With all the uncertainty looming gold is due for some love, a slow walk to around $1580, Very strong resistance around $1370-1380 level.
Seems we're in a consolidation phase here of a bull flag and a break to the upside is highly probable, yellow lines=support/resistance and blue box is profit target area gl.
Looking at the 4h time frame we can see a bounce off the 21 ema if the bulls stay in control in the short term a possible scenario could play out as suggested, fwiw on the daily time frame we look a lot more bullish being well above both ema's. Time will tell gl.
We have bounced off a big support level and just popped above the 10ema on the 4h time frame which is normally a green light to move back up, take profits at each fib level of your choice gl.
Just a projection let's see if it can reach profit targets first level 399 and 2nd being 478, 267-269~ level should hold as natural support, breakout has already occurred just a matter of if it can continue climbing.
Interest in ETH is flooding back in and we have smashed our 50 ema on the daily time frame, look to stay above the 21 ema for a short term bullish outcome as profits could be huge. Green=profit targets and purple support/resistance gl.
21 ema broken with strong follow through ride it up, profit targets at each respectable fib level.
A more detailed look than the last chart, If we have reached the bottom of the ABC correction and hold a trend reversal could be taking place. (Yellow lines=Key resistance levels) look for an increase in volume and a bullish engulfing candle as mentioned in last as the start of an uptrend.
Have bounced off historic support several times with strong movement to the upside, I feel this coin is going to do very similar to what XRP did over the coming months and will shock people. Green levels are profit taking and purple support/resistance gl.
We bounced off the 61.8 retrace and still look bullish Profit targets $9.55,$10.10, Yellow levels=Key resistance.
21 ema broke on the 4h chart RSI/MACD both look positive in terms of a trend reversal, Let's see how this plays out Key support level hovering around 100, first profit target at resistance level marked if trend is true.
Hovering above strong support line buy into the uptrend once confirmed and ride up to resistance level as a first target or 38.2 just above it.
I expect it to continue dropping into the blue zone and bounce off the 5k level then swiftly spring back to 6k which will hopefully spark the uptrend, maybe i'm too optimistic and there are too many unknown factors with a stranglehold on short term prices.
RSI approaching oversold on daily chart wait for confirmation of uptrend and ride it up strong resistance at roughly 820~ and strong support at ~600.
RSI Way oversold on the daily chart and floating around strong support wait for the confirmation of an uptrend and ride it up.
Trading in a tight channel and it looks a turn to the downside is quite likely, expecting if we break below the channel to fall into the blue box which would have us in the range of $29.27-27.44 before seeing a possible bounce up.
RSI way oversold on daily chart wait for confirmation of uptrend and ride it up very strong support around 100 area if we go that low.
Actually curious and would like someone with more knowledge to look over this, so here goes the last real 1-5 Elliott impulse waves we had that completed followed by multiple ABC corrections has us landing on an area right around Wave 4 which to my knowledge is where ABC corrections usually end, We are currently on that level and it's the first time out of the 3...