SeanS13

SeanS13

We are seeing copper at some lows we've not seen this year after a big rally we slumped due to a lower demand for metals in China. We still await Chinese stimulus via their new bonds as well as most central banks of developed nations bar BOJ looking to cut rates by year end. This should help stimulate global growth putting copper on the forefront again. Are we at...

SeanS13

Open interest on BOME was up yesterday across all major exchanges by an average of 48% over $95M. There are no key liquidation levels according to coinglass liquidation heat map. The Daily has broken out from an inverse head and shoulders pattern as well as breaking out from the lower high trendline on the daily. we can see that the structure has also changed on...

SeanS13

EV adoption has been slow but moving none the less. Blink Charging has seen many government agencies now back the company and looks to become one of the key players in laying down EV infrastructure in the US. I believe the stock is in an accumulation phase and this is one to start building a position in for the long term.

SeanS13

Bitcoin has been currently trading at the 2021 market lows for almost a month. It has now formed a channel at this level for consolidation. We can see a lot of liquidity is being gathered at this level. Bitcoin now has a decision to make which will most likely be driven by the US stock market! Will bitcoin break to the downside and move towards the 24k range or...

SeanS13

The dollar is falling from its rising wedge. with delta variant fears and NFP tomorrow this is a critical time for the dxy... bad news tomorrow maybe the catalyst for the dollar to go to its technical target. time will tell

SeanS13

The stage seems to be setting up nicely for gold to make a major move over the next few hours to days... We have a bullish divergance, a bullish cross on the EMAs, we have been uptrending since the knee jerk sell off from the NFP report. We are approaching the golden ratio 0.618 fib level if we are able to turn this into support gold becomes extremely...

SeanS13 Updated 

For the first time since the pandemic outbreak of last march we've seen the S&P move out of the uptrend close of exchange yesterday and only just. observation and monitoring next week as we may see further break to the down side short opportunities on offer

SeanS13

You can see that since hitting pretty much its all time high the DJI been trending down. price really fell once the Fed spoke about potential rate hikes. 18/06/21 James Bullard speaks on the fed looking to taper and the market is reacting to this when it was positioned against it. we can see this same reaction in the metals and commodities. think i will be buying...

SeanS13 Updated 

This chart shows somewhat of a Throwback. Since BTC decline it has been making levels of support which you can see on the red trendline. this level of support has now become major resistance as you can see on the charts and this is what is currently preventing btc from going higher. what will happen will it move deeper into the triangle forming and break out, will...

SeanS13

BTC has been making some lovely reversal patterns. In this chart we can see BTC has created a bull flag and is starting to breakout. I have placed the technical target of this breakout and further price predictions of where btc will go if its able to continue to uptrend.