To Investors,
First off, you’ve gotta love autocorrect even when having changed the errored word into the correct one how it still defaults back lol. Anyhow, lets with the amount of requests I’ve seen for Ethereum we will now be having it as a regular chart. Let’s dive in.
Dow30
Having printed as low at 34,190 and the 0.382 Fib level sitting at 34,188 the buyers came roaring back with closing positive on the day. As the selling gets weaker we could be ready to some continued upside before heading lower. S&P 500
Back to back lows printing at 4450 - looking like we could be in the market for a short term reversal. As money flow is starting to turn back up in the very short term - likely to head higher before further downside. Gold
As momentum continues pulls price lower there is little hope for gold in the near future, while there is buying coming in the question is for how long. Until the charts tell us otherwise it appears rallies are for selling. Bitcoin
If price can stabilize a bit there is some hope for the bulls. Having not closed below 42,900 the bulls are still treading water. However money is definitely not (yet) going into this asset. Ethereum
As long as we are above 3092 and below 3280 it is unlikely we will have a breakout or breakdown in the price. Sellers are still among us and until we see positive price action on the daily it looks to stay that way. VWAP (Volume Weighted Average Price) looks like it’s starting to turn so there is a glimmer of hope. To your fortune,
AK