Price is in a long boring wedge. Looking to long a breakout or short the break down, it is in far too much of a chop to be worth getting in a position now. It is currently making the first steps of a bearish motion, but I am out of this until the wedge breaks.
Description here: www.coinstreetnews.com Short term nearly ready to short. Long term l still loads of long potential.
Friday night, time for some shenanigans, and boy does this chart ever scream it.
sure, why not go long! 1D trying to break above trend. MACD is meh, but the buy volume of the last 2 days is the highest volume in a while. since so many other alts are moving and it is not, averaging here is decent.
Almost time to go long....waiting. Explanation here: www.coinstreetnews.com
description here: www.coinstreetnews.com
Description here: www.coinstreetnews.com
There is a FOMC meeting in June and a rate hike is expected......"expected". The only thing we can expect is that the Fed can not be predicted as to what levels they will stoop to to keep pumping the USD. Logic says wait for some green and buy around the meeting for a rise do to a hit on the USD. reality has shown that no matter what is expected the USD stays...
sure why not. it's at the breakout pivot now. eyes on the prize. www.coinstreetnews.com twitter.com
I dunno, who cares anymore anyways right. LOL. stuck in a wedge(of course cause it's BTC), if it breaks out the upper black line might be a trend top. Shorting the breakdown.
boxes and charts n' stuff. Drunken Master is long, let's pretend it stays bullish into the 9th.
still holding my long from before. decided to zoom out to the 1W and take a look. Now in an important price zone based history & a couple other indicators not shows on the chart. The current market fundamentals do encourage a break out of the zone in my opinion. when the top is in a short to sub 119 will be an epic haul for people that missed the party on the way up.