Bullish gold speculation In monthly chart we see an orderblock marked with yellowish color, and a purple orderblock. The general trend of gold has been bullish as we can see, it is expected to reach the area purple and fall.
BTC looking close to finishing this complex correction, hard to say if its a 2 wave or a B, my larger count suggests this is still a B wave and we will end up making a lower low and testing 3k. However it always remains possible to break impulsively up and if thats the case we should see quite a bit of strength on the next move. Order blocks daily and 4 hour are...
H&S pattern playing out on the daily. Got price taking out stops into an OB, with rsi and AO divergence. Price breakdown with a LLLC good entry signal, or a close below a broken s/r for more conservative entry.
#BTCUSD Price Action Setup/Analysis with thoughts outlined in the chart.
Still Expecting us to put in a new low, this box is a huge problem shoving us down further, i think a capitulation wick is coming then a possible late-short liquidation spree.
Weekly bearish block rejected BTC today and now it's retracing. Why 3500? 1H and 4H bullish orderblocks and fib support seem aligning there. If we get there, I might take a long. I'll observe for now.
$MAT has been in free fall for a while and is about to test monthly order block. Good opportunity for a long position, especially considering divergences on virtually any time frame.
It seems like bearish block has been passed with no resistance. And now testing. If it holds, my TP would be 3640. My first try so do not take this seriously :)
With internal momentum still favoring the bears (although it could weaken a bit) the next level to consider a buy is inside the highlighted order block on the chart. Internal trend momentum is measured with the ADX indicator, and it still favors the bears here. The midpoint of the historical consolidation area (order block) is near $2800 and will re-evaluate...
Eos in trouble. If price will Break level 56286 and close below it on daily or weekly candle , there'll be many chance to see it at level 32080. Short agressive : on close candle below the level. Short conservative : on retest of level after close below it.
Got a fill as per my previous chart, looking for quite a down swing here as XRP fails to breakout on the larger timeframe
Here's another macro look at Bitcoin. - We have dropped to the 4200 level on Coinbase as predicted in one of the scenarios of the previous macro analysis. - We also had a spike fakeout upwards on CME expiration day due to Tether FUD - described as a possible violent move in the previous analysis. A Recap of key recent events: - Tether FUD (dropped to 0.85$)...
The small H&S pattern already hit and the market fell quickly, but found buyers at the low range of a watched order block. Where is the volume? I am staying long unless we break down through the order block where a bunch of buyers should hold as a floor. If not.. I wait for $4500 minimum on a decisive break before adding longs. Thoughts?
If we take the fib from the last major high and low on the 1H timeframe we can see that ICX has retraced right around 0.705 level which is ideal AND touched that 1H gray bullish breaker. Also a good sign is that it's been making higher lows on the 4H and Daily timeframes. Only thing that worries me right now is that green pivot level which we have fallen through...
Went long on TRX. Higher highs and higher lows formed (circles). Bottom support held (blue line). Bull div on daily RSI and Stoch RSI. Taking profits at previous resistances. Keeping my stop loss below the low that would invalidate the uptrend. To Long or Short TRX w/ leverage: www.bitmex.com
XRP turned resistance to support on the daily after breakout and rally. Currently hitting resistance. Entering the trade on a retest of the support. Taking profits at previous resistances. Potential bull div on the daily MACD. To Long or Short XRP with leverage: www.bitmex.com
WAIT FOR IT... DAILY: HEAD AND SHOULDERS, BEAR PIN BAR IN A ZONE, YEAR'S HIGH AND GOOD MARKET STRUCTURE TO GRAB LIQUIDITY. POLITICAL SCENARIO: TRUMP PRESSING OPEC.