Possible
DAX still in rangeDAX is still in the wide range between 12900 and 13500. Half of the channel is near 12200 and this level is often respected by the price by looking back at the chart.
The last price movements show that it draws higher local highs and lower local lows hitting stop losses set above the last high or below the last low. Looking at the chart we can observe that price is moving in the expanding triangle.
Currently, the price is near high of November 2017, however, there is clear resistance around 13400. This level was also a resistance when the price tried to back to the top at 13500. For the last two days, the price is closed betweeb the resistance at 13400 and support at 13330 which coincides with the high drawn 18th and 19th December 2017.
Aggressive traders can try to open a short on DAX near resistance level 13400 with a tight SL, but this is a bit risky game against the current local trend.
BTCUSD Posible Short (Posible Venta)BTCUSD we see a good harmonic pattern, also a good resistance of 17k, also regarding the MMM we see that price made 3 pushes to the upside. Also we see a good trend line we are expecting for price to break and go down 11k.
BTCUSD vemos que forma un patron armonico interesante, y tambien en una resistencia en 17k, tambien conforme al MMM se puede ver que el precio dio 3 empujes a la alza. Tambien podemos ver una linea de tendencia y esperamos que si rompe el precio vaya a 11k.
NXT potensial longWe all feel sorry for the bastards that bought into the hype of NXT before the airdrop. This also means NXT has a lot of bagholders, we will need to have this in our backmind. Currently the NXT chart has retraced almost 78% from the highs. If we use the fibonacci retracement tool we see that it did fall under, but quickly bounced up to the 0.786 fib number and seems to have find some support here. Its a little bit off so we also need to keep that in mind. The other thing we can see is that its seems to be consolidating within a triangle. The triangle isnt confirmed cus it didnt touch three times, but it seems kinda valid to me. We can possibly expect a new pump from nxt sometime. I currently hold no NXT and I wont buy any cus everything is a little off. But I will keep a close eye on this chart, and if it starts to breakout I might take a position that also will be updated on my personal twitter account. Final confimation will be if it breaks above the Ichimoku cloud.
QSHUSDQSH is forming a triangle , typical rising formation with possible target 1.74 $ that may be reached in the early stage of 2018. This triangle formation seems to be starting at present time.
BTCUSD - 1.618 FIB extension from top of 5th WaveI am charting 7200 as 1.618 Fibonacci extension from the top the 5th wave formation (6150). It has not been able to rally back above that line since the punch through overnight. It has tried and failed around 7190. There is not much support up here and it falls through 7000, I think will start to see at least a small correction of sorts. Possibly back down to top of 5th wave 6150 or if that doesn't hold 5700. Its really strange trading conditions right now, besides the the beast of a bull market you have Segwit2x looming. So my guess we don't get full correction until that is through, but I doubt we see it holding above 7k for very long. Top of 5th Wave seems a safe, well supported and place to ride it out until Nov 16th.