Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CAD, USD/CHF
Apple, Advanced Micro Devices Inc, Amazon Com Inc, Tesla, Inc, Netflix, Inc, Facebook Inc
S&P 500, Nasdaq 100, Dow 30, Russell 2000, U.S. Dollar Index, Bitcoin Index
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Bitcoin Retest of support 10230
Idea is that we pull back. Stop loss 7.1k target 6.5k. Risk reward 5:1
Inverse head and shoulders pattern.
Short-term see it going back up.
Good time to go long, see 123 bottom pattern. Going in a uptrend to retest resistance. Target is at 420'0 on resistance line.
See a mid-term correction back to trend line.
Has tested the all time high several times and hasn't broken to the upside. Expect a large break down and huge move down.
I predict bitcoin selling off and bouncing off at one of the support levels. Put two different scenarios in arrows.
ETH/BTC short idea
Really low volume and spike candles may not be a true break. If it starts moving down I see it bouncing of the longer term trend line. We may revisit 700-705 not bearish unless this level is broken.
Looking at a potential breakout with upside. Possible we break to the downside back to the 700-705 support line.
Support in the 705 area expect it to bounce of and consolidate before testing the 770 area then possible break to test newer highs.