The final chapter of BTC symmetry, the market would be slowly moving sideways and panic sellers should be out of the market by now. Are we back to bull trend? No Are we done with correction? Maybe Are we still bearish? Yes Can we go lower than this? Maybe Is BTC will ever hit ATH again? Yes Korea is going to ban crypto? No, just strict regulations Is China...
*We are still in ALT bull run* If there's any news about regulation in USA or Ethereum takeover the first place then we can dip upto approx 8k. If there's a china mining ban or Korean rumours to ban crypto we could easily dip upto 5K otherwise we'll still be in ALT coin bull run. Personally we will still touch 11k-12k as the BTC is still bearish overall. “Be...
BTCUSD: Buying BTC at its cheapest price
Spike - this is very interesting spike, I believe a whale entered market here, but such spike, means huge volume = someone have very big reasons. And whoever he is he knows something what we don't know. From that point price reversed to a uptrend and very volatile. My suggestion is - follow the whale. Resistance - if it brakes resistance our TARGET1 is...
AUDNZD: Buying NZD where many people fear to buy
EURAUD: Buying EUR at its cheapest where people often fear to buy.
CADJPY: Buying CAD at cheapest price where most people fear to buy
Had some fun on this chart... Check it out! Like or comment.
The EUR/USD appears to keep a steady position for about 2 days at a time. In the past couple of months it has been higher then it currently is. And based on the given data it will get back up to about where it was 07/10/2015
As we all know the EUR and the JPY are both weak currency (QE and QQE), but here is where the risk on/off may play a big role, in this case they are one opposite to the other. I believe a risk off type of investment is just around the corner and so this cross could play very well. Technically a big reversal pattern is on its way, we are already in the first area...
As the charts begin to turn more bearish, we are forced to look for some sign of a turnaround. The trend, which has been going on for over a year, appears to still be intact. I expect that we will either form a double bottom as we did back in 2011 (I will link to an interesting chart by lowstrife that caught my attention), or we will have one final leg down to...