giorgiovie

giorgiovie Updated 

I have revised the descending channel boarder and ETH is still moving inside of it under DO and MO and just over the neckline of the box, volume is very thin, but that may change any moment; I still favour a long position on Sunday trading on a break up of DO or break and rebound at DO or down at 1285-1290 area ; if the price will decrease under 1300 and a...

giorgiovie Updated 

ETH is moving down inside a descending channel under DO and MO so strong resistance need to be face in order to get back up north, I still favour longing here at different level as i do with BTC 1) at break of the resistace DO, MO and the containing channel 2) a bounce up at 1313 3) a bounce up at 1300 ; either if i preferred to buy that does not means i am...

giorgiovie Updated 

Probably we will have a boaring Saturday trading with our BTC as we are floating at Support on the 19500 area but under DO and the resistance line of the wedge so technically in no trade zone, i still favour long in this moment at different level 1) a bounce off 19200 2) a break up of the wedge at 19500 with volume 3) a rebound at DO after wedge break and...

giorgiovie Updated 

ETH has been rejected as expected from 1350 and now is inside a descending channel moving to the low 1300, i have not been able to trade today, but if i see a new opportunity i will trade later on this afternoon, my position is neutral i may go long on a bounce or short a rejection depending on where ETH will move first and the price action obviously; RSI 15M is...

giorgiovie Updated 

BTC is movin down back at historic support 19500, i am not bullish, i am bearish , but i favoued a bounce up more than a break down, i am temtep to buy here, but i will wait for a swip of 19400 or a break of the descending wedge, we already had a fake break out that was sold off, so we may have the same reaction at the next try; if BTC will just break down...

giorgiovie

I have revised the triangle formation on Gold but the result is the same, we are still inide a triangle that may break up or down or we may see fake break out on both side, so my position is still shorting a bounce up to resistance or a break down of the support, it did not change from my previous analisys; RSI 15M and 30M are going to overbought level while 1H is...

giorgiovie

ETH brooke down the wedge but has found support at DO, now is trying toget back up to resistance that start at 1366 up to 1377 where there are confluence point, I would short a rejection in this area down to DO again and after to 1345 and than 1331 in extension that is MO ; RSI 15M and 30M is overbought but 1H is oversold and 4H is neutral, i may expect another...

giorgiovie

ETH is trying hard to move to the upper area of the containing box at 1390-1410, but is continually rejected between 1365-1385, that doesn't mean that will not be able to get up there and eventully break out over 1400, but at the moment shorting is still the right side to be until the break up will occour at least for me that as a day trader; i see in the chart...

giorgiovie Updated 

GOLD is moving inside a triangle near the resistance of 1725-1730 and rejected from there already 3 times, I m planning to sale a break of the Support Line to 1700 and 1696 or another rejection at 1725; the triangle is not a bearish neither a bullish formation and a break need to be confirmed as we already gat a fake break down, but we may get a push up so a short...

giorgiovie Updated 

ETH has finally overcomed the neckline of the containing box 1310-1407 but the buy volume is not heavy enough to get it move over R1 and it is in the process of building a bearish formation or an ascending broadening wedge, I see an intraday shorting opportunity for a bounce up to R1 at 1370, at the upper box at 1385 or at the upper board at 1400 adn rejection...

giorgiovie

BTC is floating under the 20500 resistance inside a small ascending channel, for me until it breaks up and move on i will sale any rejection at resistance, this is my simple strategy ; I am not interested on shorting before 20300, but would like to see a push up to 20400-20600 and rejection there prior shorting in order to have bullish exaustion, if it breaks...

giorgiovie Updated 

ETH has moved out from a small bullish formation and bounce up at neckline support back to DO where we have seen a rejection, now ETH is forming a small broadening ascending wedge that is a bearish formation, I woul open a short position between 1355-1361 on another rejection at DO or break down of the wedge ; RSI on 15M and 30M is overbought but 1H has more sace...

giorgiovie Updated 

GOLD ha been hardly rejected twice at 1725 and has pullback down to support at 1704, it came down inside a small wedge that at support or S1 has break up to 1711, I still stay on the bearish side on Gold mainly becouse rejected at the upper side of the descending 4H channel and could probably go to the neckline at around 1650 if it does not break up soon; RSI on...

giorgiovie

BTC is inside a small descending channel under the DO moving down from Resistance at 20500, that small channel maybe a bullish formation but under DO and after rejection I maintain a bearish approach to it at least in the short term, the price is moving in an area that for me now is a no trade zone but if BTC move up or down I would sale a rejection at DO or buy a...

giorgiovie Updated 

ETH is just under DO and the neckline resistance of the upper side of the containing box 1314-1414, it is trying hard to break up but has been rejected twice already at 1360, this time a simmetric triangle is showing up after getting out from a wedge, this triangle could break up or down as well , I would open a small position on the break and retest as...

giorgiovie Updated 

BTC is trying hardly to move over 20300-20500, but buy volume is not there and is getting rejected by resistance and upper board of ascending channel, so whats next move ? I have no idea , but looking at the chart i see a possible move down to 19700-20000 to the lower boarder of the channel where a bounce should happened ; RSI is mix ; 15 M is coming out of...

giorgiovie Updated 

Gold has moved out from the ascending wedge, first broke down and than bounced up again after the News, now is inside another bearish formation a small ascending broadening wedge, where is going the price ? probably to the R2 at 1330 or just to the boarder of the 4H descending channel, in any case it is approaching resistance area and looking at RSI 15M. 30M, 1H...

giorgiovie Updated 

ETH still looks bullish but is back inside the old ascending wedge that is a bearish configuration most of the time, it is floating around R1 and between the old wedge boarder inside-out and a new support line, RSI is oversold on 15 M, curving down from overbought on 30M and overbought on 1H and 4H , this means that ETH could have a large pullback down or a small...