Sideways
ETHUSD Rangebound 4H
Right know in a good rangebound
between the weekly support and the daily resistance
Bitcoin on the way to 7000 ?Hi Traders,
my last Bitcoin Update called „Bitcoin will hit 8.100$ in 48 hours“ was on point. The low was made at 7960.
You can see the sideways formation before the decline was set in motion.
Look at the same formation now, chartanalysis is always about predicting the future from historic pattern because history always repeats but never in the same way.
Okay, let´s get clear on this, a hourly close below 8.100$ will set a) 7370 and b) 7000 on the list.
These are fibonacci extensions and are minimum targets, if price will extend it will hit 6420 and possibly even 6000$ soon!
Stay aware of a further decline!
**This analysis is not a investment recommendation. Do your research on your own!**
BtcUsd Bearish- Neutral
If we look just at the chart from a technical anaysis aspect, then we see, btc moves sideways, but It shows strength down.
now we are at the supportline 10850.
It was everytime the same, BTC somehow has to touch the red marked area and will find a big support there.
what you see and thing about, please feel free and comment right below.
XRPUSD Possible long4HR 1HR
Right now i can see that xrp is in a side trend (Rangebound)
and bouncing between 1.70$ and 1.50$
If we broke the ascending triangle formation up ways we can go out that its gonna push up
to 1.62 4HR support.
Breaking down ways we will possible see a retracement at 1.48$ and back to 1.60$
For extra conformation i prefer to wait after the broke of the triangle and retest.
BCHUSDI'm seeing yet another horizontal channel here in the intermediate term but you can clearly see high lowers on an up trending RSI. In addition we have a bullish ascending triangle with intersecting resistance lines and two failed attempts at breaking that resistance line. If we can break here my immediate target is a retest of 2950. Ive been trading in and out of BCH as the largest portion of my portfolio at this point in time. Current entry is ~2300 with the goal of selling either a 30% or 50% tranche of the position in the 2900 range. I'm expecting this retest to occur over the next 72 hours. I should be able to tell where I will want to re-enter the position depending on how it reacts at the 2950 resistance mark.
How to benefit from AAPL trading sideways & make an easy 15% ROIThis idea zooms in on how AAPL is trading sideways and how you can still benefit from it. One can make 5% per trade if only going long (one can also go short of course). Three legs up equals 3 x 5% or 15% easy money.
A straightforward way is to look at the CCI (Commodity Channel Index) in combination with the MACD. Important is to have a close look to the candles as well, as they signal what will happen next , especially at the bottoms and tops where you can buy/sell respectively. More on candle predictions in other posts!
What does this graph tell us? It tells us, that short term, AAPL price will dip slightly, one can take advantage of this . What will happen after that, see my other post on AAPL.
Best regards & hope you find some information in this post!
Important PS: if you have a look at the AAPL graph zooming out as of 2008 , then you have a very long term trend channel. You can see that AAPL has broken this level (I can't find a way to go back for more than just a couple of months, instead of choosing the yearly time frame, otherwise I would visualise it). We see that AAPL breaks that trend channel. However, you see it struggling with keeping above that long term resistance. This is quite the red flag to take into account in any of your further analysis when thinking about whether AAPL is a buy or not!!
POE ready for wave 5?Estimation of potential Elliott 5-wave + ABC correction. 5-point move up followed by 3-point move down. "A" should line up with "3" and "C" should line up with "5"
Alternate move:
Elliott wave does not complete, sideways consolidation action occurs instead, great swingtrading potential within the 43% sideways channel
Potential Long Set UpCC2! is in a sideways volatile market. It has made a vacuum to test the lows followed a failed retest on a final push below. Price has formed a strong hammer candle and also an inside bar. A potential long trade to the 2118 area could be in store.
Wait for the Test of Zone 1 or possible retrace further down!Many Doji sticks and Sideway Trend,
i would wait what time will show us.
Maybe Retest of Zone 1 for breakthrough or
Backhit to next Zone/ Fib Level.
Standing calm for now.
Ripple (XRP)Ripple can be like watching paint dry but when it moves, it really moves! If history repeats, I would expect sideways movement instead of strong retracement.
Strong media attention; Rumors of Coinbase listing.
XVG in a channelKeep your charts simple and trade smart. XVG broke out of a downtrend and now is range bound/trading sideways. Follow a game plan and trade wisely. Set your alerts for opportunities.
Possible BTC/USD breakout in the next daysThe BTC/USD pair is on a sideways market between the Short-term resistance and the Short-term double support .
In the next hours or days the price may touch the nearest double support level at 13,100. The two scenarios are:
A break out down this level: This may indicate further tumbles in the pair, possibly reaching the Long-term support.
A bounce: The price may bounce and reach the nearest Short-term resistance level at 16,200 or even the next level at 19,700.
Hoping for a price bounce!
