Kreedmonger

Kreedmonger

COINBASE:BTCUSD is trying to figure out if it will break or reject 70k resistance. RSI overbought and price at resistance , I'd like to think a pullback is very likely. Pullback targets: 58,000 below that is 50,000. Both levels would give perfect opportunities to buy dips on your favorite cryptos. Regardless of this price action , we also have to keep in mind...

Kreedmonger

78.6 fib approaching. Will be interesting to see the reaction into the next few days / end of this year. Caution

Kreedmonger

Chart is pretty self explanatory. Below 30k we can retest the Fib(s) down below . Bearish below $30,000

Kreedmonger

These are my updated Fibonacci levels on Bitcoin. Expect big moves off of each level .

Kreedmonger

Spy so far double rejected the 61.8 fib and to keep things simple , a Retest of the lower fib near 415 would be the next target .

Kreedmonger

BTC currently trading within this fib range, highlighted in the box . Break above the 61.8 can send it to 35-36k +

Kreedmonger Updated 

TSLA setting up to retest 195 POC and 190 fib below into next week. Look closer and you can also see a nice head and shoulders forming . In that case I would think we see much lower than 190.

Kreedmonger

So far we got above that 4010 briefly and couldn't hold above it long; now back in the 3960's as i previously stated we would retest this area on a failed breakout.

Kreedmonger

If ES gets above 4010 and holds, next targets are 4100,4150. Failure to break 4000-4010 will likely send us to volume shelf support at 3960-3950. No bounce there its 3900.

Kreedmonger

We can test 4018 old resistance or fill gap to 4010. Could even test 4000. A bounce in any of these areas would be ideal for making next leg up to 4050,4070. Above 4050 sets us up for 4100’s. Below 4000 we’re back in bear land

Kreedmonger

Above 3950 we could start filling volume gap near 4100's, also in congruence with trendline bounce .need to stay above 3900 short term.

Kreedmonger

these levels look great for some intraday trades/ maybe some swings

Kreedmonger

Bulls need to hod this fib support or it gets fugly

Kreedmonger

with SNOW holding / breaking above 193 im targeting next fib lvl: 215

Kreedmonger

if NVDA breaks above 180, I'm targeting 188-190 area. on watchlist for tomorrow

Kreedmonger

Current SPX range . Above supply expect retest of 4200. Below 38.2 fib expect hello vwap or the lower fib to hit .

Kreedmonger

Below the current fib lvl ( which it bounced perfectly on ) expect possible bounce near 4080 or down to 4060 it is.

Kreedmonger

I would look to short inside the yellow rectangle if we get there. Obviously if we break out of that area with volume , then this is invalidated .I would like bounce to 4160 & rejection for strong downside move .