IOTABTC is forming an inverted head and shoulder for long term holders. Please note that this may change based on mother BTC coin.
Best time to enter IOTA is near right shoulder and expect a breakout near the neckline with 35% profit reaching target 7400- 7600 sats
IBEX short-term Elliott wave view suggests that a rally to 9668.31 high ended blue wave (X) bounce. Down from there, the index made a declined in 5 waves impulse structure. And ended red wave A of a zigzag structure at 8850.20 low. Where the lesser degree black wave ((i)) ended at 9471.20 low. Up from there, a bounce to 9542.80 high ended black...
USOIL crude WTI bearish divergence in H4 RSI overbought SHORT
With no real vision in sight to decrease the current oilpumping capacities,
I expect USOIL to get back to reality and at least make a short move back to its uptrendline from february lows.
40 is surely in the cards. A move below might open the door for 38 and further 35.
"35+ years channel still intact. The lower channel did hold, amazing. But price still stuck in weekly range, now it should challenge last highs around 1.15. Notice that there is the highest monthly close in a year. Is a new bull cycle starting right under our noses?" Piet.Hein