For some reason my charts are having issues pulling up Volume Indicator. Pull up charts yourself to see massive buy volume starting 2010-2012. Do keep in mind even if US puts steel and Aluminum tariff, Asia still holds 2/3rds of worlds population and is the BIGGEST market Though i am neutral at the moment, i am looking for Nikkei to continue its bull run return to...
A crucial part of my ALT analysis comes from Reverse cyclicality to BTC from date DEC 18 where they break previous levels. short list of alts include XRP TRX QTUM XVG SC RDD.... list goes on actually. TRADE YOUR FIBS WELL. MANY have a fib resemblance if you look for it! This analysis comes with btc return to 5k & 3k level hover for 6-9 months before return of btc....
as previously mentioned in btc and eurjpy analysis. i put out signal on dec 18th due to end of ECB bond buying program. which correlated to previous (may have changed, future updates on this) gold cyclicity to be cheap at the end of the year cycles. After this we saw gold rise to neck line and euros rise to previous majorly tested psychological level of 1.25. i...
Bond buying program ended in Eur. data from jpy of showing negative indicators. large asset purchase since 2012 suggest jpy has been buying american assets in large bulk. first dip in asset value correlated to fall in US index. wolfstreet.com
Very important for macd orange signal line to break above for reversal signal @ $12,000, RSI should compliment by reversal pattern break above 60 (61/62). TP points at 14,500/17,500/19,500 future analysis will be given at 20,000 break. Personally though reversal would take longer. entering trade with caution, but overall very much bullish on Cryptocurrencies.