This pair has broken out the support of the bullish channel, as the price gets closer and closer to a previous resistance level which is now acting as a support level it is losing momentum. I think that the price would retrace to the 0.382 level on the Fibonacci retracement, this means that the price is going to return to the original neckline of the double top ...
Well, it could seriously happen, the Daedalus-stored cryptocurrency could be going to moon soon. They've had no shortage of good news lately. last week they announced compatibility with popular cold wallet provider, Ledger. Weiss promoted their rating from a B- to a solid B, equal best with top-10 rivals NEO. Check out their updated roadmap for all their progress ...
After completing the ((e)) wave of the triangle, the market rallied just as expected. I am expecting this to travel to at least $22,700 but more likely $27,700. However, in order for this to be a viable option, $14,150 needs to hold price and not be penetrated. If it is, then expect much more bearish movement over the next few days and weeks.
I would rather ...
comments under the first chart :
BTCUSD
As stated on https://uk.tradingview.com/chart/BTCUSD/Km7qnMxo-Divergence-across-the-board-Expect-pullback-to-20-EMA/ "some grey eminences making too much money"
I d just say "some banksters got in BTC, and they overbought, too much. now they will give the option to their customers.
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I don't like Bitcoin, because of uncertainty that it brings. Government and Regulators could kill Bitcoin stone dead ages ago, but it seems that at the moment though some grey eminences making too much money, for this to stop.
The world’s biggest exchange is joining the bitcoin revolution.
Bitcoin ...
It is my thought that these are a few levels to which BTC will pull back to prior to a second attempt on breaking $10K. I believe 38.2% at around $8940 is the most likely target, followed by $8280 and possibly even $7215. I will be watching this closely.
Very bearish pair. We can see price just above the 111.000 support zone, here we could see a retracement back to 111.900s and coincidentally between the 50% - 61.8% fib levels before we see a continuation to the downside to 110.100 or beyond.
Near the end of daily chart consolidation. 4h offers repeatedly lifted with firms bids around 16.8. Likely to break out soon on the upside, resuming long-term daily trend.
SHORT
Obvious reasons why I'm short here... Fibonacci confluences, market structure, fundamentals for both countries at the moment, descending channel.
Just waiting for that retracement to get involved.
CHART ID: 10003
We have been looking to take advantage of the GBP strength however the move doesn't seem to want to pullback just yet. Correlating this with the FTSE100 we may be able to get into the GBP strength by shorting the FTSE100.
A retracement into the 7390.00 level into previous price would be ideal for a short opportunity.
Dash trendline seems to be showing a slight ascendance to the profit hopefully + previous support shows a massive long term setup if it moves with the pattern.
Both support and dashed trendline seem to be in correlation with each other.
OR
We can wait for the market to retrace onto the bold trendline in which should give us a deeper profit goal.
