disney coming back down to the 3M VAL, with liquidity resting just below. more importantly the 1Y rsi is now approaching the 50 midway (ultimate buy zone for disney) ...as bad as it looks, as long as the $80 area holds then we should see some respite
dxy currently facing the underside of a trendline with the avwap around the 105 mark if price can break up from here then 107 will be the main target as the vah and .5 fib lay in this area both 105 and 107 have significant weekly S/R pivots
wti is near the range low and has already bounced the monthly level and VAL liquidity still rests below this low and if the bullish market structure holds above $66 we should see a push back into the $100s
the 3month bitcoin chart shows that bearish volume has increased in the last quarter only for price to be held suggesting a momentary pause at the middle of the range with some upside inbound. my guess is that bitcoin will now push up to the .32/.5 fibo retrace (most likely spike beyond at the range high) before the rally fails and we head to the range lows to...
how both sides see it. we are currently sandwiched in a range of historical resistance/support flips - the initial 10k resistance flipped support for the bullrun, and the level that held price to ATH now flipped resistance. bears are aiming for a retest of this area near 10k bulls are aiming for a retest of the area near 30k ...both are probable thus far we...
$xau had massive buy in this zone in 2022 that couldn't break the 2020 high, fail here and its back t 1500-1700$ range high, VAH, monthly OB/level, supply zone, mid channel - careful
just working on some personal research and development tonight, and may have stumbled across a relief long from the lows ;-)
every 4 years bitcoin capitulates after the clocks return from BST to GMT/UTC in the UK (end of October). price also has 100mma around the previous ATH. Cyclic bars suggest history is about to repeat... Fibo circle suggests we may see some sideways action into 2023 before the next ATH bull run, or price pops $50-60k region for a more corrective scenario (we will see)...
3 month backtest yet to happen around $777 this range could take a while to tap lows and highs id imagine a climatic poke out the top during the next cycle around $7777
...now its a bearish turn. we have bitcoin at resistance and the clocks have changed in the UK, usually symbolic of a reversal. be cautious here guys daylight SAVINGS ;-)
2018 correction the same as 2022 correction 2019 pump same as 2023 pump will the dump model match too? credit to murfski and andy bitcoinsensus for this one
(credit to livercoin for his post on x) add the bbw indicator to your chart mark out the 0.1 and 0.8 levels when these areas meet you want to pay attention to the bitcoin chart although bbw direction is not correlated to price direction an assessment can be paired with general hight timeframe S/R
you hate it but you might learn to love it just seems down is the easier option given 5 months of price action couldnt break resistance positive etf news might change things but tbh it looks priced in negative etf news would accelerate the move. dont fear the dump
whip up take the liquidity around 32k from a h&s when moonboys target +34k dump it to 20k area holding structure chop around the lows drawing in both parties deviate the trendline to pull bears in run it back to flat top and breakout to range high] take the liquidity into 70k
ive been aiming for 36k as a final target since the start of this mini run in January. this recent PA has been a bit meh, with buy interest coming down at a point where i believe some players have loaded a lot of sells teasing everyone for the 32/33k liquidity. as this local mini range is just an sfp of Aprils high and price drop would be considered internal...
note: the CBOE:SPX avwap from the previous financial crash in 2008 has been a buy whenever the retrace has aligned with the golden pocket. Could be a nice HKEX:1000 move coming if the short setup comes into play
ACB over the last 4yrs has tanked from its ATH, stock is now under $1. hopefully the next 3-4yrs produces something special. ih&s to develop at the bottom and recover the POC before testing $10 area
nxra bounced form the 1M OB and has broken internal market structure 1.62 fib from here is the 15c area (2x) and also the channel roof if the coin breaks out from the channel 2.62 fib and 20c is the next target (3x) avway from ATH and ATL supports price around 7c