IMO we got a big ABC to the upside, with 2 smaller ABC in between. Now either we will get a rejection off 48830 which is below the (Pink A), which is a short. Or we gonna put in another higher C, of the yellow ABC structure, which might have another push to the upside. If it happens like this, I will be shorting the A of the "yellow ABC" for now around 50100....
DAX: 1h Macro, line in the sand for me is 15170, so i will consider long positions above, looking for a break of the range 14820 - 15550, which would give us further directions. For now i think we should this treat like a range until broken, So long against 14820 and 15170, and short against 15550 until broken to the upside. (which is in this week i think, but...
Macro, the lows for now are: 29230 and 32225, as long as we trade above these numbers we should be good for a corrective bounce upside. Line in the Sand for the day is 37360, and we wont price to trade above it for more upside with targets 42500 and 51500, where short will be considered. on our position, we are currently long from 32307.
Macro, Lows for now to play with are 1735 and 1948, as long as we trade above, we are good for more upside, technically. we got the macro long in yday at 1802, and currently holding. My line in the sand for now is 2160. We should get quickly above back in the yellow box for more bullish momentum. Risk of consolidation and small drift lower is given, as long...
Nasdaq Daily Chart: Giving it a first try, I am currently looking and calculating all on the Covid March low of last year, as I think if shit goes down, this is the low to go with. So, we had a first impulse move to the upside into the consolidation range of 10600 - 12200, where we broke out again, currently trading almost at the exact target of the...
ETH 5min intraday: As long as we trade below 3500, look for 3370 and 3270 as support and potential buy opportunities. If we break 3270 to the downside, 3k is on the table. If you see price start to break 3,5k to the upside and trade steady above it, look for 3616 and 3735 for potential take profit levels for longs. Summary intraday, favor to the short side as...
in my eyes, not yet. at least not for good. with the slow creeping bullish impulses of the last days, ETH managed to hit the 161,8% extension target of wave 1 at 2980. Therefore Elliot wise, we would be looking for a pullback to around 2165 to form wave 4. before another extended wave 5 and another attack of the highs or even to around 3,5k. Trend-wise, we have...
ETH 01.05.2021 Overall the Picture is still bullish, and we are slowly creeping to the upside, with a target of around 3k. Same story as the last days, Long above 2650 with targets 2921 (161,8% extension of the last range traded) if we happen to come back down below 2650 this could also be used as a short trigger, which would bring us down to around technically...
BTC 30.04.2021 BTC: Macro Picture Down, Micro Up. As long as we trade above 52300, I am looking for further upside to 55550, 57680, and 62325. If we happen to break out on the upside, this would complete some kind of an inverse HNS pattern, which would accelerate to the upside. If we drop below 52300, look for 51200 and 47400. The risk for dropping lower is...
ETH 30.04.2021 What I currently looking at is this: Overall Picture Bullish. Macro Bullish as long as above 2160, Micro Bullish as long as we trade above 2650. I am waiting for a drop to marked levels for longs, or another leg higher to around 2940 (161.8% extension) and 3170 (200% extension) from the 1930-2550 range, which for now is the range to play with....