Behzadin

Behzadin

Hi everyone! It has been a while since I last posted. Hoping to come back more regularly. Lets get right to it. What we se hear is a descending triangle after a sharp drop. At the moment we are testing 50 EMA , which align with our triangle. We have tested the upper limit of the triangle before on June 14 which aligned with the 200 EMA, which got rejected. I see...

Behzadin

Hi Everyone! It has been a while since I have posted! I have been sitting in the side lines and watching how things were playing out. The call for sitting on the side lines, was due to deciding that the uncertainty caused by the corona virus weighed more than the Fed printing machine in my head. Yet still to this day I stand with my decision, and seeing, Warren...

Behzadin Updated 

Hi Everyone! Last week of February has been brutal. Stock market, gold, crypto every thing has tanked. Most say its corona effect and its a small bump and some say its the beginning of the end. Whit this in mind only thing we can do is check possible outcomes and position our selves accordingly. So lets take a look at the charts. Let me keep it simple... I...

Behzadin Updated 

Hi Everyone! Its been a while since my last post, so lets dive in to the point, without losing time! So what we are seeing here is a parabolic move with hype will end in a big crash!! When we look at the fundamentals we are still not able to see PE ratio due to earnings being negative and the PB is close to 20. It is a crazy thing to see that an manufacturing...

Behzadin

Hello Everyone!! I see lot of people waiting low 6k or even high 5k levels to long BTC. And every time we enter high 6k levels and jump above 7k I see people getting rekt, thinking they missed out their buying opportunity. The key is to ask your self, " What changed in a hour?" . Usually the answer is "Nothing!". So lets dive right into the chart and try to make...

Behzadin

Hi Everyone!! Without wasting any of your time lets dive in to ETH's chart! So since the 20% inflation news hit the mainstream(crypto mainstream) ETH I see people not being able to decide, to long or short ETH. So let me try to show what I see. At this very moment ETH is testing a key resistance level. This level has acted as support and as ETH was falling and...

Behzadin

Hi everyone! It has been a while since a new post, however much hasn't changed, BTC is moving as we predicted on our previous post.Therefor I just wanted to share a pattern that hits the eye on the weekly chart. We could see that after a gradual price drop(back to back red weeks), We get a solid jump then create a doji(losing the momentum and changing direction),...

Behzadin Updated 

Hi Everyone! As we watch the charts play out we see that we get more confident with our targets. Since we predicted 6600 levels was a good entry point and 7750 was a good time to take profits BTC has been moving the same way as we expected. The last few post we were focusing on shorter time frames such as, 4hr and the daily. Lets look at weekly to see how thing...

Behzadin Updated 

Hi Everyone! Since our last 2 posts, much hasn't changed.The sentiment is negative which, I do agree with. However we do not move towards target with one move. There are people who are taking their profit people who are fearing of missing out and people who are just cost averaging. So we might see an opposite move when "EVERYBODY" is waiting a sharp drop to...

Behzadin

Hi Everyone!! In our last post, we have started to buy the "fear" around 6600 level. Which turned out to be a spot on call. Since then BTC has made 13% upwards movement. So what is about to happen next? Has it bottomed or is the lower price yet to come? Well i believe the bottom has yet to come. We just had a 3 wave correction and going to continue to move...

Behzadin

Hi everyone!! I do not have much to add technically from the previous post.We have set our positions and BTC has entered our buy zone. The reason for this post is seeing sentiment changing with price action. People that have been calling moon at 13k are now saying, we are heading below 2k levels. As what we have always done, we move to the opposite direction...

Behzadin Updated 

Hi Everyone!! As we predicted on the previous post BTC has made a big drop and now seems to be hanging around 7300-7250 range. So what is the next move. Well the RSI is pretty low and it needs to move up before another move down. So we might see BTC going side ways or even higher,However we are relay close on, 50 EMA crossing below 200 EMA. Which will lead to...

Behzadin

Hi Everyone!! As in our previous post we have indicated that BTC was stuck between 200 EMA and 50 EMA. Our call was to enter a small position with a stop loss under 200 EMA and wait to see if broke above 50 EMA, to enter a larger size poison. As we predicted falling below 200 EMA has pushed BTC to lower levels and now we are testing 8000-8200 levels. When we...

Behzadin

Hi everyone! As we take a look at gold action we could see that it hit our support level from our previous analysis(link below) and bounced back up again. I believe we are currently sticking to the channel and making a small bounce, a three wave correction. I believe we will continue the downward movement and hit second support afterwards.In the mean time for this...

Behzadin

Hi everyone!!Sorry that I wasn't able to post for the last few weeks. But I am back. Lets dive in to the chart. So we have broke the trend line and have been staying above it for a while now. After we broke the channel we are now testing the trend line as a support. Which is also aligning with 200 EMA. Which makes it a strong support. However we still have...

Behzadin

Hi Everyone! We weren't Expecting such a juristic move yet this is crypto world. As in our previous we explained that we were at support level and we could make a jump back to the top of the channel and continue to move downwards. It was a 50-50 chance for the upward movement so I did not believe in opening knew positions since it would be pure gambling. However...

Behzadin Updated 

Hi everyone!! As always we say positioning is every thing!! Hedging yourself is key!! Multiple position may seem to make you lose profits however it also saves you from your losses. After Xi call to accelerate research in blockchain technologies, we got a "crazy" run, as if crazy would be enough to describe.However lets check the chart do our TA. We could simply...

Behzadin

Hi everyone. As from my previous post on BTC I had explained that, if 50 EMA on weekly would break we would see a big drop. And as always when BTC drops it brings the whole market with it. This made me want to take a look at ETH, since it has lots of things happening,fundamentally, such as staking, beacon chain, istanbul upgrade and lot of other projects progress...