Technical analytics


Bullish inside bar, as it can be seen, may be formed by the end of the day, that would become a strong signal for the new upswing start and, correspondingly, for long-trades. At the same time, the area of lower Bollinger band (111.21) remains untested, that also might be a likely event.


Unstable upswing has been formed, which can be either cut during attempts to rise the high or to probe the resistance level 223.43. If you are a crypto-bear, you’ll have to be patient and get the full-value sell signal.


Trading around the area of middle Bollinger band (6443.01) preserves


Tip of upswing continued its forming. As we supposed, bullish inside bar failed to be a signal for trades opening and market, quite likely, will try to perform such a signal by the end of today’s session.


Bitcoin remained in sellers' hands despite buyers' attempt to regain control. Bulls tried to break through the 6600-6500 area, but failed. 


Buyers control kept increasing on Monday. 


DAX started a recovery when sellers met a decent support at 11400. The index bounced off this level and jumped to 11500 first. 


Renewed USD weakness helped the gold to regain fresh traction. Bulls broke through 1220 and extended near-term upward trajectory after that. 


Brent jumped to the 81.00 level in the early Asian session. Unfortunately, buyers failed to hold onto their fresh gains. 


Sellers preserved their dominant positions on Monday.