cryptokoosh75

cryptokoosh75

Finally , BINANCE:BTCUSDT had its correction, we are at a healthy point of RSI (almost at 50) and also the Bitmex Funding fee is starting to look normal and sane again. We may have another leg down to MA 50 and then consolidate a little until the bulls start buying again. But all in all, everything is fine and the market is looking healthy again after wiping out...

cryptokoosh75 Updated 

Gold had a really bad start to this week, breaking below key supports and also the descending triangle. We've got one daily close below the support line of the descending triangle. We are also below important MAs and all the trendlines. 20WMA is almost at 1850$ which is the golden pocket of the Fib Retracement too. A pullback to 50% or 38.2% of Fib is not far...

cryptokoosh75 Updated 

TBH, Uniswap looks pretty nasty. The volume is trending really low and I'm expecting this descending triangle to break down max at 3rd of OCT. Technical target? Well, technically speaking it's below the ground. When this will invalidate? Probably if bitcoin starts taking off and we get a break to the upside around 61.8 again. So, all in all, BE CAREFUL. GOD SPEED!

cryptokoosh75 Updated 

BINANCE:UNIUSDT has made a great upward movement and has formed a descending triangle with declining volume in 30m chart, if it plays out, look for the next support, if it breaks to the upside, 8$-10$ isn't that far fetched.

cryptokoosh75

Gold looks strong as it's Trying to break out of the triangle pattern. Typically this kind of descending triangle is bearish but since we have too many POC at the upper line of this triangle, it seems as if it wants to break to the upside, we have to wait and see how this turns out. Get a daily close above and go for the 2K again. We are also getting supported by...

cryptokoosh75

It looks as if the pattern is getting broken and the target is the baseline of the rising wedge! If this happens, we have to wait and see what will happen to all stock markets, it may be a really bad sign.

cryptokoosh75

There's a CME futures gap around 7665$ to 7723$ that needs to get filled. I think BTC will have a pull back to this price and then it will start going up again. I'm bearish short term although we had a nice momentum but I think there's a pullback coming and after that we'll break higher resistances.