ETH bull bear line is (has been for years) 365...
we're favoring a return to highs as of now. this gets confirmed within a couple more daily closes above 2810. invalidates completely below 2720. a double top would bring us a target of SPX 1000. 3400-2200= 1200 --- 2200 - 1200 = 1000 we have many reasons to assume such a target is not only possible but likely. if we get a higher or a lower high then no...
gold resistance at 1800 and potential cup & handle
Three Drives Simmetry Targets Roughly SPX 1000 in a couple of weeks. Followed by a bounce to somewhere between 2300/2500 (2500 being the 0.618 retrace of the move from 3397 to 1000).
eth/usd looks like it has one last leg up before more sell arrives. long now, carefully, short around 330/360
I really doubt you'll still get a chance to short the upper side of the flag... imo anywhere near 2900 is fair game with stop ABOVE/Outside the flag. not trading advise. dyo dd.
i tend bull, but beware of the strong possibility of revisiting the lows during RTH. trade safe
The butterfly gave us a nice trade already. friday before close price rejected @ key resistance once again. we anticipate a second sell of towards the second target. watch your entry and stops, ideally wait for 1 or 2h close below 8008, this should be confirmation enough. trade safe. * not financial advise
long to top of the wedge then short.
SPX seems to be reaching the fatal fibo extesnion.
Isn't it beautifull? Look how it perfectly shows how foolish are the dreams of men...
A projection similar as the one from 7728 to 8854 would bring the S&P to around 3020.
I expect this moves going into the weekend.
So you want to short BTC? Welcome to the Club. Notice that if during the last few weeks hot air movement any support was build, that is the pink box, so better think twice before shorting here. Now we could see this support build strength for a move up to either: horizontal resistance @ 8200ish, wedge retest @ 8400ish hourly fakeout candle @8900ish Fibo...