We are grinding againts resistance now, we don't need to go to the green box below if we break the ressistance line, so we stay above the bullish breaker.
Goodmorning here is a quick recap of the latest run of bitcoin. i think we are still in a w3 impulse. we make several 1.618 extensions and no bearish divergence to be seen yet so my feeling is that we have one more leg up at least.
Bitcoin just retraced to 65% of the last pivot. this level needs to hold in my opinion. is we break down to 768 I'll reevaluate and...
Good morning. Euro/Dollar seems to have found its double bottom and broke out of the local downtrend. Price allready did a retest of the trendline on smaller timeframes. I think we are good for a small run at least. higher time frame RSI were quite bottommed (12hr/1d). Clear confirmation for me would be break out of the pitchfork but Im cautiously bullish. if we...
Ethereum doesn't look to hot at the moment. I think Ethereum is a bit of a benchmark for the entire crypto market. If we break these levels there isn't much support under us other then temporary algo targets.
At the moment price is consolidating after the drop we had yesterday. lets see if we will create a bearflag or an upwards channel.
for now there is a short-term bullish play on the table.
I've been thinking about the market situation for a bit. At the moment USDT pairs are coming to a norm and the premium is going to disappear.
The normal USD pairs are hovering around 6400 for the last 10 days or so waiting to meet with the USDT pair.
If you look at the USDT chart price will create a hidden bullish divergence (for example the 12hr). So my theorie...
