We decided to sell a pair of eur usd after the active closing of positions to buy.
We catch a small downward correction to 1.2370, 1.2365. Analysis with X-lines & X-volume indicator.
The high probability of closing sales in the current short-term flight and further short-term price growth to the level of 1.2341.
We expect growth of the asset after a strong closing of positions for sale below 1.2240 and the subsequent injection of purchases. It is worth noting that at the moment there is no clear accumulation of sales, which is the reason for our rate up. But the trend is not stable. First TP: 1.2297.
Important market prices based on the X-Lines indicator. Showing important prices for a 15-minute chart. You can freely and free to use the indicator by clicking on the link below and adding it to your favorites.
Important levels for a 4-hour chart are built automatically using the X-Lines indicator. You can add the indicator to your favorites by clicking on the link below.
This is a simple chart that shows where we are, what our major resistance and support levels are, and what could or could not happen next. I'm rooting for the bulls, but in case they don't get their act together... well you can see where we're headed and where our temporary stops should be.
Dear trading friends, OMG/BTC in its current state is bearish , thats a fact. First, MACD just crossed signal line going down, which is a sell signal. It broke the mid-term support line that formed since the begining of february and has been dropping since then. EMA20 is starting to fall towards EMA50, but at the present time it is too soon to use it as a bear...
Bitcoin Sunday Update Key Lines and Levels Today Overnight Bitcoin has made a minor double top at 11530-11500 with a rejection spike into the secondary high showing loss of upside momentum and the first sign that this rally is showing of running out of steam here. In the process it has lost the support of the lower big rising parallel and is now making a...
The X-lines indicator automatically builds and marks important technical levels. Just try, there is no longer any reason to use Fibonacci levels and similar indicators (except for single cases). The indicator is available in the public library. Also you can find it in my list of scripts and add to your favorites. At the bottom of the article there is also a...
Bearish flag pattern of past week scares everybody who hodl that coin. We think it could be even worse, theres a big possibility Ripple can break to 80cents and then slowly recover after few hours/days. In our It'll be very fast race, as you can see at the chart, breakdown could happen tomorrow, but no one knows, XRP market is very unstable and forecasting it is...
Ever since the bullish hammer spinning top 1 2 punch combo we've been on a nice up trend. yesterdays day candle finished strong right under the white 38.20% fibline ($10400) which was the previous 4 hour candle's line of resistance but has become the current 4 hr candle's support line. Yo can also see how the current 4hr candle dropped a wick down that bounced...
Bitcoin Thursday Update The devil fools with the best laid plans. By 22:39 we were looking for a rally to kick in from the lows at 10200 with 3 near term upside tagets in mind, at 10684 and then 10857 and 11180. Then, because Bitcoin never sleeps but unfortunately we do, set a stop on the long under 10400 for overnight - and it was taken out about half an...
Bulls caught their second wind and busted through a triple reinforced resistance line of the yellow fib line, and the convergence of the 200EMA and 200SMAs(on the four hour chart). They finally got the strength to close the day chart candle above that barrier which is a win for the bulls, Even though the candle on the day chart was indeed able to close above that...
Here I have mapped out two trend lines that are significant in my mind. One is a long term steady incline that started on March 3rd 2017. The next was part of the market explosion in November. The question is which will it settle into? Let me know what you think.
Interesting times ahead. Everyone ready for action?
-- Instant automatic marking of levels on any trading instrument. Specify the strength of the levels that you want to get and the indicator automatically draws them! -- Just by putting horizontal lines on x-lines we get truly trade levels!! The more levels we mention, the more accurate the trade picture will be. -- The adjustment of the indicator is...