We're looking around the 0.22 before another push to the upside. This area may come off a key level and psychological level in price, coinciding with a trendline bounce that has been respected for some time now.
Lots of positive fundamentals around VeChain - lets see what happens!
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We have already previously retested the resistance turned support at the previous ATH price of $3.79, however with the current bearish momentum of BTC this is dragged all ALTs down with it. It looking very likely that we reach this price once again before a continuation of the upwards trend
Bitcoin is looking good! We are again looking for the Range High and am curious to see if we are going to look for liquidity and end up back in the range. It would be a nice option to give the alts some additional room. On the other hand, I personally think we have ranged enough and are ready for a new ATH
Yesterday we experienced history as ETH hit an all-time high! It was not a clean slate cut - before ETH could even breach 1500 mark, it was heavily shorted and had to go up and down around 9 or 10 times before it hit 1502. Once resistance was broken, ETH took off! Across multiple platforms, you could see ETH frenzy. Many were celebrating and many were crying. We...
This is a simple analysis for GBPJPY could break the level of a 5 month old high and can make that level a support OR could come back reversal to the bottom level and make the previous high as a resistance zone..
Comment your thoughts :)
Eth stormed into new all time high territory yesterday. To ensure that we stay bullish in this alt season the bulls should retain ATH level as support. If we see a resumption of the support line today this is very bullish and means we would enter price discovery territory.
This week I will be keeping an eye on the UK based REIT SGRO, their main business is managing industrial storage units, the stock is within 3% of its all time highs and is consolidating nicely around the 662 level. The consolidation has been a bit all over the place for my liking and that skews the entry a little bit as I like to clear all previous highs with my...
I developed an indicator, the Saracino Bitcoin Momentum Index (SBMX). On the monthly chart it has been a reliable indicator of a bottom in the past bear markets and right now it is giving a bottom signal for 2018/2019 bear market.
I officially call the bottom.
Exemplarily, the S&P500 rebounded on its 61.8% Fibo-Retracement. Also there was the correctional high of October.
If the S&P500 can´t close above 2.820 points, it is in a short-term downtrend . The next first target would be at about 2.610 points.
If the bulls still do not take the scepter, it can slip one more level to 2.480 points.
If we see the...
Last post: June 30th. See chart .
Review: Price was heading up towards the previous all-time high.
Update: Price has now started to challenge the all-time high resistance level.
Conclusion: We need price to clearly break through the resistance level and stay above it, then we can start to look for long opportunities.
Any comments or questions, do not...
Last post: June 1st. See chart .
Review: Price was starting to make new all-time highs and was looking strong.
Update: Price is still looking strong and is currently doing a pullback.
Conclusion: We need to see a breakout of the previous high before considering long trades.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs...