TVC:NDQ could be building bearish momentum after weeks of aggressive bull run. We might see a correction to 21,263 if 21,623 holds. The best entry for shorts would be 21,543
After Monday's peak @21026.5 and Wednesday's drop to 20624.8 and Friday's return to 20973 area is the market prepping for a major bear run within week 1 - 2 of December
Here's a quick short entering the new week. After last week climatic ending, this week's asia session to NY session sets the flor for sells.
With the recent sweep of 59,9100 after reaching 66,000 last month, buyers aiming for the long term haul and short term refraction can look to get in now. Entry and exit indicated
in light of the recent crypto rally, CRYPTOCAP:XRP is poised to gain momentum on t he higher timeframe, however the D1 consolidation in price for the past weeks indicates a drop before continuation upwards. Perfect time to execute an intra day sell before the buys continues BINANCE:XRPUSD
Today's bullish move is supported by 58,847 which happens to be today's Asian low. Longs are expected to go for 61,500 between today and Friday and into next week
The consolidation between 38,500 and 39,60 following the impulsive drop through 39,812 on the 2nd of Aug indicates a major shift in the direction of the US indices. How price reacts to 39,900 or 39,700 will tell if we could see a continuous increase in bearishness
The consolidation between 38,500 and 39,60 following the impulsive drop through 39,812 on the 2nd of Aug indicates a major shift in the direction of the US indices. How price reacts to 39,900 or 39,700 will tell if we could see a continuous increase in bearishness
After the bearish raid of 49,000 late July into August BINANCE:BTCUSDT is poised to see new highs between now and 2024 Q4 ending. Key zones to watch are; 57,500 for support(good point secure longs), 64,000 for first partials, 70,000 for December/January target and 73,000 for 2025 Q1 target.
Following our previous target of the 54,400 zone. BINANCE:BTCUSDT is at a key pivotal point where falls below could spell doom for the crypto giant however if price maintains above this zone by this month's end, we're poised to see new highs
Recent price pattern of BINANCE:BTCUSDT suggest a possible retracement to 54,520 area before a full swing to New highs. Anything below this zone could spell danger. This week's drop further proves my earlier projection. Sellers would be wise to wait till a minor retracement to 61,554 and use 54,600 as target.
Following recent price movements in major altcoins. BITSTAMP:ETHUSD seems to find a cushioned balance at 50% retracement of it's previous expansion to the upside. Might be a good time to go long with 4,100 as target
TVC:NDQ is poised to drop lower to 19,132 for a 50% correction after yearly ATH expansion. With US CPI in view, this seems likely to play out between London and NY session close today
After yesterday's sudden drop an all major crypto the correction bact to 54,000 seems more posible if 68,900 stands. However if the next move pushes past this zone then we could be looking at the next bull run to 75k or above
TVC:DXY major grounds to cover on the upside. bullish momentum remains but some major retracements to be made this week. 105 remains a key zone for next run
BITSTAMP:ETHUSD rests on a pivot point. We could see a correction to2275.5 and then more sells. Shorts will be targeting 1672.
COINBASE:ETHUSD begins it's decent in what could be considered a long time coming bear run.
FX:SPX500 will be bullish this week. I'm holding buys from last week. Will wait to see how NY performs on Monday.