BTC reached again 8k in Bitfinex and many indicators could predict a good growth in the next months. I think is not too late to enter, with a stop at 6900, but with good potentials to reach area 11k-12k before to pull back.
Looking at the monthly graph (Bitfinex prices), LTC seems having reached a bottom of 36.1 USD at the end of the previous month, with RSI and MACD indicators starting inverting their trend. Although the month just started, as a mid-long term investment I consider this a good moment to enter, or start accumulating LTC, with a stop loss currently set at the minimum...
If we just have a look at the Technical Analysis, EURGBP could reach again 0.92 in the next months, as the price keep going up and down in a rectangle between 0.83 and 0.92 since October 16, 3 years! The monthly hammer is almost confirmed and RSI and MACD started turning up, but you know, anything can happen with Brexit.
I have just opened a position with a stop at the minimum of the day: high volume, green Marubozu almost consolidated, and it is also designing a hammer in the monthly graph. Quite promising!
It has just broken the EMA(36) and it could reach the first target between 700 and 800 in the next days. Very high Volume today.
Daily hammer almost consolidated. Higher volumes. Is this the beginning of a new bullish?
Downtrend started in January could end shortly, at least for a mid-term period, where we should see a bounce until 250/260. Let's see if the hammer will be confirmed in September.
EURUSD will probably bounce in the next one or two months, until it should be forced back from the main descending trendline started on April 2008. If the descending triangle will be confirmed, EUR could drop heavily. Hypothesis quite probable for the uncertainty of the coming Brexit.
Despite the bearish period for cryptocurrencies, ETP BITFINEX:ETPUSD is the first one to react and trying to invert the trend.
Still no signs of an imminent crisis, although Telecommunications SP:S5TELS sector is going in a descending triangle. Could it trigger the inversion? Gold and Silver NASDAQ:XAU , in the meantime, broke an important support.
Dogs of the Dow for 2018 compared to the S&P500 (grey line) in a monthly timeframe. Although a little bit late, I took the opportunity of this correction in the US Market to buy all of them. The same amount of $ for each, to be brought until the end of the year.
If it won't recover the EMA's break by the end of the month, closing below it, it is possible the beginning of a bearish period, or at least of a congestion one before to start again the growth, due the positive outlook on future investments. Indicators have indicated a divergence in the long period. I would wait until the end of the month to take a position.
The situation in Catalunya seems to return slowly to the normality, and so CaixaBank, going up to touch 4.51 first and then towards the historical maximum of 5. Stay tuned!
After months of growth, Tesla made a long break that seems more a classical pull-back concluded with the latest news of the production that will take more than expected. Now we could see a good run in the next month until the historical maximum of 389.61, hopefully touching 400.
Since 2016 the price is going up until the important resistance of 39. Now the price seems at the end of an ascending triangle...
MIL:ITKY Since 2013, the monthly graph shows the mantainance of the support at around 20 and decrescing maximums. Let's see if it will be able to break up the triangle or it will confirm the descending pattern. High volatility is expected in both cases.