The weekly chart of Bitcoin shows similar pattern as in Oct/Nov 2018. If bitcoin really broke the 18000 support, watch out below!
Bitcoin always makes the final bottom at a similar way, on slopes with the same angle. If this played out, the final bottom would be around ~6666 at the beginning of Jan. 2023. At this moment, Bitcoin might see a temporary bounce to 23000~24000 then it would drop to 12500 at the mid-of-Nov.
1. ETH has been rejected by 3Day MA50 again. 2. 3Day MACD bearish cross, couldn't break above zero. 3. Price actions formed a parallel continuing pattern to go down.
In BTC 3D chart, a false breakout on EMA21 happened again days ago. Now BTC is hanging by a thread around 19000. If BTC broke 18000, a lot more downside to go.
When ETH 3D chart's MACD crosses zero line, it usually marks the start of a big uptrend/downtrend. At current case, It seems a big mid-term rally just started. Target: the pink area. (>3000 is likely)
If Cash level broke the trend line and went lower, a big rally in cryptos is on the way.
We might a mid-term top in US 10yr Bond Yield, which means stocks will have a rally soon.
DXY's 2D chart shows double topping divergence in MACD. expect a topping area around 110-113.
The weekly chart is clear. We will see a big rally coming to ETC. Target could be anywhere from 85-135.
A bottom can be setup around $80-$90 area. A v-shape bottom is often seen of USOIL although I think a W-shape bottom is more solid.
TVC:USOIL USOIL bounced on 0.618 fibonacci level while USD meets some overhead resistance. It could see some rally next week on oil the go down to $80 target area.
The ascending triangle pattern is about to break. MACD shows divergences too.
Divergences in Nasdaq100 4-hour-chart clearly show the topping pattern, which can be confirmed if it breaks EMA60 in daily chart.