Break
Bitcoin BTCUSD Still Positive When It Breaks above 10600Bitcoin Coinbase Chart Next Buy Point
Bitcoin has spent the last 24 hours or so hammering out a
continuation pattern not too far from the recent highs. It
hasn't collapsed from here, though, which has to be a positive
signal, so far. It's now probing the upper parallel at 10600 and
trying to break higher. To stay positive from here it has to
make this break. If we see it we can follow with stops under
the upper parallel by 50 points or so when broken. Otherwise,
in absence of a break higher and Bitcoin spends more time in
this consolidation pattern we will look for an entry from lower
down later
ETCBTC Ethereum Classic Bitcoin Next Buy PointETCBTC Ethereum Classic Bitcoin
First important resistance lies at 3378-3385 - once it can clear
this range it should start to attract more buyers and begin to
fly higher still spiking into the 3530-3597 range - maybe not a
bad area to hang some limit orders
USDCAD 4HPrice broke though daily support with a bearish engulfing candle, & the previous candle before was a doji candle on the daily rejecting the 200 Ema. This is a big bearish reversal sign, so now I will be watching for a reversal candlestick to the broken pink zone retested as resistance, for potential entry! : )
AUDNZD 4HPrice broke its counter trendline with a bullish engulfing candle. Price now going towards a supply area, where I will be watching for a reversal candle to continue the downtrend, or a break above for a deeper retracement up to daily resistance (Purple zone). On the watchlist for the upcoming week!