it's good for the USD to cool off a bit, right? Gann says. Careful for the retrace, up the backside. Volatility incoming.
we aren't there yet, but a few more percentage points and I'm looking bullish towards $0.14. Gann says. volatility incoming.
In today's video I continue my exploration of the $BTC long-term trajectory deep into 2024 and 2025 using Gann Fann's and market analysis. If you like the way I'm thinking, follow and check my profile for more! If not, let me know where my thinking is off! 💪 Thanks and cheers!
Hope you had a nice vacation folks and are building your positions through the rollercoaster of a ride that's coming folks. It's going get messy! Help me fill in the gaps... 👇🏼👇🏼👇🏼👇🏼
In today's video we consider when $BTC could potentially hit 30k again, review my open $CRO LONG trade, and think watch the $DXY tumble. 🔥
The power of gann fanns, fibs and gap analysis doesn't continues to impress me more and more everyday! Sure, one can't really know what the future holds, and this weekend and 2 next weeks leading into the Jacksonhole FED announcements might spill more blood in the streets, but in my best estimation, it's really time to start getting bullish again! The signs are...
We're at the mid point in the current short term move ending the EU day and handing over to the US. Current price is .1246. The next 2 hours, my upside target is .1258 and downside target is .1226., which is where I predict we'll most probably start the day at US market open. Better / Worse case scenario is one bump above and below at the half way point of the...
Currently Holding: $CRO LONG Trading targets for the day... LONG distribution (taking profits) in the .1250-.1260 range, with short accumulation in the .1270+ range, expecting still a pull back to .1230 and below in the coming 24-48h. I don't believe the market makers and whales are quite ready to raise asset prices for us small fish... Stop losses are around...
Current position: LONG $CRO My analysis from yesterday was pretty spot on, even surprisingly to myself! 🤣 Makes me happy either way. The intuition that Gann Fann analysis allows, along with volume profiling and general understanding of market movements after having been trading now for the past 3 years seems to slowly be paying off. The main level's and ranges...
Current Position: LONG $CRO This weekend was full of tight range trading. Great for practicing good discipline, stop loss setting, accumulation distribution strategies and profit taking when trading with leverage. All MUST HAVE's for successful day trading. Overall, I'm still feeling bearish, i'm looking for opportunities to LONG the rallies and stop hunt loss...
Volumes are increasing as EU hands over the reigns to US pre-market. Dumpy is the name of the game today so far! But as we find the bottom of the current dump from 21500 down to 21100, we're hitting support as we might have expected, looking at trading lines that lead out to Sunday EOD. Since we're in the support zone now, I might expect tight ranges between...
There appears to be forces at work that are expect (are working on making) $DXY move down to 106.5 levels by months end. Today, 108 to 108.5 is in the window I'm looking through. Simple as that! Keep an eye out though, if we break 108.5, the market's gonna be tanking pretty bad, and there's already divergence between $DXY and assets like $BTC in play this week,...
Usually when $DXY tanks, $BTC and other investment assets rise, but today is again diverging from the norm (2 or 3 time in the past days). What explains it? Perhaps the fact that $EUR is 🔺 up? A rebalancing of the currency books, perhaps? Or we're setting up for a fake out in during US open. Where are my currency experts at? The market seems to expect more...
We all know the drill, if $DXY is moving up, more speculative assets like $BTC and other #crypto #altcoins will trend down. Pressure is on as $DXY aims to reclaim the lost ground between 108/109 as the EU traders move to exit and US pre-market gets their ☕️'s brewing. If we push back through to 109 and past 109.5, I expect to add onto my short $CRO positions and...
EU Open today bring more sideways action for us all. +-1-2% moves over night, nothing much, all things considering. The market has clearly tightened it's range for the past 2 days, anyway. Volatility is still expected, as we remain sandwhiched between two massive gappers on either side of $MSTR current levels in the $210-235 $300-325. $DXY continues to show...
Nothing more satisfying than charting out FIB lines and fining the place where prices are stuck aligns exactly with the FIB golden pocket... what else is there to be said? Waiting out the results for the day of my $CRO trade; short still and holding. No more accumulation, watching $DXY and $MSTR as we go!
$MSTR / $BTC (and many alt's in the green still for the day) are clearly off track from their usual correlation in the past hour+ from US market open. $DXY's pullback should imply we'll see $BTC / $MSTR head higher, but right now, it's any one's guess. $BTCUSD is forming a prety nasty little M pattern on the 5m chart. New York is looking prehaps to bring the...
i'm still holding my $CRO short trade, but since my last update the $DXY reversed off it's double top high's from yesterday, $MSTR has come down significantly and yet much of the market is mixed. Big moves for $BTC incoming! $CRO price continues to stagnate as it's hitting strong resistance zone and the top of the daily distribution fann range. Check my previous...