quantguy

quantguy

Litecoin has sold off with the rest of the crypto market on the Russian invasion of the Ukraine. We appeared to be making an attempt to break through to higher levels with the $100's holding and an apparent concerted effort to test $114 again. However, the news was devastating for LTC, which regrettably retraced all of this move and then some, giving up the $100...

quantguy

Ethereum has crashed after the Russian invasion of Ukraine. We have smashed through the low at $2556, a relative low that we thought may be constituting an inverse head and shoulders pattern, and therefore a possible attempt at higher levels. However, a global market selloff broke this low and headed deeper into the $2k handle. We are currently finding support...

quantguy

Bitcoin has plummeted after the Russian invasion on the Ukraine. We were personally hoping that Bitcoin would become another safehaven asset, but with institutional holdings on balance sheets, it is moving with stocks at this point. We sold off drastically from what appeared to be an inverse head and shoulders pattern forming at around $39K, smashing through...

quantguy

Stocks have plummeted after Russia attacked Ukraine. We were seeing an inverse head and shoulders type pattern forming with a low of about 4272, but strong bear momentum smashed through this level and headed down further into the 4100 handle. Currently, we are finding support at 4122, where a green triangle on the KRI is providing support. After that, there is...

quantguy

Gold has blasted through highs off news that Russia has invaded the Ukraine. We saw some resistance around 1917, with 1895 providing good support. But the news took us past 1936, through the vacuum zone to 1956 and then on to the 1970's, where we are finally encountering some resistance and potentially may have topped out for now. A red triangle on the KRI...

quantguy

Litecoin got strong support from $100, pivoting off this level as it retraced past our level of support at $105. With the pivot, we were able to clear $105 again, and appeared to be in the vicinity of $114, but momentum seems to be petering out and we are meandering in the middle of the vacuum zone between $105 and $114. If we can recover further and break $114...

quantguy

Ethereum pressed lower, but found support at $2556, a level we have called out here. We have subsequently seen a nice pivot back to relative highs at $2762, which may be the neckline of an inverse head and shoulders pattern (in the making). The Kovach OBV has lifted slightly, nothing to support bullishness yet, but it could suggest that we have bottomed out in...

quantguy

Bitcoin has made another run for lows in the mid $30K's. We found good support at $36.7K, confirmed by a green triangle on the KRI. The Kovach OBV is still bearish, but does appear to be leveling off. We are seeing an inverse head and shoulders type pattern in Bitcoin with a "neckline" around $38.9K. If this is the case then a breakout could easily take us...

quantguy

The US dollar is maintaining a very narrow range between 95.82 and 96.24. The mid 96's definitely seem a bit top-heavy for the dxy for now. But we appear to be seeing a broad pennant pattern forming with an apex at about 96.00. This suggests that a breakout may be on the way soon. If we break out from here, then 96.44 is the next target. If we break down then...

quantguy

Stocks have been struggling to find footing in the wake of Russia tensions. As we mentioned before, stocks found support at 4272. A green triangle on the KRI confirmed the support here. We are currently attempting a bit of a pivot from here, with 4364 providing resistance for now. We are seeing a (rather messy) inverse head and shoulders type pattern here with...

quantguy

Litecoin plummeted as the markets digest the Russia/Ukraine conflict. We have retraced fully, back to lows after finding support at $105. Support failed but $100 held and we are currently testing $105 again but from below this time. If the $100's do not hold then there is a vacuum zone to $94. The Kovach OBV is still very bearish and we don't see much evidence...

quantguy

Ethereum has tumbled back deep into the $2K handle as the markets price in increased tensions with Ukraine. We have been steadily taking out levels after $2852 failed to provide support, with $2762 and $2651 to follow. We are currently seeing support at $2556, but we have already broken below it. We do appear to be seeing a brief relief rally, but the...

quantguy

Bitcoin has sold off with stocks as the markets react to the Ukraine/Russia conflict. We were skeptical of the bull rally anyway, as we have mentioned here many times. Bitcoin have solidly given up the $40K handle, and are well into the $30K's at this point. The level $38.2K appeared to provide good support, but another wave of selling took us back further to...

quantguy

Stocks turned sharply lower as the Russia/Ukraine crisis has escalated. Putin has sent troops to separatist regions in the Ukraine and the UK and EU have suggested to respond with sanctions. We have retraced the range fully, testing 4272 once more. Recall that this level has been in our reports all this month, so you should have been prepared. We are seeing...

quantguy

Gold has steadily rallied benefitting from safehaven inflows from the Ukraine crisis. We appeared to see some trouble with 1895, the last level of the 1800's, but another burst of momentum took us into the 1900 handle. From there, we were even able to make an attempt at higher levels still, but our level at 1917 proved to be a top for now. After that, we...

quantguy

The US dollar is meandering in the high 95's. After rejecting the 96 handle, we promptly saw support at 95.82, with a few attempts to break it immediately finding support just above 95.58, the next level down. Several green triangles on the KRI have confirmed support above this level. However, any attempt to break through to the 96's again is being met with...

quantguy

Oil has retraced sharply from highs. After rejecting 95.24, we smashed through the 90 handle entirely, testing 88.77, where we appeared to find support as confirmed by several green triangles on the KRI. However, another selloff took us past this level to the next level of support at 87.21. We do appear to be finding support at this level at present, but if...

quantguy

Gold has hit our next target of 1905, after smashing through 1895. We saw resistance from 1905, as anticipated, and subsequently retraced slightly. We are currently seeing support just under our previous target of 1895. If we retrace further, we should see support at 1876, then 1865. After such a strong rally in gold, it is reasonable to anticipated a...