peterbokma

peterbokma

We have some supporting evidence to see lower levels for the pair as indicate with my previous issued BUY strategy around 18.1000- 18.1350. However, I wish to note, that the decline can be a little larger based on KAGI chart. We clearly have broken below 18.3150 and outside the support of the triangle or APEX. Strategy SELL @ 18.1650-18.2150 and take profit near...

peterbokma

We are a little negative on the line break, and further, we are negative MACD and AO. Strategy SELL @ $ 2,990 - 3,010 and take profit near $ 2,940-2,950 area.

peterbokma

It feels possible that we may have seen a temporary bottom for ETH for the short-term. We are basing, and the change is of $ 2,350 test again. Long-term seeing much lower levels, but its as noted a short-term chart and idea. Strategy BUY current $ 1,875- 1,950 and take profit near $ 2,275 for now.

peterbokma

GER40 has upward pressure, and this will continue short-term. There are sufficient evidence to see a test of 23,150 again, and perhaps little higher. Strategy SELL @ 23,250-23,450 and take profit near 22,750 again.

peterbokma

The pair is under pressure and judging Fisher Form, we may see a little weakness more. The reason for BUY is that USDX and the AO and others not shown, show potential for recovery and overall we will likely see a return to 18.5500 area. Strategy BUY @ 18.1000-18.1350 and take profit near 18.4950.

peterbokma

It feels we may see further downward movement, as we are still above regression channel, and MACD is negative and a high RSI still. Strategy SELL @ 22,500-22,750 and take profit near 21,450 for now.

peterbokma

The pair is trading in the lower band of the channel, and feels may go lower. However, based on the technical picture, we are still in BUY mode, and as mentioned yesterday, it is in a large range, and I remain neutral BUY since I have no clear green light to go ahead with being long. Strategy for those willing: BUY @ 18.2350-18.2850 and take profit near 18.4150...

peterbokma

The pair remains very overbought, and considering most indicators, the pair has the potential to move back towards 1.8300 short-term. Strategy SELL or ADD @ 1.8660-1.8700 and take profit near 1.8367 for now.

peterbokma

The pair is way overbought for the right reasons, but as they always say, whatever goes up, must come down. RSI is extreme, and on shorter time frames, we have some red block starting to appear. Strategy SELL current @ 1.8650-1.8700 and take profit near 1.8197 for now.

peterbokma

The pair is personally for me in a range, and no significance in terms of direction. I wish to note, we are slightly on BUY side as fisher form provides some support to that view point. We have a trend line around 18.4000 that must be captured first, before I would feel more confident in seeing higher levels. The trend-line holding it, is in fact a S/H/S top...

peterbokma

The pair is under pressure, and line break shows we are moving south towards 2.0250 as a first stop. The MACD is negative, and RSI is below its MA and SMI is negative, all showing a reasonable chance going lower. Strategy SELL @ 2.0480-2.0510 and take profit near 2.0267 for now.

peterbokma

The pair is correcting downwards, and I feel we have good chance to see 1.4300 tested. MACD and SMI both are negative. Strategy SELL @ 1.4410-1.4450 and take profit near 1.4317 for now.

peterbokma

The pair is basing a bit now, and we have indicators suggesting we may see higher levels in the near future. The resistance 18.3650 area is in tact still, even though we tried and moved higher, but returned lower again. Overall we are improving, and there is a chance to see movement back towards 18. 4900 test. Strategy BUY @ 18.3750 or slightly higher on...

peterbokma

The pair has positive line break bar, but we are negative on SMI, and MACD has selling pressure embedded into it. Strategy SELL current @ 18.3250-18.3500 and take profit near 18.1875 for now. SL should be tight.

peterbokma

The pair had some corrections, and now it feels we may see higher levels before going lower. The indicators MACD, and Fisher form suggest we may see movement first towards 2.0650-2.0700, however, we are seeing "negative divergence" higher prices vs ,lower overbought RSI. That is why I prefer sell into higher levels when seen. Strategy SELL @ 2.0750-2.0790 and...

peterbokma

The possible S/H/S top suggest strongly we may see a large decline coming months to 17.2300 area. the head high vs. the neckline corresponding to it, suggest a roughly 1.12 points drop from the estimated break point 18.3300 area. Strategy SELL current @ 18.25-18.40 (take it a wide range for the large objective) and take profit let's say at 17.4350 for now.

peterbokma

The USDX is very oversold and requires correction I feel. MACD shows we have buying pressure building and RSI of course very oversold. Strategy BUY @ 103.10-103.50 and take profit near 104.57.

peterbokma

The pair is holding up well, and pressure still upwards. However, we observe a potential "false bull flag" pattern, and if valid, price action overall may move lower towards 0.8340 area again. Strategy SELL @ 0.8420-0.8450 and take profit near 0.8357 for now.