I mean, I know it's quite out there...but. What if?
In April 12th Bitcoin's price shot from 6.8k to 8.1k in less than 10 minutes. I remember waking up, since it was 7 am where I live, looked at the price and was surprised to see a sudden drop from ~7k to ~6.8k. I went to the kitchen and started my coffee, took the dog outside, came back and turned the computer on. It light's up in less than 30 seconds. Cryptowat.ch...
ETHEREUM ETHUSD In danger of forming a top and must hold 798-793 now to avoid falling back to 770 at least and maybe 750 and 715 - but so long as it can hold out and trade sideways off 798 it cannot be sold off. Maybe use a stop here and if hit put buy orders in lower down - that way maybe you get more Eth for your money.
If price shows determination to break TL - possible short to next key resistance.
ETHUSD ETH is breaking down and extremely vulnerable whilst below the resistance line falling from the highs. It's a sell off that line, with stops above it. It looks like this will fall away in stages, with each fixed line of support offering a chance for day traders to close shorts and then sell again as it rises to test the line above it. There are some nice,...
LITECOIN: LTCUSD Negative now due to Bicoin weakness Things have taken a turn back into into negative territory for Bitcoin and Litecoin has suffered as a result. What was fine yesterday is now very vulnerable because of Bitcoin. Bitcoin itself is very negative and should fall another 1000 points from here. But it's making a feeble counter rally right now and...
Bitcoin: BTCUSD Update Quiet: No Buyers/No sellers, yet So we got the rally from 6300 - the 6312 level has been constantly mentioned recently as a minimum downside target. And it so happens that 6301 is 20% exactly from the high, a text-book retracement. So am thinking that we need to pay it a little more respect next time we visit it, when this little counter...
UKOIL Brent Spot: Like WTI it will hopefully get sold sold off on open in Far East about 10pm Eastern US time - if it does it should present a good buying opportunity at 51.09 for rally to 52.53, then 53.50 - worth setting a buy order up and seeing if it gets struck - and if it doesn't do the ideal and rallies from here and not lower down, it's still worth...
Apple: Should rally up to 163-4 this week coming, at which point it will become vulnerable to profit taking - if we get there...if we do reach this level it's time consider flattening off longs and think about a near term short back to 154
CRB INDEX tesing critical support at 176.721. This level separates the last Bulls from the Bears. If it fails at any point by more than 10 pips it will turn already poor technicals even more bearish and signal another significant down-wave across most complexes associated with this index has begun.
XCUUSD Copper Spot: Interesting chart pattern that offers opportunity for shorter term traders and a great short set-up with 10% downside if triggered later this Spring
recently broke its high, if it struggles to break the Resistance it will fall back to around the low 3's (make sure to wait for indicators to show signals for reversal)
If the trend line breaks, target fib 1,272
Wait for the next candle, if it breaks the daily pivot, short
long if 1.33900 support holds, finetune with derivative, look closer in from out, and sequence with integral divergence lots of support to the left
AUDNZD GOOD LONG OPPORTUNITY IF DOWNTREND STOPS
l If the interest rate policies that can sustain the pace of gol