It continues to
show signs of reversal against its BTC pairing after suffering a 4 - month long bearish trend.
But if market reverse and break the zone of 3 — 3.15, Market might indicate a
strong sign of reversal to the bull (Up) Side.
After a rather unpleasant 3 months which saw the price of Bitcoin fall to less than half its all - time high, the gold standard of cryptocurrency has finally
shown signs of reversal.
The eminent technical analyst Walter Deemer, who gained a wide following at Merrill Lynch, Putnam Investments and his own firm starting in the 1960s, said on Twitter, «A market that swings violently in both directions without making any net progress is usually
a sign of a reversal rather than a consolidation.»
Keep in mind that for the past three decades the number of businesses in the economy, as measured by tax returns, has been growing faster than the labor force, and there's
no sign of a reversal in that trend.
Fractals is a good tell of Price Action to determine next TP (Take Profit) levels, and or
signs of reversals or breakouts.
They already tax it to near exhaustion, and yet the pressures and the demands increase without
any sign of reversal.
After all, it's no secret that advertising and print circulation has been charting a southward journey and is showing
no signs of a reversal.
The equity index ETF's themselves showed
no signs of a reversal higher, only a continuation lower.
The equity index ETF's themselves show
no signs of a reversal higher, only a continuation lower.
There is currently
no sign of a reversal by the UK government, but TIGA continues to lobby for tax breaks for the # 1 billion industry.
There is absolutely
no sign of reversal yet, so buying on the support levels I have shown is extremely dangerous.
I see
no signs of a reversal yet, but anticipate one soon.
Bearish trends are expected to continue until there is
some sign of reversal on either daily or intraday 2 - hour or 4 - hour charts.