If you see here the Yen futures history from the perspective of the monthly chart, you can see a pretty clear cut H&S pattern, with a downside target of a 40% to the downside. Basically, the jig is up for the Bank of Japan, their scheme is gonna fall apart. I think they hold like a trillion US dollars worth of US equities too so you can imagine them dumping all...
BYBIT:BTCUSD These are some of the levels I'm looking at on bitcoin's way back up to All time highs. Always good to know where the next resistance line is, as these will act as good take profits and subsequently areas we may scalp short positions. Going back into the channel we broke out of invalidates. Daily candle close above 49500 may be strong indication of...
BTC has fallen out of its ascending channel and hit the bottom of its descending channel. Will be watching to see if it manages to recover back into the ascending channel. the VWAP has not left the ascending channel. We may see a short term recovery back up to near VWAP level. Will be watching to see which channel it decides to be in around 18:00 EST. as of...
According to my amateur af technical analysis skills, We see bitcoin in a small descending channel within an ascending channel within a widening wedge. If we drop below 48K and don't immediately make the jump back up above that, I expect a pretty decent drop today. Worth noting that from the top of the descending channel to the floor of the widening wedge is...
Not financial advice. first submitted Idea. Amateur TA Skills. I draw lines. DYOR. Good reentry for BNBBTC might be around 40k sats based on Fib retracement. RSI is also crazy low. as always, keep an eye on what bitcoin is doing. Please discuss.