This section is for a meaningful and descriptive text to justify the idea...you won't find that here. The are obvious underlying fundamentals with Eth2.0 around the corner, and if you don't see it, then you don't see it. Trust the fractal.
TrueBit protocol ($TRU) is a utility token for the Ethereum Blockchain. I strongly advise DYOR on this one. BUt the technical team behind the coin is incredibly competent and interconnected throughout the Ethereum and greater crypto space. A $TRU gem for sure.
Long term plan for ETH is bullish. Short term will depend on immediate BTC moves.
deep liquidity tested and bounced. If support is found look for rise to local resistance.
$MGT currently overbought, slight cool down for the market and I expect another push up once the sRSI goes down a little.
Chart says it all. Looks like $LTC may dwindle for a bit. Sold me bags.
As cable reaches it's lowest low since april '15 look for that bounce to happen.
on chart.
Depending on where the daily candle closes today, we have the potential for a nice bullish Gartley pattern to form in the coming days. This is in agreement with institutional support levels shown by the orderblocks.
Cable is a great opportunity right now to make some pips. My buy target is set to 1.536 with a SL beneath 1.1332 as it is possible a stop hunt will take up to that level. The sell target is first the .618 fibo and a second target of 1.58.
Looking at the monthly chart for the aussie, there is a bullish trend line that the market has bounced off of historically. Also the current price is resting on the 38.2% fibo. A bounce would not only be off the fibo but also off the bull trend and looking at the chart, when the aussie bounces it bounces hard.
The Euro is sitting at key a key resistance level which it has bounced off of many times since the beginning of summer. There are two things right now that will decide where the market goes. The first is if the greenback can hold at the support line it has bounced off before. A holding of this level would suggest that the market still has confidence in the dollar....
Dollar is king, and is approaching a very strong support long. It is likely it will bounce off support here especially since the FED hike isn't suspected to come for a few months.