DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
HELIOS AND MATHESON ANALYTICS INC - COMMON STOCK, GROWLIFE INC., SPDR S&P 500, ADVANCED MICRO DEVICES, INC. - COMMON STOCK, BANK OF AMERICA CORPORATION COMMON STOCK, GENERAL ELECTRIC COMPANY COMMON STOCK
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
We can observe a breakout on the 2nd of January form a descending triangle (even tough this pattern is usually a bearish sign). We expect an move upwards matching the height of the triangle.
At the moment the price moves in a falling wedge, due to the preceding uptrend we can interprete this as a bullish sign. This is confirmed by stoch also being in the bullish ...
We can observe a breakout on de 2nd of January form a descending triangle (even tough this pattern is usually a bearish sign). We expect an move upwards matching the height of the triangle.
At the moment the price moves in a falling wedge, due to the preceding uptrend we can interprete this as a bullish sign. This is confirmed by stoch also beeing in the bullish ...
Heavy pumping is going on!
Short term (bearish)
market looks overbought (Stoch&accum/dist) after strong uptrend, median 1 of the pitchfork will eventually hold - trend reversal
median 0,25 served as strong resistance, will also probably give strong support
blue line indicates new trend reversal at 562. Dollar. Seems to be a good level to buy DASH
In case my analysis is false and trend ...
Hope the Bulls are going to kick the Butts of Bears big Time!
Remember amost everyone of in the OmiseGo team is also member of the Ethereum Foundation, including Brainchild Vitalin Buterin.
EMA 10&20 Support actual Bullish Trend
Breakout after fib 1 indicates Channel Confirmation at 494 USD
Take Profit before 494
High Accumulation indicate Trend Reversal (Downtrend)
Stochastic Indicator looks Overbought and indicates Trend reversal (Downtrend)
Channel Resistance Line indicates Trend reversal
Wait for Trend Reversal, ...
Did the Canceling of Segwit2 just provoked correction waves ?
Stochastic looks overbought
Will the original trend pursuit or will trend go back in the channel?
What do you think?