alphatradingph

alphatradingph

Bitcoin has been rallying these past days so looking at the chart it might correct at 7400, by looking unto the Fibonacci 61.8 the retracement which is a resistance area.

alphatradingph

The trend might reverse lets see in the coming days

alphatradingph

ETHUSD continues to breakdown in the past days but looking in the oscillators specially in ALPHA SYSTEM its shows it will rally in the next couple of days.

alphatradingph

considering the stock still printing new highs, but if it corrects and it snaps below RSI 70 it may correct nor it may consolidate. Also the stock is an Alpha of 1 it swings the same and correlates with the DJIA and SPX

alphatradingph

for almost weeks i have been long to btc, resistance is above 8000 level, but if bitcoin goes below 6800 level correction ahead to psychological level of 6000 which is a strong support.