XRP is oversold in the weekly chart. Tom Demark counted red 9 on the weekly and kept counting 5 more red candles. At the moment the price stands on very important support (6108). In the week of October 8, 2018, we have hit the 6108 support and then price increased to 10850. I don't think 6108 will be broken in these oversold conditions. I think we will have a...
Cup and handle formation is formed on the monthly XAUUSD chart. Monthly MA20 (1277) is a good support area and bears failed to break that. I expect a long term bull run in the coming months. My end of year target is: 1430
Although the BTC is overbought on weekly and daily charts, we have an ascending triangle formation. Ascending triangle formations usually result in an upward explosion. In 4 hours, the stock RSI is headed up and Tom Demark count gave a green 4. I think the price will be moving up one last time before the correction comes. I think 5350 will be tested again. If that...
There is a Bollinger Bands squeeze on the daily chart. Bollinger Bands squeezes always end with a big move. I expect the move to be upside as squeeze momentum bars are clearly green and we are based above daily MA20 (3911). As long as we stay above 3911 it will explode upside. If we get a daily close below 3911 then the probability of a downside explosion will be...
XLM gave a green 1 according to Tom Demark count on the weekly chart. Stoch RSI is oversold on the weekly chart and MA7 level is broken. On the daily chart we have closed yesterday with a green 2 which is a clear buy signal. I expect a bullish breakout. First big resistance will be at weekly MA100 level which passes at: 2521. If it can break that level I expect...
HOTBTC is extremely oversold at 1D chart. Stoch RSI is at the absolute bottom. Tom Demark count gave a red 7 which confirms that bears will be exhausted soon. Price is currently at daily MA50 (29) This is a major support point and seems like it will hold. It tried to break it today but market gave immediate response. I expect price to increase in upcoming days....
KMDBTC gave a green 2 on the daily chart and broke the daily MA20. This a clear buy signal according to Tom Demark Count. Stoch RSI is oversold on the daily. Also there is a bull flag formation on the 1H chart. Here is my trading idea: Long at: 1865-1875 TP1: 1918 TP2: 1970 Stop loss: 1740 ***This information is not a recommendation to buy or sell. It is to...
USDTRY has a falling wedge formation on the weekly chart. If this week closes above 5.31 falling wedge breakout will be confirmed. Stoch RSI is extremely oversold on the weekly chart. Tom Demark count gave a red 9 and counted extra 3 bars. In upcoming weeks I expect a bullish rally to start. Here is my long term trading idea: Long at: 5.26 - 5.31 Take profit...
USDTRY counted red 9 according to Tom Demark count. After red 9 we expect a trend reversal. Weekly Stoch RSI is at historically low levels. Bollinger Bands are very narrow at the daily chart. I expect a bullish breakout within this month. Major resistance areas are: 5.33 (daily MA20), 5.43 (fib 0.5) and 5.72 (weekly MA20). Major support is at: 5.05 (fib...
Pivx gave a green 2 on the daily chart which is a clear buy signal according to Tom Demark count. It also broke daily MA20 which is a also a very bullish signal. Stoch RSI is oversold and has a lot of room to go up. I expect the price continue to increase. Here is my trading idea: Buy: 2150 - 2185 Sell targets: 2234 - 2290 - 2328 - 2480 Stop loss: 1975
AST looks very bullish on the 4H chart. Price is over MA20 and Tom Demark count gave a green 2. Daily chart is also bullish with price over MA20. Stoch RSI is oversold and there is a huge potential for price increase. Here is my trading idea: Buy: 1480 - 1550 Sell targets: 1600 - 1690 - 1830 - 2040 - 2100 Stop loss: 1390
OmiseGO closed a green 2 candle on the daily chart which is a clear buy signal according to Tom Demark count. Stoch RSI has room to go up. I expect the price to move upwards up to 7 days. Here is my trading idea: Buy: 521 - 530 Sell targets: 536 - 550 - 567 - 607 - 666 Stop loss: 498
PIVX gave a green 2 according to Tom Demark count on the daily chart. This is a clear buy signal. Stoch RSI has space to go up. Weekly chart also looks bullish. I expect the price to rise. Here is my trading idea: Long: 1720 Take profit: 2000 Stop loss: 1600
There is a bollinger bands squeeze on the daily chart. According to John Bollinger, periods of low volatility are often followed by periods of high volatility. Therefore, a volatility contraction or narrowing of the bands can foreshadow a significant advance or decline. I think it will advance because price is over MA20 and squeeze momentum bars are green. Please...
Tom Demark count gave a green 2 on the weekly chart. If we close this week with a green 2 this will mean long term bull run has started. We have broken MA20 on the weekly chart which is also a long term bullish sign. Stoch RSI is oversold on the weekly and we have plenty space to go up. Here is my trading idea: Long at: 8176 Take profit: 8590 Stop Loss: 7990
Cup and Handle Formation Is Formed on TRXBTC. I expect a long term bull trend. Also keep in mind that Tron will activate Mainnet on 31st of May which will affect the price positively. Here is my trading idea: Long at: 932 Take profit: 1240 Stop loss: 800
Tom Demark count gave a green 2 on the daily chart. This is a clear buy signal. Stoch RSI is very low and sloping upwards. I expect the price to rise up to 7 more days. Here is my trading idea: Long at: 19734 Take profit: 22825 Stop loss: 18000
Tom Demark count gave a green 2 on the daily chart. This is a clear buy signal. Stoch RSI is very low and sloping upwards. I expect the price to rise up to 7 more days. Here is my trading idea: Long at: 19605 Take profit: 22825 Stop loss: 18033