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Litecoin :- No Trade Zone LiteCoin (LTC) :- Trading within a zone of support and facing resistance everytime it hits the upper downtrend line of the parallel channel. The Downtrend Channel Breakout would signal a move to the previous highs and would confirm a Bull Trend for LTC. A breakdown from the zone of support would mean that we initiate our short positions as we would then be heading down to the weekly support regions of 141 Stay tuned for further chart analysis and trade updates.
by Akshath1994
UPDATE ON USD/CAD!So prices are still approaching the 1.32000 Region as expected HOWEVER. I am also expecting a change in trend near this region, towards the downside target of 1.27000/1.24000 . Having said this, prices could violate our resistance region at 1.32000 and penetrate through to achieve highs of 1.34000 however I don't believe that this is probable. I see it more as a potentiality rather than a probability. Let's wait and see, I'll hopefully update you guys with a nice juicy short by next week on this trade.
by Graignm09
ETH prepare for cheap prices -> november uptrend line just brokeThe line in my chart is the up-trendline i draw in November which has been tested a few times but never broken since then. I am watching this line since then. If the market can not recover and will start to close candles on the 4H chart under this line then Ethereum is realy in trouble and you should be ready to buy on the bottom after signs of life. I estimate a drop that will go at least to the mid 600: If you are more inclined to risk you can start to accumulate starting with 660$ gradually as it goes down. If you are more conservative wait for a reversal signal first and buy after confirmation. I am not shorting this market so for me this is a long signal
BITFINEX:ETHUSDLong
by RaulPuiu
GBP/CHF LONGLONG ON GBP/CHF! So I'm currently expecting a bullish breakout on this descending trend line, up to highs of 1.31500/1.32500. Some turbulence is expected, as this might be a very rough ride, prices could ultimately kiss the trend line and breakout or could breakout to come back into normal range which is of course very frustrating. However, If you just have some patience on this pair, we could make over 185 pips!. Be careful! I will give updates on this, so don't panic! TP: 1.31500/1.32500 .
Long
by Graignm09
Here is something to take a look. BTCUSD Bitfinex analysis. So, i've added: Purple horizontal lines each $500 Yellow vertical lines - 9:00 am (UTC -8) NYC Blue vertical lines - 9:00 am (UTC +5) HK Fibonacci retracement build by $12k and $9k Blue fib speed resistance fan from beginning of current growth trend and height of current trend Red fib speed resistance fan from beginning of current growth trend and first height of current downtrend What is idea, to take a look on BTC dependence of different time zones and to find accurate fibonacci. This is just a beginning, so just copy it and leave something comments below if will find something interesting. I'am going to share all thoughts, so stay tune! 2 words about current situation, so, i've added a 9583,7 level below which the price should not fall, but we have to keep on mind 8300-8000 level, I hope that I'm mistaken, but anyway. GL.
BITFINEX:BTCUSD
by pmktyn
Dow Jones Industrials DJI Back on the buy listDow Jones Industrial Average DJI Back to buying the dips Yesterday the Dow completed a 10% drop from the high (10% off the top is 23956, the low was 23923.8, just 0.5 of one point from the support line at 23924. An 11% drop would be 23690 - there is another fixed support line at 23613, just 77 points lower. This line line should be the limit of any further downside should 23924 line give way today at any point. From there it should rally back to 24345 -24400 range where it should begin to retreat again..how it reacts here is key...if it can hold up off 24300 and then go on to break above 24400 again it becomes a buy with stops below 24345. Otherwise we ait for lower levels. But so far this is a sharp fast standard 10% decline ina bull market. Done and dusted so long as 23611 holds out this week. Back to buyng dips for now.
DJ:DJILong
by sumastardon