Interim

Interim

Comparing with what happened in 2015, looks like we wont be dropped back past 7000 for a long time.

Interim Updated 

Daily RSI approaching 83. Significant pullback is imminent. Possibly will fall close to 125 day moving average on daily chart (5500), however given increased attention from institutional buyers and the general public, I expect it may reverse to an upward trajectory earlier (possibly at 7000) so I'll be placing some staggered buys for the journey downwards.

Interim Updated 

BCH looks like its ready to make an important decision. Do I move up, or do I move down? Personally I'm bullish on BCHUSD but am cautious this may retrace further. I'm setting a buy trigger at 1640 with stop loss at 1500. If buy doesn't trigger, no harm done :)

Interim Updated 

One possible scenario. The chart suggests a possible further retracement based on two tops against the upper parallel. I am not recommending to short and a believe it is more likely to continue higher given the fomo thats clearly in play.

Interim Updated 

Looks like IOTA could be forming a large pennant.