Silver has been consolidating in this triangle formation for quite some time now. Is it looking for a catalyst to change that? With global markets fearing a correction, history shows us that society reverts to the tangible world as a safe haven. According to the LBMA Precious Metal Forecast, top analyst predict that silver will be the strongest performer of the...
It appears that the storm is over. Let's see if LTC fares the weather, with 208 as her next target.
Gold is reaching the top of this trendline where previous resistance has been met, as well as the RSI channel floating around the previous top. I expect a correction here to previous lows at 1307 area
XRP is finally showing signs of reversal from the correction after previous all time highs. The Ripple company recently released that they will be working on a project with MoneyGram that will allow users to easily transfer funds. Right now it is still only being tested but the markets already responded positively on behalf of the news and we saw a nice green 4hr...
Possible outcome on a lower time frime
LTC has slipped into the support zone just below the .2 fib. Cup and handle formation has been completed and we should see the road to $500 continue here. obviously there will be multiple obstacles and pullbacks along the way, however I think that LTC has a lot of fundamental strength as the moment and the low price is attracting quick demand. A little bit of...
LTC had a great run the past couple days, coming up to $307 just before forming an ascending triangle. Many were hoping for a break upwards to continue the run to previous $360, (myself included). Although this didn't happen immediately we can see here that LTC is pulling back into a previous support zone with sharp tails which led to strong bounces in the past....
AUDUSD has had a nice leg up the past weeks, but large price action shows that AU is still sideways. The arrow on top is pointing to a hard price rejection tail, a clear indicator that we're moving for a retest in the opposite direction. I expect a promising short down to the support line at .765. as always there will be consolidation and resistance, so keep an...
EU is spiking straight up with a tail that should hold a promising downturn. I expect EU to fall to support in the large value area @ 1.87. We may see some resistance along the way so keep an eye out at the target areas for a sell and reentry!
OMG BTC is uptrending hard at the moment. we can see from the price extensions that it is making rotations between upper and lower value while gravitating back towards the control price. Judging by the price extension in lower value at 125 SAT we should see a quick bounce back to 180 SAT shortly before rotating back towards control.
EOS is paving its way to the previous high of $12, and could take a couple different routes to get there and above. the yellow wave will require a firm break above $9, consolidation at $12, and a break out seeking new all time high. the red wave will bounce off of support and resistance zone before making it's way over the top
EOS has been consolidating at $8 - $8.50 area forming a strong bull flag at support. After EOS breaks through 8.50 we will see a quick rise to previous high at $12, before going to new all time high. I believe this point to be somewhere around $20.
ETP BTC is breaking out of the triangle. we should expect it to find resistance around 260 SAT, pull back, and continue moving towards 500 SAT
ETP found strong support at the first low and again at the control price. If this price holds we should ETP retest $3.60
Despite breakout propaganda, NEO has made a double top at resistance and will travel back down to test support at the low 60s