BTC/USD, XRP/USD, ETH/USD, BCH/USD, EOS/USD, LTC/USD
DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Unless the market is much more bearish than anticipated, I think we've reached the bottom of this correct. Bullish candle and ~20% correction is complete.
Based on 16k correction, ETH may go up while BTC goes down. Either way, once BTC reverses back towards an uptrend, ETH starts an aggressive upswing.
Based on other large dumps, expect -20% to -25% in 24 to 48 hours.
Hammer candle on an upslope seems to coincide with coming very close to a reversal.
What it would look like if the 2017 peak above 11k was brought to the present.
Bollinger Band width bottomed, spike in volume.
Once we reject from 10k, I think we will correct all the way to CME futures gap at 7.2k. Based on historical rejections, this might take anywhere from 2-14 days.
Based on a similar set up on 11-17-2017 to 11-20-2017. There was a big dump, followed by a big climb, followed by a double bottom.
After the second bottom, it took about 3 days to climb 10%.
To learn more about NVT, read the first result on Google for "NVT signal".
NVT indicator shows BTC is overheated. It has not broken the support line yet, so we haven't found the top. But it definitely seems to be incoming.