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The first curve reversal pattern failed (dotted) as Wednesday's bearish Inventory build knocked down the price just below the previous 1D support level at 67.00. The move began its pricing the day before indicating that such fundamentals are now typically priced before the reports (indicating that the dominant trend can be identified as opposite to speculation)....

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TP = 7,380.40 hit as BTC trades on the 6th straight bearish 1D candle (Highs/Lows = -315.9340, B/BP = -504.3397) aiming at the 0.500 Fibonacci level = 7,161.10 for support (worst bearish 1D candle sequence since May 03 - 10). 4H is now oversold (RSI = 27.438, STOCHRSI = 14.824, ADX = 67.039, Williams = -88.221) and may seek consolidation on the Head and Shoulders...

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The 1D Channel Up (orange dotted parallel lines on RSI = 60.002, MACD = 15.140, Highs/Lows = 0.88036, B/BP = 28.2960) successfully tested its 1st potential rebound point at 2,791.75 as you can see on the first curve (blue). There is always a possibility to extend as low as 2,775 (2nd potential rebound point - second curve) and make a full Higher Low, but...

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Following DX's strong support bounce at 93.90, EURUSD was again rejected at 1.17310 forming a new minor 4H Channel Down (RSI = 38.582, Highs/Lows = -0.0041). 1D has again crossed into the bearish zone (RSI = 44.388, Williams = -68.539) but only marginally, and since it has been practically trading sideways since late May, calling a new Low bears additional risk....

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TP = 1,213.78 hit as the 4H Falling Wedge (RSI = 38.425, MACD = -1.870, Highs/Lows = -2.1478, B/BP = -6.9280) slowly declined to make a near test of the 1,211.40 annual low. We are on a critical point now where this Falling Wedge meets the line of the Descending Triangle. A break-out of the annual low will test the July 2017 low = 1,208.70 and the March 2017...

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EURAUD hit our previous TP = 1.5878 as the previous Channel Up formation peaked exactly on our target. Now 1D is trading within a Rectangle with a striking 7 neutral indicators (RSI, STOCHRSI, ADX, Williams, CCI, Highs/Lows, Ultimate Oscillator). We are long with TP = 1.5846.

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Last week's bullish break-out proved to be false, as the price jump and breaking of the 1W Channel Down (RSI = 47.541) formation was only a false extreme on High Volume. It is possible that a new, less aggressive, 1D Channel Down has emerged (dotted parallel lines), although another Lower High/ Lower Low confirmation is required). In any case the underlying trend...

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IOTUSD has reversed as the price was rejected just above the 1.0195 4H Resistance (RSI = 33.534), breaking the 3rd recurring Curve pattern. This is the first strong bearish sign and if the 1D support at 0.9156 breaks today, we have confirmation of a new aggressive medium term downtrend. The oversold 4H tech (STOCHRSI = 22.631, ADX = 84.738, Williams = -83.582) may...

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The bearish curve on 1D has perfectly contained ADAUSD within its bands (RSI = 38.241) and directed the price from the 0.183189 Resistance towards the 0.121695 Support. As you see on the chart since the 0.144276 pace line (green) was crossed, the drop is being decelerated in an attempt to harmonize the oversold action on 4H (ADX = 77.809, Williams = -88.242). The...

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The estimated rejection on the 0.618 (0.3534) Fibonacci retracement level has worked to perfection as the price is declining aggressively on a five 1D bearish candle sequence (STOCH = 32.877, Williams = -76.167, Highs/Lows = -0.0024, B/BP = -0.0144). The first support zone for XLMUSD is at 0.24034 - 0.2459 where 4H should become oversold (ADX already = 73.858) and...

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LTCUSD is still within the 1D Rectangle but all technical indicators have turned bearish (MACD = -1.261, Highs/Lows = -3.2807, B/BP = -8.700) as it is approaching the July low of 74.340. I expect 4H to get oversold at this point (RSI = 35.241) and consolidate for 1 or 2 sessions before it crosses the 72.410 June bottom. We now cease scalping of the Rectangle and...

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EOS is about to break the curve support on 1D before reaching the critical eclipse break-out point. If 7.0870 is crossed now, then EOSUSD enters into a bearish continuation mode on the 1D Channel Down (RSI = 37.901, MACD = -0.251, Highs/Lows = -0.5429, B/BP = -1.3449). If 6.5500 breaks (should take at least another two sessions as 4H oversold on RSI = 28.543,...

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XRPUSD has been rejected since the last report on a new Lower High line on the 1D Channel Down (RSI = 39.106). The downtrend has still not accelerated as MACD = -0.011, Highs/Lows = -0.0085, B/BP = -0.0352 are all close to zero values. I expect however the bearish pace to pick up if the 0.42412 support emphatically breaks (blue dotted line). 4H is on a very...

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Ethereum has been emphatically rejected on the 487.07 Resistance and Lower High on the 1D Channel Down (RSI = 37.678, MACD = -7.540, Highs/Lows = -28.1924, B/BP = -60.1580) since our last report. Having already broken the 420.81 support, 4H is now targeting 404.36 where I expect a consolidation in order to harmonize the oversold RSI = 22.785, STOCHRSI = 14.975,...

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As expected, the 7,800 support broke on a +40K volume 1D candle (-5.49%), following the 1W Fibonacci retracement pattern on Lower Highs (a value just above the 1D 0.618 signified the Lower High). On a +50K volume today, BTC can even hit our TP1 = 7,380.40 as the current bearish candle sequence on 1D reverse imitates the July 23-24, on a standard Head and Shoulders...

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ETC is on a neutral price action both on 4H (RSI = 50.120, STOCH = 49.301, Highs/Lows = 0.0000) and on 1D (RSI = 51.576, CCI = 28.7016, Highs/Lows = 0.0000). The Triangle is running out of supporting space and should break lower by the start of next week. We are entering a short, with TP = 14.293 and 13.189 in extension.

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DASH is trading sideways since June 11 with 282.4688 as the Resistance and 210.5683 the Support. It has consolidated for too long to expect any rise meeting the Fibonacci retracement levels of the previous price increase on the 1W bearish channel (RSI = 38.588, MACD = -77.570, Highs/Lows = -46.2601, B/BP = -102.0069). As a result we will be scalping this range for...

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EURNOK has just posted a Lower High on the long term 1W Channel Down (RSI = 48.488, MACD = -0.015, ROC = -1.366). 9.500 is an important 1D support level and will be tested shortly to confirm the new bearish leg on 1D (now on neutral RSI, Highs/Lows). We are taking this opportunity to open a medium term short with TP = 9.38806.