It appears that Activision is about to do a TK Recross (above cloud) on the weekly chart.
TK Recrosses are some of the most bullish signals I know, and some backtesting seems to show that it has been a successful signal for entering longs.
In my opinion, we could be about to see another TK Recross. What I find peculiar about this one is that it looks quite...
ETH found short term support on 2 hr cloud, and got rejected by the Kijun (red line). A break of TK could give a small boost and if support holds, continue to 1000 $. Still not very strong though. Another rejection at 2 hr TK, will bring ETH down to test cloud support. If that is lost the momentum downwards could increase. In other words, still a no-trade zone....
Most people's ALT's took a hit over the last week. But GBYTE has been particularly resilient to FUD, as well as the BTC correction. If the trend GBYTE has been on since the start of December continues, we would see 1GBYTE = 0.2BTC by end of March, when a favourite BTC hawk of mine, @CARPENOCTUM aka #33kMoku, predicts another major correction.
I'm considering...
