osbetel

osbetel

Cardano has broken its support line, and will be moving back to baseline in the coming days. When it hits the bottom again, we are in long for Cardano. After bouncing off of support at 0.11, we expect that it will make a move up to the 0.46 area. After that, it can either break upwards or be rejected and move downwards again. Cardano is one of the crypto coins...

osbetel Updated 

EURUSD formed a double top a few days ago, and has recently broken below support. We will likely see a movement down to 1.21000 in the next couple of days. Furthermore, that wave down will put it right on the long term ascending trendline from 4/11/2017. It may be a good spot to buy there, provided that EURUSD doesn't push below that trendline . We will see....

osbetel Updated 

Currently, we've been in a downtrend for the past couple months, falling about 50% so far from the all time high of 19,900 USD. Bitcoin has made a small recovery from the low 5,873 USD but we're still not in a long-term bullish trend yet. For that, we need BTCUSD to break out of the current descending channel. Currently it's testing the top trendline of the...

osbetel Updated 

From an all time high of 3.30, XRP has retraced back down to 0.9x levels. While this is a huge drop, we also have to be considerate of the fact that, at this time last year, the price per XRP was about 0.2x. Some simple math tells us that 0.2 to 3.3 is a 16.5x growth. And 0.2 to 0.9 is a 4.5x growth. So from 3.3, we've retraced down by about 72.5% to...

osbetel Updated 

CADCHF has moved accordingly with one of my previous ideas: There is however an ascending trendline on the weekly/daily chart dating back to around Jan 2016, and so we have two possibilities in the coming week: The first possibility is that it bounces, the CAD recovers, and we enter long for the next few months for a lot of pips. Easy. The second possibility...