Steadfast to 8k? Bitcoin bounced nicely from the support line of the triangle and is now approaching the 7850-8000 zone. The volume is increasing, i believe we will see a retest of 8k and either break through it (to find support at 8k later on) or we will bounce back from it again. I guess the total coinmarketcap will be somewhere around at 365 billion by next...
Bitcoin is currently forming a descending wedge and approaching the lower part of it. I think Bitcoin/the whole crypto market will keep moving side-ways at around 7k (300b marketcap) for the next week.
MACD shows signs of being overbought and short term trend reversal. Ethereum might pull back to the §260 area to find support to finally break through the $300 resistance. What do you think?
Price still failed to form a higher high (indicates downtrend), but the RSI already shows a divergence. A bullish reversal, breaking up the downward channel, may happen soon!
Nice indecision candle formed on the $360 support level. I guess we'll see some profit in the upcoming days.
Ethereum is forming a wedge. I think it's going to break up soon. Entry confirmation will be around the support line, after a short pull back.
Candles are loosing momentum. There may be some strong resistance around the $360 level. 1h RSI shows some divergence, the chart shows a higher high though. Will it blow through or break down?
Bitcoin may drop down to $2680 level. That's were a stronger support meets the outer trend line.
EUR/NZD may move down about 200 pips if it pulls back and finds support. Channel suggest downward move and RSI is in sync with the chart (going down).
Trend line acted previously as support. Now it seems it acts as resistance. I think price is loosing momentum, maybe it will return down to $255 or $250 and then come back up.
USOIL may reverse from the resistance. RSI shows divergence.
Bitcoin is forming a wedge pattern. I'm waiting for the break out to the top.
If Gold 0.21% crosses 1278.33 it may head downwards. SL: 1283.45 Target 1: 1268.10 Target 2: 1259.00