Bulish
BQX in its way to start a new bullish marketas we see, BQX still in its bearish market, on the other hand it has reached 1.61 Fib which mean there is no more bears around and it will try to make it and breaking the downtrend soon.
for now, it is on accumulation stage, don't miss it
Start of Bullish Trend or Short brake for USDThe general trend for MXNUSD has been bearish.
I initially forecasted a target of 18.50 or lower but the market has set 18.54 as a strong floor which has broken much of the downwards momentum.
We are starting to see a recovery since the price reached the days low at 18.52 and its beginning to form something of a bullish channel. I would expect the price will continue to respect the key resistance zones but if we don't see any attempt to return to the 18.52 low, I expect a confirmation of the bullish trend soon.
The future of the Ethereum! A great head-shoulder pattern!This recent fall is really very strongly (look the angle). We may wait a consolidation in ~700$ and then a new consolidation in ~450$ fallowing by a consolidation in ~300$. After all that, we will get a great bullish overcoming Bitcoin and get around $10k near March/April.
1st wave) Buy 600, sell 800. (buy if break the dashed blue line A)
2nd wave) Buy 400, sell 430. (buy if break the dashed blue line B)
3rd wave) Buy 200, sell... 10k!!!!