We must be careful here as BTC is very bullish right now and still pushing higher for the 10k mark but a retracement is due for BTC which would be a perfect time to go into PAY.
Will be interesting to see what happens. BTC has been strong recently and is due a retracement, if we see a retracement it is likely that money will flow into BCH from BTC.
Looking at the technicals: rejecting 100 SMA and possibly breaking out of an ascending triangle. Also to be noted that BTC is looking like it will retrace meaning people will probably put their money into ETH. If volume picks up here we could see a nice move to the upside.
This pair has been on a strong uptrend on the daily, making higher highs and higher lows. We saw negative retail sale data for Australia which caused the this pair to move up after the pound weakened due to uncertainty of when the next interest rate hike will. I am looking for this pair to break this weekly key level and continue to another key level of 1.76. This...
From my previous post I stated I am bearish on CAD due to the weak retail sale data, I am also bullish on USD due to the possibility of tax cuts and a new hawkish head of the federal reserve. Now looking at the technicals on the weekly their is a bullish MACD cross and we are about to test the cloud resistance. Then on the daily we are consolidating at a support...
Looking at the technicals here on the weekly we have a ABCD pattern completing close to previous support which could become resistance. We also have a rising wedge and bearish divergence. Then on the 4h there is a bearish MACD cross over and double top at the top of an upward move which points to a reversal. Looking at the fundamentals the CAD had a bad week with...
USA CPI data was not as expected last week which is why we saw the USD sell off. Retail sales, inflation, employment and wages data will be released this week for the UK which will be a big indication on whether or not BoE will increase interest rates. If we see strong data then im sure we will test 1.36635 resistance.
We have had a large pullback but failed to break major resistance at 1.32698 area. I believe we will continue the downtrend now to test the next support.
Strongly believe the rest of the year will be very good for OmiseGo.
Kijun is very close to the cloud, if we break through the Kijun we will most likely break through the cloud as well. Big potential right here. History always repeats itself.
Possible triple top forming on BTC 1h