Nahkampfschaf

Nahkampfschaf

With the recent correction on Bitcoin, Ethereum USD Pair was dragged down as well, breaking its 8 Month old Trendline, which, till now, held pretty solid. Ethereum might now be in Bottom-Finding again, which might occur at 150$ or even below 100$ again. This might also be a good opportunity for those who want to accumulate Ethereum before the Ethereum 2.0 Launch...

Nahkampfschaf

After getting rejected at the upper trendline of the uptrending channel, Bitcoin is currently testing the lower trendline right at 10k. This isn't just the lower trendline, it's also the psychological level we all love and hate. I see 2 possibilities here. Either it bounces towards our last resistance near 10.800$ where we meet heavy resistance again ( yellow line...

Nahkampfschaf

Looks like Decision time for me. BTC is currently trading right where the resistance of those two channels meet. Bitcoin had an explosive breakout to the upside earlier in June, so that could happen another time. Heavy trading activity (and selling pressure) here. Uptrending Channel Trendlines were respected even after we fell back into it. Another correction to...

Nahkampfschaf

After Bitcoin bounced right at the resistance of the previous red channel yesterday, i decided to publish those last channels Bitcoin traded in, and broke out of. Some levels, i'll keep an eye on, nothing more.