BTC/USD, XRP/USD, ETH/USD, BCH/USD, EOS/USD, LTC/USD
DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
NEUTRA CORP., BANK OF AMERICA CORPORATION, VANECK VECTORS ETF TRUST GOLD MINERS ETF, POVERTY DIGNIFIED, INC., CHESAPEAKE ENERGY CORP, GENERAL ELECTRIC CO
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
"the bigger the base the higher in space"
Waiting patiently for the price to breakout...
If the price can breakout of its overhead resistance, a measured move would target $0.65
making higher highs and higher lows while attempting to breakout of its base with the RSI in a bullish range.
This relative strength chart shows that at the end of 2018 early 2019 Bitcoin went from under-performing to outperforming Gold. If this ratio breaks 4.8, Bitcoin continues its out-performance, if it fails, back to Gold.
...after a few days of consolidation around the 61.8 retracement level of the October to December 2018 decline.
other crypto currencies are also near their 200DMA
(BTCUSD, ETHUSD, IOTUSD, DASHUSD)
could get interesting from here....
risk/reward well defined
Waiting for a bearish candlestick pattern around the 1.1355 area (red circle), and RSI to roll over below 60 area.
Is the 4th time still a charm?
or is that the one that drags everyone in before drowning?
Go with the flow and add a trailing stop.
good price action follow through
on absolute and relative basis
vertical moves usually do not last but... WOW !
making higher lows and higher highs
a measured move targets $69
Will this work? No one knows, but the risk/reward is compelling enough once the breakout occurs.
Next resistance $377-$385 then $400
can it finally break its resistance?
or will it fall back into its broadening formation?