Trapped aggressive bears, absorption from bulls, will the history repeat once again? Chart says it all...
Loosing pivot point will invalidate the possible trade here. Wait for successful retest of pivot point before entering.
Very clear pattern forming on 12h time-frame. Price took stops below previous bottom at 0.86821 and reversed with strong daily close.
Longing possible retrace lower would provide nice long entry.
USDJPY pair experienced very turbulent past weeks as price dropped to strong monthly support around 100 and got high volume bounce. Currently, price is reversing and consolidates in falling wedge pattern above 0.5fib level.
Dear crypto lovers!
Here comes a brief view into the future of bitcoin price:
Chart: KRAKEN:XBTUSD
Time Frame: Daily, 4hr, 1hr
Predicted Direction: LONG
LONG-TERM VIEW
In the 1D chart you can see two very important lines. Shall the KRAKEN:XBTUSD break the support, it will go down to at least 6k. However, shall it break the resistence, 11.5k, 17k &...