XForceGlobal

XForceGlobal Wizard

We would love to give our take on the bearish case (we are not saying we are completely bearish!) We have found an extremely interesting pattern that no one may be eyeing. We have created a parallel channel that has been showing perfect support and resistance zones that may contribute to Bitcoin's downward movement. Based on some of the data we found over the...

XForceGlobal Wizard

Short term: Bitcoin is trading between two tight resistance and support zones. It would be best to take a position near the resistance zone at this point in time due to the amount of risk involved in terms of percentage gains/losses. If Bitcoin manages to break above our resistance zones, another long entry after some form of consolidation is shown at our new...

XForceGlobal Wizard Updated 

We are currently seeing a possible wave 5 up to 20K regions, most likely setting a new record for any coin to reach such heights. YFI has surpassed the price of Bitcoin! This may paint another picture for a bigger wave 3, which may even bring us to higher levels in the future if the hype stays. We should be expecting profit taking at the next major psychological...

XForceGlobal Wizard

Ethereum is currently painting a possible large head and shoulders pattern that could lead to lower prices if bulls are not able to secure this area. A head and shoulders is created when we see a large inflation in price after a small consolidation, then a large drop, which is then followed by another consolidation phase. We believe that if played out correctly,...

XForceGlobal Wizard

Gold has established two different supports on the smaller time frame (4H). After breaking out of the immediate trend line, we can see some opportunities for trading a quick scalp for the intraday traders. We believe the current setup from the time of writing is anywhere between 2% as a conservative exit, or a 5% hard target at ATH levels. Trade Safe. X Force.

XForceGlobal Wizard

Link has shown over 1000%+ growth for the past few months. It is one of the few coins that was almost impossible to predict; however, with every step on the timeline, we are seeing new opportunities as create new support and resistance levels. Now that we are seeing a small trading opportunity, we believe Link has created a minor horizontal support that can be a...

XForceGlobal Wizard

Bitcoin is currently playing out a bullish divergence that we have just spotted for the short term play. While we are still medium-term bearish, we think that this short term bullish divergence can be an opportunity for intra-day traders. Remember, this is a potential bounce from the hard drop we had from several days ago we have called for. We are now seeing the...

XForceGlobal Wizard

First of all, thank you for 1,000 followers! We really appreciate everyone for giving us the opportunity to share our thoughts on the market. We hope our views help you as we try to stay non bias within the market. Bullish Case (probability = 35%): - Bitcoin is currently seeing only one major case for being bullish -> Bitcoin would have to negate all...

XForceGlobal Wizard

Bitcoin is currently at crossroads for the adjusted market cycle psychology theory. As we were not able to secure 12K, it seems like the bears have taken control for the short term; however, Bitcoin is argued by many that we may be on to new highs. Keeping in mind with our incredible recovery from the COVID19 crash, is this merely a bull trap? We have seen a...

XForceGlobal Wizard

Bitcoin is currently painting a strong picture of a rising wedge which is severely bearish in technical terms with low volume; however, a break above will mean that Bitcoin will be turning all major bearish scenarios into a bullish one. There are currently only TWO possible scenarios on the larger time frames - the weekly for this instance: 1. A bullish...

XForceGlobal Wizard

XRP could be showing signs of strength with low volume accumulation on the weekly chart. This is a very good sign as it can indicate that although price has been going down, we had a small green volume breakout candle bar. Here we show all scenarios of where a good accumulation zone for XRP would be, and where the bullish/bearish breaks are. Trade Safe. X Force.

XForceGlobal Wizard

Ethereum is currently showing strong rejection at current levels suggesting that it might be moving towards lower levels. Eth is currently the main mover advantage within the alt coin market and $400 Ethereum is currently showing no signs of strength, even as a psychological barrier. We have plotted two scenarios for both bulls and bears; however, we find that...

XForceGlobal Wizard

If you like our content, please take the time to 'like' our posts! Technicals & Fundamentals: 1. The US Dollar might be rallying as suggested by our previous theory, and we are seeing the bounce as we speak. Please take a look at our US Dollar vs. Bitcoin Analysis and how they correlate: 2. We are seeing a full blown Head and Shoulders (Hns) pattern being...

XForceGlobal Wizard

If you like our content, please take the time to 'like' our posts! Bitcoin has hit our price target of $11,100 and we are now looking for either a continuation of the parallel channel to the downside (more probable) , or a break out of the trend line for a semi bullish case (least probable) . A break out of the parallel channel doesn't necessarily indicate a...

XForceGlobal Wizard

If you like our content, please take the time to 'like' our posts! The SNP500 is currently looking like it's finishing its broadening wedge pattern and finishing its perfect ABCDE wave within. The technicals are showing a perfect alignment for a breakout and we might be seeing a final distribution phase before the push to all time highs. The only consideration...

XForceGlobal Wizard Updated 

Bitcoin is now creating a new parallel channel that may be showing affirmative signs of going to lower. It may be possible to see sub 11K, mid 10K levels if the channel breaks! We are getting one step closer to our CME gap that many bears are currently eyeing. It's important to always have both understanding of the bulls and bears in terms of probabilities, and...

XForceGlobal Wizard Updated 

Bearish Case Scenario (More Probable): 1. We are still struggling with major indicators such as the RSI, Volume, MACD (Histogram) 2. We are confirmed below major support level that everyone has been eyeing, including most major Youtubers and Tradingview Authors. 3. We are still continuing a bearish divergence play from the 1D chart. Bullish Case Scenario (Less...

XForceGlobal Wizard

Bitcoin is currently trading in a possible rising wedge, furthering evidence for a bearish case that may bring the euphoric bull run to an end. A break above, would negate our theory completely; however, we always want to trade the market with both bias. Understanding both sides of the concept is incredibly important, considering all things. For example, Bitcoin...