Blocknet bullflag - rough target +25%looks like BLOCK/BTC has formed a large bullish flag continuation pattern. target price is a rough estimation and is labeled on the chart. could go higher than that, could also not go higher than that. if it follows this pattern I've outlined but doesn't make a new all-time high, then this could signal a double-top reversal.
fundamentals on this coin are very strong - AFAIK it's a decentralized exchange coin that has had a working test product for a while now.
trade at your own risk.
Block
Watching DAILY to pullback on a BUY order blockLiquidity area of 1.05000 (red rectangle) was reached in the last up impulsive move (blue line), breaking the downtrend structure. Since then, a pullback is under developing. We should expect new buy orders around 1.04000 (blue rectangle), and I'm aiming for long term targets as explained on the monthly related idea.
Short Cable at the 1.6180 Institutional LevelI believe we are up for a sell on cable since price is reaching a current range top. Clear bearish order block around the 1.6160 level. also a clear resistance level form weekly and daily charts. GBPUSD has a bearish outlook since market structure is in line with the 9 & 18 Emas on the daily time frame. Big boys are still short in this pair.