BTC – Wave Analysis During the previous trading day, Bitcoin lost value considerably but is still above this week’s opening price. Despite this drop, we still expect a possible momentum towards the upper trendline. We’re basically waiting for a rebound from the upper trendline to look for a short position with an ultimate target at
XRP – Wave Analysis Despite the previous forecasts that this crypto could rise towards 0.4275, ripple has not made any clear moves to the upperside. This crypto is still consolidating below the daily level 0.4275, and should rise towards it. As we mentioned few days ago, as long as the price remains below 0.4275, we
GBPUSD – Flat Wave Analysis During this week, the cable has been in a constant up trend and is now approaching a key weekly resistance level 1.30612. This is a potential sell place and as long as it protects the upperside, we’re waiting for a clear rebound from it to pick a long short position.
EURUSD – Up Wave Analysis After a momentum to the upperside earlier this week, euro is currently pulling back to the lowerside but is still above 1.15967-1.14430. The zone just stated above is a key weekly supportive zone and as long as the price remains above this zone, we expect nothing but a possible momentum
XRP – Technical Observation Ripple is currently trading with a neutral bias. While the price is within this wedge formation and above 0.30793, I’m waiting for a breakout above the upper trendline to look for a long position towards 0.4575. On its way upwards, the key lines to look for include 0.39690, 0.42105 and 0.4455.
ETH – Technical Obsertion ETH is still within the contracting wedge formation. While the price is still within the rising wedge formation, I expect nothing but a possible rise. And should the price breakout above the upper trendline, then this will be a good place to look for a long term long position with an
BTC – Technical Observation BTC is still within the rising contracting wedge formation and is now showing signs of breaking above the upper trendline. I’m waiting for a clear breakout above 7111.55 to pick a long position with my take profit at 8171.10. If you’re not in an upward position already, you could wait for
Dear traders, Euro is a perfect asset for technical analysis strategies. As euro is base currency, we often see strong trends, and every trader can receive high profit. Meanwhile, we make trading conditions better for the majority of pairs with euro! As a matter of large change in trading conditions, we make spreads more competitive
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XRP – Wave Analysis Nothing much happening on this crypto. We’re still few points below the daily line 0.4275. Nonetheless, we still expect a momentum towards this level or even a possible break above to pick a long term long position with an ideal take profit at 1.1400. If this target is take out, then