Observation: - Beautiful Black Swan: Thx Opep - Break of the primary monthly medium term investors ascending trend - Yeah the monthly one :/ - Break of the secondary monthly long term investors ascending trend with no respect for the demand cloud. - No demand/supply area clearly identified. - Price hold by virtual selffullfilling supports/Resistances. From the...
Observation: - Price ''sleeping'' above the weekly support medium term investors. Advice: => If the weekly closure is below this trend: Open a Short then: Entry1: Top of the supply area (the green cloud of the next trend). Entry2: The trend of an higher cycle. Gl
Observation: For the moment the price hold secondary short term investors ascending trend: Which is a good indicator regarding the current blood bath. => But If this things turns bad with the market, you will have to have a look on the medium term investors weekly ascending trend closure. The condition of closure above will turn the price to the last demand...
Observation: - At the limit of breaking up the min15 medium term investors trend. If we close above in min15, next target is 7340$. - Huge gap between the clouds = No demand aera - In the other hand the resultant harmonics volume in sell was very low in the last cycle. Don't forget your SL set @ the last ascending trend level. Gl,
Observation: => H4 medium investors trend broke. => Daily medium investors trend is above the rope. If this daily closure fail to sleep above the rope, take a short and target the two objectifs on the chart. Gl
Observation and market mapping after the Opep & Corona Black Swan events: => Trend medium term investors in H4 broke => Trend medium term investors in daily broke => Trend medium term investors in weekly broke Assessment done yesterday: The gap between the last supply zone and ascending trend and the weekly medium term investor was 4.8k$ to 7.2k$ (for the top of...
Long term trends are in ascending order but still flat and then with a gradient which has a null weight to lift the price. We need a momentum to take off these trends and start to make them inject $rate into the market with a non null gradient.
ETH is turned North Face. -Neutral red trend is crossing, long terme purple trend. This configuration is bullish. -In the same time ETH is going back above its previous support rope with insane objectif above.
If we close above this rope, two targets are easily reachable. -TP1 on building rope. -TP2 on at the end of the supply predictive area for the next rope.
Observation: Nothings can tell me if the momentum has stopped its race for now: - No tendency change for major trends (rope). - Planty trends and/or clouds to support price drope tendency. - Volume is still green in daily on the resultant. - Waves pattern is acceptable for a round 2. => Clearly, it's a green light for the price to continue to build up in term...
Observations: -Still holding the last target rope with a HH & LL configuration. Holding rope is turning positive (buyers > sellers) -FFT harmonics building up nicely -Volume resultant is almost positive, then to stay conservative i will keep a orange light on this. Next target is the next rope above: -TP1 the rope -TP2 the cloud
I take a risk on this publication as nothings is closed yet :p! But it wouldn't be fun otherwise. Cross between short term and medium term buyers, both building up. -Test of the ascending trend MA(128): Hold ok (for now) -Pull back above the ascending trend MA(64): I expect a stick along this trend for now as the R/R is now affordable. -Both volume and price...
-TP1 at the top of the cloud of the current rope -TP2 at the next rope Observation: -The R/R is rather safe. -Waves resultant holding the price is almost turning green. -Long term cycles building slowly but surely a momentum. -The Clouds of resultants from volume is stained by some red clouds but all volumes rope had been crossed by the clouds (can't popularized...
Two TP above the rope. -Long term waves on current price rope are building up a momentum. -Price waves resultant is almost positive (green). -Green cloud on volume resultant is trying to creat an escape channel (wormshole). Because of this last indicator still in ""orange light", i wouldn't try to TP above TP1. Btw still a fair trade :) GL nb: More than...
Observation: -Cloud fight won by green team on the last rope! youhou! -Harmonic (long & momentum) building up. -Resultant are ok. -Potential cloud btw the two ropes are non existant (There are few resultant nodes: buyers = sellers that could tank the price flat). Don't know if ETH will try to catch the next rope without being helped by a green cloud later. -In...
Observation: - Harmonics long term building up momentum (Most important: Blue wave turning positive => bull trend) - Volume resultants= green - Price resultants= green - R/R no risky for longterm The idea: Two TP for the next rope. One on the rope and the second at the top of the cloud. Gl
Two medium term TP: ETH just got stopped by the MA resultant cloud above the next rope. =>The resultant currently red is now building up to be soon a green resultant. =>The next gap is amazingly huge, the BTC dominance will dump hard even more soon. You have to see the rope not connected to the market like potential bag of green volume...
-TP1 above at the top of the cloud Can't really determine a higher target even in EW as the actif had been hardly manipulated in the previous big cycle. But in term of R/R it's a no risk entry, with nice cycles turning green catalysing the volume (ideal for sceptical ppl ;) ) gl