USDJPY, D, Fibonacci Extension AnalysisUSDJPY, D, Fibonacci Extension Analysis
FIB 0,618 is very important point at 240 Chart
Trednanalysis
BTC headed sideways once more?If BTC follows any patterns (I don't think it does) then it might be headed sideways for some more time before going up. So for short term, its neutral before going long again...
Bitcoin Trend Line ResistanceI'm still now to charting so don't take my word for it.
We can see the trend line coming down from 20k which is acting as a strong resistance.
Even if we try to break above $7,900 range and bounce upwards it'll still hit the trend line and possibly come down again.
The overall view on weekly still looks bearish.
Trade with caution.
Technical Analysis: USDJPY - March 12-16, 2018USDJPY goes down to hit trendline and price seems to be bounced. If it can break through 107.5, price should go to 110 and can break throgh 114.
Support level at 105 seemd to be significant level and there should be many buyers here. So the price should be bounced at this level.
However if it can not, price will be go down and it will continue to be bearish and go under 100.
NVR INC technical anlaysisLooks like this stock is giving clear technical bullish analysis. Even though it looks little oversold, it is high on bullish trend as we can see here.
For copiers, I will be buying this stock coming week and hold for few weeks to book decent profit.
Bitcoin 5000 THIS WEEKI really like this action guys.
We are still in the big consolidation range between 3000 and 5000 but we've overcome some significant levels in the last couple of days, passing through 4000 and now 4500. I don't see any resistance until we reach those all time highs at 5000.
We could very easily hit 5000 this week.
5000, THEN WHAT??
That's the 5 million dollar question. We could crash back down again, which would be a sign of weakness. We could breakthrough, which would be great, but the move is a bit extended, having come all the way from 3000, so it could easily breakdown.
What we REALLY WANT TO SEE is a healthy consolidation or a small pullback from 5000, build of strength leading to a huge explosion through 5000.
All the coins look really healthy right now. Barring some fundamental shock news, this looks really good.
The 200 day moving average is in an uptrend.
Positive volume is greater than negative volume.
The pattern is mimicking the consolidation and breakout from July (see my previous posts).
!! PM me with any trading questions !!
MY TRADING METHOD:
I keep my analysis simple. Good analysis always is.
I use Price Patterns, Moving Averages, and RSI for my analysis.
I use the 1 day for trend analysis and 60 minute for trade entry
For my Targets I use Fibonacci projections, measured moves, support and resistance.
Successful trading means proper risk sizing and trading small so you can stay in the game.
BTCUSD/BTCUSDT/ Bitcoin Past chart similarity 1. Past chart similarity
2. Bullish Area Support 1,2,3 and Bullish Reversal Trend 4
* BTCUSD Bull Trap 1,2,3, Area Support
BITSTAMP:BTCUSD BITFINEX:BTCUSD COINBASE:BTCUSD POLONIEX:BTCUSDT
