marketstructure

Price Currently at 108.357, which is daily support level. Price has held at this level for the past 3 days and would expect a push up towards 111.708, which is daily resistance. Anticipating a drop to the 104.700 region. however would observe once price drops back to support!!!

GOLD has been on a tremendous run of recent and continues to test new highs. Looking for the market to have some form of correction however if the USD fail to kick in we could see the trend line being used as support and a break up to $1400.00. If we were to break lower we could see GOLD re-testing the $1300.00 level.

The BTC/BCH Pump & Dump is an interesting aspect of the amount of manipulation that can still occur within the "Large Cap" Coins. Macro forces are definitely in play within this particular movement. "The Cashening" seemed like an opportune moment for BCH community/stakeholders to push for a market grab, due to the instability that Segwit2X caused. However, we...