The pair is on the threshold of its long-term direction and the risk/reward ration of a potential long position is quite awesome. The RSI is slightly above 50 points and the MA is flat which is a very common sign of a trend reversal pattern. *Disclaimer: this is for educational purposes only*
The pair is most probably following an Elliott wave. According to the Fib Retrace line the next wave should end somewhere around 1.61. The RSI stays above .50 which is a bullish sign and in reality there is no clear reason for a bear move. *Disclaimer: this is for educational purposes only*
A bearish butterfly pattern. Overbought RSI and MACD. *Disclaimer: this is for educational purposes only*
The pair is in a good bullish consolidation along with fortunate news about BTC. On TA, the RSI is rising, the pattern is completed and ready to burst out. *Disclaimer: this is for educational purposes only*
Slight retrace and then strong bull. *Disclaimer: this is for educational purposes only*
The pair has formed a good HS pattern confirmed by the increasing RSI. What is more, the price is currently on a very strong support line. The expected upside movement is calculated by taking the altitude from the head to the resistance line in a translation to the breakout point. An awesome risk/loss ration is another reason to enter. *Disclaimer: this is for...
The coin has formed a triangle and here is a very good entry point with an awesome risk/reward ration. *Disclaimer: this is for educational purposes only*
Bull in. *Disclaimer: this is for education purposes only*
The rapid bullish movement is quite untypical, if it were a bear trend. The FIbonacci retracement lines would have shown some kind of resistance to the price but it breaks them with ease. Thus I made up my mind and bet on the idea that the bear move has been a correction and then I applied the Elliott waves which perfectly fitted on the long-term uptrend. It is...
The pair is strictly following our analysis! Good job USD/JPY! The breakout turned out to be more clear than expected - simply Elliott waves. The 5 major points ( tops and bottoms ) coincide with previous tops and bottoms which additionally eases the process of analyzing. The RSI peacefully rises and is now bullish in its relatively lower border for a bullish RSI....
The pair is quite near an important support line ( long-term; you can see on daily chart ) and both RSI and MACD are in a bullish consolidation on the 4H chart. We can also note the HS like pattern that is important for its 3 bottoms, all of which with higher and higher RSI which usually signals a weakening downtrend or even a trend reversal. We also have an...
The coin is into an ABCDE correction waves and moves between a support and a resistance lines with an intention to burst out after the competition of the E-th wave. Usually, this type of consolidation is bullish but crypto might surprise us. Even so, after the plausible breakout, the price will head for its long term resistance line. *Disclaimer: this is for...
The pair has been bearish lately and now it makes a slight turnover on two of the strongest support lines overall about the coin. The price is quite low and, though it's been rallying for the past hours, if the Dow theory is true, we should face a wave down to the support line and then a huge upside move. An important fact is to note the oversold RSI on Daily...
QUITE THE BEST TIME TO ENTER USD/JPY I HAVE EVER SEEN! The RSI/PRICE huge bullish divergence, MACD bullish performance, minor breakout of the resistance line, test of the line, perfect win/loss ration. *Disclaimer: this is for educational purposes only*
There is a strong price/RSI bearish divergence on the weekly chart. On the daily, we had a bearish cypher pattern and now the price touches a strong long-term support line. On the other hand, even though the RSI is still bullish, its bullishness declines and that is a sign of a trend weakening and plausible reversal. Therefore, the market is now sideways and we...
The pair is into a wedge and the e-th wave was completed. The RSI is rising and if the price goes up the first resistance line is quite above the current price which provides a good 3 to 1 win/loss ratio. *Disclaimer this is for educational purposes only*