TRADING SCENARIO : (A) : Long at 16500.00 $ - Target : 17500.00 $ (B) : Short At 16900.00 - Target 16250.00 Good Luck .
Seeing the previous resistance is still acting as resistance. I don't see anything then what's on the charts for now until a higher high and trend reversal as per chart is taken out.
The red lines are resistances.
This idea which I have seen shared quite often is still at play. We are currently at the bottom of the channel where support is strong. Price target for summer 2018, 28-35k.
Hello. So in this bull cycle bitcoin has had small and large breakouts along the way. The prehalving breakout was the largest one, but eventually price returned to mean. I think we are witnessing another breakout, that may not be as big as the pre halving breakout, but a breakout none the less that will eventuall return to mean.
ETH is close to lower line of ascending triangle. We saw 3 times test of 200ema in triangle and 4 times test of 100ema. Those 4x 100ema testing showed weakness of bullish trend in ETH imo. So ETH should back over 100ema at daily chart ASAP or will test 200ema and that would be dangerous for ascending pattern which we see now. Short ETH? If we break 200ema at...