Todopoderoso

Todopoderoso Updated 

i see this falling down 1 cent from current levels. it touched the previos trend line and if it doesnt get above it it should retrace. also the macd is bearish

Todopoderoso Updated 

Using the zig zag ALgorithm we can see either a retrace or an extended leg down. the extended one should take us to 272. but i dont think that would happen because the other indicators are way oversold and it needs strong volume to beat that 278-279 support. i dont think futures would break it either, so i expect a retrace to the 293 area in the coming days. . ...

Todopoderoso Updated 

looks like to me that if it doesnt break the uptrend line it should continue to 24900 but if it breaks it theres a chance it retraces to lower levels outlined. the stoch looks overbought but on an uptrend sometimes it gives fake signals and it keeps rising even at overbought levels. so a good indication that it will go lower is it it breaks the trend line.

Todopoderoso Updated 

btcusd dead cat bounce.

Todopoderoso Updated 

looking in the 1hr chart we can see es1 forming a bearish flag. also the CMF is below the 0line and the MAs going right behind it putting down pressure , also using the ZIg Zag Theory we can see a possible 279 target. that support is very important i believe we will bouce back after we touch that tomorrow. ( should the bear flag fail we could see a bounce back...

Todopoderoso Updated 

looking at the chart we can see ES made a Lower HIgh on the 1hr . and also fell below the 40wma and its right at the 50MA . so it has to go back above the LH to make a new HH or at least double top. i am bearish since the macd crossed but anything can happen overnight.

Todopoderoso

trade safe. good luck

Todopoderoso

good luck traders. be safe out there.

Todopoderoso

Now that the country is opening back. we will see people rushing to stores and buying items like crazy!, people will even buy houses and cars with the money they all saved up from Quarantine. the spending will be epic. the virus will fade Rather very very quickly after we open the economy up. Investors such as Warren buffet not buying stocks even at this low...

Todopoderoso

this market is so messed up goes up on allmost anything. keep keep an eye on that 288 292 level today.

Todopoderoso

no matter what, if its overbought or oversold. nothing is stopping btcusd . sell once it breaks the trend line. be very carefull going all in at this time might or may not be a good idea. good luck

Todopoderoso

we can see the MACD on the 1hr crossed and also the DMI is pointing to more down side for tomorrow. if the ABCD correction plays out, we could see 274-272 by friday then a retrace from there. Good luck

Todopoderoso

possible ABCD??

Todopoderoso

nothing has change since last week still looking very bearish. right now is holding support at 108 and if closes below it, 103 is the next target. it could also retrace from here to 112 before falling further. but over all am shorting this name until something changes . trade safe always do own TA. good luck

Todopoderoso

i think it will crash before the halving maybe 2 days before. i dont see the money being there specially with the current global financial situation.

Todopoderoso

i see possible down continuation tonight or tomorrow. always use own TA before making any decisions. good luck

Todopoderoso

its touching the fib 50% trace on the 1hr chart if break through then we could see 288 and 292. above 292 then 296 is possible.

Todopoderoso Updated 

we are back into the downtrend according to the volume flow indicator. i think after a little pullback tonight on the futures it should continue to the main target of ~273. but anything could change vey quickly specially having the fed Buying ETFS soon.but as of now, i see some more possible downside movement.