If BTC doesnt break this level, we could see a 18-22% correction. If we do break this level we will break ATH.
4 months of a bull-run and we finally saw a 2nd consecutive bearish weekly candle. As major central banks work towards tightening of monetary policies, a major correction in the stock market will follow and this could be it. This week, we aim for nothing but sell, awaiting pullback to 15400 - 15450 area. Our final target will be at 14600 for now.
Bitcoin has remained bullish for the 5th consecutive week and it has now regained more than 50% of its previous losses. There's been a growing sentiment that the crypto-market has resumed a bullish trend as demand for crypto payment is growing in different sectors. but right now, bitcoin is about to face a very key supply level around 50,000 mark and may bring...
WTI just recorded another record-breaking drop in a week, showing no sign of stopping even in the last trading day. The oil price has definitely reached an extremely overbought level and it should not be any surprise to see major correction like this. Do keep in mind that oil is still in a bull market and it's very likely that oil demand will reach another...
Nasdaq pretty much recovered from a dip last week and is about to retest its current high at 15170. For the past couple of weeks, we have been waiting for a major correction in the stock market amid a strong sentiment of tapering from the Fed. Ironically, both the S&P and Dow continued to break new high except for the Nasdaq which continued to range around...
#Bitcoin_Update You might not seen signals and ideas from me this past 4 days but that was mainly because our last update on Bitcoin is doing as perfectly predicted and as I have said it just seeing the market move while you know the outcome is the best option in professional trading. As you have remembered our last first expectation signal of an extended flat...
#Bitcoin_Update Bitcoin moving exactly as we predicted on our last update forming an expanded flat corrective wave of Five. Currently testing the corrective 50% fib level at around $11759 area. If it can't break out from this area which is the most probable outcome from the study, we will be heading for the formation of the third wave of the major wave C which...