We may see a small pullback in the VIX early in the trading day, or it can continue bullishly upward towards the target of the massive falling wedge it broke out of recently. Don’t let a few green index candles fool you, we have a long way to go before we crush the VIX, unless there is a serious change in fundamentals. When VIX is high, a good hedge is to...
Chiliz ( CHZ ) - end of January 2022 for next big move? Chiliz hovering between triangle and volume support / resistance level. A textbook breakout time would be 2/3 of the pattern length. What do you think about that? 😎 Drop me a nice comment if you'd like me to analyze any other cryptocurrency. *not financial advice do your own research before investing
Shiba Inu (SHIBUSDT) at an interesting price level. Seems that this volume support is very strong since Bitcoin, the Crypto market and traditional market had some selling pressure. What do you think? 😎 Drop me a nice comment if you'd like me to analyze any other cryptocurrency. *not financial advice do your own research before investing
Fantom (FTM) all time high next door - looking strong. The last breakout is confirmed on RSI and OBV as well - very nice. What do you think? 😎 Drop me a nice comment if you'd like me to analyze any other cryptocurrency. *not financial advice do your own research before investing
As you can see on the Daily chart, the BTCUSD is traded in a sideways price action caught between 45'500 on the downside and 52'000 on the upside. Inside this trading range, the middle of the sideways channel @ 48'800 should be seen as the barometer (Bullish above and bearish below on a daily closing basis, of course !) Watch also RSI price action which is for...
Cosmos (ATOM) broke volume restistance - looking strong A conformation also given by the breakout on RSI short-term resistance. What do you think? 😎 Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison. *not financial advice do your own research before investing
4 HOURS (H4) Broad sideways price action (45'500-52'000) with, roughly in the middle of the range the clouds resistance area which for the time being, should be seen as a major zone to break, in order to neutralize this persisting ongoing downside selling pressure. Interesting to look at the Chikou-span price action (have a look back to what happened at the...
Ethereum just closed the last 5-day candle below the orange line (EMA 26). Candle number 8 of 123 after Corona crash 2020. Will Ethereum follow down and find support at the green MA Ribbon line (EMA 60)? What do you think? 😎 Drop me a nice comment if you'd like me to analyze any other cryptocurrency. *not financial advice do your own research before investing
Crypto market at critical decision point directly at beginning of 2022. A break to the downside might postpone many ATHs of many crypto assets. A breakout on the other hand might lead to a great year. What do you think? 😎 Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison. *not financial advice do your own...
Firstly, I wish you an happy New Year, all the best and take care ! Today we are going to look closely at the recent and current price action on the 4 hours chart. We also will have a quick view on daily, weekly and monthly charts too with respective implications on longer time frames. H4 The long black candle which took place between 17:00 and 21:00...
shiba inu long days 2022 golden point I think up shiba inu
Looking at the 4 hours time frame (H4) a potential inverted Head and Shoulders is in progress. Neckline (currently around 47'800) coincides also with the Mid Bollinger Band resistance level and and breakout of those level on a H4 closing level would activate this reversal formation and open the door for a technical target of roughly 50'000...which is also the...
Today we will look at different time frames and we will begin with the hourly chart, then the 4 hours and finally the Daily. 1 HOUR (H1) In this short term time frame we already can identify some minor bullish divergences which triggered this short term reversal which has already crossed over both the TS and KS, facing currently the Mid Bollinger Band which...
Good morning, yesterday's long black candle, (after the shooting star, the day before !) activated my stop loss at 48'309. Indeed, the failure to hold above the former support zone (cluster of KS,TS and MBB, triggered an acceleration towards a low reached, so far at 47'300). Looking at this daily picture, I have to say that, currently the BTCUSD is in trouble...
DAILY (D1) After having nearly filled the 38.2% Fibonacci retracement @ 52'293 (yestedays'high at 52'098) the BTCUSD lost its momentum and went down, in a corrective move, to close on a daily basis @ 50'718; this price action triggered another shooting star, which warned of a potential downside move. Ongoing, today's price action confirmed this warning and as a...
The big support level on the daily chart seems to be working once again. We are long on this one as we expect a good uptrend now and there is some hype incoming, some fund managers say it will be Ethereum killer, but we remain cautious, as it can very volatile as all cryptos. We recommend to put a stop loss at around 1.23 for swing traders.
VeChain VET with enough power to break MA Ribbon? This daily MA Ribbon is more than well respected. The RSI shows room to grow before reaching the resistance. What do you think? 😎 Drop me a nice comment if you'd like me to analyze any other cryptocurrency. *not financial advice do your own research before investing
Multi time frames analysis from Weekly (W1) to Hourly (H1) : WEEKLY (W1) : Last week's price action triggered a BULLISH ENGULFING PATTERN with an it is very important its closing level @ 50'791 above the Kijun-Sen ! Such kind of movement should be seen as the first warning positive signal on a weekly basis observation. In order to confirm this weekly...