derzzycharts

derzzycharts

After a bearish divergence and a lower high, even the strongest cryptos are under fire at these levels. Looking to see if a resistance zone can even be hit, but may put in the lower high as soon as today. Target is 30 cents.

derzzycharts

Here we have another of the more bullish coins. Great narrative for a DEX to start moving as well since a CEX was the point of failure this time. Clear area for resistance is around 2. If we fail here we will have had a bearish divergence and a lower high. This is a great recipe for bearish continuation. While the price did hold up during the first capitulation...

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Here we have another great name that has breach the prior lows and did not make a higher high on the last move upwards. This remains bearish trend. However, we could start to see some sideways action on the price. I predict we will revisit the lows at around 12. Lots of resistance around 16 and no signs of a reversal with RSI bullish divergences. Bottoming is a...

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This one is not surprising but I imagine it is one of few coins that did not break support. Here we have a strong resistance zone that will be tough to break out of and hold. Especially when one fakeout has already occurred. I Imagine we fail at resistance here and we will see if that support holds. One of the few coins that is not in a downtrend. Not exactly...

derzzycharts

Mostly a neutral stance on this. We are seeing that BTC is weaker than ETH right now. Eth did not break to new lows while BTC did. Price has broken out of the range that it has been stuck in since June. Now I am more bearish on this chart. This is currently in a downtrend with no reversal signals showing up. Obviously events driven but I would enter bullish if...

derzzycharts

Last few days have been crazy. Too much time spent on twitter and not enough time making trading plans. So here on the daily, we have ETH making a new low. This is a continuation of a daily downtrend that has been going on since September. In times like these, you have to be aware of the news. This is not my strong suit in trading, so I have no edge here. Just...

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Dot has struggled around 69 RSI for months in this bear market. This is typical bear market action for an RSI. Remember that the price can still go up while the RSI is falling. If we see a bearish divergence, or a double top on the RSI, this would be the time to enter into a short.

derzzycharts

The RSI area has held since the bull trend in the dollar has started. Looking for an entry at around 35 on the RSI. I predict bullish continuation.

derzzycharts

Looking at an ultra value line with a dollar pullback. Low risk trade here. If we enter into the RSI support zone, bullish continuation expected. Even if this is the end of the dollar bullrun, the bounce from this level would be a great exit.

derzzycharts

Here we have a great zone in the RSI for accumulation of the long position. The blue box on the RSI has held since May 2021. Not fading this move yet. I predict bullish continuation for this chart. Perhaps the price will fall below support, but until we see a bearish regime change on the RSI, this trend continues.

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Looking at the Nasdaq, it would be wild to see this happen, but we may see more of a bearish continuation in the exact same way we saw it last time. First we have a fakeout RSI bullish divergence, then we break to new lows. Failing around 55 on the RSI for the fakeout. It would be wild to see the exact same thing play out again. We already have the bullish...

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Looking for a short trade setup, but dont want to take on excess risk. upwards wicks would be the best way to take this trade. Even though it may not fill, it is a great risk management spot to take the trade. Looking to close with an RSI of 30.

derzzycharts

Here we have a look at a safe place to enter a short for SNX. Need to see just how high it goes before picking downside targets, but will keep an eye on it. Predicting bearish continuation.

derzzycharts

Here ADA is running into resistance. Bearish continuation is my prediction. Targets are listed on the chart. If I could short at 43 cents that would provide the best opportunity. Will wait to see if I can get that price.

derzzycharts

Here we have sideways action since July. Now if we have a re entry into the blue resistance zone, I would take the short position. Expecting more downside here but slightly missed the opportunity for the short. MATIC has been one of the strongest altcoins, so typically it would be a better idea to short weakness. Gong to go looking for some cryptos that are...

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Here we have some sideways action on the Korean Won. This currency has been extremely weak. I am predicting bullish continuation of the US dollar. If we see a test of the support zones and the support holds, I will be positioning for a bullish continuation.

derzzycharts

Here we have a bullish continuation for the dollar in a different version. The YEN has been extremely weak. While it may seem like we are looking at a possible blow off top, I am predicting that we will see a continuation of dollar strength. Add to long dollar positions if we hit the support zone.

derzzycharts

Still looking for bearish continuation in US indices. DOW is the one that actually hit the target. Great place to start entering shorts around 33450. This is a great level to look for shorts because the idea can be invalidated quickly. If we break through this level and start making higher highs and higher lows, then we could see a higher bounce. But I predict...