ETH is currently @ Longterm trendline Resistance + Under ATH Supply. Here is my opinion/outlook on what could happen next for Ethereum. I would like to see a shift in trend towards our Macro structure towards Support @ $15-$20 USD for Ethereum. S/R lines up with Trendline confluence around SEP-OCTOBER. Upon so, a full blown BULL MARKET towards $10K per ETH....
ETH BTC has begun its tumble after several attempts to reclaim Yearly S/R. i am expecting BTC to continue to rise and crush BTC pairs while doing so. I am going to remain patient until our trendline is tapped to enter alt coins for a Bearish retest before we see a huge sell off. BTC is king.
Liquidity has been taken to the upside. Several lows to the downside protected over the years are expected to be wiped before we move into ATHs for Litecoin. Seeking downside
Ethereum is ready to get hit hard headed into 2021. Seeking a drop into our lows followed by a wipe of early shorts. Upon this occuring, a mighty drop towards $220 USD~ BTFD towards $2K / Break trendline & ETH will skyrocket.
Expecting a big shakeout before we enter 20K PLUS territory. Speculative Macro H&S pattern
Today we take a look at Snapchat. - Price has tapped our 1D Highs as well as HTF Supply. I am now looking for a corrective move on SNAP - Targets @ 0.7 Fib Retracement + 2.7 Fib Ext | $10-$12 Invalidation = Above here & we can expect this area to flip into Demand paving the path for new highs. For now, we will ride this wave with the bears.
Happy Friday traders, here is an update towards our Bitcoin outlook. We are still looking for a target within the 11K region. This level in confluence with major S/R + Liquidity areas. Refer to my previous post for further detail via the 5D Chart. The bulls have managed to test our broken Supply level (Blue) & flip this into Demand. We can now expect BTC to...
Happy Friday everyone. Here is my short term outlook on BTC - Bulls have managed to push above several Supply levels throughout the week leaving the bears in the dust. - 5D outlook we see to the left(yellow) a general area in which we formed a "bull trap" before price dropped down. - We are now looking for a move within this area for a potential "top" level on...
NASDAQ U.S STOCK MARKET Price has formed a very nasty HTF Supply formation after faking out the Bulls during todays trading session. NOW, WE MUST PAY CLOSE ATTENTION. I am not looking to short just yet due to several fundamental factors NOW. this is my speculative outlook for the NASDAQ / STOCK MARKET for the months to come headed into the end of the...