$JPY needs to test these multiyear lows before I'm a fan of buying the yen again. We are attacking this play via GBPYJPY last 2 weeks. Giving it a rest for now - Need to test these lows!
Silver hitting local demand and swinging back to prior opens.
THE BURRY CHANNEL: World famous trader Michael Burry went all in on stock market shorts last week! Bullish setups are going to be hard to find until we break out of this channel! *MICHAEL BURRY'S SCION ASSET MANAGEMENT JUST RELEASED ITS LATEST 13F FILING *BURRY BOUGHT PUTS WORTH $900 MILLION DOLLARS AGAINST THE S&P 500 AMEX:SPY *BURRY BOUGHT PUTS WORTH $740...
Building the narrative on Bitcoin / CME BTC Futures : Bearish channel with "SBF Gap Down" yet to be filled at 35k, I was a fan of us filling that but price is beginning to lag. Bullish side there was strong bull flag formation with the "ETF/BTC Spot fillings at Black Rock and Fidelity" due to extremely high demand from consumers. 20k BTC is the CME gap yet to be...
A break and candle close below pivot taking it to targets 1, 2, 3. Highest price of the year circled in green, perfect T off from last year supply zone. Message me if you'd like access to our private trading template, Momentum Trading Levels 2.0
BTC did a right shoulder rejection and respecting the logarithmic downward trend line. Also, if stock market and tech starts to give out - crypto will follow in the rinse. The news is rather bearish around BTCUSD with SEC filings.
Bitcoin is a truly classic market, obey the fibo and continue to make money.
Inflation was the key word centered around the EUR today yet selling pressure is beginning to look exhausted. EURJPY will plan a target for it's next harmonic over the second half of the week with a possible mid week reversal.
Here's a three-dimensional volume analysis of BTCUSD on Bitfinex memory pool. This is pure VOLUME ANALYSIS based off VPA (Volume Price Analysis). These are the major support levels I'm looking at for the long of a lifetime, cheers guys. Major FUD may be required to reach these levels ie exchange hack or greater crypto takeover(flippening).