Sentences with phrase «still in a downtrend»

Although $ GLD is still in a downtrend, there are now 2 main technical signals and 1 other point that give me strong reason to believe gold is poised for a substantial, intermediate to long - term rally and / or bullish trend reversal...

The other major coins are also lower today, but they are holding on to most of their recent gains although Ethereum, Monero, Litecoin, Ripple are still in a downtrend that has been dominating trading since June.

Although $ GLD is still in a downtrend (until it convincingly breaks out above the $ 128 to $ 130 level), there are now 3 great reasons to buy gold in anticipation of a substantial, intermediate to long - term rally and / or bullish trend reversal.

For now, we're still in a downtrend, but price action did improve last week.

Bitcoin is still in a downtrend, as it is trading inside the descending channel and below both moving averages.

Not exact matches

This is where our objective, rule - based market timing model really shines, as it prevents us from selling short when the main stock market indexes are still trending higher (or going long when the broad market is in a confirmed downtrend).

While this week's price action was certainly a step in the right direction (so far), both the NASDAQ and Russell 2000 are now in «no man's land» because the indexes are back above resistance of their 20 and 50 - day averages, yet still must contend with resistance of their prior highs and short - term downtrend lines that have formed.

Coffee prices are still trading under their 20 and 100 - day moving average as the trend is lower and the downtrend line remains intact as that will not be broken until the five week high is broken so keep a close eye on this market as we could be involved in next week's trade.

While the recent growth is indeed a positive indicator - but the currency is still at a risk because even a slight downtrend can set things into a reverse motion and the price can fall back to where it was before the uptrend began - resulting in a $ 102 - $ 98 target on the lower end.

The coin is still trading in a corrective downtrend after the sideways drift today, and the short - term buy signal remains intact.

Despite the rally, the charts still suggest that there are more troubles ahead for bulls, with the short - term downtrend clearly being intact in the major indices.

Note that Google trends only shows the overall trend and not the actual search volumes, which means that some of these methods are still relatively popular, despite the downtrend in search volume.

The German index is still stuck in a clear downtrend as the European common currency it a new two and a half year high against the Dollar.

I still think prices will crack the 3 % level in the weeks ahead so stay short & continue to place the proper stop loss as I still believe the risk / reward are in your favor as the longer - term downtrend line remains intact.

The correction that started on Monday accelerated in the last couple of days, and a bottom could already be in after today's overnight rout, given the panicky market action, although a re-test or another leg lower is still in the cards, as the short - term downtrends are intact in the majors.

Ethereum is also still in a clear short - term downtrend following the failure to break - out from the broader bearish trend.

Until there is either a higher low followed by a higher high or a higher high followed by a higher low, the downtrend is still in action and it is most likely that the low has not been reached yet.

We remain bearish biased on this market and will continue watching for price action sell signals from resistance to rejoin the downtrend as we can see the longer - term downtrend is still clearly in effect and key support isn't seen until down near 1.2040 area.

There is still a stubborn downtrend line in place on the daily bar chart for December gold futures.

RINO is still in a weak downtrend, signaling deeper downturn move on Monday opening.

however those trades were with the underlying trend on all higher TF (which is down), and consistent with fundamentals (euro zone difficulty, US economic data still poor) and shorting after a large increase in downtrend is higher % probability, also they were close to their daily trend line a good place to go short

The coin is stuck in a steep downtrend, still on a short - term sell signal, and it is trapped below the key $ 400 level too.

Choppy trading conditions dominate the market of Bitcoin as well as the largest altcoins», but with the downtrends in the segment still clearly being intact, a test of the lows is likely in the coming days.

Talking Points — Bitcoin (BTC) continues to struggle to reclaim recent losses with the downtrend from the early September high still in place.

Currently, the cryptocurrency remains in a downtrend, as both moving averages are falling and the price is still below them.

But still price remains below the downtrend trendline, and in order for FoldingCoin to move higher, it must break above it.