Key points supporting further up-moves - Bullish view ETH/USD broke uptrend line from All-Time-High ATH 1,424, from a pennant chart pattern. A pennant is a bullish continuation pattern. If we take the breakout point and add the size of the pennant, the target price is approximately 1738. To achieve this ETH/USD must re-test previous ATH And most important with...
Since BTC/USD ATH, price is now on a less slippery downwards trend. A close below 11,640 level will open for retest of recent swing losw zone near 9,000. Further upside potential for next week depends if price is able to penetrate 13,300 level with above MA volume level. Here are our forecasted key swing trade zones: R2 : 14,200 R1 : 13,300 S1 11,640 S2 9,000
Weakness detected in recent ETH/USD recovery from recent 2018 low as price increase not supported by significant volume increase. Rising wedge formation on ETH/USD chart or parallel upward channel. Either way a break of 1,000 psychological support level will open ETH to fall lower to next support zone. Here are key price levels for ETH/USD: R2 - 1240 R1 - 1160...
We noticed 0.40 price coincide with 61.8 fibo retracement level. And a triangle base is being formed. If XLM can hold at 0.40 price level. Look out for a upward reversal. Support level forecasted at: S1 - 0.40 S2 - 0.30 S3 - 0.18 And we like the fundamentals too. Please do your own research...
Ripple XRP/USD was not spared today's correction. 1.80 50 percent fibo support broken and now price hovering around crucial 1.40 61.8 pct fibo level. If your plan is to buy on dips here are next support levels S1 : 1.40 S2 : 1.15 S3 : 0.88 We will be monitoring overall volume trend in short term and any MA crossover indicating change in current bearish...
BITTREX:XVGUSD 50% fibo at 0.15 price level, breach of this key support will expose 0.12 - 0.10 major support zone 61.8% fibo. Trade idea to buy on further dips gradually. Disclaimer: do your own research too, and analyze the fundamentals. Don't Put All Your Eggs In One Basket
COINBASE:BTCUSD
EMA 20 about to cross EMA 50 on 240 minutes chart (bearish). Volume increase on price decline (bearish) 50 pct fibo level - 1.80 Previous swing support - 1.60 61.8 fibo level - 1.40 For Ripple fans maybe good time to find your buying levels.
BTC/USD lingering between 13500 to 17500 range. Now testing support zone of 13500 to 14000. Upward biased remain based on trendline not broken despite 20 EMA and 50 EMA bearish signal. For now we remain neutral and looking to buy on dips.
We forecast XLM/ETH will extend upwards trend to test previous ATH.