ETHUSD daily guidance is neutral with a bullish bias. Recommended ratio: 52% ETH, 48% Cash.
*Cryptos have been choppy over the weekend and are now seeing some buying pressure to finish the week. Equity Futures are currently down to start the week. Key Upcoming Dates: S&P US September Manufacturing PMI at 945am EST 10/03; September Employment Situation at 830am...
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Those following know we've been saying that the US #Dollar is done, on life support, BUT it's stronger than all the others in the basket, hence $DXY LOOKS strong
$ETH LONE survivor of indices
#ETH tad weak here but still impressive
#Ethereum held well all things considered
Not crazy that Weekly $ETH RSI, weak & struggling here
BUT
EVERYTHING ELSE IS LOWER,...
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China stating they're dumping #Dollars, may cause $DXY to stall @ 113ish area we spoke some time ago
W+M RSI stopping every advance @ white line
@ least short term & @ least 10% downside
Major support is LOW 100's
Light blue areas are all support levels
$BTC #BTC #Bitcoin
Of course this those following know we've been saying that the US #Dollar is done, on...
Got some gaps above to fill mate. So far Uptober has been 48 hours of chop and slow bleed into weekly close.. selling pressure creates long liquidity as they say. Liking probability these gaps are filled this month and then some.
Price is in a strong bearish trend on the H4 chart. In addition, the price is below the ichimoku cloud, indicating a bearish market. Looking for a quick sell entry at 1297.15 for a quick scalp. The stop loss will be placed slightly above the 23.6% Fibonacci retracement line at 1373.46. The take profit level is 1192.54, which corresponds to the Fibonacci extension...
BTC is now on a new weekly chart update.
The way is open to 20400: as its important target for a breakout to 24K
We will follow and see the way to 20400 from now.
There is no reason for short as 18K level is a huge support.
Like and follow for more updates as this❤️
The APE price crossed the uptrend line and has enough bearish momentum to break out of the support zone.
You can scalp on the lower time frames as well.
Since the spot investment today on Bake it makes this coin for day trading interesting.
When we have it about spot investment, it means a whale investments - what this means exactly we will see it coming time.
Technically it seems also interesting.
Like and follow for more updates as this❤️
ETH to close the weekly in 4 hours, Bullish above the 200WMA, if it doesn't we will go lower.
Also a spinning top would suggest a change in direction, from Bearish to Bullish, fingers crossed
BLZ still not shows the increase that it should show on the low time frame.
Its a coin that can do unexpected trends and we will follow it coming time.
On more reason are BLZ at this moment period the NO 1 coin that can breakout above 100% increase.
BLZ have moments trends as it did shows before 2 breakouts : depending on our expecting the 3TH breakout can...
Since 1985 there has only been three times where the dollar has been this overbought on the monthly.
The first top was in 1985 and after it hit this area it moved down pretty quickly and the dow jones had a massive move up.
Second top was March 2015 and the dow jones dropped 16% but was then followed by a rally .
March 2015 was also a Bitcoin cycle...
This right here was one of the best looking alt coins you can find right now in terms of structure.
A perfect descending wedge with a W pattern , you can't get better than that. If the W pattern plays out we looking at a minimum of 0.165.
