The OBV trend line from the Dec 2017 top could potentially be breached tomorrow and the doubled cloud has turned bullish for the first time since then. The Weekly BBands are also incredibly tight, signaling a large move incoming.
BINANCE:ICXBTC
he pattern is pretty clear to see here, the chart is almost printing a perfect Adam and Eve bottom. On the 12hr cloud, there was a failure to make a bullish TK cross, however the 4 hr cloud is giving a strong buy signal with a bounce off the Kijun above the bullish cloud with the lagging span also above the price and cloud. The volume is also...
ETH has almost fully retraced the last run up and is sitting on the last significant horizontal level before that .618 fib which did not provide much resistance on the way up. If you look at the fib levels of the most recent run up, the next level after the horizontal it is sitting on is the .786 which is not an area of much or any horizontal support other than...
BTCUSD
The first thing I'd like to look at is a long-term downtrend being broken and successfully retested in On Balance Volume, indicating volume will have less resistance in the coming weeks. As you can see, We were rejected at the daily cloud. (I'm using 20,60,120,30 settings) I am looking for a retest of the KS at $7200 for a potential bounce, and a daily...
The first thing to take a look at here on the 12h time frame is that you can clearly see we are in a large bear flag. The market has been rather choppy lately on the lower TF's and a few patterns have been invalidated, however this flag is clearly seen on the 1d and 3d as well. Zooming in to the 6h we can take a look deeper into that flag.
Looking here at the...
