USD/CHF tested resistance and is rejecting on small time frames. We will likely see a small pullback to the .9875 zone and seeing if support is found there.
AUD has been performing strong and I think we will continue to see that against JPY. On the 4H chart AUD continuously is pushing and holding proper S/R levels.
We have a tight Dorito squeeze incoming with good momentum. On the daily chart we see that the Tenkan line has crossed the Kijun line as well as the lagging strand
showing an upwards trend....
Just a week ago everyone was predicting the BTC bullish movement to continue but there were some clear signs that this was unlikely. It seems as if some emotions were tied into charts. BTC has dropped down to our predicted level now and looks to continue to press downwards. Price is approaching the cloud and will likely test the bottom of it unless we see a strong...
Bitcoin has made a great push but is a little over extended now. BTC needs to check back before continuing much more forward momentum.
MACD is headed downwards, RSI is topped out, and NVT is at the highest levels BTC has seen. The Ichimoku cloud shows BTC headed back to retest the cloud (IMO).
#1: First BTC is looking to check back to the 7200 range from here...
Good morning everyone,
ETH still seems to be in muddy waters. First, we have the price finally breaking the cloud. Next up we have the lagging strand hanging in the cloud as well as being below historical price. We also have a weak downward cloud starting. I mostly believe that with no signs of ETH flipping to the bulls with bearish Ichimoku signs means we will...
Good morning to you all.
Here it is looking like we have a short term setup for a short on ETH. We have ETH continually testing the 4H 100 EMA repeatedly which matches with the Ichimoku cloud very nicely.
If ETH cant turn around soon and stop the continuous push on these lines we should test areas near the bottom of the cloud.
If you are entering this trade I...