abmrk

abmrk Updated 

Two scenarios to consider for the days to come. Even if I remain bearish in the medium term on $ETH, with targets marked in red, I keep in mind that it is not impossible that the market will look for liquidity towards the $3250 zone. Indeed, the global sentiment seems to be bearish, a rebound in this area would allow some shorts to be liquidated before making the...

abmrk

My vision of $EUR/USD: the price can eventually fetch the $1 = > a level that has not been revisited since 2002! From a short-term perspective, market has created liquidity with this structure broken from below, with lots of short positions that should be liquidated this week. I share this idea for purely educational purposes, I have no position on this...

abmrk

I try to focus on liquidity and market structures to best track price action. On $ETH, I am Bearish in the medium term. According to my analysis, the market should eventually look for the $1850 zone. For me, currently, the market is creating liquidity in order to finalize the bearish movement that should lead us to this zone. So I try to follow the price action...

abmrk

After a moment of observation and reflection, I try to implement a new concept in my market analysis. I am now looking to identify areas of liquidity that could cause good market movements. Here is my analysis on gold, on which I am Bullish in the medium term. The market should seek liquidity before targeting order flow. So according to this vision a return in...

abmrk

I expect a bullish bounce on $USAS with a flag break up.. let's see

abmrk

I have no trade open on this asset but try to follow it for later... let's see

abmrk

Due to the actual geopolitical context, what do you think about this kind of stock guys?!

abmrk Updated 

Based on a daily analysis: ETH is in my opinion in a correction phase after finding a good support area around $2410. The downward trend seems to have accelerated from January 5 since we have more revisited the upper zone of the descending channel. The averages of the MACD indicator are about to cross, which leads us to believe that the correction is not over....

abmrk Updated 

based on hourly analysis: it seems interesting to follow the way in which ETH will break this figure... In my opinion, two scenarios to consider: 1° a breakout from above to test the $2820 zone; 2° a break down to resume the downward movement towards $1780. Even if the volumes and the bearish divergence of the RSI make me lean towards the second alternative,...

abmrk

On an hourly basis: we see that buying volumes are relatively weak on this correction with a descending market structure that has not been broken this weekend. It seems to me that the next few hours are quite important to know if ETH continues its bearish movement started in November. Note a bearish divergence on the RSI...a bearish movement in prospect? Tell me...

abmrk Updated 

Given the current structure of the stock, with an rsi in the oversold zone on a daily basis and a potential buy signal on the macd in 4 hours, is UBER on a pullback with a target of around $40? Please let me know your feedback!

abmrk

It is interesting to note that between May 18 and July 20, 2021, despite a bullish divergence on the RSI, the price of BTC followed a downward trend, oscillating between 40.8K and 29.9K. We are currently in this area; the current market conditions (see the idea linked to this post) may make us think of a rebound in the price of BTC in the 40K zone. What do you think ?

abmrk Updated 

On a daily basis: The bearish divergence of the RSI suggests that the price should follow a bearish movement for the coming days, however the RSI has been in the oversold zone for more than a week. For their part, the MACD averages gradually tighten; this indicator reached its lowest around December 10th. The two curves are about to meet; we can perhaps envisage a...

abmrk

it may be interesting to note that the movements of the BTC and the NASDAQ seem to be strongly correlated which in itself does not seem so surprising... case to follow closely

abmrk

The lagging span tests the level of the chikou span in weekly timeframe! Definitly bear market for a while yet?

abmrk

it looks like gold has a solid buying zone with an interesting rising channel structure. What do you think of a bullish move and a potential breakout of the red trendline?

abmrk

LTC in double top. 154.48 level seems to resist ; Short opportunity with a target to around 143. Will see

abmrk

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