ssari

ssari Updated 

What is your thoughts...here...or to D? Shart Pattern

ssari

It seems I'm too late to the seen. Anyway on the daily, silver is breaking out from a bullish trend from a downward wedge. As they say, go with the trend, long!! PS. Gold is no different and I would expect all precious metals to be similar in bullish terms.

ssari

Continuing on with the MACRO observations, I revisited my previous Fractural and did some fib. measurements, to find confluences, with the following assumptions. a) Last part of the 1st factural where it bounced 40% to hit 10.4K, the $400 to be ignored due to the exceptional circumstances of the pump, hitting the 0.618 to 0.65 fib extension level. b) Applying the...

ssari

While the BTC chart does what it does, I thought I play around with the MACRO level (again) to see if there is any confluences, clues as to what's going on. This comes in handy as one forgets what scenarios we visited in the pas (in mind) so refreshing these ideas can be useful. It did in this case With the recent developments, I found out another fact, to share...

ssari Updated 

There is a big possibility for a micro inv. H&S to bring about a macro inv. H&S. For now I see 2 possible scenario's, a) inv. H&S on the micro level. b) or further downside towards the low 6K's (as 6400s was premature, ichy fingers) for now, I'm leaning towards a) a drop to the sloping trend and a bounce possibly of the 0.5 or 0.618 retracement as per chart...

ssari Updated 

As we are approaching the critical point, pivotal point, we see 2 scenarios. My thoughts are: a) if we have a decisive break through this red band\resistance layer, then have a open and close daily candle above this, then we are looking to move towards the top of the channel b) if we stop below this resistance band or close below it after a daily candle. If we...

ssari Updated 

With this grinding upward motion, it gives me no confidence that the bulls are in charge. Like before, the grind eventuated to a spillover and I feel this will repeat gain and the chart somehow supports it on the smaller time frames as a fractural. Note: BTC Dominance is now dropping which potentially explains why its a grind, I suspect some of the ALTs will take...

ssari Updated 

The price is holding up at a main fib. level and in a downward wedge formation. Observations: > Upward Trend is intacted > 21 EMA on the Weekly acting as support > RSI and Stoch indicating Hidden Bullish Divergence > Previous resistance of 2012 can act as support or is trying to > Media\News: Gold is being sort out for risk management due to the fiat...

ssari Updated 

The question is, will this go all the way down to what most people accept, that is the drop=height of descending triangle\pennant? Will this be the bottom? I don't think so but it will be a good spot to short well. I am still holding onto a number of scenarios, which I posted in the past. For now, they are: a) AB=CD which has confluence with the 0.786 fib....

ssari Updated 

There is still a change but ever more less likely. Still one of many scenario's we can't just ignore. Using the fractural of from late 2018 (3 to 4K) which started in November until March 2019 was the bottom range and one would expect some sort of resemblance for this to occur again. So looking at the current scenario, there is still some change, with these...

ssari Updated 

Continuing off from the previous post: Observations: - Still in the downtrend channel both in macro and micro level - Volume weak - H&S formation within the pennant - drop equals height of head or height of pennant. - Confluence with some trend lines. - Possible bounce off 7200 (have 7385 as min. target) last bounce before we are headed down (we usually see 3...

ssari Updated 

With all great risks comes great rewards, with the flip side, its real bad. I just wanted to record this moment...I would not even attempt to make a call, just wanted to explore some basics on this project. I suppose one will now wait to see it settle and create a trend. I feel sorry for those who came in late with no realistic\proper stop limits.

ssari Updated 

As per the chart, I like using the pitchfork channel to carve out my resistance and support lines when there are signs to support it. Of recent, I have done well to sell at the wicks because I used this method to identify resistance levels. My thoughts > In the recent past, when the price dropped to the 6500 range, followed by a nice bounce and the next...

ssari Updated 

As per chart, potentially BAT (or other) pattern, BUT requires some conditions to be met. So far, not looking possible. If we reach a formation that looks like a harmonic target, it paves the way for a more insightful Macro bottom range. Another perspective

ssari

As per Chart (3D), the bearish formation is taking place and it reciprocates the bearish tone of BTC. For now, I see the 1st target in the 66% range, as per chart. This could represent the next level of BTC in the 6K's. The RSI also supports the Bearish tone in the BTC Dom.

ssari Updated 

As the chart shows, there are potentially many resistance points and the question will be, which one of these will the majority chose. Currently there is a bearish divergence in the 2 hrly chart but all clear above that. BTC Dominance continues to go up slowly (chart below) until it hits the red section on the RSI The resistance points are: a) fib levels in the...

ssari Updated 

Hi All, Recently I came to a new understanding on RSI and MA and how one can trade with this indicator. ************************** I have leveraged others scripts and created my own RIS_EMA\MA indicator, soon to be share out, so watch my space for this. I believe others have done this but I feel a cleaner job can be done. ************************* Using Fib Fan...

ssari Updated 

Creativity or does this have some truth to it? Sometimes its about exploring all the options, so I said, lets try all Fibonnaci tools and how they fit. You can argue that I made it fit but I leave that for you to decide. I'm just putting this out there because I have seen many fibonacci or maths play out on BTC and its no coincidence. So I'm putting this out...