Interesting setup, let's test the 200dma.
We're close to the parabola again, last time we crossed 200 DMA we went back through it, also we have a nice daily div.
We're rising on a descending volume, exhaustion is real. Simple trade
Shorters getting greedy again and thinking of 7k and 5k. 4h heavily oversold.
Pamp it
Best coin 2019, professional shilling right here. Buy now or be a pleb for life.
Let's see if this trendline will hold, volume is declining which is not very positive for the bulls. Small short, should scale more if we see reversal as that would mean bear divs on rsi, macd.
BTC did an amazing run in 2017. Now it's time to reset some indicators and go back to the bullish log channel we left during the mania mode. This doesn't mean BTC is dying or anything, we just need a healthy correction and might as well see the current price of around 12500 in February. Last time we broke such a long consolidation triangle down was again because...
Silver built a perfect cup and handle in the past month and now it's primed to go up. Gold has been the leading metal as usual and watching most USD pairs you can see they as well broke out from old resistances. The weekly resistance for silver, which i'll show in the updates, should break once the cup and handle plays out. This will send us to 21-25...
We have a falling wedge and a bullish div both on rsi and macd. SL under wedge down breakout. GL
Let's see how many indicators DOW can ignore. 4H macd about to cross, bearish div on rsi and a falling wedge. -------DO NOT SHORT DOW!!! THIS IS AN EDUCATIONAL/EXPERIMENTAL TRADE--------
Daily macd about to cross + a decent cup and handle pattern are the technicals driving this. Fundamentally the FED is hawkish. GL
Let's see how this one goes, I'd buy the handle breakout if we get such a thing.
Let's see how this one goes. Stop is under the latest low. Target - all time high.