Good Evening and I hope you are well. comment: All bear trend lines clearly broken and higher prices are expected. My line in the sand for the bears is now 67250. If bulls can get above that, we see 70000 with very high probability next. I got measured move targets 70000 and 72000. current market cycle: Trading range but I’m open to a bull trend for retest...
Good Evening and I hope you are well. overall market comment US PPI surprised upwards and markets printed a crash bar, just so the bulls can do the reversal and squeeze all the shorts. Measured move targets from that spike lead to many logical resistance levels and after today there can be little doubt we won’t get there before US CPI is released. Odds that...
Good Morning and I hope you are well. A quick one on #baba Alibaba comment: Last time I wrote about Baba I said this "medium-long term: Sideways until no lower lows and consecutive bigger bull bars without an immediate selloff the next days" The stock found it's bottom and points upwards. Many tails around the 68/70 area below and big bull bars now...
Good Evening, I hope you had a great weekend and you are well. overall market comment Very slow and range bound trading day in most markets, so only a short update today because my nothing in my weekly premise changed today. gold comment: Market is forming a triangle and since we are near the low, bulls are expected to buy it above 2312 to not make lower...
Good Evening and I hope you are well. current market cycle: Very weak bear trend - if bulls trade it above 67400, it’s a trading range key levels: 56000 - 65000 comment: My white circle played out exactly as I thought it would and bulls having a bad time trading above the daily 20ema which is bearish. Bulls will probably soon give up trying to keep this...
overall market comment Markets clearly proved me wrong this week and right now the only question is how high this squeeze goes before we reverse. Dax already made a new ATH and it does not look like it’s going to stop anytime soon. For the sp500 & nasdaq markets tried multiple times on Friday to melt up on big volume but some bigger institutions stuffed the...
I hope you guys caught our short from over 64k and how is the time to take profits and be prepared for another short!
Weekly Chart, so this May take a while. but it will be worth it! Short, at $255ish, Cover $219 or Lower. Juice with some PUTS, Lemon, ice gently Shaken, not Stirred yippee Ki-yay... Hombres A planet of playthings, we dance on the strings of powers we cannot perceive
Good Evening and I hope you are well. Gold comment: Strong buying today and bulls made a higher low and higher highs. Please have a look at my chart, which contains my next best guess on what could happen. 2375ish has enough targets to be a magnet above but I don’t think we can get there without a pull-back. A retest of 2448 is still very possible. current...
The precedent forecast has worked like a charm even if I almost lost faith with that bear trap Inv H&S With left shoulders ~129 days Head is 84 days (150% is 126 days so kinda harmonic lol) All that delimited buy touching 200 MA 1H ! there is a downward momentum at the moment on BTC, If we take another 129 days like shown on the graph, from early May, 200MA 1H...
Good Evening and I hope you are well. overall market comment Markets went sideways again which means balance. Currently most indexes fight for the 1h 20ema and oscillate around it. Bears got a deep pull-back which probably ran many stops just to quickly trade back up again. We are high enough to qualify for a proper lower high so the minimum bullish targets...
Good Evening and I hope you are well. Most indexes closed around their opening prices and that’s as neutral as it gets. Dax squeeze party goes hard again. I do believe with all my heart, buying long term shorts here at 18500 is an absolute no brainer of a trade. It’s also mathematically as sound as it gets. You decide what sounds better. Get an 2x or 3x dax short...
overall market comment I was clearly wrong with the bearish reading and bulls got another strong day and closed at the highs. Strong buying signal going into tomorrow for at least a bit more upside but we got so far, there is no reason why can’t make another couple of points to retest the all time highs now, where I expect sellers to step up again and bulls to...
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gold futures Quote from last week: bear case: Given the bullish climactic nature of the last 2 months, some correction is on order but bears need follow through below 2300 for a retest of the breakout around 2250. On the daily chart, this too is a two legged correction but it’s looking much less bearish, because we are still around the lower bull wedge line....
Traders, Let's review the week's price action on DXY, VIX, Gold, SPY, BTC dominance, USDT dominance, Nvidia, Total3 (altcoins), Solana, and Bitcoin. I'll discuss what the culmination of my indicators is currently showing for the week and weeks ahead.
Dollar strength bottoms historically marked the tops of the Bitcoin bullrun. If the dollar is used to buy Bitcoin, then if the dollar loses strength, more dollars are needed to buy Bitcoin, right? Then if, in the future the dollar crashes hard, can Bitcoin make a super bullish rally?
📊Analysis by AhmadArz: 🔍Entry: 4.926 🛑Stop Loss: 4.578 🎯Take Profit: 5.271 - 5.587 - 5.90 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!