MarcPMarkets

102:51

MarcPMarkets Wizard

Bitcoin price action, support/resistance and potential scenarios for the coming week. Have a question about a stock or alt? Just ask in the chat. Be objective. Be prepared. RISK first! HYPE FREE!

MarcPMarkets Wizard

Bitcoin has pushed into the 22 to 24K resistance and appears to be developing a higher low formation. Is this the beginning of a bullish trend? It is too early to arrive at such a conclusion. In this article, I will explain why and what to look for in the coming week. First thing to keep in mind: The broader price structures have yet to be compromised and...

MarcPMarkets Wizard

Bitcoin is stuck within a lower high consolidation that ranges between the 22K resistance and high 18Ks. Meanwhile, structurally and environmentally, NOTHING has changed. Basically this market is out of play until a new catalyst comes along. Let's talk about which way price is likely to eventually break. The short term structure is BEARISH and the 22K level has...

MarcPMarkets Wizard Updated 

Bitcoin has tested the 22K resistance area and rejected it followed by a new sell signal at 21,170. The environment and price structure both favor lower lows still. A break of the 17K low and test of the 14K support are still scenarios that are possible for the coming week. How best to use this information? First, it is important to comprehend that trade...

99:56

MarcPMarkets Wizard

Bitcoin price action analysis, potential scenarios and setups for the coming week. Alt coins are likely to follow. Have a question? Ask in the chat! Be objective. Be prepared. RISK first! HYPE FREE!

MarcPMarkets Wizard Updated 

Bitcoin has established a lower high just below the 22K resistance zone and is poised to close below 20K by tonight's weekly close. While price action is slow and appears to be out of play, the bearish factors cannot be ignored. In this report I will share potential scenarios that can unfold in the coming week. Earlier in the week, Chairman Powell had a speech...

104:08

MarcPMarkets Wizard

Bitcoin support/resistance and potential scenarios for the coming week. Use this as your reference for alt coins. Have a question about a stock or alt? Just ask in the chat. Be objective. Be prepared. RISK First! HYPE free!

MarcPMarkets Wizard

Bitcoin managed to stay above the 20K level for the week which means I am not going to consider the previous test of 17K a major support break. This also means I am NOT going to relabel the wave count from a Wave 4 to a Wave 2. Keep in mind, just because price managed to stay above 20K over the previous week does not mean it will hold for the coming week. In this...

110:50

MarcPMarkets Wizard

Bitcoin support/resistance, and potential scenarios for the coming week. And the alt coins are likely to follow the same price action. Have a question about a stock or alt? Just ask in the chat. Be objective. Be prepared. RISK first! Hype free!

MarcPMarkets Wizard

Bitcoin has broken the 20K major support which means the next level of support is around the 14K area. IF Bitcoin cannot get back above 20K over the next couple of days, then a significant change to the longer term wave count has to be considered. In this article, I will explain some scenarios that can play out for the coming week. The bullish scenario: The...

MarcPMarkets Wizard

Bitcoin has broken the 28K minor support, but do NOT over react. If you have been following my reports, this move should not come as any surprise. The question is, how meaningful is it in terms of the bigger picture? And how does this shape expectations for the coming week? In this report I will offer some potential scenarios to prepare for. Before I get into...

95:15

MarcPMarkets Wizard

Bitcoin support/resistance, potential scenarios and reasonable expectations for the coming week. Have a question about a stock or alt? Just ask in the chat. Be prepared, be objective, RISK first! Hype free!

MarcPMarkets Wizard

The recent Bitcoin fake out off of the 32K resistance boundary is very telling. When break out attempts fail in this way, not only does it confirm internal weakness, but has also lured more longs who will further add to the selling momentum IF Bitcoin breaks the minor 29 to 28K support area over the coming week. Were you lured into the long as a result of over...

95:01

MarcPMarkets Wizard

Bitcoin price action analysis and potential scenarios for the coming week. Have a question about a stock or alt? Just ask in the chat. No opinions. Be prepared. Be objective. Hype Free!

MarcPMarkets Wizard

Bitcoin has been stuck between 28 and 30K for over a week. There have been numerous buy and sell signals that don't follow through. What to make of this price action? And what is reasonable to expect for the coming week? On Monday of the previous week, I actually shared a swing trade short signal with followers. I made it clear that I was NOT going to take the...

86:29

MarcPMarkets Wizard

Bitcoin price action analysis and scenarios for the coming week. Why Bitcoin? Because it is the leader of the entire space. Have a question about a stock or alt? Just ask in the chat! Make sure to subscribe to my profile here and press like!

MarcPMarkets Wizard

The bearish momentum continues to drive the short term trend. With the lower high established around the 31 to 32K area, price structure favors a break of supports. It is within reason to anticipate a test of the 25K low, OR a lower low (24K area) UNTIL price proves otherwise. Things to watch for this week: A new sell signal upon the break of the 28,600...

92:13

MarcPMarkets Wizard

Bitcoin support/resistance, potential scenarios for the week. Learn to prepare. Have a question about a stock or market? Just ask in the chat! No opinions. Be objective. Hype free!