If there will not be good news for the Italian economic planning, I am expecting a bounce next week to re-test the resistance, then sell-off.
FTSE MIB got rejected hard from the monthly 200 MA on May 2018, when the new government was made. Since then, markets didn't do well at all.
First top with large sell off, then double top with no volume: bearish divergence.
Bounce at 25000 (50 MA on the weekly) or we'll see some nice red candles.
I was thinking about 2013 Bitcoin crash when I saw a bitcoin growth logarithmic chart .
Suddenly I started thinking about this crazy bull run bitcoin is having. If you look at the charts just before the 2013 crash, you can see the same parabolic trend. Certainly Bitcoin cannot continue this way. Of course there is FOMOing right now, but someday most of the...
Eth trend made a nice cup with a handle that is flagging. The flag will close ~nov 20th, then I see eth moving up breaking the 345 resistance. Let's see in one week what is going to happen!
Waiting for the hard fork. Sentiment is that alts are going to rise right after the fork because this is what happend with last forks. So I think now there will be a change in behavior and people will start buying alts before the fork to not miss the run. The very short days near the fork dump again to jump on the s2x train and then, after the fork, back again to...
