The chart has returned to its resistance zone, moreover the RSI indicator showing some bearish signals as the peaks in price are ascending while on the RSI indicator those are descending! We speculate that the previous supporting line should be considered a proper target for this trade but we must take our attention to the RSI because its near to the oversold...
A triangle form has been observed in the chart and it is broken downwards. The target for this pattern is its previous trough. But ,there is a support line on its way down ,so if the support line wouldn’t be strong enough to support the chart ,it will fall to the previous trough and may go further. We warn crypto investors and traders so many times that this...
As it is obvious, a reverse HEAD AND SHOULDER pattern has been created in the chart. Our target is the distance between the neckline and head from the break point of the neckline. Do not forget to set stop loss for your trades.
The chart was moving in a parallel channel, and it broke the channel to the upward. It hasn’t broken the previous resistance in a proper way so we have to wait to get the breakout confirmation. If the bulls were stronger than the bears, we speculate that GOLD will continue its uptrend to 1912$ zone.
As we’ve mentioned earlier, all technical factors such RSI indicator warned us about the beginning of a consolidation phase for cryptocurrency market. We had three relative peaks in price but three relative throughs in RSI indicator which was considered as the first important signal for this phase. After the breakout of the ascending trend line we speculate that...
Daily resistances are really crucial for charts. We do not speculate that the chart can surpass the resistance zone(1854-1876).Meanwhile the RSI indicator is in “over-sold” area which is another bearish signal for the chart.
As we mentioned earlier bitcoin was extremely volatile and we warn u about its bear trend! Now BTC is on its last support. If the bears were stronger than bulls it would be probable that the chart would fall to 30000 $ area. I never recommend you to trade futures because there is no money and risk management on it, but if you are looking for spot holding or...
The chart has consolidated more than 50% of its previous uptrend. A descending trend line is broke and BTT is on a supporting zone. We speculate that it will start a bullish trend and our target is its previous peak which is near 120% return. Take that in mind this is my speculation about the market and EVERY THING against my analysis is probable. So as always I...
After an aggressive bullish rally the CIX needs a consolidation. We recognize that the ascending trend line is now broken and its probable that the chart will fall to its previous high which was a resistance and now becomes a support for the chart. Meanwhile the Fibonacci 0.5 line is considered to be the next supporting force for the chart which is matched to the...
First I have to note that crypto market is really volatile now! and if you are looking for trades in short time frames you have to use stop loss for your trades. A resistance area has broken and now its a support for the chart, meanwhile two ascending trend lines are pushing the chart upwards.
After an aggressive bullish rally,DOGE broke an important resistance area. Now that area plays the support role for the chart. If this area couldn't help the chart on its way up, our only hope would be the ascending trend line and after that...boom! the collapse is possible!
After a bullish rally, AMZN consolidated into a range market in daily time frame.In 4h time frame we see that an ascending trend line has broken and it may go down to the another bullish trend line. This trend line now may support the chart but if the bears were stronger than bulls,it would be possible that it will continue its way down to the support area. Take...
A bullish trend has broken a resistance zone and it turns to a support area for the chart.We see two higher peaks in price but two lower peaks in RSI indicator. This is a bearish signal for the chart but we speculate that the chart will be supported by that support area and ascending trend line.
After breaking a resistance area, that area became a support for the chart and after that the chart got stuck into a rectangle form range market. Today it has broken the top of that rectangle and it is probable that it will go high as the width of the rectangle.The best are for long position is on the the top of the rectangle with regarding that an ascending trend...
The historical peak and resistance for BNB has broken and at this moment it plays the role of a support for the chart.hope that it will continue its uptrend again.
After a bullish trend we see two higher peaks in price, but two lower peaks in the RSI indicator! This is really dangerous when it comes to assets with high volatility such as BITCOIN. As it is shown on the chart we hope that those support zones would support it and help it to go high again. If we lost the support zones it may go down to trend line's starting...
It is obvious that the bullish trend line is broke and we speculate a bear market for EUR/GBP to its last support zone which is shown on the chart. We must take this in account that this analysis is came from our attitude towards the market and its not a 100% fact,its just a speculation! We always set stop losses for our trades.
The chart is trapped between two trend lines,one ascending and one descending.With another attitude we can realize that the chart formed a triangle pattern.If the the chart breaks the higher side of the triangle,it is probable that it will go high as our target but we should be careful about those resistances.If it breaks the lower side it would go down but those...