This chart corresponds to the basic model of corrective waves from our educational article "Corrective Waves Construction - Part 1."
The DXY weekly chart corresponds to the example of our educational article "Impulsive Waves Construction - Part 04"
Ethereum is moving in a descending channel. The price is now hold by the mide-BB line. MACD turning to negative.
Litecoin outlook is bearish. THe price is close to break the $68.8 support level. Price below -1 BB line and MACD negative. We need to see a close above $70 to see a change for good in this coin.
Cosmos has reversed its trend and the price moves above the 1-sigma Bollinger band on increasing volume, and MACD is also bullish. This coin is a buy on pullbacks.
Ripple does not have wnough buyers to push up the price, which is struggling near the mid-BB line. MACD is shifting to bullish, though.
Bitcoin breached the $10,150 resistance on decent volume and now the price is above the +1BB line. MACD switched to a bullish phase. The price hit resistance at $10.450.
The NQ weekly chart corresponds to the example of our educational post " Impulsive Waves Construction - Part 4".
This chart corresponds to our educational article "Motive Waves Construction - Part 4".
This chart corresponds to the third chart of our educational article "Impulsive Waves Construction - Part 3".
After beeing rejected by its $71 resistance level, the price made a large sell candlestick. The price is also moving below the -1 BBline and MACD is also bearish, so the $68.77 support is close to be broken.
Ethereum still correcting, its price moving near the -1 BB line. MACD is also bearish. The price is holding above $175, which acted as support yesterday, but still no signs of recovery.
Ripple moves in a horizontal range. Now it is close to its supply area, which could support it. MACD is bearish, and the price below -1BB line confirms that, but the price nearing the supply area makes it a bad place for shorting it, and a good one to take profits.
Bitcoin still moving near the -1BB line after touching the mid-line. MACD close to make a bullish crossover. Therefore the best decision is wait. RIght now sellers have been rejected at $9.900 and buyers at $10,200, so this is the current range of movement for the BTC.
This chart corresponds to the second chart of our educational aticle "Impulsive Waves Construction - Part 3".
This chart corresponds to our educational aticle "Impulsive Waves Construction - Part 3".
Dash shows strength today, and the stochastics has made an upward transtion, but the price currently is just retracing the last bear candle.
Litecoin price action is sideways but the price above the mid-Bollinger line and the lack of selling pressure makes it sligtly bullish.