Based on the 4hr timeframes, ADA seems to have formed a triangle pattern from there it should squeeze to the near .60 cent mark. On the larger timeframes based on the fib, ADA has retraced to the golden .618 level and seems to be holding this can indicate an impulse move to the $1.00 ADA. Fundamentally Bids have out weighed Asks nearly 3 to 1 so a more bullish...
I see potential liquidity grabs at these keyzones 16,000 then back to 30,000 then forcing a new high to around 65,000. We may pull pack to 16,000 mid August then rally for the next 12 to 18 months .
Based on the upward flag and break , retest of it . Together with FIb retracement . It is likely we would see a further dip in BTC to the 13k region and then a potential bounce . All technicals and Macroeconomics point to this dip !
The following a idea with GBPCAD. I see the pair dropping to the daily 50 ema then for the bullish push up. With the nice rising wedge within a triple top .Looking for price to break that bearish wedge and push down to at least the neckline. Price can go down further and then we can look her long.Look for that liquidity at 1.67000 .
I'll be shorting CADJPY due to its nice rising wedge formed on 4hr/1hr time frame within a updrend.Nice divergence and rejections of the trend .The previous measured move is complete and the market is due for a retracement .I'll be shorting her to .618 fib level with a relatively tight stop.
Look for the drop in AUDNZD soon ! With lower lows and lower highs (Down Trend), Break and possible retest of the 1hr 50 ema and price respecting the .786 fib level ,measured move down , divergence on lower timeframes and with a few bearish engulfing candles we can look for that impulse move to the downside !
On the technical side NGAS looks bullish with a breakout wave and completed the pullback to the trendline and close to the .618 fib region.Nice bullish candlestick priceaction candlestick on 4hr timeframe . The measured move to the upside looks pretty and lines up really will with market highs ,fibs and trend.
There is a beautiful rising wedge inside a channel .Clear divergence on my 4hr and 1hr MACD . Looking to take her short all the way down to 110.200 and then ride her long back to the top of the channel at around 113.000 .