In this video analysis, you can see critical levels for #Bitcoin, #Ethereum, #Litecoin.
In this video overview, we will take a look at the Oil, Copper, Gold, Silver, and as a desert Bitcoin
As said yesterday Bitcoin is bouncing off the support 30000-30500 zone keeping the bullish pennant continuation formation live and active. Let us see where will this be heading in the future days.
$Bitcoin $BTC.X has lost the channel but the pennant (bullish one is still active. Look for the support zone 30000-31000 which needs to hold to prevent a drop to 25000.
As expected we have a bit of consolidation supported by 36000 before another attack on 40000 for a continuation to 50000. Invalidation of the uspide extension for now could come if in case of a break below 335000.
$GBPUSD is testing 1.3700 for the upside breakout and continiuation higher. Consolidation should be used with patience
$BTCUSDis within an upside channel supported by 31-32000 zone and looking higher to target 50000 which is the channle upside extension which should be possibly an end of the 3rd wave higher.
$NASDAQ is supported by the 12700 level for the upside continuation higher to 14000 which is the long-term rising wedge target now
$USDJPY is breaking lower and is tanking with the DXY and USD accross the market despite the stock market upside continuation. Break below 103 will open a hude downside potential. Look for the price action trading setup
$TSLA is breaking above the 670 wedge resistance for a firm upside continuation. Stay long, stay foolish :)
$APPL has formed an uptrend channel with a great potential to continue higher to 160 as it has bounced from the strong support 121.50 #APPL #stockstrading
This is a free gift for incoming Holidays! There has been a shift in trend for most of the assets want to make sure you are on the right side of it $NASDAQ $DXY $EURUSD
$NZDUSD is reaching the top-side resistance of the falling Andrews Pitchfork channel 0.7400 where we could see some hesitation before an extreme continuation
$AUS200 is getting ready for a new swing higher possibly within few days to target 7400 upside channel resistance.
$GBPUSD is pulling back to a strong support 1.3200-1.3250 zone where the lotrade opportunity is coming. Look for the long trades not short no matter the Brexit information volatility as the $GBP has reversed the downside
$DXY is firmly below a long-term uptrend line but still above the key 91.80 level which could come on test really soon. In the next couple of days we will see will GBP and EUR join comoddols NZDUSD and AUDUSD which are already breaking upside resistances and gaining strength against USD.
$USDJPY is testing the long-term uptrend line and an important downside breakout mark 113. Don't expect this one to go easy as this is a test for decades. Nikkei is gaining risk is taking off but the correlation between $DXY and $USDJPY has prevailed. Be on alert for a position short trade in the case of a break below or a long swing trade.
$USDJPY is heavily pressured by correlation with $SPX and has slipped below an important resistances while it seems that the downside is wide open. We could see a bit of consolidation between 104.5 and 106 but a confirmed break below 104 would trigger a huge downside extension. A break above 106.300 is required for an upside reversal and a downside invalidation