Ethereum moves sideways BW $176 and $183.5 Bollinger bands shrinking is a confirmation to the price action. An improvement on the BTC may trigger upside movements.
Bitcoin broke the ascending line with an increased volume. All indicators show mode downside movement., while price action shows it is dominated by sellers. (see the previous candlestick in which sellers took down the highs and created a large upper wick).
The Silver daily chart corresponds to the application of the canalization process.
The following chart corresponds to the third chart of our article "Motive Waves Construction - Part 2".
The following chart corresponds to the second chart of our article "Motive Waves Construction - Part 2".
The following chart corresponds to our article "Impulsive Waves Construction - Part 2".
The EURAUD daily chart corresponds to the example of our latest educational article "Impulsive Waves Construction - Part 1".
The EURAUD daily chart corresponds to the example of our latest educational article "Impulsive Waves Construction - Part 1"
Ethereum seems moving in a cyclic channel. Now the price moves towards the bottom of it. MACD and Stoch, point to more drops.
XRP moving in a Horizontal Channel. Right now MACD and Stoch, points to a bearish phase to visit $0.25 again.
Bitcoin still sufferts from strong price dumps. The price is creating a H&S pattern. MACD and Stoch follows the movement to the downside. The ascending hasn't been touched, though.
The XLF weekly chart corresponds to the example of our article "Introduction to Elliott Wave Theory - Planning the first analysis - Part 2".
This chart corresponds to the first figure of our educational article "Introduction to Elliott Wave Theory - Planning the First Analysis - Part 2".
Ethereum is back above $170 and the Stochastics transitioned to a bullish phase. THe price is still in the lower side of the Bollinger Bands, though. I still don't think it is a buy
Ripple has profited from the bitcoin advance. The stochastics show that and the MACD is turning, although still bearish. The price is still below the mid-BBLine so we should be cautious. There are better options to invest in.
Bitcoin is above$10,700 and also again above its bullish trendline (black). The price bounced off of the mid-Bollinger line, which is an indication of trend continuation. Stochastics crossover is also bullish.
This chart corresponds to our educational article "Introduction to Elliott Wave Theory - Planning the First Analysis - Part 1".
The FDAX monthly chart corresponds to the second chart of our article "Introduction to Elliott Wave Theory - Planning the First Analysis - Part 1"