Classic scenario: brokedown of Support zone, impulse - correction - impulse; waiting for continuation of down movement. 5000-4800 - next target zone.
Classic of TA by mr.ETHEREUM... Without many words..
Pair brokethrough the channel resistance but it looks like false breakout, because there is divergence between volume and price. So, be careful if you in Long position. You need monitoring this pair if you want continue to Short!
Ripple looks good..But be careful! XRP moving against the market and there are not a great volume. So, If you whant trade this pair, do not forget about SL!
Brief review: brokeout flat-range + MA100 with good volume. Next trgt 4600-5000$ zone.
Pair continues down-ward movement in channel. The last candle opened with Gap! while Support zone was broke. Its a bearish signal. Waiting for continuation of dawn-trend to 1.11 zone.
ZEC/USD; 1H; Short-term deal
Formed clear up-trend. Now Ripple brokeout traingle continuation pattern. Use 1.272 Fibo extension lvl.+ lenght of traingle pattern as target. Do not forget about SL!
SALT formed local rising trend where every impulse accompanied by volume increasing. Price rebounced many times from MA and Trend-lines. Now is in Support zone near 100MA and TL2. Waiting for next rising impulse. Target - 1.272 Fibo lvl extension. Don't forget about risk management!
Pair rebounced from strong local support zone and brokeout r-resistance-local trend line. But there is couple of resistance zones ahead. So, local signal - good; overview is still bearish.
The simple rule of strong investors: buy the deep - sell the high. ICX - good project, now is in the deep - good entry point for middle/long term position
POA is in up-trend, brokeout of continuation wedge-pattern from Support zone. Good opportunity for Long position. Target - wedge length + 1.272 Fibo extension level. Dont forget about Risk-management!
BTC come back in descending channel and formed local continuation pattern which brokeout. Classic local trgt - 6100
Situation on EUR/USD looks bearish. Price formed weak formation(like H&S pattrn), from middle of April moving in down-trend, now is below MA 100,200; there is breakout of consolidating pattern. Index of dollar (DXY) looks like will continue rising. Now is near support lvl., if will breakout it will be confirmation of berish scenario.
Great bullish pattern on Walton, local rising trend, there are volumes, brokeout of Resistance zone wich became Supportt zone.
From March 2018 to May 2018 there is big volume on LINK that looks like accumulating position by big players, then was breakdown and now formed local rising trend which realising with big volume impulses. Price brokeout R1 resistance then brokeout R2 but corrected. For confirmation of continuation LINK need next impulse and hold above r-local resistance. If we...
Local rising trend, price rebounced from MA 100,200 many times. Now formed traingle pattern which was broken but come back. There is volumes, need consolidating near this lvls or next breakthrough for confirmation. Risk/Reward = 2,41 Do not forgrt about SL!
This chart is addition for previous EUR/USD chart as confirmation to bearish scenario. DXY formed expanding formation from 2015. On January 2018 we saw "false brokeout" then price came back which is bullish signal. Waiting for continuation of rising movement and falling EURUSD.