cryptomavic1

cryptomavic1

boy oh boy we are falling hard. looking at the chart if we dont/cant hold the nearest area of demand then there are 2 further areas that i see where we could potentially see some support. if we cant hold these areas were f#4cked lol trade safely guys and gals

cryptomavic1 Updated 

hi guys so gold saw a huge upsurge through the night uk time. this all seems to be due to the ongoing russia and ukraine crisis. people always seem to rush to gold as a safe place to hedge there money but this surge has brought gold to a major supply zone so could be looking for heavy rejection around this zone i will be watching closely and trading accordingly

cryptomavic1

so golds has had a really nice run up to a key supply level. im thinking next move is a reversal to test local demand zone. have to wait and see how it plays out if we push through supply then re asses and play the bounce of supply. but first im looking for a continuation down to demand zone

cryptomavic1

so spiderlines are defo a thing.... coined by none other than @therealcryptoface these lines can be layed on any timeframe and there aim is to project future possible support/ resistance zones. as you can see they are bang on alot of the time. to create ur spiderlines i look for a clear dip before the most significant rally and then plot a ray from the lowest...

cryptomavic1

well btc has took a dump right down to local demand with a healthy rejection so far from this zone. btc has taken most the market down with it, alot of blood in the streets for sure. looking for btc to hold this zone and push back up from here. we shall see

cryptomavic1 Updated 

bang bang as predicted. we semm to have now touched supply and stalled so lets see where gold goes from here. would be nice to push through this local supply to higher supply zone

cryptomavic1

so time to dcide for gold were currently at daily demand with a few rejections at this zone so is it time to test daily supply. would be nice to see. we also have a white swan harmonic pattern with the prz at daily demand so there is confluence for a move to the upside. im long gold

cryptomavic1

yo yo guys, so btc seems to have found support at local demand. i would be looking for a push up to supply from here if we can hold this local support.

cryptomavic1 Updated 

gold looks like it wants to test local supply zone. but also in turn has a possible harmonic prz at said supply zone. lets see if gold can recover the drop its been expiriencing