T he major market index is the only index in the world to reach a new all time high and now has a double top . THE NYSE HAS HIT THE LONG TERM DOWN TREND LINE NEAR MY TARGET 13010 TO PEAK ON 4/8 AT 12970 . BUT THE XMI SEEMS TO BE TELLING ME THAT THE SECOND HIGH THIS WEEK IS THAT OF A WAVE B TOP WAVE A TIMES 1.618 = WAVE C FORECAST AND IT BOTH TARGETS A...
There has been really nice bounce and price is now testing the sideways resistance, if we break out and we manage to stay two 1D candless above the sideway line, then we could see rally to the first resistance (yellow line).
If we break more down, then we could see indices that Bitcoin is going to retest the 3.100 USD price.
The market is highly manipulated,...
I am sorry to say this bubble has burst and its time to get out while you still can. If you really want to be in ripple for the long term, look to buy again when its at 5 cents or lower!
I love crypto, but its time to be a realist. The bubble has burst and everyone will continue exiting until the dust has settled completely, which will still take years of...
EOS is currently still correcting. WXY has just finished, and after it hit a big support it bounced up, and is now forming an indecisive correction pattern (Triangle or ABCDE). Triangle's are relatively easy to trade so i've set up some important price levels in the chart that will be decisive as to which direction the price will be going once...
Very exciting price action in the past hour looks like we are now back above the 4hr 50ma and appear to be breaking up out of the symmetrical triangle...this could be another megafake the other way of course so we must take that into consideration and still watch for candle close and follow up confirmation candle price action but at the rate it is flying upward...
Uj has shown alot of indecisive price action on the past month, this pair unlike other Yen pairs has shown more bullish arsenal than bearish.
I will wait to see which end price breaks towards in the MONTHS to come before engaging in this market again.
At the moment it is not worth the risk.
Must apologise for rubbish call yesterday and no follow up.
Was expecting a period of light relief over the weekend. No
such luck. The spike that came shortly after the match had
finished was a big one and the ensuing rejection period
flipped Bitcoin straight back down to the lows again and
triggered a short from 7399 as it broke below...
EURUSD Trying For Break-Out Counter-Rally now
Using DXY as the confirming signal (please see DXY updates)
we've been short EURUSD for some time now, looking for a
test of 94.20 on DXY as the likely medium term top for Dollar
strength across the pairs. That came yesterday (too busy
shorting Bitcoin to notice, sorry for that).
But EUR didn't quite make it to...
DJIA Dow Jones Industrial Average Futures
The Dow has had a torrid time for 3 months now, falling 14%
from the highs and bouncing three times directly off the
longer term parallel underpinning the rally - and which had
acted as major resistance right up to the point when the new
President/Paradigm took office.
Over those 3 months of wild gyration and whipsaw...
Watch Out When Breaking $10,000
Since everyone expects a bull market as soon as we break the $10,000, I imagine the drop will come much sooner than expected.
So I could very well imagine that the market is going to fool everyone like everytime.
Therefore, you should take care very well.
Again and again I read in the comments of 'Top Authors' that people will do...