This is the update for my previous view on BCH. Price managed to respect 150$ mark and also managed to liquidate its previous major low at 100$. But, because price couldn't close below 100, I believe now that as soon as BCH confirms that 93$ is now our next protected low, we can target buys towards 150 once again and now even towards 200$.
This is an update for BTC regarding the overall potential move that can happen. I believe that price can fulfill 26.5k and even retest 27.5k before dropping lower. As soon as price manages to break below 25.85k, BTC can drop dowards 24k and even 23k before climbing strongly up.
Looking at the 3day chart, we can actually see that a falling wedge pattern has been formed since the latest high at 31k. But because this type of wedge has a fakeout before the breakout most of the times, I still believe that BTC can drop towards 23-24k to liquidate the latest area of imbalance. This form of liquidation would gather all the strength needed for...
This is the update for BCH. I strongly believe that BCH should liquidate lows from 108, BUT respect 105$. Once price does that, BCH should be ready to target 125$. Once price breaks above 125, it can finally target 150. But only if price breaks above 150$, we can finally say that BCH is bullish.
THis is an update for my DCA entry in which i expect a potential correction if price doesn't manage to close back above 0.54 and even 0.59 by the end of the month. My sells target is at 0.2 and 0.4
This is where I explain in Romanian 2 possible scenarios, now that price liquidated 25.5k mark. English update coming in soon so stay tuned.
In this video I've shown how the price action behaves immediately before/ after FED minutes release.
This is my view for gold for today's set-ups. First scenario is bullish were a break above 1981 would confirm buys towards 1985, with final targets between 1990 and 2000 due to NFP. Second scenario is bearish where price breaks below 1978, confirming sells towawrds 1976 and 1972 to even 1967 due to NFP volatility again.
This is the update of my previous idea for BTC. We now have to wait for BTC to respect its current high @28.5k and only when price breaks below the next potential low that can form inside this strong demand, we can enter sells. On the other hand, a break above 28.5k can actually push BTC all the way up to 30k and possibly 34k in the nearest future.
This is only the update of my previous view on BTC. I will also post the update in english, so make sure to stay tuned.
For the last couple weeks, the Dow and SPY have been moving in different directions. This is very rare and usually leads to massive volatility. Details are explained in the video.
Dow theory is a phenomenon which compares Dow Transports to the broader Dow Industrials. It tends to discount future events and can predict major moves in the market.
This is the result for today's analysis. Enjoy!!! The sells scenario was valid as soon as price failed to close above latest supply, which is why we decided to take sells as soon as price breaks the latest wick low of the candle responsible for the failed breakout.
Here are the 2 possible scenarios for gold depending on how price reacts at this last supply area.
This is a continuation of my previous view regarding BTC. You will find 2 possible scenarios for the short term.
BCH has changed its structure a bit. It look now more promising than in the past. But only a break above 125 would push price towards 135 and even 150. Until then, price can still liquidate its current intermediary low and drop further, towards 100.
This is now the continuation of my previous view regarding BTC. I've explained why I'm looking for short more than looking for longs. A video in english is going to be posted shortly after this one, so make sure to stay tuned!!!
This is my view for gold for the next week. I still tend to believe that as long as price remains below 2020, price can still drop towards 2000. On the other hand, a break above 2020 can push price towards 2031 and potentially 2040.