giorgiovie

giorgiovie

Gold is at the upper end of the channel that is offering resistance to up move so is floating around 1723, the NY news as Jobless claim and Fed speach will give some strengh to next direction either up or down, personally i am neutral , will see next move and than decided what could be a good spot to enter , i still preferred long at the 1700-1720 level but off...

giorgiovie Updated 

ETH has made a moved back up back the old channel, would like to try and buy a pullback to the support line and the channel board so between 1590 and 1612 as per chart with SL just under, off course if there wil be one or will wait for a good spot to enter long, BTC as well seems moving up; if there wil not be a pullback i will just wait for next opportunity.

giorgiovie

Gold is taking a step in advance against the US Dollar that today finally paused, i am looking to buy a pullback in the area of 1705-1712 if there will be, but i will wait for confirmation prior to enter and look how DXY and the US Dollar will move tomorrow unless i will wait for a spot under 1700; Gold advance could be limited if US Dollar will keep moving up so...

giorgiovie

BTC seemes ready to get back home at the 19500-20500 box, probably the pullback is just short lived and we get back up; on 15M it is already in oversold area so could moved anytime now, the US Dollar is breathing a little bit so gold and crypto are trying to get back up, i am not going to trade, will wait tomorrow as the crypto market is trying to consolidated at...

giorgiovie Updated 

XRP is one of the weakest pair of the Top 10 in the crypto market, it is bouncing at the buttom of the channel, i would sale a rejection at the Resistance line or DO and ML , would wait for confirmation before entering a short position and would take a look at BTC how is moving, but RSI on 15 M is overbought so should start resetting soon with a pullback, as RSI...

giorgiovie

ADA, as the other crypto pairs, has changed direction from north to south as BTC crashed down; the Crypto market now looks bearish and the US Dollar strong so i would not buy until a good spot open up, I would open a small long position at two main support line, off course if ADA gets down there, at 0,447 and 0,437 depending on volume and reaction at that level, i...

giorgiovie Updated 

Gold is bearish and US Dolar is very strong, so Gold is moving down and start looking the 1680 barrier; I think we will get bounces as we get lower , so the first area were i would buy is at 1694 and than eventually at the end of the channel around 1680-1685, but first we need to get to 1694 and at the moment we are trading over 1700; if we get to 1694 i would...

giorgiovie

ETH lost the ascending channel and is back into the old descending channel, the BTC crashed has involved all the crypto market, ETH as well with damage to the chart and bullish view, now after the sell off we can look at a spot where a bounce could happened and i think is between 1490 and 1470, infact 1490 is the low of the day so we can get a double buttom there...

giorgiovie

ADA is just tryig to bounce at the main support line, if breaks next stop culd be 0,4474 that is MO, if can bounce up next resistance would be at neckline or 0,4868; all the eyes on BTC that is crashing down from distribution box, if BTC will rebound ADA and all market will follow unless another moved down is on the horizon; i was thinking to buy at the support...

giorgiovie Updated 

SOL looks strong but has formed an ascending wedge on low time frame and has been rejected twice from upper boarderof the box, I would wait to see a resolution of the wedge that usually is a down move , but not always, so for me the best trade at the moment is to buy a bounce off DO or MO, or eventually waiting for a break and retest of the upper boarder of the...

giorgiovie Updated 

ADA is trying to moved out of the box over 0,51 resistance, still looks bullish, I would try to buy a pullback and rebound of support at 0,4883 or 0,4752 if it gets there, in the low time frame it is inside a descending wedge so there are possibility that it plays out and move down; the market in this moment looks fine , BTC is still inside the box 19500-20500 and...

giorgiovie Updated 

ETH is bullish, but it is formng a small wedge on low time frame, could be sold here and if break the wedge down to first line of support or 1648; I give a try with a very small position and tight stop as against the trend, this is risky as the wedge could break up on bullish trend

giorgiovie Updated 

Gold is approaching a strong area of support 1707-1712, where there are DO and MO , i would buy a bounce out of it to 1718-1723 area ; gold is oversold so long is favoured with TP back up to 1718-1723, SL just under 1707

giorgiovie Updated 

ETH is facing resistance at neckline, I would sale here to 1617-1632 area with SL just over the last high ; attention always to BTC move, the sale is limited as ETH is bullish

giorgiovie

BTC is still inside the box and has been hardly rejected again just around 20000 in a probably stop hunter game, as i am not a market mover or a wizard i just will wait to see what direction will take and than make my decision; the BTC move is going to involved all the crypto market so it is very important to follow it day by day, at this point we could see a big...

giorgiovie

XRP still look very weak, has been hardly rejected at neckline, i would sale any bounce back to 0,34 or a rejection at 0,338 or a break down of DO, TP are in the chart SL tight as there are stop hunter ; need to check how BTC is going to move, if BTC make a strong move up the trade is invalidated as the all market ( including XRP ) would move up so always pay...

giorgiovie

ETH break out while BTC is still in the box at 19700 and was hardly rejected at 20000 ( probably a weekend hunter game ) , at the end of the day looks like ETH is strong and BTC is weak ; i want first to make sure this move is real before placing new trade, i will wait and see if buy at the buttom of the new channel or at support or short at the high end of the...

giorgiovie Updated 

XRP has bounce up but now is facing resistance at DO and higher, I would sale it at 0,332 and at 0,334 with SL at 0,336, TP could be set around 0,325; probably XRP will not get up there, depends on how the all market will do in the net few hours