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Fallingtrendlines

Bitcoin drop and key levels Hi guys. Picture says it all. We've seen a bit higher piush on BTC as described in previous idea: Tripple bearish STOCH RSI ON DAILY. Oversold. Grew 62% with no serious correction untill pierce yesterday. Technical side does apply for correction. Might make lower high in 9770 range and droop further. (safest is to stay USD). Now should make new low and from that value (9150) to make rebound towards previous high. After failing to breach it, i would expect breaking of previous low and further drop-retest of 8350. Upon retest i do expect attempt towards new high 11200 where " ride" ends. Upon collision from 11200, should make rebound from 9300 towards 10500 which is sell point. Then further down towards 8000 level (8350 first).
Short
by milanjelic
5
USDJPY - The Trend Is DecidedUSDJPY has been retracing downwards since the appreciation which begun from mid-March halted about a month ago. As analyzed on 10th August, the price rebounded strongly as it retraced into the buy zone and supported by a weekly falling trendline. And after the rebound, USDJPY has broken above a double falling trendlines, and that's quite a confirmation for the trend to turn bullish already. As a whole, the dollar is in domination, and it seems that even safe haven assets such as yen, Swiss franc, and gold are all losing out badly to the dollar.
Long
by AlgoVenture