EURUSD Currently USD is strong compared to EURO. The chart shows a strong bearish movement ahead, lasting days or few weeks. MACD and RSI are strongly bearish. Expecting the price to fall until 1.2 , then consolidate.
USDJPY The price formed structure suggests a bullish movement for the next few days-weeks ahead. 108 is a strong support point where we observe bulls rallying up to 115. This could be a good buying point for swing trading. Overall, the structure suggests a bullish flag pattern. If you like my ideas leave a thumbs up and follow me
EURUSD From the chart, you can see the long downtrend structure. All the indicators are showing a strong downtrend EMAs, MACD, RSI. Currently going short. The price could fall until 1.10-1.05
USDJPY Shorting from now until price reaches structure or resistance (106-105). From the structure and from indicators, we might have several days of downfall. If you like it, please support it with a thumbs up for more charts. Feel free to share your thoughts or vision.
KRAKEN:ETHUSD I have re-designed the bullish flag triangle, to reflect new price movements. Indicators are still bearish, but I can see from it's master (BTC), that indicators start to show a bullish reversal. ETH might follow BTC pattern and start uptrending within few hours from now. ETH reached the golden fibonacci level, and found strong support at 625....
KRAKEN:ETHUSD ETH price entered a clear bullish flag structure, and it's almost time to break the structure (within 2-3) days. It seems that the top structure is rejecting ETH, which might be forced to move down to $650 support. MACD is < 0 showing we are still in a 4h downtrend RSI is approx 50, and apparently reversiting below 50, showing a possible...
If ETH price doesn't break the current wedge structure, it should find support at 720 and bounce upward to 750 resistance. If it breaks the structure, then it will be going into the 700 resistance. My assumption is that ETH won't break support, thus it would most probably head upward to next resistance level.
ETH headed down, still time to short - one more pulse wave Currently into a support zone, the bear wave is retracing, then should be headed to 700 to complete the wave
ETH broke above resistance at 740 and currently bouncing new support 740. ETH is probably heading to form ABCD pattern, as depicted in the picture
As you can see from the triangle structure, we can expect ETH to follow the structure, and bounce down back to support at 720. This could be a quick shorting opportunity. At 720 exit the short (assuming it doesn't break structure above 750)
Assuming BTC doesn't break structure, it will most probably bounce down to form ABCD pattern. Expecting to bounce off 9300 and head down to 8500.
KRAKEN:ETHUSD ETH looks bearish on 4h view. Since last year structure, I wouldn't be surprises if ETH will keep downtrending until reaches 500 support, before starting a long uptrend lasting until December.
KRAKEN:ETHUSD 233 EMA, structure, indicators are all bearish. ETH is most probably still headed downward with a target price of 650, possibly 600. unless it breaks the parallel downward purple structure.
KRAKEN:ETHUSD ETH broke the 700 support. After some consolidation candles, and a brief upward retracement It should be headed downward to 650 support. All indicators and MAs showing in the picture are downtrending. Once bears are exhausted, we should see an uptrend again from point 1, to point 2, possibly until point 3.
KRAKEN:ETHUSD ETH bearish divergence, we should see ETH headed down until 700 support, if it breaks it, it might keep falling until 650 support. We'll see in few hours. Feel free to share your comments
BTC completed last elliot wave, now possibly bouncing 9000, and retesting 9400 resistance. This should be last bear run, before resuming up trend for the rest of the week.
BTC could be rejected and form last elliot wave before resuming the uptrend. I would wait to see, if BTC breaks above resistance before buying.
As you can see from the picture, I would expect ETH to find resistance around 740, then keep heading down, or bouncing back up into structure