Cake had a strong sell off and closed below the 1h SMA 100 still the SMA 200 ahead, I think it will retrace and reach 22$ in the next few days. it could get down to 17.50$. but 22$ is more likely I will wait for it to close above the 0.618 and then I will buy. especially if it retraced off the 0.786-0.705 Fibonacci level like it is doing now I will wait for...
Hello Folks ADA has been holding up very well despite the Bitcoin trending downward which many altcoins suffered but not $ADA with the rollout of the Alonzo testnet (smart contracts) we started to see bullish momentum, as you can see the price retraced on the (0.618) level and it continued it's upward price, ADA currently trying to cross the 1.65$ resistance and...
Hello guys The price retraced from 0.382 on 20th of May, came close to the 30k resistance, retraced from 0.236 levels again, I will Wait for a retracement from 0.236 again to sell, or sell after resistance 30k breakout, price will more likely get to 20k after that. #1 Target: -0.217 #2 Target: -0.414 Please tell me your thoughts.
NZD is in key area, last candle in this chart as you can see closed below the 200 SMA. MACD signal and the cross of SMA-50 and SMA-100 with the formation of of head and shoulders, could be strong indicator for this pair to tumble well below the level of 0.71750. Fundamentals with the FED "talking about talking about tapering" with the U.S PMI flash came positive...
As you can see the price just hit the EMA 200 and was bounced off of it, Bulls are exhausted so I think it is only a matter of time before it is able to cross the EMA 200 and as you can see the bullish trend is already broken on 18th of April, now if you check the monthly chart, Evening Doji Star has formed and just waiting for this month to close to confirm. I...
Hello folks, As you can see the price hit the daily 200 SMA and it bounced off, but my guess is that it might touch the 42k level again before falling to 30k. this is on daily basis, rather on Monthly basis 3 patterns candlesticks has formed an Evening Doji Star. Now after SMA 50 make a cross with SMA 100 it will be a sell signal, for now I will wait for the...