KRAKEN:ETHUSD can have a few day to get ready for the next bull's triangle or accumulating for one of the classical continuation patterns (FLAG or something). BUT ONLY IF the Bitcoin will continue it's organic growth towards 3700-3900$ and will slowly form the classical trend of impulses and corrections towards a higher target. For the ones that want to ask or...
As we already know the Bitcoin's uptrend is having it's corrections on Wednesday or Sunday. So it's around the middle of the week or the end/start of the week. This is an educational post that shows the possible correction happening in this timeframe, working it's way through the Fibo Fan and Retracement and might find the support for the next impulse at around...
This is how the fibo fan and fibo retracement looks like in the crypto market on BTCUSD
BTCUSD and the 1st of August that everyone is waiting for can make a big move up if the flag pattern is confirmed. BITFINEX:BTCUSD
POLONIEX:ETHBTC Is at a divergence's roundabout. What u see on chart is: *Fibo retracement and the 61.8 big support] *Fibo fan on uptrend - the price is already out of the fan zone] *Fibo fan on the downtrend (this summer's drops for eth from above 300usd to the price right now)] *RSI with 45 and 55 levels for entering the trades and exit...
This is normal. The supports are there and must be confirmed in every direction.
BTC is going to be there on UK elections next week, all over the summer and on GE elections and so on. The new "Crypto Safe Heaven" is more and more like money in the human perception and it's performance is remarkable!
On a monthly chart - Noticed this? What's going on? :P
I think we are going to see a weak us dollar if Trump lifts the sanctions for Russia and the oil hits a higher price. Is this 2017? Could this be the Trump Turn?
The BITCOIN went bullish like crazy But now it's time to be careful, all you bulls out there! Some correction may happen, if we judge the bitcoin price as the normal/usual currency price that we trade so often. Even though it's a crypto and some rules may be different for this instrument, the fact that Donald Trump got elected set a pivot point for the day DT...
The market is taking a "huuuuge" profit and it's about time! The elections are over, the tension is out of the system. Using The Divergence you can see a SHORT BEAR ATTACK is about to happen on the SPX500 and a BULL ATTACK is getting closer to the EURUSD. But I think it has to happen fast, because we'll make some more money on the FED's HIKE. And that's close too....
Looks like Apple knows it's way in the markets! They might just manage it very nice and continue to drop as a big correction! (FED hiking program) They can't sell as they used to. Not the same "product". The will come up with some kind of inovation. Just look at the picture. We're talking more in our private club
FX:EURUSD SHORT BEFORE THE NFP (if the sentiment is long) *buy limit NFP Long after NFP (the sentiment should be short)
Testing this AndrewsPitchfork on EURUSD M15 and it seems like a super good tool to play with!
This is made as an experiment using Andrew's pitchfork. I think the long position will last until June.
After Greece and the Eurozone will get some deal done and move forward, no other Greece problems will be considered worthy to sell EUR/USD. The Fed Rate hike will just come at the right time, when all the retail traders and all the herds in the world will be buying Eur ( #eurusd )