Short silver in the short/mid term, buy long term. With so many impulses on all timeframes my analysis led me to identify Wyckoff Phases across these time periods and in confluence with each other. For ease I will only be looking at the monthly and weekly timeframes. The Wyckoffian Logic would suggest an accumulation (eventual price increase) or distribution...
Expecting a retrace once the target is hit. I would expect to short from target 1 to the retrace of $1540 in the near future. Monitoring price action on the 4 hourly within the eclipse to confirm shorts once target 1 is closer.
Different support and resistance levels and where i would find the price of BTC in the near future.
Let's see what happens to BTC price with future contracts expiring shortly. Just an idea from me.
I think Ether has been running out of steam for several days now. PascalCoin entering the market has not helped. I might be wrong...
Im a noob. Just testing an idea. Time for XMR to increase?