Longs playing out from WK demand I have been pointing out for a long time. I am long from WK demand on BTCUSD and other crypto's, looking like we could be seeing price reacting to the longer term MN and WK trend. Long bias for sure, no shorts. Happy Friday all, have a great weekend!
The last one didn't seem to have an effect!!! So if this close's before the drop down on the shoulder, We will supposedly start the trend up instread?? Does the daily timeframe run on Washington US?
Tenkan turning down for bearish cross above cloud (weak bear), cloud entry signals cloud clean end to end move. From fib perspective from that point we should head lower. Targets and trade marked in chart, trying to enter above 9600.
Well looks like ADA is moving on down a bit. Let me know of you thoughts
As long as bitcoin remain consolidated I expect XRP to continue the move it had not too long ago. With a likely push to mid 15,000 satoshis once again. If bitcoin remains bullish and continues its break out, ripple gives a nice short play vs the BTC pair, with it likely heading to test the lower support once more. Trend : Consolidation/Retrace Play : Based on...
ETHUSD testing resistance to start down trend, possibly test at 760 support zone to continue downtrend
Highlighted in the youtube video last night, the bear break of the hourly equilibrium is flushing the big 3 and alts. We are entering hourly oversold conditions which have resulted in solid bounces over the last week. Cautious to not catch a falling knife, as BTC is clearly weaker than ETH and LTC this morning. Daily chart is on the third day of consolidation,...