Are buyers or sellers in control? We'll know very quickly within the next few days - if we use magenta strong controlled selling to build liquidity and then gap up above purple tapered, we'll know bulls are. However, if blue tapered controlled buying (the algorithm that has built liquidity for the bears over and over again prior to massive drops) holds price, we...
•Gold price ticks lower on Monday following the post-NFP price action whipsaw. •Elevated US bond yields act as a tailwind for the USD and exert pressure on the XAU/USD. •A softer risk tone should help limit deeper losses as the focus shifts to the US inflation data. Gold price (XAU/USD) staged a goodish intraday recovery of around $40 from over a two-week low...
I like to assess pre-market conditions for assessing potential volume and price gap filling for the day. With a series of conflicting financial and stock market news, including this morning national payroll updates, I would be expecting a brief respite in price action for SPY up towards 392.5-393.5, but I'll note I'm uncertain SPY will push up its recent gap...
My analysis shows that we can head towards 0.4 or plunged below 0.25 Please note that this is my own research profits are amplified, but so are losses.
Hello !! Welcome to the quick update of BTCUSDT. From a long time, it was trading between 37200 and 39300. We saw a pump from 37200 until 40000. BTC suddenly took a dump until 37000 again breaking the bear flag downwards. Unfortunately, BTC was unable to hold the 37000 level and it broke the initial support. As of now, BTC is tarding at around 35800 and I think...
Let's keep it simple: there's a lot of resistance we need to break past in order to actually break up. Even still, looking downwards for an easy path is not certain either. If Bitcoin can survive the declaration and act of sudden war of a large country and economic powerhouse such as Russia, can we even trust that it will break downwards?! The path is not clear,...
So BTC broke out of the 44k range and retraced back. Weekly closed below 42k resistance. So far bearish picture. Daily close above 43k would be first bullish sign worth a bid. Until then waiting for big weekly support at 32k. Currently the market follows stock market and this chop is PVP battle. Trying to trade low time frames is suicidal, at least for less...
Since 5th of June to today - ascending tunnel formation built out of higher highs and higher lows creating the shape of a tunnel going up. The range to sustain the pattern is 1789 - 1825. A break below 1789 with a 4h close, will allow for further decline down, as a first stage to 1760 hourly support. A break above 1825 with a 4h close, will allow for target of...
One thing is certain, market uncertainty is here to stay. A bet to the contrary, IMHO, is a huge longshot. Ukraine, Russia, China, Mid East, United States and Europe are all in .... re-arrangement ... Yield Curve has again shown signs of 'flattening . inverting'. What happens when the markets are uncertain? Investors are willing to pay more money for...
Is price accumulating or redistributing? Price is moving within this range? Where to next? I’m inclined to believe A is the higher chance of of probabilities I haven’t even checked but it looks like price is waiting for news catalyst to make a dramatic move, either way. Pay attention to 4 hour candle closes
if we fail the double top, and break 18.34 confirming a downtrend with a lower high, or immediately continue bear vix, im fine with selling volatility here. if we immediately continue over 19.17, or we set a higher low over the .382 of the bounce and break the high i would stay long vix for the time being if multiple sectors are continuing to make new lows...
A simple economic condition: Uncertainty UP - US Bond Demand UP - Bond Prices UP - Bond Yields DOWN This case study focuses on Covid news and investors reaction to uncertainty.
At the moment, 50k-53k is a very critical level for $BTC in order to determine whether or not we'll move into a bull run or not. Another rejection and bobos will have a field day seeing no one happy for Christmas this December. I've laid out a couple of scenarios for BTC: Bull case: -We breach the trendline and make a higher high and complete a wave 3 target...
Yesterday price dropped down below 200 EMA to the support zone. Later, it moved back up again closing above EMA and within the previous candle's range. This pinbar has three supportive factors making it more significant than any other. ► It breached 200 EMA, yet it closed above it confirming the dynamic level to be a support. ► Opened and closed within the...
BITSTAMP:BTCUSD BINANCE:BTCUSDT Hi ,In this video I will breakdown the reasons for the current Crypto Dump and and discuss about the potential outcomes of this event!! If you did find this video helpful follow me for more and leave a like!! Thanks🤞=)
Idea for VIX: - Testing my new Heisenberg's Uncertainty Bands indicator (HUB). Hypothesis: - Whenever price (time factored out) breaks out from the 5th Fibonacci level, it signals that greater volatility is approaching. Expectations: - As price becomes more certain (buyers and sellers agree to a level or trend), the uncertainty range of price contracts, and the...
In my opinion cryptomarket,will bleed huge. My fundamental analysis: NYAG needs documents from $USDT within 90 days, USDT market cap still rises as they print money, but in my thought at some point they need to redeem and burn their tokens in order to get their documentation in place. Every crypto (altcoin,bitcoin) graph draws head and shoulders on the chart, I...
many people still thinks we're in a V-Shape recovery , but it's a K-Shaped recovery in progress right now. which is one of last thing you want to see in a major economy. dumb money goes into many worthless tech companies and spike their market caps at unbeliavable levels. (just like before 2000 dotcom bust) on the otherside industrial sectors are not showing any...