One would expect to have standard big rally (with real crypto magnitude), but crypto is not the only asset which gains the strength.
It's most of the global market incl. gold/silver and all that will suck the money leaving less for crypto.
Also the fact that long period price structure and volume is getting weaker.
Growth in standard markets is not sustainable...
If we hit the previous lows (or slightly cut under that - that's even better), we could get text-book reset on daily.
It fits the overall market direction - retest lows and move up for few months.
My ideas are mostly based on technical analysis and few fundamentals, but I don't follow specific indicator.
I have some know-how by looking across several indicators....
Not a typical price structure to see (daily TF). Trajectory was intervened and needs to find equilibrium.
Harder to analyze but 4H structure indicates short-term correction has been finished so there is room for micro cycle to go up again and that's the place where I'd expect clear topping structure. From long perspective short for sure but trading oil right now...
I'd say the show is over. Weekly is exhausted from several perspectives. Daily TF looks ugly already, eur bottoming...very little chance for more upside.
We might have last dance on this level, max one more week, steam to disappear even more and then down.
My ideas are mostly based on technical analysis and few fundamentals, but I don't follow specific...
Weekly time frame is not convincing that much but given that dollar might be topping and daily TF looks good in case of successful retest, then I believe eur will take a lead for some months.
My ideas are mostly based on technical analysis and few fundamentals, but I don't follow specific indicator.
I have some know-how by looking across several indicators. Of...
I expect that we passed the bottom but price action is too rush, so going down first is more probable but not really necessary.
Market was under pressure for some time and relive should bring "only up" vibes.
My ideas are mostly based on technical analysis and few fundamentals, but I don't follow specific indicator.
I have some know-how by looking across several...
I expect miners to do well with silver going up, supported by winds from bottoming stock market.
My ideas are mostly based on technical analysis and few fundamentals, but I don't follow specific indicator.
I have some know-how by looking across several indicators. Of course, I might be wrong as well.
Forecasting bottoms and tops, not target levels or price...
I expect airlines to reverse somewhere from current levels. Going up for months, at least up to the summer.
My ideas are mostly based on technical analysis and few fundamentals, but I don't follow specific indicator.
I have some know-how by looking across several indicators. Of course, I might be wrong as well.
Forecasting bottoms and tops, not target levels or...
