Ethereum almost got to the target zone I've marked 6 days ago. Missed by 21 dollar. But I'm yet cautious about bullish entries. Last 12H closed bearish, so I believe this chart will require another day or two to draw some certainty. Till then we may expect dips under 3427 and possibly to that zone I've marked as well. Level at 3650 remains decisive for mid...
📉 Bitcoin Daily 📈 Bitcoin closed week at 66653. That was above higher timeframe range middle and above developing quarter VWAP. Can't say this price action looks bullish, but at least it hasn't yet completely wiped out all the bulls. In short term perspectives there is still a chance for a bounce to May close this week. Higher timeframe picture and...
Year VWAP VAH was at 3645 (same as March close) - ETH dipped below it and yesterday went up for bearish re-test, where it got rejected. That hugely increase chances for further retracement towards breakout level around 3260-3340 at least. Year VWAP is around 3123 and act as high timeframe magnet for the price. By the time ETH gets to it, most probably it will...
Bitcoin cleared nearest liquidity pool under ~66155 and closed above that level which might be a swing failure - bullish pattern. But too early to confirm that. Target for that bounce is May VAH zone + year VWAP VAH around 69.2k (for the wicks). These are conservative targets that assume rejection and pull back to 67600 at least with further...
BINANCE:HIGHUSDT.P been dumping hard for the past 5 days and today is 6th in a row. I believe we may expect a bounce soon. Momentum is already decreasing which is the first sign. Might dip lower under 2.6 to collect last portion of liquidity and then bounce back to 4 / 4.4 / 5
BINANCE:PEPEUSDT follows market vibes. Recent dips reached nice SR level at 1100-1140, but I can't be sure that it was the last dip. In order to confirm end of correction PEPE got to close 4H above 1300. Before that none of moves have bullish value. If there will be more dips, then zone of interest starts under ~1080 and since there is a wide FVG price can...
BINANCE:NOTUSDT.P is heading towards 4H FVG around 0.0145 and will dip there in any case before the bounce. Its a good level and correlates with developing Day 20SMA. Wicks below possible even in bullish scenario and might reach 0.012-0.013 zone - this is a good zone to look for long entries. Its not short signal. I'd rather look for those dips for longs, as...
NOT coin covered the gap left from after-launch sell off. Basically that is the main resistance area - if manage to close above most probably will attack 0.0068 POC. If not, might pull back to breakout level under 0.006 Mid term bullish. Long term depends on the market, but most probably also bullish. Dips are for buying. P.S. I am not actively trading it. Just...
BINANCE:CHZUSDT correction lasts since March 2021 and potentially may end around here. Not yet, but within nearest month it will be clear. While dips to 2022 close are possible, breakout of upper trendline should give a nice impulse that should cut off stops above 2023 high and re-test bear order block at 0.23-0.27 zone - that is approximately 150% from ~0.1
EURUSD primary downtrend since 2008. Zone around 1.128 is POC for period since October 2014 - in order to reverse downtrend EURUSD has to find acceptance above that level. Even an attempt to do that will take a year at least on that timeframe. Week timeframe for close look
Market trick me a lot lately. Didn't expect #Ethereum to bounce, but it did. Month 20SMA tested and good chances to see #ETH there once again. Level at 1855 seems to be ok for long entries. Lots of liquidity above 1887, so its a tasty zone where whales will push CRYPTOCAP:ETH price in any case, sooner or later.
EUR against GBP. I think that taking long entry at bullish breaker around 0.8618 can play out. The only concern is that price already was there after breakout. So same as with others setting alarm for that level to see how it evolves in action. Potential targets for bullish bounce 0.866 / 0.868 .... the rest for breakout above 0.87 which will take price to...
Ethereum keep on consolidating before Month 20SMA breakout. Nearest zone for the dips is under 1930. Next 1875. Potential target zones for bullish move 1995 / 2030 / 2080
BTC dominance seem to be reversing back down from 2019 low 👀 Doesn't mean it won't grow higher next month, but for this weekend it can be an ultra bullish signal for shitcoins, that often follow old coins.
Each two years in December BTC starts a new cycle. If everything go with the same plan, now we are at the beginning of growing cycle. P.S. Hidden it from the chart, but for your information 21 EMA is at ~7100 - important value.
Strong impulse took SPX to 4035 SR and rejected from there back below August close. If index won't find acceptance back above it, it will drop back to October close ~3875 and possibly lower to ~3811. Cross roads situation. On week there is still potential to grow to ~4100, so all depends on how this week close.
SPX bounced from March'21 open (3812) which act as strong SR zone. Next is 2021 Year open at ~3764 (even stronger SR). These two levels make this area very good one for consolidation and relief bounce. Another factor - chart completed 3-4 impulse waves which usually is enough for either consolidation of correction. But this is all in theory. At that moment I...
My previous high timeframe review explaining Bullish OB situation below. Last week closed below bullish OB 31780-34260 zone which means that we should expect BTC to drop lower 24 / 20 / 14k. Before that final collapse happen we may expect (or hope) for re-test of newly formed bearish OB at 29300-35400 range. As you can see its a pretty wide range and BTC...