Potential Head and Shoulders Patter with significant resistance. This is still an unconfirmed trade so please be careful. Not financial advice. Cheers. :) CAPITALCOM:USDCAD
Short Trade. CAPITALCOM:EURUSD This is not financial advice and is merely a take on basic Chart analysis. Cheers.
Two probable scenarios: 1st: Btc breaks under and closes below 59k then I see a short move to 50k. Argument for lower move: the MACD and Volatility indicate a lower high coming, however, BTC is currently trading in a nice channel so there would have to be quite a rapid dump to trigger this scenario. 2nd: Btc Breaks above and closes above the high resistance...
MACD has spiked with volatility... Are we seeing a bullish charge to the upside? All indicators would suggest so. This is not financial advice.
This is a project I am too bullish on. strong indication to the upside with breakout of resistance. the other resistance levels are presented in the chart. not financial advice, have a good one guys.
on the 1d chart DNT has an almost perfect cup and handle graph. The 4hr chart looks like there might be a break out in the 4hr channel and we all know what that means 🚀. Not financial advice. Have a good day guys.
AS mentioned in my previous analysis XRP is continuing to respect the 4hr trendline. As there has been so much volume around this coin over the month I believe there could be another breakout within a day if XRP continues to follow 4hr trendline. If XRP falls through the 4hr trendline it will continue to trade in the sideways channel depicted. Hopefully it turns...
Unless Xrp breaks and closes above the resistance level depicted above (around the 0.45 region) it will retest the 4hr trendline. If XRP respects the 4hr trendline it could form a bullish pendant where it will most likely go and test the highs of last week. If the 4hr trendline is not retested and XRP breaks down It will continue to move sideways and retest solid...
Over the 1hr, 2hr, 4hr and 1d chart XLM has continued to bounce between the areas graphed forming a bullish pendant. The volume on the 1d and 2 hour have been increasing over the past day. Hopefully we can all take off on the next flight. However, there is always a chance that it breaks down. Be-careful and have fun. Not financial advice :)