forex-academy

forex-academy

Bitcoin is bouncing off of the $9,600 level. MACD made a bullish transition but the rest of the technicals are bearish.

forex-academy

This chart belongs to our educational article "Corrective Waves Construction - Part 5."

forex-academy

This chart is part of our educational article "Corrective Waves Construction - Part 5."

forex-academy

This chart corresponds to the second chart of our educational article "Corrective Waves Construction - Part 5".

forex-academy

This is the first chart of our educational post "Corrective Waves Construction - Part 5".

forex-academy

This chart is the second chart of our educational article "Corrective Waves Construction - Part 4."

forex-academy

First chart of our Educational Article "Corrective Waves Construction - Part 4."

forex-academy

The price moves in the +1BB line and above the 50MA. Currently it is retracing rhe latest green candlestick but the price seems still held by the +1 Bollinger line. The outlook is still bullish.

forex-academy

Ethereum is showing profit taking activity. The price follows the mid.BB line as trendline. Volume has increased in the bullish bars and is weak in corrective ones. the outlook is bullish.

forex-academy

XRP is doing a correcting waves. The price is held by the mid BB line.The outlook is still bullish.

forex-academy

Bitcoin round trip let price at the same level as before the drop. Technicals are slightly positive but there is a significant resistance level at $10,270 and then the amber descending trendline ( at $10,400).

forex-academy

The ES daily chart corresponds to the example of our educational article "Corrective Waves Construction - Part 3".

forex-academy

The chart corresponds to different variations of the flat pattern. This is the third chart of our educational article "Corrective Waves Construction - Part 3".

forex-academy

Stellar very bullish on high volume. Price action alone tells there is potential for more upside. It is a bit overbought but action tells there is a heavy buying pressure on this asset.

forex-academy

Ethereum is retracing some of the gains acqured in the past days. The price is in the confluence of $203 support and the BB mean line. The MACD made a downward crossover, which may warn for more drops or a period of consolidation.

forex-academy

Ripple drop is an expected retracement after its huge advancement. The price is finding support near the Bollinger mean. 0.29 and o.285 should support the price if we consider the price is still bullish.

forex-academy

Bitcoin broke the triangular formation to the downside with a large-volume candle. Now it is recovering above the 9,760 key level. The price is overextended so more recovery is expected. The technical studies show bearishness. No surprise.

forex-academy

This chart corresponds to the second chart of our educational article "Corrective Waves Construction - Part 3".