MoneyTalksTG

MoneyTalksTG Updated 

Interesting technical zone in front of the Nasdaq. Double 127.2 Fibo We'll see if the price reacts

MoneyTalksTG

Based on yesterday's analysis, I decide to buy BTC. At the moment, we have broken the Head and Shoulder neckline and we are balancing on the discussed trend line - which will be the key to further increases

MoneyTalksTG

Let's see if correction AB=61.8 CD will work

MoneyTalksTG

I'll be looking for short position in my Sell Zone. To be more specific I'll take a look at lower time frame to find some reversal pattern. If I will find it - I will post here.

MoneyTalksTG

There is strong resistance ahead of the apple and there is a potential for profit taking

MoneyTalksTG

Similarly to BTC - ETHUSD has a chance to increase thanks to the double bottom of the formation. Additionally, we currently have a chance for an H&S reverse pattern which could lead to a $ 2,427 target

MoneyTalksTG

Two important zones on BTC The first is the trend line of the downtrend channel - see how it works nicely. The second most important - double bottom neckline - which can provide to $ 55,000 or higher targets.

MoneyTalksTG

After a big drop, we are getting closer to strong support. First - OB (Over balance) was tested yesterday. (Pink dot line) This shows the strength of the bears. If we break this support, around 1.2000 there is another - green rectangle. Noteworthy is the intersection of the 25/50 day EMA