naptof

naptof

i.e. 0.618 Fib retrace

naptof

BTC is currently moving within a bearish pennant, didn't manage to penetrate upwards in the 3 previous attempts. Possible pennant break downwards Sunday or Monday and rebound towards middle of next week to major uptrend

naptof

ETH likely to retest the $500 support before bounce back the first week of June

naptof

There is a weekly bearish pennant forming between the MA 20 and MA 50 (weekly). If no other surprise occurs, a natural drop from those level will come towards end of May. If this will happen it will probably find support in the weekly MA 100 which hopefully will bounce back to the 10k zone

naptof Updated 

Assuming the current minor correction will find support at 9100-9000 and will bounce to 10-10.2k area where it will find resistance at the daily MA 200 with an daily RSI peaking the oversold threshold. If the bulls will penetrate that level, likely to rally to 11k and form a cup, followed by a 0.213 fib handle retracement and then by a spectacular bull run to...