breakout of this channel will allow nas100 to retest its break of trend line, and hopefully confirming trend reversal. keep an eye on these lines as if we get rejected we can see a nice drop before that.
we need to fill these liquidity voids, and the time to do so should be arriving.
Rising wedge plus multiple bearish divergences. need to break down here as we are conforming breakout.
i see think and feel btc at 20k monday.
If you take a close look at ethereum you can see many correlations to bitcoins price and volume action. Based on historical data, Ethereum is on the path to surpassing all time highs by the beginning of the new year
Xrp has had a healthy correction, bouncing very nicely off the .382 retracement level. Breakout of bullish pennant is also imminent.
USDJPY has been in an channel/slight falling wedge and is beginning to breakout should see more movement to the upside if we fully breakout.
the Nas100 is keen at following bearish divergences (as highlighted), and as you also can see there is a 3 touch bearish divergence here. doesnt look like the fed can hold up this market... we could be very close to a free fall as seen above. pay very close attention to this zone.
indices are about to have a big downturn. the chart speaks for itself
longest bearish divergence ive ever seen. if this doesnt play out then our fed is too rigged. no more words to say
xrp has been forming a bull pennant and looks about ready for its next leg.
a slightly bigger outlook from the previous post.. discrete head and shoulders?? this looks real good to me... now time to wait and see.
xrp has a 3 touch bullish divergence and should finish its parabolic curve at all time highs.
if silver breaks this trend line we should see a big drop.
we can see the bullish pennant that gold just brokeout of. we should easily make our way to the previous high, and if we break that we will go for more.
BTC has been nicely following its parabolic curve and is currently sitting on a major support. when we bounce off of this we are going to bounce hard. there is nothing holding bitcoin back after this. Bitcoin is also in an inverse head and shoulders and should easily have enough strength to blow right through this next resistance.
the DXY looks very weak. it has been swinging back and forth in this channel for the last two years but is now at the crucial turning point, the support. it does not look like it wants to hold this structure any longer. We should a movement to the downside.
USDJPY looks like its about to breakout of this wedge as lokg as it bounces off that bottom trend line and doesnt break its support. long if it starts going up from here, short if it breaks bottom line. structure zones are the price target spots.