Alrightdude

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Alrightdude

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Alrightdude

BTC CMEs closed as strong bullish candle and at the highs of Jun 2019, Normally i would be looking for a further stab to the upside to 16850, but here are some problems Bitcoin is correlated with Gold, Dollar Index, SPX500, anyone who is saying its non correlated can be proven wrong, -Gold is looking bearish and toppy, since its positive correlated with bitcoin...

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USOIL, closed last months as bearish engulfing, closing below all previous Months, we rejected the 50% Fib retracement also the Resistance at 44 I would look for more downside: Target 1: 29 Target 2: 18 Target 3: 5 Target 4: -11

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Gold closed as Evening Doji star At the highs which indicates a possible top, We closed this months candle with selling pressure, but not a strong bearish candle, However i do think this move came to an end and we will pullback to atleast 1780, probably short term bounce there and continuation to 1675 and lower over time to 1560 where we could see a possible Low...

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Now this an interesting one, Traditional Markets Closed last candle very bearish as shooting star and with selling pressure, also we closed below the previous candles close, indicating more bearish momentum, We also confirmed the 4 drive bearish RSI divergence, which is hefty After the first bearish divergence we had on the monthly we crashed about 21.13%, 1 Year...