TheCryptagon

TheCryptagon

S&P500 is inside a Channel Up, similar to January, both within the great Channel of December. As long as the 4hour MA100 holds, target 4250 (under the large Channel Up top). If the 4hour MA100 breaks and makes a daily close under it, sell and target 3920 (over Support A). Previous chart: Follow us, like the idea and leave a comment below!!

TheCryptagon

EURUSD is trading inside a Bearish Megaphone. The 4hour RSI's rejection on the 3 week Falling Resistance indicates short term weakness. The upcoming pull back will most likely price the Higher Low on the long term pattern which is a Channel Up. Buy near 1.0800 and target 1.10300 (Resistance A). Follow us, like the idea and leave a comment below!!

TheCryptagon

Gold/ XAUUSD is trading inside a Bullish Pennant pattern. Technically those patterns break to the upside but it needs to be confirmed first if you want to buy it. If you see a bullish break out and retest of the pennant's top, buy it and target 2080 (Fibonacci -0.382). If you see a bearish break out and retest of the pennant's bottom, sell it and target 1900...

TheCryptagon

The USDCHF is under a Falling Resistance, remaining below both the 4hour MA50 and MA100. As long as it is closing under the 4hour MA100, it is expected to make a new Low, much like the fractal of November/ December. Target the Fibonacci 1.5 extension at 0.89350. Follow us, like the idea and leave a comment below!!

TheCryptagon

APTUSD/ Aptos hit the exact top we provided last time (chart below) and started a correction phase. This correction phase is quite similar to October - December. A 1D candle close over the Falling Resistance will be the signal to confirm a buy and may be closer than we think as the 1day RSI crossed over its MA level. Target Fibonacci 2.0 at 24.00. Previous...

TheCryptagon

S&P500 formed the first 4hour Golden Cross since January 16th, breaking above Resistance A. The RSI is on a Rising Support, same with the previous bullish leg of January. Following the Golden Cross, the price pulled back to Fibonacci 0.5 and then resumed the uptrend. Regardless of this potential pullback, we remain bullish on the S&P500 index, with our Target...

TheCryptagon

EURUSD failed to cross over Fibonacci 0.786 for the second time in 1 week. This is bearish short term. Long term though, it is rising after the first 4hour Golden Cross in 5 months (more specifically October 26th). Though a pull back to Fibonacci 0.382 is possible and would be a gift, our long term Target is intact at 1.10250. Previous chart: Follow us,...

TheCryptagon

Nasdaq crossed over the 12950 Resistance today and is simply following the long term trading plan that we shared a few weeks ago (see bottom). The Channel Up is intact, the 4hour Golden Cross has been formed as on January 18th and the rally now enters Phase 2 above the Resistance. The 4hour RSI is also printing the same pattern as as late January. Target intact...

TheCryptagon

Dow Jones hit today the 4hour MA200 and closed a candle above it for the first time since February 20th. This price action is simply confirming our long term trading plan (see chart below) where we bought the bottom aiming at the top of the Channel Down. Target intact at 33450 (is also a Harmonic Resistance). Previous chart: Follow us, like the idea and...

TheCryptagon

1INCHUSD hit today the March 1st High, over both the 1day MA50 and MA200. The RSI is over 50.00 and the price over Fibonacci 0.5. This is a bullish continuation sign. With the long term pattenr potentially a Channel Up, target Fibonacci 0.786 which makes an ideal Higher High. Target = 0.75000. Follow us, like the idea and leave a comment below!!

TheCryptagon

DAX is trading inside a Channel Up and crossed today over both the 4hour MA200 and the Pivot Zone. The 4hour MA50 is supporting (same with the RSI being on a Rising Support) and as long as it does, the Channel Up will be going for a Higher High. Buy and target the 15700 Resistance but keep an eye for an RSI peak near 70.00. Previous chart: Follow us,...

TheCryptagon

Bitcoin was trading in a Channel Up that broke upwards on March 17th and has since turned its former top (Resistance) into a bottom (Support). This is best viewed with the use of the Fibonacci Channel extensions. Currently the price is trading between Fibonacci 1.0 and 1.5. The 1day MACD Bear Cross is near and if it happens it can keep the price ranged inside...

TheCryptagon

WTI Crude Oil is trading inside a 7 month Channel Down. The current rise is targeting the 1day MA50 - MA100 Resistance Zone. When the 1day RSI hits its Resistance Zone, it is a signal to Sell. That has generated 4 solid sell sequences. The target on those sequences has initially been the Rising Support from the Channel's previous Low. Target 68.50. Previous...

TheCryptagon

The S&P500 recently has been negatively correlated with bond yields. The while line is the US10Y. This has been inside a Channel Down and is near its bottom. Based on their negative correlation that will push the S&P500 lower. The time that both the S&P500 and the US10Y rose simultaneously was after August 1st and we can seriously argue that there are...

TheCryptagon

FTSE100/ UK100 is forming a Bottom on a 1 year Support Zone. The RSI is also bottoming out. Target 7820 (+8.70% rise0> Follow us, like the idea and leave a comment below!!

TheCryptagon

KASUSD/ Kaspa is rallying on a Rising Support. The 1day MA50 is also supporting for the past 2 months. The RSI is also on a Rising Support, indicating no divergence form the prevailing bullish trend. Target 0.0300, which as on the October/ November rise, it represents a +650% rise on the 2.382 Fibonacci. Follow us, like the idea and leave a comment below!!

TheCryptagon

GBPJPY is neutral between the Falling Resistance and a 1 year Rising Support Zone. This creates an opportunity to scalp inside a Triangle pattern. Besides that, buy above the Falling Resistance and target 166.000 (Resistance A + 0.618 Fibonacci) and sell under the Rising Support Zone and target 155.550 (Support A). Follow us, like the idea and leave a comment below!!

TheCryptagon

XAGUSD/ Silver is on a 2 week rise after rebounding on the Rising Support. The price is now approaching the Falling Resistance that started on February 1st 2021. We expect a correction back to the Rising Support and bottom of the Pivot Zone. Target 21.000. Follow us, like the idea and leave a comment below!!