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"If past history was all that is needed to play the game of money, the richest people would be librarians." -Warren Buffett
IOTA Pressure building...?!Looks like IOTA will stay above the $5.00 price range or it may "possibly," dip back to $4.50...either way it is primed and ready to rise!!! I have a sneaking suspicion that many "CRYPTOS," WILL see a very MERRY CHRISTMAS; i.e, Nice Rise in Price?!
Gotta wait and see...; )
Sideways TrendA lateral displacement is observed in the graph, with peaks that touch each line of resistance and support four times, generating a clear maintained trend of prices, the graph breaks the line of resistance and continues with the upward trend that it was coming before the lateral movement
EURUSD 1 hour chart analysis by @reembegilAfter the US jobless claim news was negative (forecast=231 vs 239K) the EURUSD quote made a rebound at the .618 fibonacci retracement to keep going in a sideways trend between 1.16643-1.1694 (resistance zone) and 1.15739-1.15660 (support zone). As this week haven't seen too much volatility at the FX market my recommendation is to wait until the quote touch the resistance or support zones to define an entry.
Después de que las noticias de reclamo de desempleo en EE. UU. Fueron negativas (pronóstico = 231 vs 239 K) la cotización EURUSD hizo un rebote en el retroceso de .618 de Fibonacci para continuar en una tendencia lateral entre 1.16643-1.1694 (zona de resistencia) y 1.15739-1.15660 (zona de soporte) . Como esta semana no se ha visto demasiada volatilidad en el mercado de divisas, mi recomendación es esperar hasta que la cotización toque las zonas de resistencia o soporte para definir una entrada.
ETH/USD 4HHi Guys
We think, ETHUSD is sideways already for a long time.For now its looks to be uptrend .
our structure :
1- First proof there was break out last period and simple retest after retest its moving sideways
2- ETHUSD is trying to get back to the level of the 200 EMA So we think will meet again
3- Buy now 295$ and our targets 310$,320$,340$,350$, 360$ and main target 400$ .
4-Stop loss 260 $
Good Luck !
USD/JPY_Daily Chart Update 2017.10.08
For the last 5 months, price is moving sideways within 108.00 - 114.50 level.
Last month, price breaks down 108.00 level and previous low a bit, before bouncing back up higher with the confirmation of Bullish Price Divergence.
If projected with the recent 2 lows, price may form a Falling Price Channel with the current price is hold around its resistance confluenced with Fibo Ret 78.6%.
If price breaks down the nearest Up Trendline, the market bias may initiate the down movement.
So far, the market bias is still Up to Neutral.
Ethereum Update: Still Looking For A TriangleEthereum is still sideways in a triangle corrective pattern as we mentioned in earlier updates. It's pointing up into wave D now with double zig-zag, similar as correction into wave C. Keep in mind that upside can be temporary limited arround 78,6% Fibonacci retracement and 350 level. So be aware of another decline into wave E after reached wave D!
ew-forecast.com <- Visit for more Cryptocurrencies FREE Analysis!!
EURJPYThey EURJPY reaching interesting levels as this bull run continuous, I believe that we will see a sideways move between the channels of 134 and 132 which comes in very nicely at a 61.8 retracement right on a previous structure level. I love seeing symmetry trades such as these because once it takes direction there will be more predictable moves. Hoping to see a move above 134 for a quick trade up to 136 level. Otherwise prices might move sideways for a while.
EURGBP ShortWith all the not-so-good news about GBP (like the disappointing UK Construction PMI data) already priced in and highly probably rate hike by BOE on Q4 this year, GBP remains bullish. EUR on the other hand may seem bullish in the long-term, but most likely will go sideways or bearish in the short-term because of political risks in Catalona, Spain and weakened support for Germany's Merkel.
USD seems to be recovering now too, so more bearish sentiment on EUR in general (also shorting other USD pairs on daily trades but since NFP news is coming this week, shorting EURGBP seems to be a more stable idea here for swing trading). Looking at the weekly chart, it seems highly likely that this pair will undergo either a correction or go sideways. Setting up a sell stop order with TP at S2 pivot line (daily chart), and SL near prior period's S2 (daily chart).
www.fxstreet.com
www.express.co.uk
www.bloomberg.com
Daily:
Weekly:
Confidence: B (because of recent news for both pairs and political risks, but they seem to be all priced in already)
GBPUSD - Levels to WatchGBPUSD > 9/24-29/17 Trade Analysis
Timeframe: 1W
Sideways trending in play with S&R levels between 1.3450 and 1.3587
A firm break above 1.3590 signals good probability of beginning of Uptrend towards 1.3910
A firm break below 1.3445 signals good probability of beginning of Downtrend towards 1.3140
* Personal analysis only. Please use your own rules and strategies prior to entering market.
** Forex trading involves HIGH RISK.
Before entering a trade, carefully consider your objectives, financial resources and level of experience.
