For all watching, I kept this video very short and straight to the point to show longer term opportunities for the pair and overall objective of where market may want to go. In order to create your own trade bias, further confluence and analysis is needed. TL;DR (or watch) - I see some signal opportunities in the near-term outlook of EUR/CHF as to the downside we...
KAVA on the daily chart has reached the top and broke through the channel. Currently inside the ICH cloud. keeping an eye to see if its rejected on the 50 sma or breaks through and holds. Seems to be bullish signals on the 1 hour charts but thats a little to low to comfirm a bullish break. As always not finiancil advise, so its not.
Currently retraced to under.18 on some exchanges earlier, a bit more to go before a break or full retrace to around .11-.12. Monthly token unlock a probable cause of a harsh correction before rise to .31 as well as a BTC correction before 30k. NFA I'm looking at the .17 and .12 for additional entry and exit at .42 if momentum keeps up
When looking at BTC, we can see that it attempted to move higher but the bears gained control right away and pushed the price right back into the channel. You can look at my previous post and see. These levels are crucial and with this new covid variant, I wouldn't be surprised if we retest the 30ks again. I think there are too many institutions involved to see...