Macro trend still bearish if we look at weekly chart! Don't rush to buy BTC! From a swing trade perspective you should focus on shorting the market in some areas. I don't think we will see in a few hours price higher than circa 7.65 K, and for sure we can see 6.3 K any minute! Many people who longed below 5K want to take profits, and soon or now they will click a...
Looking at period from 25.01.2020 we see a bearish Head & Shoulders Pattern ( LIGHT BLUE LINE ). That's way I start to worry a little bit. Too many bearish warnings/signals I see on a chart right now! Overbought RSI! Bulls are losing a steam if we look on at the Volume. Descending Triangle Pattern is slowly created if we go more sideways ( RED TRIANGLE ) and H&S...
... planning to fail!”
I don't know what your ETH plan is, but I have the following. LONG!
ETH is still consolidating, which is a positive sign in my opinion, because the longer consolidation we have, the stronger will be the eventual breakout of it. Fortunately, the bulls are still in control, Although they form only lower and lower peaks right now in a...
Nothing new in fundamentals. We see a Bullish flag pattern which is slowly building end closing up. The next 2 days we will see a retracement and small sideways walk. In my opinion still we can see and go to ca. 8200 USDT but right now we are bouncing in a tight bullish channel in which probably we don't brake a 9345 price. But, who knows! Still more players are...
