BTCMarket

BTCMarket Updated 

Bitcoin faces a few key resistance levels and looks likely to face a potentially long drawn out campaign trying to move back above or below. Notable areas first are the 50Dma in red which has found plenty of sellers also = the 38.2% level, then you have the 61.8% May 12th low. Having held onto the key $435 support level April 28th low and making a double bottom...

BTCMarket

Tesla is looking like a good buying opportunity here, having broken out of it's 203.68/215.23 consolidation zone and pulled back currently holding prior resistance turned support and it's 50Dma in blue I'm entering now with a 1/2 position and looking to add later. Targeting March 21'st high 61.8% retracement with stops below 203.68. I'm being; "optimistically...

BTCMarket Updated 

If gold breaks out of this falling wedge looking for a potential retest of 1260. The falling wedge ends at the 141.4% ext + Daily S2 Support + Monthly S1 + Weekly S1 + Positive Divergence Good Luck

BTCMarket Updated 

Looking to go long here after appl makes a breakout to the upside watching this closely for support to hold to avoid any potential for a fakeout.

BTCMarket Updated 

The US Dollar is in a corrective bounce and is currently meeting some resistance at the 141.4% extension level + February 12th low at 95.46. If we see a daily close above 95.46 or a push higher into tomorrow this would be very bullish for the buck and open room for a move to the 161.8% ext level + 61.8% retracement level + just below the 100Dma. This is ripe to...

BTCMarket Updated 

Having fallen through the 440/445 support area and the long dated upper slopping trendline which is the blue line piercing through the chart, price quickly retraced back above 440 where it found resistance at the 38.6% retracement level + Daily Pivot + 50Dsma which is the red line seen in the chart. Finding it difficult to hold this pivot is bearish enough...

BTCMarket Updated 

There is a strikingly similar price pattern behavior developing in (eth) that I have seen recently in (btc). I am watching for price to consolidate near 0.0293 and begin making the next and final leg higher which should end at or near 0.0371 creating a double top at it's previous high. I have provided 3 charts in the comments section below to help illustrate my...

BTCMarket Updated 

Will Friday's Golden Cross in USOil give us a measured move target to (Oct 9th 2015) high of $50.90 and close to the 161.8% extension level? I am also watching to see if potentially the market sells off in early trading to the 61.8% retracement level at $44.54 before making a move higher.

BTCMarket Updated 

Gold should now collapse potentially as early as next week. A possible short lived rally to the 61.8% retracement level at 1285 cannot be ruled out but then it will ultimately collapse to below it's current support level of 1257 to the 50% fib at 1174.93. The AUD correlation gap grows wider and only hastens the correction. I already have a short position in...

BTCMarket Updated 

400 reminds me of the old 200 in so many ways, I've heard all the counter arguments ranging from price coming from a downtrend into being in an uptrend to different sentiment and different time. However I think personally it's time exit all longs and wait for more clarity on direction.

BTCMarket Updated 

Failure at the previous 1307 high should now see us decline to the 38.6% retracement level and possibly 1192.

BTCMarket Updated 

Look to buy the pullback after breakout confirmation.

BTCMarket

If you have been keeping up with world events including the weather not much more needs to be said here.

BTCMarket

When the 3 Month Unemployment Average Goes Above The 3 Year Moving Average A Recession Is In Progress. The chart above shows every recession from 1953 to 2008 and shows when the moving average occurrence takes place it's a recession.

BTCMarket

Shorting when I see a daily close below 440 for a target of sub 400. Commodities are selling across the board "risk off". A large shake-out could be brewing here. 20D sma Turning Bearish Ichimoku Daily Setup Turning Bearish Daily Macd Bearish

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