mid 2013 as well as 50 weeks MA (200 days MA on daily chart). Yes, that had happened several times on the top of the spikes during the move inside the triangle including last October. And it still has to break the red trend line. So we might still see a visit to the land below $1000. There is a trend-line from 2003 - 2005 around $925. If that is broken, we might go way lower. If this indeed a reversal - after a little pull back (I expect price will go down to 1125 - 1150-ish), expect a move up to 1254. The next target will be 1300-ish where the 200 day MA should be. Afterwards it should go to 1530-ish where the support of the top moves is located. See detail of target-prices in the daily chart NOTES: The blue box at the background is a Gann Box. I always amazed on how accurate Gann Boxes. Salut to Mr. Gann - GANN ROCKS !!!! This chart is created with HPTZ methods from Triggers.ca (my appreciation to Andrew Long who teach me how to do this)
FX:XAUUSDLong
by VivaciousVV
8