cryptownian

cryptownian

Well guys The setup looks good from a technical perspective but position and the rsi shows we are 8n the middle of a up or low position I would say look for a rsi above 70 or below 30 for a entry zone in btc. Right now if you do enter its either on extremely well thought out plan or just plain gambling BUT MY GUT IS SAYING LONG

cryptownian

Well who will take control here Between the box range and possible breakout

cryptownian

We could see a buy at 1649 on gold Well let's look and see

cryptownian

Well usdjpy could do a major drop to lower levels Very soon

05:00

cryptownian

no sound but i hope it explained it self

cryptownian

Well it's been a while since I have last posted but it seems like things have changed abit since last post. We did not reach 28 000 or lower for a retest and drop to lower levels. But what info do we have right now that can aid us in a decision to know if we will continue to go long or is this a pullback before next drop through the 29000 level. OK So let's...

cryptownian

Well guys we have done a lot of analysis and case studies to get us to this point lets take a look at all the info and see if we will see a drop to 20k based on all info we have at the current moment. looking at info to support the 20k drop so guys what do we know so for. the obvious one is the death cross on the daily time frame. we also noticed that the...

cryptownian

OK guy friction is still high and the heat is on The intense battle for control here is not over yet But at this moment things are still not fully bullish yet But at this point its seems to be more bullish than bearish We are moving up towards a small H&S neckline again The 50 MA is also at that same position The middle bollinger also at that same...

cryptownian

WELL OUR CASE STUDY INFO IS STILL VALID AT THIS POINT. INFO PROVIDED THIS FAR STILL SUPPORT THE ORINGAL IDEA BEHIND THE BTC CASE STUDY. THE DROP TO 20 000. So let's look at btc and see what the indicators are telling us. So what's happening in the current market conditions on bitcoin PRICE ACTION. We are seeing a buy pattern appearing with support at...

cryptownian

Hi guys We will be looking at diagonal trend lines that seem to play a major roll in the drop signals. So we will not be using indicators here We will be looking at the price action only. So let's begin. OK THE FIRST INDICATION OF A SELL OFF The trend line by the first red arrow. Shows us clearly that btc has broken a trend that started on the 6 Oct 2020....

cryptownian

OK we can look at the immediate price action in terms of candles to determine a possible out come. This technique can help determine weather we are going to see a rally or a drop to lower levels. Of course all candle and price action movements must be used within context of market conditions and compared to indicators oscillators. SO LET'S LOOK INTO THE PRICE...

cryptownian

It seems AUDjpy has hit a point of indeciveness Let's have a look and see what possible outcome is on its way. Let's look at the price action first We have a uptrend Consolidation A three drop and pullbacks These drops created a support level. But the rally on the last drop tested under the red support/resistance line. We are seeing a play going on a...

cryptownian

Well if we see a break here we could go up to the neck line Things are very unpredictable now But as mentioned in previous post if we don't break by the weekend we might see 38 000 to 43 000 or 51k being tested The head and shoulder neckline is still in the way its been keeping things bearish. Also remember the moves are big on the 4h to lower time frames But I...

cryptownian

re evaluation I spotted a box range and retest. If we look at the bearish move from the 4 June and the bearish move from the 15 June The rally in between seems alot like a continuation pattern. We also see a. Hidden support area that respected as resistance af that key broke below it. THE current upswing is just normal. THE candles on the daily don't show...

cryptownian

If we don't see a break of the neck line before the end of the weekend I would look at it as a bullish sign back to 38 000 NOT TRADING ADVICE JUST A GUT FEELING

cryptownian

We could see this happening A ascending wedge pattern A H&S looking for a neck line break to confirm A ABC after a 5th wave completion A double top the two highs are almost equal So let's see what happens

cryptownian

Just a quick post here The rules state to always add your R1 R2 resistance levels. THE 34500 was support but it was cancelled when the market broke above it and pulled down on arrow 1 that is R1 resistance Also a variation of a shooting star none the less the robustness of the signal shows more potential. THE one where the sell signal was provided did not...

cryptownian

Well guys Tesla has comfirmed the top level of the wave pattern We are seeing signs of a turn in terms of price action but is there any indication in indicators that this is possible so let's have a look. Tesla broke out above the cloud on the daily time frame the weekly is also mostly bullish We see it snapped away from the Bollinger bands The adx shows a...