USDZAR is trading in the channel of the market, while the market will be breaking the channel and then the market will finding another resistance in the above. Let's see
Bitcoin has made a strong recovery after hitting the local low of $45k. However, it seems that the down-sloping resistance is holding once more. Since this trade is purely about the bull trap, the stop loss will be held relatively close in case Bitcoin will indeed make the full recovery that so many hope for.
On the chart I’ve marked two potential areas of...
BTCST has been performing very strong over the last couple of days. Even when BTC saw some turbulence, BTCST kept strong and over performing the market.
The current break-out is a relatively strong one, plus it bounced off the top resistance after first breaching it: classic break-out pattern.
I've marked two areas of resistance, $400 and $600, as potential next...
Still many possibilities, MO. 1st step is busting out some of these smaller channels and breaking some highs or lows to get a better clarity of count. I have a plan for a break up and a break down, do you?
ICX in falling wedge and I expect a breakout upward. Price is close to 1D accumulation zone and the fractal on the left shows that last time ICX was in this price zone it broke upward for a 8% gain.
