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ETH possible correction ETHUSD is going inside downtrend channel and after fail prompt of breaking the down border line of the channel, we consider the possible correction upward wave. The main resistance zone is around 157$, in case of breaking it through ETH can reach 0.618 Fibo around 173. This level is also strengthened by 50 daily MA. After all, RSI is oversold and MACD shows the correction likelihood (Daily). DMI is still strong sell so this move of the price we review exclusively as the correction.
BITSTAMP:ETHUSD
by CRPTSCAN
AMZN stock price forecast timing analysisStock investing strategies Read more: www.pretiming.com Investing position about Supply-Demand(S&D) strength: In Rising section of high profit & low risk S&D strength Trend Analysis: About to begin an upward trend as a adjustment trend gradually gives way to increasing limited falls and strong rises. Today's S&D strength Flow: Supply-Demand(S&D) strength flow appropriate to the current trend. D+1 Candlestick Color forecast: GREEN Candlestick %D+1 Range forecast: 2.2% (HIGH) ~ 0.3% (LOW), 1.8% (CLOSE) %AVG in case of rising: 1.6% (HIGH) ~ -0.4%(LOW), 1.2% (CLOSE) %AVG in case of falling: 0.6% (HIGH) ~ -1.5%(LOW), -0.7%(CLOSE) Stock Price Forecast Timing Criteria: Stock price forecast timing is analyzed based on pretiming algorithm of Supply-Demand(S&D) strength.
NASDAQ:AMZNShort
by pretiming
LTC / USD Test Support at $50 then on to $60 LTC / USD as I predicted in my last analysis has started to make a small correction on the 1 day chart. We are seeing a drop to $53 and our closest support will be the $50 range, where the bottom of the upward channel is in blue. As I depict with the arrows, the directionality could still be upward in the following days and week. But for now there is a good chance we see $50. Where before this was a huge resistance now it has become a support. The top of the channel is in the $65 range. If we see a large bull movement at the support we could see a push to $65 but that means we would have to break a huge resistance at $60 so it is best to sit back and watch. The next thing to watch out for in this case is that $60 is held by the bulls then we can start looking upward more. However, in the recent analysis I posted I also stated that without the support of the larger coins or in general the rest of the market it is unlikely LTC will progress alone. If we see the support of the other major cryptos then there is a good chance the bulls can regain control. I would not hold my breath on that happening though. I am very much a beginner and just want to make observations and learn from them! My simple analysis is for fun and learning, please do not make trading decisions based on my observations - like I said I am just a beginner. Thanks so much for reading my analysis, please follow me and like my post! - Max K.
KRAKEN:LTCUSD
by MaxKoke