VanSteenMarketResearch

VanSteenMarketResearch

We can see price breaking out of a bearish pennant, resulting in a solid move down, retesting first, going down again and now going for a potential second retest of the previous support which now becomes resistance. Looking for continuation to the downside. Fundamental backup as the average analyst price target is 180$ a share which is about 20% lower than current prices

VanSteenMarketResearch

1INCH/USD, is heading towards its all time lows, which is also a buying area, indicated in red. I suggest adding in the price goes lower, as you don't know where the real bottom is. Use proper risk management on this as well, this is really important if not the most important thing when investing.

VanSteenMarketResearch

Bitcoin struggles to stay high despite the banking crisis and other fundamental data that should push and keep BTC at higher prices. It recently broke down, heading towards the 25.000 level and potentially lower towards the 20.000 key level, where people might want to go long again.

VanSteenMarketResearch

We are currently in the middle of the month and Christmas is coming. This is a quiet period and normally there will be little movement here. We can therefore conclude that the biggest moves of the month have now come to an end within a week. Assuming that the price closes around this value at the end of the month, we see a pretty good respectation around 200. This...

VanSteenMarketResearch

This is a 6 month chart of the US30 (DOW JONES). We are in an uptrend for the last decades and if this year closes at an all time high or really close to the all time high, we are really likely to see bullish continuation. At the end of last year we saw global stock markets go down resulting in an retracement. This year has had it's ups and downs but the last...

VanSteenMarketResearch

These are just normal market cycles, likely to happen.

VanSteenMarketResearch

A lot of political activity happening on this pair. Technicals are quite strong, further bullish outlook if it breaks 7.

VanSteenMarketResearch

Momentum massively slowing down and getting towards a psychological key level (8000). Price is likely to reverse, aiming for 7000.

VanSteenMarketResearch

A lot of indecision on bitcoin for a long time. Now, short term timeframe is also ranging but if you ask me it is first going to test the 6000 level once again to see where it'll go to.

VanSteenMarketResearch

Potential (small) upside target towards 7900. Otherwise, move down towards 7600 and 7500.

VanSteenMarketResearch

Technicals nicely lining up . 4.70-4.90 selling pressure expected, with aim down towards 4.45, potentially down to 4.20.

VanSteenMarketResearch

Break below 42 means aim down for 40 level. Respectation of 42 means aim up for 46 and potentially higher.

VanSteenMarketResearch

Potential retracement possible towards the 1.60 level, then aiming down for 1.30 where price currently is. From that point, we can expect price continuation down towards 1.00 or price reversal towards 2.00

VanSteenMarketResearch

Potential bearish outlook for the US30. Momentum slowing down, resistance at 25500. On the other hand, price strongly respected the 25000 mark, so let's see if that holds.

VanSteenMarketResearch

Significant sell off in all the cryptocurrencies, but this one rejecting on a key level. Potentially going to make a 2nd touch (bottom) and reverse in movement. Support at 10.00, rejecting there now. Resistance at 15.00, aiming for that level.

VanSteenMarketResearch

Strong price level 1.185 (resistance), looking for bearish drop towards 1.17 or 1.15 with a break of those channel lines.

VanSteenMarketResearch

Definitely bearish view on actually all the cryptocurrencies right now. Significant drop down, staying bearish till at least the end of May lows. 2 important levels away from price now. Resistance at 0.63 Support at 0.58 Further updates will come

VanSteenMarketResearch

Expecting further bearish move. The Asian session made the yen strenghten (so GBPJPY weaken). This sell off was quite significant making it difficult for price to continue higher. Now looking for a drop towards 144. Potentially retesting the trendlines to make one more swing before continuing down