pasojov

pasojov Updated 

Since reaching $30 and coming back down, XAG has been stuck in a beautiful technical structure. It bounced straight off of the long-term fib at around $26.15 before becoming range bound between the weekly support at around $26.85 and the recent 0.618 level at about $27.75. Last night after the market opened back up, XAG crashed back down to the long term fib at...

pasojov Updated 

GBPJPY is in a previous strong weekly resistance zone at the moment. This zone has been in play since 2017 and the last attempt bounced strongly off it. We're now revisiting after breaking out of a rising channel and given we haven't had a correction yet (and the price is relatively far away from the EMA), I can see a move back down to 144.57 (the nearest support...

pasojov

BTC is yet to fully correct, at least on the weekly. In my eyes, these huge candles up are unsustainable without significant greed. Significant greed cannot continue indefinitely without returning to the mean (neutrality), and likely, significant fear. There are a few factors I believe will influence a correction: Greed across the traditional and crypto...