BTC still consolidating within the current zone. Although it is currently forming a new higher low which is a good indication for a short term push towards the 45k level. I'm looking for a close above the 40k resistance level as a good sign for bullish momentum in the market.
BTC still hovering below the major resistance zone at 39300. For BTC to continue bullish we have to see it fill previous day's wicks around the 40k level and push past it. On the sell side, if BTC closes below minor support at 38300 it could continue back down to the support zone at 37000.
BTC made a big reversal yesterday indicating strong bullish power within the market. This move shows that crypto is indeed moving on its own terms and not with other financial markets and news events. For further bullish continuation BTC must break through the next resistance zone around 40 000. The 4h bars are also forming good phase 1's and 2's showing good...
GJ today looking for sells. Will be waiting for some retracement to the upside before looking for sells. Sells either at resistance or if we have break below support at 153.50
Only bullish on Gold today, going to wait form some retracement to happen before looking for buys either on support or a break above the resistance at 1974.
BTC continuing its downtrend towards the next support level at 33000. This is a key level to see if BTC will continue its move down and below the 30000 level or bounce from here after making a wick fill from the 24 Jan rejection bar and start this year's bull run.
Gold the only pair I'm looking at today with buys above 1897.6 and sells below 1892.35. Will be careful with sells as multiple fake outs have occurred at this level before, wait for a close below or impulses only closer to NY open today.
BTC made a big turnaround over the last two days with todays daily bar making a good retest to continue further upwards towards next resistance at 39600. For BTC to continue back towards the 40k level, it will have to break the next resistance at 39600. If BTC fails to break through the next resistance level, I believe the last two days has only been a retest to...
Gold sells below 1893.70 if we manage to get a good close below support. Gold buys above 1901 for safe buys and above minor resistance at 1897 expecting NY open volume to push the markets upwards, continuing the trend.
BTC looking very bearish with previous low's being broken, usually indicating a downtrend where consistent lower low's and lower highs are made. The next support for BTC to test is around 34000. My outlook for the long term: BTC will make a double bottom on the higher timeframes before we see a big bull run for the rest of the year.
For the bulls out there, a close today above the key level of support above 38900 could see BTC continue the bull run towards 45000. A close below this key level of support (as it currently stands) will most likely see BTC dip further towards the next support level at 36800.
BTC still looking bearish for the rest of the weekend. Having made a retest on the daily timeframe I believe BTC will continue bearish towards the 38800 level. Although a close above the 41000 level on the higher timeframes (1h, 4h and Daily) will mean BTC continues its bull run towards the next resistance at 44500.
BTC looking bearish at the moment making a perfect retest to continue further down towards the 38000 level. If the daily bar flips bearish and breaks the previous day's low I see it continuing bearish for the rest of the week. Although a close back above the 41000 level will indicate that bulls are in control and that this is merely a deep retest before we...
Mainly looking for sells on GJ today. A move below 156.56 means we have the wick range at 156.33 to fill. Buys are looking too choppy for an easy trade. Buys above 156.83.
Outlook today for gold is buys. I'll be waiting for a retest anywhere from 1881 and see some support form before taking buys to continue upwards.
A close below the minor support will see BTC move back towards the 42000 support level. The daily has made a wick fill, if we start rejecting this level to the upside we will see BTC continue bullish into the weekend.
GJ sells are looking choppy, any possible sells today is if we can get a wick fill on the 4h before rejecting this level to continue bearish. Buys above 157.05
Ultimately waiting for buys above resistance at 1858.78. Sells are looking quite choppy today anywhere below minor support at 1854.19