3 things to watch out for ETH/USD. The consolidation started around June after the steep drop in May. Currently, ETH/USD shows signs of consolidation and we can see: 1.Tenkan sen crossing the Kijun sen; suggesting that it may be poised to go higher 2. Immediate resistance can be seen from the leading kumo. However, the… Continue reading ETH/USD : Tenkan sen – Kijun sen cross
S&P 500: Tenkan sen – Kijun sen cross
2 things to watch on the S&P 500 chart. With the rally started on March 20, the market is seeing resistance The Tenkan sen and Kijun sen has cross as of 23 June; a potential reversal of this short-lived rally A letter ‘h’ is forming suggesting imminent sell-down if the support at 3016 does not… Continue reading S&P 500: Tenkan sen – Kijun sen cross
NASDAQ. What we can learn from the past
Back in 2000, the dot com bubble burst. However, signs of the bubble can already be seen as far back as 1998 when Globe.com IPO. Today, we can find similarities in the market; except that it can be worse. Like the 2000 dot com bubble, the startups scene has been exuberated with ‘unicorns’ that never… Continue reading NASDAQ. What we can learn from the past