So far what we 've seen on BTC?
We' ve seen breach of 8000 in a form of a tripple bottom.
We had breach and retest od 10k level which occur soon, but as per tech side.
Daily StochRSI nearly peaked so 13.500$/BTC will be the mathematical and funamental maximum of BTC price judging per any perametar given and available to research.
Since the beginning of July, Dax30 is consolidating(distribution in my opinion) in a timid H&S (timid because you can barely distinguish the head from the shoulders)
Now the price is at neck-line support and in case of a break the next target is 11500
Look to sell rallies or sell the break
its been days since DAX30 rejecting @13283 zone as there is a big potential that it'll keep rejecting @12907 zone for now we'll be waiting untill price retest red rectengle zone then its may fall towards @12524 level
Let's see what the go is.
This is a long term view based upon one very important principle.
Why are we selling?
Price is expensive and volatile - during the election process in the US, the worlds relationships are affected
The election is coming closer <45 days.
The S&P500 and NAS100 are not shown here but use reference for our previous ideas to show where...
Although accounting for a ~+2% currency advantage over US indexes and for an annual +5%-6% equity (stocks) advantage over US stocks, in general,
all that means is that the DAX will sink somewhat slower/less than it's US counterparts. E.g. one should sell this - SHORT -, freely here, as well.