The Gann Fan forecasts a slight down move which is also supported by the resistance line of the 3 tops. I have charted the target zone or where the price should meet the support. *Disclaimer: This is for educational purposes only*
The Bulgarian flag is real! *Disclaimer: this is for educational purposes only*
The coin is into a down move which should be completed at the end of the 5th wave. It would fail if it reverses before the low of the 3rd, so that we expect a move at least as deep as the 3rd wave. What is more, the volume is also decreasing, except for the bigger red candles which is also good for the downtrend. The RSI came back to its bearish levels and,...
On the weekly chart we can spot quite a lot of indicators that lead us to the conclusion of a big fat bull move and market. Ever since its change in directions, the RSI has been bullish and so has been the volume. There two indicators are often regarded as quite reliable for indicating the market's direction. In addition, the EMAs are about to cross each other and...
The pair is currently on wave 5 and nears its top. The RSI has been bullish and above 50 points since its breakout. Fortunately, the volume is increasing which consolidates positively with the EMAs and the RSI. *Disclaimer: this is for educational purposes only*
I am not quite sure if it is a downtrend or a big correction because of the lack of strong bearish evidences.
The pair is in an uptrend roller going sharply towards the sky. All indicators are bullish - overbought and above 50 points RSI, EMAs, increasing volume, failed HS pattern. The 5th wave of the sideways reversal market was broken and now it is time for the five bull waves to take over the market. For more, comment below. Thanks. *Disclaimer: this is for educational...
The pair is not yet ready to spike or at least there are not sufficient signals for such behavior. The RSI and price are in a divergence and the previous trend was outperformed by the current channel. I could not find proper legit waves to apply to the chart. It would be great if someone shows me a plausible wave pattern. Even so, the price is slowly but steadily...
While the DJI is unstable and just broke the symmetrical triangle pattern foreseeing a deep slump, almost all other DJ indices are going down for the past month and even more time. Most stocks experience a negative gain ever since the beginning of 2018 and that cannot bring the DJI up. The expected slump is with the length of the widest place of the triangle,...
The chart is forming good looking waves and completes the final 4th one. It is an easy-to-recognize uptrend with no signals for reversal and the corrections and intermediate and minor trends are easy to spot at the daily chart. After the completion of the 4th wave, we expect a good upside move by the 5th wave. The RSI is under 50 points but not oversold yet. This...
The pair is currently under a resistance line and there is much in common with the last one we saw. The current one is not only twice shorter in time length, the price change from top to bottom is a half from the previous, but also the altitude from LINE 1 to LINE 2 is twice as big as the one from LINE 2 to LINE 3. Now, let's track the trends themselves. In the...
There is not much to hang on as the chart is quite extraordinary and scattered. I found out this channel and hope to see an up move to breakout and reach the resistance line. In the past, when the RSI went oversold the price escalates quickly. Let's see the same again.
The pair has formed an uptrend which is also supported by bullish RSI values and good supporting levels. The price is currently on one of the supports and I expect to see a bounce towards new highs. If it fails to raise, we will have a lower bottom which will change the trend a little bit but is not impossible.
Hi, traders! Let's take a look at the obvious trend - we have a few tops and a few bottoms. If the 1st top and 1st bottom are real, then we have a lower bottom than before which is a sign of trend reversal. In case it is false, then, we have two options: to have a higher top and continue the trend or have a lower one and reverse the trend. Currently, the RSI is...
Now, the price has 2 scenarios with short moves each. To me, it will be interesting what will come after that.