As many of you just know, Segwit2x has just be cancelled by Charlie Shrem (leader of S2X team). Now we are seeing a massive selloff in Segwit2x futures which are taking BTC to all time high. However, Fibonacci projections from last september drop and all time fibo (starting from 0 usd) show 8000 usd the high to be considered (7860-8000 usd is the sell zone). Big...
ETH has found a strong support around 380k, where long, mid and short term fibos converge at different levels. We might not see these levels again, so this is a trade with an excellent risk/benefit ratio. After BTC Seg2x fork most cryptos are expected to breakout, ETH could be one of the most benefited in the Top5.
1) Since lows seen at the beginning of 2016 until now we have seen UKOIL -0.14% forming an inverted Head and Shoulders pattern which has been broken upwards recently (weekly chart). 2) Fibonacci levels since May 2015 to Jan 2016 have been touched repeatedly, and acting as supports and resistances so far, specially 38.2% (at 43.3 usd/bbl) and 61.8% (at 53.3...