A potential double bottom is forming on Gold. We saw the trend line down from 2070 being broken, diving back down to the low of 1616 area. Entry would be placed at retest of the validation line at 1730 and tp would be ~1845 completing a 1:1 price projection.
BTC in a descending triangle (continuation pattern)
Distance from the trough between peak-to-peak (~65k to ATH) will be a 1:1 projection down from support which acts as resistance
Price projection from both 1:1 and descending are in the same area.
In my opinion, ETH is developing a large broadening wedge and within it, a non-failure swing pattern that is playing out beautifully. If it hits that support, It will create resistance at 1350 then fall below down to the bottom of the wedge at 800 area. I believe it's final destination is ~400 and change.
This is all based on where price hits the support line for...
BTC bounced off 160 dollar support line, on a log chart, 3 times before launching to ath of 69k. Using the low setting anchored vwap, we get a reading of high 13k area. This also coincides with a falling trend line from 64k, and the drop from rising wedge that is being developed.
I think a short to ~14250 is highly probable.
KNC has had a steady bullish trend from late February to April 28th where it began it's decline below the trend. Max height above the trend line appeared from Marth 8th - March 10th. A one-to-one projection of the distance that price has moved farthest from the trend line from the break out would allow price to bottom out very close to the target falling to an...
US stocks continue to get hammered and the Fed continues to raise rates and tighten QE. In my opinion is this going to have a negative impact on the crypto market IF NASDAQ continues it's decline and DXY continues to rise. This is a pretty standard non-failure top reversal formation which is quite bearish.