MCFractalStudies

MCFractalStudies

The bullish attept of ETHUSD is over, we are now again technically bearish. A break of 1165 level would bring a new wave of fresh buyers in the market, however as for now, the road is open for sellers. Beware!

MCFractalStudies

A break of 1.74 would technically end this retrace, opening the road for more buy pressure (resume long-term uptrend)

MCFractalStudies

Ethereum is trying to get back on his bullish nature, however a break below 990 might open the road for new selling pressure. Watch out!

MCFractalStudies

The Upwave started on 8 december 2017 ended the 8 january 2018, exactly one month. We are going down since then.

MCFractalStudies

Ethereum value keep rising against the usd dollar!

MCFractalStudies

Ethereum going up nicely

MCFractalStudies

Nothing to see here

MCFractalStudies

Seems like the retrace is technically finished. Courageous traders might decide to buy now for another attack to the all-time highs. More cautious traders might take profits and wait to buy again lower. The current bull wave started on 9 october 2017 have seen already 3 dips (or retraces), what we can surely say is that this bull wave is getting old... The...

MCFractalStudies

As we can see, the btcusd uptrend is still very intact and healthy, however our eyes remain on the $15500 level support. Should such level be broken, the next relevant support to watch will be at the $5500 level, followed by the $3000 level. Medium bids expected at $11800 level. As for now however, the $15500 is still unbroken so.. we stay neutral.

MCFractalStudies

Bitcoin run keep going, another dip was bought today. New support at 15400, with the next bigger support at 5600. More updates to come. Momentum remain on the upside!

MCFractalStudies

As we can see in this chart, the bitcoin mania keep pushing prices higher, however the market structure show that the overall situation is far from an equilibrium. Major equilibrium price level stay below 4000, and a even bigger equilibrum level stay below 2000 price level. We don't know when the bubble will burst, and as for now, the market keep looking like a...

MCFractalStudies

Seems like UsdJpy is finally ready to push higher and finis this long lasting retrace! Fasten your seatbelt

MCFractalStudies Updated 

UsdJpy is in a downwave mode (retrace) from the beginning of 2017. It is now however looking a little bit bored of it, and it will have to breal 115.40 level in order to end the downwave. Will it do it?

MCFractalStudies

The pair has been on a bullish trend for the whole January. At the beginning of February however, such trend has been broken. Right now NzdUsd stay in a retrace, and a major uptrend will develop on the break of the 0.7337 resistance level. Our models suggest to buy the market after the break of 0.7337 level , with a first target at 0.7485.