XAU appears to have compressed and potentially reversed out of it's wedge, typically when price consolidates it may take a while before it breaks out however XAU/USD seems to have a false breakout which will lead to a quick retest of the support line around May/April Check back mid 2018, however sentiment is pretty bearish for Gold, however people are...
BCH has formed a bullish pennant and might go for another retest of previous highs around 0.2-0.22 We currently had a sell off to 0.17-0.18 from bearish momentum. However, we have a bullish harami that just formed on the 30 minute- hourly charts this indicates a potential reversal back into the Pennant or a test of previous highs Either way BCH is alternatively...
BTC has an ABC correction with the first wave at the 0.618 from $8000 which is around $10,900-11,000 However short positions along with bearish momentum will push it lower
Bitcoin Cash is typically used as hedge against BTC. That means when BTC takes a smal dip, BCH will rise as seen the past few days, however it recently skyrocketed exponentially with the help of market-exchange manipulation and media/news influence. The RSI is literally out of this world and touched 125 zone 3 times indicating that it is extremely overbought, and...
As more and more people gain awareness into Bitcoin and see the increase in BTC price, we can only continue to go up from here in the longer & weekly to monthly terms for BTC/USD BITSTAMP:BTCUSD Logically who would want to sell BTC below $10K if it hit $20,000 a day ago? Thus the price must continue to rise, and rise until a much excessive parabolic move is hit...
Crude Oil is testing the resistance line and looking to make a shot upwards on the weekly. We are also seeing some potential bullish RSI signals indicating a push to the upside with a peak hitting around 130-145 USD and 72-73 on the RSI We may also enter a recession as a result of a giant parabolic spike in Oil prices as insider traders enter short positions...