BITFINEX:BTCUSD BTCUSD volume is very low, dating to 2016 and previous levels MACD is ready for a downward crossover, which is bearish 1 and 5 day RSI shows overbought head and shoulder pattern is forming right shoulder 5 waves could complete the head and shoulders pattern with target of 5400-6000 R/S zone BTC difficulty levels are at 3.29T, with...
RIOT is at downtrend line and major support. If it breaks $6.68, it could fall to $4 quickly then slowly back to $2.
BTCUSD is above its 200 moving day average again. Currency trading is closed on weekends for retail traders has given the false perception to go long on BTCUSD. Notice the red line is flat while BTCUSD is rising. BTCUSD should be flat to up on Monday, down on Tuesday. Then high probability to continue down after. Most likely BTCUSD will stay under its...
The trend has not changed. Looking at the green oval highlights the same pattern playing out again. The trend of US raising rates and Canada not raising rates has not changed. This will put a lot of downward pressure on CADUSD The CADUSD should continue to fall back to the low of 2016 then bounce, unless Canada raises rates at next meeting, but...
Short NYSE:RY Fundamentals NYSE:RY has over $222 billion in debt, which are mostly mortgages sensitive to interest rates rising. Interest rates will remain low, which will cause a falling dollar. The Canadian oil industry is a lot worse than USA and other parts of the world with break even costs at $60-65+ for oil sands. See the WCS Western Canada...