As you can see ETH has formed a new trend. If we break above the resistance we will test the psychological level of $2,000. If we fall down to the bottom of the trend wait for confirmation of a continuation upwards before buying. If we were to break down from this trend be very cautious.
Currently bitcoin had a strong move to upside making a new high of 45K, next target is 50k expect a pullback
Altcoin have been gaining momentum on bitcoin, however we are approaching a key support area, we may have a temporarily bounce on bitcoin and then follow by a real alt season soon after. If support area breaks we can have an earlier alt coin season!
Ethereum has been gaining a lot of strength against bitcoin, we covered this in our previous ideas and we caught the movement up. We still believe ethereal can continue upwards since the momentum is still strong.
We are expecting choppy actions with high volatility in the next days to weeks, only above $40K will be clear momentum of the bulls, and below that please be cautious it can drop further to levels in the 20'sK
Broke out of descending channel. Looking to test 105.8. Catalyst = Gold collapse.
Gold has trouble breaking out above $1900 and if $1800 break we will most likely re visit 1700s
Huge opportunity coming for XAU/USD. As we continue in our descending channel we are being pushed into a triangle formation. This break will give us confirmation on what target to pursue. I would recommend setting price alerts for key areas as I expect an aggressive move.
As all of these stocks and cryptos are pumped I want you all to pay close attention to RSI levels on the larger time frames. The time to buy this example, in particular, was during this accumulation zone. If you are trading it then perhaps after it broke the recent high for a long position. All over the internet, we saw "dogecoin $1". Experienced traders simply...
Gold testing a possible break out to the upside. Wait for confirmation or keep holding your positions from lower levels. Looking to test 1880
Two options for Bitcoin. If we start to break higher we can see test the last ATH and perhaps push higher. This is if we keep holding the $30,000 level. If we break to the downside under $30,000 we will see our CME gaps fills as we previously talked about. These levels will be around $25,000 and will be good levels for DCA. Also a great opportunity for a short...
As we can see ETH is in a bearish rising wedge pattern with RSI levels getting lower as the price is increasing. As per technical indicators, we are looking for a bearish move to the downside into our green buy box. If we break to the upside of the resistance ETH can make a new ATH to the next psychological level of $2,000 Keep both options open as Bitcoin will...
As you can see Silver is one of the most undervalued assets in the world. The suits have been pushing these prices down for decades! We have not had a new ATH in years. This would be the largest squeeze in the world. We could see $25-$1000 if this short squeeze occurred on a worldwide level. Decades of shorts being liquidated similar to the GameStop stock. Nothing...
Doge had an incredible pump of over 800%, It made a healthy correction and now looks ready to make another leg up. Possible target 0.10-0.15$
That dollar is in a massive falling wedge. If we break to the upside expect it to affect every market. Gold, Silver, Crypto, and Stocks. Play correlations appropriately.
Silver has been looking healthy and strong, after a period of stabilization, it recently broke to the upside now above $27. Next target $30
Bitcoin made an aggressive move to the upside after breaking $35,000 it carry on to about $39,000 in a short period of time. We expect some consolidating follow by another leg up
For the past 2 weeks, we have only traded XAU one time. This is due to the price action not giving any high probability trading setups. We have shifted our focus on trading BTC/ETH giving us a huge return with many high probability setups. We are waiting for confirmation breaking to the upside or downside with our green box target areas. As a trader, we follow...