Looks like a pennant trying to break up/down... Usually a pennant is a continuation pattern (Much stronger then a symmetrical triangle), if bulls get enough volume, the might be able to turn things up, but I see very low buying power, and thus I thing we will continue down... Thus Below 9400 we are going to continue the break towards the 9100... but if the bulls...
i tried to recognise a time patern hit the daily on the weekly its more accurate big moves are maid of this pts maybe hit so take profit and get ready vor both long and short
The next 3-4 weeks are going to change the long-term trend direction of the "S&P 500". The equity index is now at the edge of the edge of staying within the uptrend or starting a bear market. On Monday, April 2, 2018 most of the European stock markets were closed and bears used this situation to drag the "S&P 500" strongly lower that day. On Tuesday, April 3 the...
BTC PUSHED IN THE CORNER... WIN OR FAIL ? WHAT DO U VOTE ?
A break up here could reveal a very strong bull fractal repeating - if thats the case buckle up. A break down from here would place us on the top of the last channel 9400 - a likely spot for a sizable bounce. WARNING: A break below 9400 and i am no longer bull. I am neutral from 9400-8800. A break below 8800 and im back to the biggest bear in the...
Bullish or bearish - what do you guys think? These are possible ideas - it's yours to decide which one it will follow. Let me know your number in the comments - hope it helps you to make better dicisions.
I've been long BINANCE:XRPBTC since November of 2017. It's pretty different than other cryptos, at least in a sense. The long-term goals of bringing efficiencies to the bloated traditional financial industry, in my opinion, means that BINANCE:XRPBTC has nowhere to go but up in the long run. We've seen major movements as BINANCE:XRPBTC rapidly moves on the...
As you can see, BTC has just finished a classic ABC correction move following a much larger 12345 Elliot impulse down in a bear trend. I expect some sideways consolidation and a nice battle between bulls and bears. It's hard to make a solid prediction up versus down at this time, but what is likely is whichever bias is chosen it's really going to take off...
Another big sell off for CME futures settlement? Or will they come back and buy in prep for the next contract settlement? This could also drag out and consolidate into next week and if that happens you can almost guarantee a huge price surge toward the end :). I'll buy again at the bottom, if we get breakout past 1 Fibbo or if we survive the settlement...
If green was true bottom, then we should be waiting for a break of downtrend resistance line as confirmation. If not then expect to continue downward movement until intersection point that will decide the trend. If downward break, then purple as next support.
Bitcoin BTCUSD Decision to make here for day traders and others if running a decent profit today Trying to hold up off a tiny line of support that once broken should lead to an acceleration to downside and help achive the minimum downside target at 6312....so tricky here with spreads...if short and day trading from th sell point at 6943 we should be oK, but...
"Wall Street edges higher after Fed holds steady on rates" www.reuters.com
Observing the yuan shorting situation as it affects all markets especially bitcoin. It's possible that the current China Exchange ban FUD is a decoy for an even bigger factor which is at play. Bitcoin will follow the traditional markets which has been acting very weak as of the shorting ban. Tomorrow is 9/11, lets see. Good luck :)
Could be a crucial point here... and at least a short term doom, before it reaches 4000 by the end of this year
Hey all! What we can see here is a very clear channel that the pair has been trading in since the Brexit vote almost one year ago. From this, we can use fibonacci retracements to outline very clear and distinct levels that the price is using to bounce off of. As of today, the price seems to be entering a rather important decision point where it may attempt to...
USDEUR: Dollar is holding up off the lows but still vulnerable whilst trapped within the down-wave. Either it breaks out and should be followed or it breaks down and should be followed. No decision to make. Not overbought now or oversold...so follow the move when it comes...