Bitcoin, Cryptocurrencies, Gold, and Stock Indices Chart Analysis 12-18 Feb ’18
Dear Traders,
Bitcoin and cryptos are building a bullish rally but a bearish bounce at the strong zone of resistance is likely. Price will need to clearly show a higher low and bullish breakout before an uptrend continuation has a better chance of success.
Gold is at a major resistance zone and is expected to build a bearish correction whereas S&P 500 and Dax 30 showed strong bearish momentum and are likely to build contracting triangle patterns.
Check out the video for the full analysis and trade plans on 12-18 February 2018:
- Technical analysis
- Review of patterns, trends, key S&R levels
- Explanation of potentrial trade ideas both up and down
- Beginner friendly, explaining concepts in more detail
See the video below for all of the details
Good trading,
Chris Svorcik
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