M1 : Currently below the 38.2% Fib ret (2735) of the 86-4372 rally... W1 : Currently below the weekly pivot level of 3025 D1 : In a ongoing downtrend channel, still above the clouds support area. Today's candle is showing, for the time being, a potential bearish pattern. Wait D1 closing for validation or invalidation ! H4 : Double top formation in progress and...
M1 : Ongoing downtrend in progress W1 : Failure to recover above the W1 pivot level @ 41230 is confirming the downside direction D1 : Yesterday's price action triggered a breakout attempt of the cluster (former uptrend support line and former downtrend line) which failed after having reached an intraday high @ 40'904. BTC also missed to stay and hold above the...
H1 : A potential breakout of the ascending triangle is in progress and should be confirmed. Likely to see some pullback towards the breakout level (around 40'000) Watch closely price action over the coming minutes and hours, as a breakout confirmation of this pattern would open the door for 43'434 (+ 3474) which would be the first step towards the next...
M1 : Currently holding above KS and TS but still showing a long black bearish candle in progress. Monthly closing level important to watch at ! W1 : Primary downtrend still intact and still below KS (41230) which should be seen as the key pivot level on W1 time frame. D1 : Despite a nice recovery seen ove the last couple of days, BTC is still far away below the...
M1 : Levels to watch : Upside : 1.80 Downside : 1.4880 W1: Last week closing below Tenkan-Sen D1 : In an ongoing downtrend channel, currently below TS and MBB; currently traded around the top clouds support zone and still above the middle level of this downtrend channel. H4 : Last recovery attempt towards 1.69, failed !Below KS, MBB and TS. Bottom of the...
M1 : Volatility, volatility and volatility... W1 : Watch weekly pivot level @ 0.4108. In this time frame, only a sustainable recovery above that level, would neutralise the ongoing downside risk D1 : Ongoing downtrend still in place; Tenkan-Sen has been briefly tested today. A daily closing above TS and above the ongoing downtrend line resistance would be the...
M1 : Ongoing bearish price action. W1 : Ongoing downtrend... Watch weekly pivot level @ 41230. Only a move above this level on this time frame would neutralise the ongoing downside risk. D1 : Nice recovery seen yesterday which triggered a bullish engulfing pattern, BUT IT DID NOT RECOVER ABOVE TENKAN-SEN...Today's closing level will be very important for further...
M1 : Ongoing bearish price action W1 : Last week closing level above MBB triggered a corrective move recovery towards a high so far of 2750. Still below the weekly pivot level @ 2950 and Tenkan Sen @ 3025 D1 : Yesterday's price action triggered a bullish engulfing pattern which breakout the clouds on the upside...BUT IT DID NOT BREAKOUT THE TENKAN-SEN YET !! Watch...
H4 : Looking at this 4 hours chart you can note the following : 1) From the breakout of the clouds support level around 55'500 BTC has : A) NEVER BEEN ABLE TO RECOVER AND HOLD ABOVE MBB ! B) NEVER BEEN ABLE TO RECOVER ABOVE THE CLOUDS ! 2) Each recovery attempt, has only been corrective and not as a trend reversal has already mentioned many times in my previous...
M1 : Ongoing bearish price action. Low seen so far @ 1'888. Currently below TS and KS. W1 : Mid Bollinger Band (@ 2022) has briefly been reached,followed by a corrective move only. Ongoing black candle is VERY BEARISH and a failure to close today above the weekly pivot level @ 2950 would confirm further downside in the cards for the upcoming session (s) D1 :...
M1 : Ongoing downtrend price action W1 : Currently below 40'550 (W1 pivot level) Weekly closing today, will give clues for next week D1 : Ongoing downtrend, below the cluster (MBB, KS and TS) In a kind of broad triangle formation in progress !! Failure to stay and hold, on a daily closing above the current support trend line would be negative for the upcoming...
M1 : Ongoing downtrend process. Low reached so far @ 30'066 W1 : Below the cluster. Weekly closing will be once more, VERY IMPORTANT ! Indeed, a failure to close above 40'550 on W1 closing basis would confirm further downside in the cards for next week D1 : The trend is your friend. As long as BTC is below 40'000-40'550 on D1 basis, selling pressure will...
URANIUM IS A MEDIUM/LONG TERM BUY WITH A STORY BEHIND IT !!! M1 : BREAKOUT OF THE CLOUDS ON A MONTHLY BASIS Plenty of space on the upside. Begin to buy a LONG STRATEGIC POSITION AT CURRENT LEVEL Investment vehicle : ETF URA (last price $ 21.35)
H1 : Recent price action is triggering a triangle formation in progress, above the clouds A BREAKOUT CONFIRMATION WOULD IMPLY A MOVE OF 4'763 PTS 1) Bullish scenario Upside breakout + 4763 would give a target @ around 47'000 2) Bearish scenario Downside breakout + 4763 would give a target @ around 35'650 Watch carefully the MBB level, currently @ 40'795, which is...
M1 : Roughly at the 61.8 % Fib ret (0.3941 W1 : Weekly pivot level @ 0.4715 D1 : In an ongoing downtrend; recovery from the bottom purely corrective, Below the cluster H4 : Below the clouds and below the Mid Bollinger Band. Watch 0.4200 on the upside and 0.3700-0.3650 on the downside. A breakout of one of those levels will give the direction for the...
M1 : Currently traded roughly at the 38.2 % Fib ret level of 2735 W1: Weekly pivot level is @ 3'436 D1 : Yesterday's price action triggered an attempt to reenter in the former downtrend channel. Closing level was below the base of this former channel ! Watch today's closing to get more clues on this time frame H4 : Failure to recover both above the Mid Bollinger...
M1 : Global picture is still showing a broad trend reversal with an ongoing long black candle in progress ! W1 : Currently below the weekly pivot level @ 40'550 D1 : Yesterday's flash crash triggered a very high volatility (43'000 to 30'066) then up above 40'000 with a closing level @ 36'780. Today's ongoing candle is showing a new recovery attempt. A daily...
M1 : Nice reversal since the peak @ 0.7414... 61.8% Fib ret g 0.3942 W1 : Currently below the W1 pivot level @ 0.4715 Ongoing candle is showing a long black candle and a failure to recover and hold aboe 0.4715 on a W1 basis would be very negative. D1 : Ongoing downtrend, below the cluster (MBB, KS and TS) Watch at the 40.00 area as the next significant support...