Well well well here we are back and close to MAGIC 6000$. As we can see we are also sat in a TR(triangle) We really need to break it to see some spectacular moves UP again. At the moment 6000$ area was pretty strong SUPPORT so let's see if bulls attack it again. A very interesting level to watch
We just hit this angled support yet again! Market bounced from it recently plenty of times so we consider it as a strong level and another opportunity to add position.
A lot of confluences here let's see if we bounce higher.
Break and retest that's what we need for now right:)?
Nice possible DB is being printed at weekly support + there is a bullish divergence as well
We have got an inside bar on a weekly chart. I would not be surprised if we go lower to test that TL so fakey would also be created. On the other side monthly chart shows us good chance for pin to be printed.
We need to break that CHANNEL to see more significant moves. If we break it down we should see EURO spiking in theory. With the recent manipulation anything can happen.
EURUSD may be in a critical spot. If we break out that channel then long would apply on a retest(circled point). On the other side we could easily bonce of that channel roof and come back down. On a monthly chart nice fakey is being created.
It is 80% of probability that once we hit that neck on INV H&S pattern we should spike higher
We are sat at INV H&S neck squeezed in between that weekly TL. All Crypto are sat in a bullish zones so we believe they are going to move higher in comings days! What are your thoughts?
In our opinion this TL is crucial for ETH to break it and go higher. There is a nice divergence and a possible DB on a daily chart. Long entry should either be taken now from weekly support or later once we break and retest that TL
Look how long they managed to keep BTC in that HUGE TRIANGLE PATTERN. If we hit 6000 psycho number BTC in theory should rise again. If we break that 6000$ then further drop would apply. At the moment probability stays up for going long.
It may sound awkward to many of you but we believe there is possibility of Monthly DT. We would like to see a monthly pin so in September we would see huge drop on SP500.
We are heading closer to that TL where we believe XLM may bounce higher
Looks like oils is now testing the TL so we could see some drops here or would it be a fake break out?
Well looking at monthly chart we could see a fakey and up trend continuation. Dollar is in a nice spot and produced a bearish pin where bears may join to hit it hard. Euro has weekly bullish pin but on the other side we could easily spot H&S pattern being created so I am curious to see what will happen this week:)
We are sat at weekly resistance + 618 fibo+ weekly pin has been produced last week . What if this is a possible right shoulder for monthly H&S? What are you thoughts?
We need to test this TL perhaps so I will be watching nice round number 1150$