The grindy upside move is a bit of a concern to me. I lean towards bullish but not fully. There will be spills, as one would expect. And the degree of these spills, how price action respects the Key Levels of Significance (the previous inverted HVF funnels, marked Red, Greed, Orange) is likely to be a telltale. A minor inverted H&S is already embedded in. A...
BTCUSD the selling Vol over $11500 forsing a downmove. 10998 triggers a downfall to circa $ 10400.
BTCUSD $ 11.500 level is the last front through some thick muddy road, till first resting place $ 12.600. Might not sound much, but it is to pave its way for the bullish round. Anything below $11.000, bear run has unfinished business.
The consecutive HVF targets have been made, except for inverted hvf on the last bearish move. But that's fine, who shorts BTC right!? Despite the inconsistent prices among exchanges Coinbase chart is still pointing a probable upward move to circa $ 23500. Timing wise only after the pattern has clearly appeared we can give a timeline. However, at this moment in...
Since there is significant pressure in the cryptos until Aug 1st, I expect ETHUSD to sell a bit more. Not that it is not enough. There is significant buying at 180s, and orders at 160s. Scenariocast is: The key levels of significance 120 and 220 to become a band whilst keeping its move within the falling wedge until reaching August 1st.I find it likely to see a...