GBPJPY have a breakout from Cup & Handle pattern. Currently is retesting a neckline. If you switch to smaller timeframe you will notice that currently is in a symmetrical triangle.
Target price $141.8-142.5
There is a high probability that bear market isn't finished yet. We opened a new monthly candlestick below 20 MA. What it means? It means that 20 MA become a resistance ($6650), and we will see in the future BTC price at $3000 on 50 MA. When would be it confirmed? On weekly chart when BTC falls below this year lows and weekly 100 MA ($5700), we will get a...
ETH started a nice recovery. We are now in a correction of the first wave from $167.05 to $223.99. I see entry point at around $195.6 (0.5 Fib correction and 1H 50MA).
We have 2 scenarios:
1. ETH break downtrend channel and go to $280, correct to $240-250, and rally to $300.
2. ETH is in ABC correction, and after touching $250 we can see another drop to...