Signaltrade
SLSBTC Bullish hidden divergenceThe analysis has started with Bollinger Bands indicator, it was found that before each huge growth of this coin there is a contraction in BB channel, and now a similar contraction is forming. Moreover the price touched Fib 0.618 support level and started to bounce from it. Stoch RSI strengthen this idea. The strongest argument the coin is in bullish mood is that there are higher low at the price chart and at the same time lower low at oscillators chart which means there is a bullish hidden divergence. Our team recommends this coin in the mid term.
GBPUSD PullbackWe know that price has gained some support however when drawing the fib levels and looking at the chart holistically it seems to be simply in a pullback and we could see a further decline possibly to 1.22522 and then 1.21496.
We are looking to enter this trade after there has been confirmation price has been rejected at any one of these Fibonacci levels, hopefully, the 50 level to give it maximum spring to the downside
Curvy and beautiful - GBPUSD The FutureLooking forwards to NFP day, but even more to Thursday where we will see some monster U.K based eco madness. Got to love the emotional build up to these days along with the volume levels!
Red marks my stop. Orange my entry. Green my limit level.
My analysis shows two curves, one historical, one projected.
Using several basic analysis techniques the chart also has a large compounding wedge dominating the predictive outcome.
#Ishouldbuyaboat