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Today we all expect that this move to 1,1500 will be confirmed and we have to point out 26th of Jan as an important day.
The upside potential is still there and we could look for long day-trading opportunities.
We're also expecting that as price goes up it will slow down around the 1,1550 level. However, we won't look to sell until we have a confirmed...
This is the best time to sell, it was predicted that it will get to 100k before the year runs out, I don't think there will be any further bullish run for now
Cryptocurrency markets have rebounded in the last two weeks. Ethereum has taken the spotlight of 3,700 to 4k , but now attention could shift back to Bitcoin . Consider first the daily chart , where Bitcoin...
Bitcoin is down -40% from the November 10 High (and All Time High ( ATH )) and once more the market is on full fear mode. This is not the first time we have come across a sell-off like this, in fact we can argue that such big pull-backs are a necessary process during a long-term bullish trend and have historically paved the way to even stronger and more...
Since November, DXY has become strongly bullish with the index breaking above VERY IMPORTANT resistance.
If we look at a longer daily chart we can easily see that at this moment we have a major shift of trend and DXY has a lot of bullish confirmations, starting with this break, but also with a double bottom in 90 zone and, after the second bottom in June, a lot...
I would expect retracements to fill the imbalance but it is not necessary. Price is bearish so until we get that we want, we cannot look for buys. However, I think it will make a little run, after we can consider a setup like this
all fired up
Cryptocurrency markets have rebounded in the last two weeks. Ethereum has taken the spotlight because of EIP-1559, but now attention could shift back to Bitcoin. Consider first the daily chart, where Bitcoin is in the process of forming a bullish way too confident