$iotx is a good project, solid team, now listed in Binance, it will surely do as $ZIL did. Bullish volume.
After an expected pullback, which lasted 24hours, we are now on the support, Bullish divergence spotted on the 15min timeframe. Time to open a long and wait until we reach 8700 at least!
$BTC update: Dear all, Bitcoin need to get out this chaotic downtrend channel, here indicated by red lines. I would say we need to see Bitcoin above 7800 to get the confirmation that yes it is safe to open a long position. The downtrend line can still act as a resistance, and BTC might still go back downward the channel if the volume is too low. Alt coins may...
Bitcoin is breaking through the major resistance line, now we need a few more days to see if it holds. On daily chart, the RSI is overbought, means it may go down again. We hope that the resistance line now acts as support. I expect that BTC will go sideways for a while, which should be accompagnied with some ALT bull runs On weekly chart, the RSI is oversold,...
Dear reader, I am no expert (in fact I am a researcher in bioimaging), but from my small experience in trading, there are obvious reasons to think that S&P500 and other market indicators are undergoing a bubble pop. Following my previous raw analyses, I provide this detailed update. Market exponentially increased past years, formed a Head & Shoulder (bearish)...
An update on ETH getting close to 400 ETH/USD Wait for the bounce on RSI. Here on weekly chart. 400$ may hold, and used for a bounce, but the low volume is not high enough for me to be very convincing. If it goes below, there is a strong buying support around 300 $ Not financial advice.
Bitcoin $BTC update BTC I was expecting an impulse Elliot Wave from here, but we ended up with an ABC downtrend which is soon finished. A bounce is to be expected. Interesting scenario: we are reaching the diagonal support trendline from September 2017 (I don't think we crossed it yet) and should it go through, there is also a horizontal support from...
S&P500 parabola is violated, so a classical retracement would take it to 80% (classical charting from Peter Brandt, I recommend), I spotted a bearish sign on the RSI (decreasing RSI, increasing price). EMA 200 was acting as support but I m not very hopeful. The current parabola trend and its violation look like the parabola violation in 1929. In addition,...
DJ:DJI Dow Jones in a difficult position. (same for S&P which include 500 enterprises against 30 for DJI) Pessimist/bearish scenario : to me the bubble is gonna pop soon, considering the bullish run of Dow Jones the past years, with an impressive exponential increase, I don't think it is sustainable. Possible H&S pattern forming. Current chart is very similar...
FX_IDC:ETHUSD Opportunity coming soon in my opinion as Ethereum reach the trend line around 400 dollars. Unless Bitcoin crash and the whole market panic sell, ETH looks pretty good to me. Not financial advise.
EUR/USD consolidation phase toward breakout (up or down) If breakout upward in coming weeks, likely to touch resistance above at 1.25+ If downward, we continue the (large scale) descending wedge. Not financial advise. OANDA:EURUSD