FX_Academy

FX_Academy

On the daily chart, as we expected the price had made its way into the resistance zone of 1.289-1.298, almost reaching the key resistance at 1.309, with an approach from the descending trend line starting from the high of 2015, and the upper edge of the horn pattern. The price has already bounced beneath the key resistance and the resistance zone, to take the...

FX_Academy

On the daily chart, the price reversed from the support zone 107.6-108.4 then broke the descending channel up to reach the key resistance at 112.1 The price had made a pullback from this level to retest the channel & the zone So, the price is expected to revisit these level before approaching back the 38.2% Fibonacci at 112.1-112.6

FX_Academy

On the daily chart, as we expected before, the price had made its way up to targets at the resistance zone 1.0815-1.0865 boosted by harmonic pattern (bat) The price is going to have a little retracement at these levels to continue its bullish movement up to 1.1045 level

FX_Academy

After the price broke out off of the triangle, it has been stuck bouncing in jaws of wealth pattern. As the price bounced from the support line, it is likely heading to the resistance line again. I think that will be a final wave after which the price will break out from the downside, but we will see what happpends when the price reaches the resistance line.

FX_Academy

After the big run up the price of Blocknet has been correcting in an ABCDE manner inside a triangle. We can currently see the interaction with the triangle's resistance and I am expecting the price to be repealed back inside to the triangle's support line, which would be the final E wave.

FX_Academy

The price of Civic is struggling to get out off of the falling wedge/descending channel and has done so two times in a row before retracing back to the inside of the wedge. As the breakouts were B waves from an irregular or expanded flat correction, the price had to go back into the wedge and finish the final C wave. Seeing how the last correction ended I think we...

FX_Academy

The price of ChainLink is currently in a corrective triangle after impulse wave to the downside ended. I am expecting the price to bounce 3 more times, and end the wave E on the resistance line, which will mean that the price will break out from the triangles downside and create new lows.

FX_Academy

Ethereum is lagging behind Bitcoin in price action, that's why looking at Bitcoin for clues is crucial. As the price hit 0.236 Fibonacci level I think that wave Y ended and that we are going to see some short-term movement to the upside which would be a second X from a WXYXZ complex correction count. After that, I am expecting another drop as wave Z will end on...

FX_Academy

After Bitcoin's price fell below the baseline support there are 2 more levels that serve as support, and I expect the wave E to end on one or the other. The first level is the blue line which is the triangle support in which the correction is and price wise at 7000$, and second is an unconfirmed baseline support 2 at 6573$. So if the price gets into this range I...

FX_Academy

Ripple is in a WXYXZ correction and we are seeing that the price is supported and is likely heading up to complete the second wave X on the wedge resistance, before dropping again to new lows, which would be final wave Z at 0.51$

FX_Academy

The price of Litecoin is in the ending stages of a WXY correction, on the support levels of the retracement zone and triangle's support line. The is lots of support at these levels, and I am expecting the price to bounce from these levels to at least 0.236 Fibonacci retracement level at 139$ which is also where wedge resistance line is.

FX_Academy

The price of Nexus broke out off of the triangle after intermediate WXY correction ended. We can currently see that the price of wave 3 has exceeded the prior high on 18.04.2018 which is above 0.5 Fibonacci retracement level. I am expecting the price to retrace back to the 0.382 before wave 5 starts which target is at 0.618 or at 30000 Satoshi level at least. As...

FX_Academy

After a big 12345 impulse wave, the price of Decred has been in a falling wedge and using Elliott wave principals I have projected the likely scenario. I think that this will be and WXY complex correction. As wave W sits on the 0.5 Fibonacci extension tool, and that wave Y sits on the 0.5 Fibonacci retracement tool, wave Y will end on the 100% of the Fibonacci...

FX_Academy

This is an update from the last time I have published ETC chart, and it seems like everything is going in accordance with the analysis. The price broke out from the triangle support as WXYXZ correction ended on the resistance, and the primary target is about to be met.

FX_Academy

After the price of VeChain rose up by 2200% the price action has been stuck in a triangle, correcting in an ABCDE manner. The price action is currently in the C wave stage, so I am expecting it to drop to the triangle support line.

FX_Academy

CAD/JPY On the daily chart, we can see that the price had bounced from the support level at 80.65 with breaking the descending channel and descending trend the price has reached the key resistance level at 85.95 which is moving average 200 too the pair is in range between this resistance level & the support zone 84.25-83.95, which is the located price right...

FX_Academy

The price of Pivx has been in a complex correction for quite a while no. I have labeled some of the significant levels, and as you can see the price is interacting with the support line. I am expecting the price to bounce back but not above 0.236 Fibonacci level, before it falls down again and now to the largest triangle patter support line, which would be a Y...

FX_Academy

The price of Eidoo is in a falling wedge pattern correcting in an ABCDE manner. We can currently see the interaction with the 0.236 Fibonacci level which serves as resistance, so I am expecting the price to go down from here and complete the wave E.