ETHUSD Daily bearish. Recommended ratio: 5% ETH, 95% Cash. *With Celsius and 3AC both crashing hard and on the verge of total collapse, the crypto market is continuing to take a barrage of bearish hits during a period of Fed QT and hawkish monetary policy.* Price is currently forming a Bearish Engulfing candle (at $1050) as it quickly approaches sub-$1000...
The fib time zone that I have drawn on the DXY chart tells that there is going to be a strong move but as anybody who has used fib time zones knows, it doesn't say in what direction. The bond market has (according to traders better than me) priced in so a 75bps hike, so that is certainly on the cards (I don't think that that will happen tbh but I'm pulling that...
The Swiss franc has posted massive gains today after the Swiss National Bank raised interest rates by 0.50%. In the North American session, USD/CHF is trading at 0.9653, down a massive 2.91% on the day. It has been a week of central bank drama, which started with the Federal Reserve delivering a massive 0.75% rate hike. This was followed today by a Swiss shocker,...
1.Clear market shift in 4h frame. 2. Double down in 1h chart with no retest 3.Too much liquidity lying under 19.4 4. When using volume profile i see the imbalance at 20.6-23.2-25.2 up till 28.2 5. Some correction needs to be done before going any lower. If btc breaks my sl it goes straight to 17.6-14.8 6. BTC on supp of 40% retracement level in log chart 7....
It just missed our start of the box but no worries. i am a bear and i think it's the perfect time for a bear market rally provided spx holds it levels. Although before rallying i first would like to see btc hold 20k when spx take out the lows of 2021. the first target for rally would be 28k then 33k if that holds we can talk about 35k and 40k. This would be a...
BTCUSD Daily cautiously bearish. Recommended ratio: 15% BTC, 85% Cash. *Markets seemed to like the Fed's decision to go with a 75 bp rate hike, but with the next PMI report arriving on June 23rd it's unclear how long this excitement will last. If PMI comes in higher than last month and by a larger percentage than the previous report, it would imply that inflation...
USD/FOMC – The Federal Reserve raised interest rates by 75 basis points on Wednesday – its single biggest rate increase since 1994. The Fed justified the historic move was necessary to fight inflation but also projected a slowing economy and rising unemployment in the months ahead. Following an initial uptick in USD, the reserve currency sold off across the...
✅ TP1 Reached ✅ ~ $ 1831 ✅ TP2 Reached ✅ ~ $ 1842 Last analysis : As you can see, after collecting liquidity below $ 1807, the price faced demand and increased by $ 20, now trading in the range of $ 1827, the first scenario is to rise to the levels indicated on the chart, respectively: $ 1831, 1842, $ 1851, $ 1857 and $ 1863 ...! The second scenario is...
Quick update on the Cycle Bottom Indicator (CBI) tracking + Log Chart post central bank federal funds rate announcement with a 75 basis point increase. See link for announcement: www.wsj.com This was not too much of a surprise, given: 1) inflation numbers after a 2) massive increase in M1 currency supply post COVID (in all tear 1 currencies) and 3) the...
KOG Report FOMC: This is our view for FOMC today, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile and can cause aggressive swings in price. Gold...
If 20500 gets broken(with conviction i.e red vector with high vol and large spread) expect lower prices post fomc
Just hours before FOMC. Im heading to bed allowing whatever happen to my Nasdaq Trade. Kinda late here already.
The First Target Reached : +100 Pips so far Last analysis : As you can see, after collecting liquidity below $ 1807, the price faced demand and increased by $ 20, now trading in the range of $ 1827, the first scenario is to rise to the levels indicated on the chart, respectively: $ 1831, 1842, $ 1851, $ 1857 and $ 1863 ...! The second scenario is rejecting from...
Stocks are hovering at lows, establishing value in the mid 3700's. The S&P 500 is clearly waiting for the FOMC event today, so don't expect much action at open. The Kovach OBV has picked up a bit, and we have found support in the low 3700's. We appear to be forming a small bull wedge pattern with a neckline at 3758. If we do break out, we should find immediate...
- DXY is currently at 104.863 LEVEL. The USD traded slightly lower with the MARKET RISK OFF in the last few days. Also, at present the CAD FEATURE is at 0.7725 LEVEL. However, CAD is a bit WEAK compared to DXY. Due to this USDCAD is becoming BUY. This is because the USD receives a POSITIVE SENTIMENT and the USD receives a RATE HIKE SENTIMENT. - Currently...
BTC is running bearish in a steeper downward channel. The lower line of the channel comes to $15267.44 today. (As shown in the chart) The expectation of FOMC’s decision now shows 6.3% for +50bp; 93.7% for +75bp; 0% +25%bp . The market agrees on 20k as key support, an astute point at $20222.47. Nevertheless, monitor the next support is $18457.23. Fed’s...
ETH/USD Daily cautiously bearish. Recommended ratio: 10% ETH, 90% Cash. *FOMC WATCH tomorrow at 2pm. For those thinking that Celsius Network is what caused this recent crypto downturn, the same can be said for Terra, and both look like prime scapegoats but the fact is that they merely added fuel to an already blazing fire. $9.3 trillion has now left the stock...
After a long period of whales manipulation and consolidation, bitcoin or btcusdt had finally moved down! It trapped the bulltards before reversing the market to go down. We finally moved down to 21k usdt. Now, I bias is neutral, either we move up from here or we continue to go down. There is an upcoming FOMC news! How do you think it will move the...