Buyers react very strong based on last hourly swings.
Market is still in bearish zone but buyers defense their support very well. They keep and keep defensing each support higher. So the price might continue higher and stop at levels I marked.
If Buyers break throug then, the important data is how hard.
Stay tuned with ongoing and enjoy watching
Ripple tried its bull run twice time. Theirs few Higher High attempts failed, so we need last Sellers on last retracement, get them tired and then buyers will get open spot.
Ripple is late currency and is waiting for big adoption tech, what will later bring huge profits. It's not easy just decide we're gonna cross board transaction... I believe, before real bull...
We need Sellers to Buy stronger. Next bitcoin short term might be stresfull for Buyers. Short to 7000 - 7200k can take time to recover. In first example buyers might hold this level longer time till next buy. In second example, buyers might defense very strong and react faster. In third example, which is same possible, buyers don't show enough power yet for...
Ripple is third most important crypto currency based on market capitalization. Many believes it will go up soon and I agree. But if you look at volume and some key support levels XRP/BTC pair didn't touch, it might go first down to support levels between 4000 and 3000 satoshi.
About new: Ripple cryptocurrency delay exchange launch for next month (july). There can...
The EURNOK shows that is it on a downtrend on daily timeframe
Therefore I am expecting it to touch the outer trendlin since the inner trendline has been broken meaning it is going to re-test on the resistance
zone at 1.74046 and should make a touch on the outer trendline.
Normally I do Forex, however some of my friends asked for the analysis of the Vietnam stock market, so I publish my analysis about CTG or Vietinbank Stock.
As we can see, the uptrend is on the way currently on D1 which shows the fairly strong momentum. Meanwhile the down side shows the weak momentum on the way back from 18/03/2019 so there will be the high chance...
- on a day chart we are bearish
- currently we see a sideways market
-we could get a bounce off the support line
- Market turned at this level previously
- Circle market in blue is an area of interest.
- Things to look into would be CADJPY as these pairs act the same to an extent
Check out the analysis of CADJPY
Al cierre de hoy, apple esta tocando el fibonacci 61.8% y todo indica que lo sobrepasará. De lo contrario un rebote y comprar Long. Hay que esperar como se comportaría y tomar decisiones.
Advertencia: no es un consejo financiero.
Cualquier inversión de esta naturaleza podría conllevar la perdida total de su dinero.
Since we're still below a major resistance, it's also possible to look for bearish scenarios. We will know what's going to happen once we have a break on either side.
If we break down from here and below the daily breaker (+ daily horizontal level), we'll be looking to short the retest and aiming for those lows there.
Again, wait for confirmation and trade...
That green area is a daily bearish orderblock that is now being used as a resistance for the third time.
So far this is the longest consolidation inside of it since we broke below in March 2017, which is a good indication that the resistance is weakening and may be broken anytime.
On the 4H chart, we've hit the local sweet spot for a retracement and are...
Possible shark pattern and falling wedge upward break.
Still waiting for a confirmation before opening the trade.
If pattern is confirmed a not particularly risky target would be 0.00007950.
Stop Loss: 0.00006000
I am waiting for it to retrace to the 78.60% area (fibonacci), which is also a support & resistance area. If it stalls around that area, or if a indecision candle forms at that area, i take the trade to go long! I think this is a very bullish move, lets see!
THIS IS NOT FINANCIAL ADVICE!
Happy trading everyone!