With the uncertainty surrounding August 1st, Bitcoin has been selling off hard this month. The RSI has just dipped into oversold territory, meanwhile the price is approaching four key levels of support: .618 Fib Line 200 Day EMA Previous Support at $1700 - 1750 Bottom of Short-term Channel If the price touches at least two of these levels and finds support...
After an extraordinary run so far in 2017, ETH needed some time to pull back and consolidate. While many have counted it down and out, this chart shows a clear Bullflag forming on the daily (Log) chart, supported by .618 Fib Line, an even $250, and RSI trend.
Taking a step back and looking at the Weekly ETHBTC Chart, we see that the TDSequential Indicator signaled a Buy Trade (Red 9) on the week of December 5th, 2016 around the level of .01 BTC. This level held steady until the breakout in February 2017. When the market finally reached exhaustion, we were signalled a Sell Trade (Green 9) on the week of June 19th. ...