Two bullish wicks on the weekly, I think we are being trapped before the end of the week here. Who knows. Good luck.
There is a bigger picture that we are all missing in BTC: -Rally from 6000 to 11.5k was the 1st wave. -2nd wave didn't broke the 1st wave since it didn't retrace %100. With 14-16 May annual consensus I think we will see the might of the 3rd wave. The best part about this 4th wave won't retrace as much as 2nd wave because 2nd wave was complex and retraced...
Facebook FB. Sneaky Zucker Interesting that the villain of the piece is the one trying to leavethe crime scene fastest. Sneaky as ever! It only came back to the top of the next gap (left of chart) and narrowly missed touching the lower longer term parallel by a dollar or two - whf it thinks it's doing is anyone's guess - it's should get a good slap from...
Back again! This time my mathematical formula points to some secret support in the EURUSD chart. This resistance has obvious confluence that even a blind man can see. If you're selling (I am) you need to beware this location as it points to 1.2730!!
Here we are again, as with the BTC hidden resistance, ETH has now identified the resistance located in the square of the chart. If you're a bull you should beware this area! This is resistance based on a proprietary mathematical equation....take heed...
With this pair in a 9 month down trend on the daily and a confirmed up trend on the 60, price is getting squeezed by trend lines. If prices breaks through to the upside the next resistance is at 114.5 then 115.5 then there is no solid resistance till the double top at 118.600. There is bound to be a bunch of stops placed above that down trend line, which means...