This strong bearish block give me bias of some retraction can comes soon. I can see also one extreme overbought and, since the prices are too away of important Moving Averages, doubles my view about some that bears can comes soon.
$CHFJPY may have bottomed. Let us see how the market react to this strong engulfing bulllish candle.
$BCH testing strong resistance zone. Since there's no CME futures contract of $BCH, will this year $BCH overtake $BTC?
After one doubt candle (spinning top) formed, i will wait for the breakout of this two days consolidation on bear side.
Prìce is testing this old support zone and leave one strong bullish candle today. Some bull power can be expected for next days.
Price is rejecting importante resistance and leaving one strong bearish candle. Some bear can be expectoed for the next days. The price can test the actual support of that rising wedge.
Ctrip.Com International Ltd breaks UP important resistance zone. Some bull power can be expected for the next days.
BTC appear be make a break UP of a important resîstance zone by the formed triangle pattern. Will holders can continue dreaming the dream of the Lambo?
Starting the week with a Rising Wedge break down on $SPX isn't good. The target of that breakout shows around the zone of 2,400.00
My simple view about Bitcoin in this moment.