Monday the 6th and looking at Bitcoin again. Still looks bullish to me, price is trading nicely above the 100 EMA and were getting squeezed top the top of this wedge. Looking for the pop above the downtrend line, then hopefully a retest on the multiple confluences for a nice push upwards. Watch out for this one GLIYF
I think we are about to see a push north for BTC. In my own opinion this bullish momentum candle on the 4H charts is a sign of whats to come next. I think we will see an EMA bunch up and project BTC upwards to the primary downtrend. thats where the next real battle lies. Keep watching
Recently GBP has gained a little strength. But was that just a natural pullback in price considering the bearish momentum its been under? Im not too sure, it looks undecisive at the moment. Here on GJ it seems to be resting on the .618 fib. But will it get pushed back down from the longer EMA's when they catch up with price? or will we form a bull flag here on...
XRP looks to me like its getting ready for take off still. We are slowly producing a small uptrend. The 0.786 Fib level seems to be holding for its support now. We are creating higher lows and higher highs. ill be watching for it to break higher again. then above the 20 Cent mark to hold the .618 Fib level for hopefully a nice bull push upwards. XRP seems to like...
Well BTC seems to be ranging recently between 7K and 6K. soon as it dips below 6 k it soon shoots back above. But i think weve got this range to wait for before we see another significant move. i do think it will be bullish if the support keeps holding, either back above thi short uptrend or squeezed until it pops up. Watch for the break to confirm
What we thinking on GOLD? im thinking another pullback but not as low this time. Maybe to the.786 fib or to the support level below it before the next push upwards? leave your ideas below
XRP has seen some big movements of late. Currently its trying to make its way to a new bull. Current primary uptrend is holding. But we need to see it break the 0.20 cent barrier thats been tested alot of times up and down before we see a new bull trend for me
Bitcoin recently took a drop, but we would all like to see it back up higher. Its currently making higher lows and higher highs on the 4H. Price needs to hold around here for me too keep its momentum. Then we definetly need to see it break back above the higher primary downtrend in the circle to form a real new bull.