As long as price stays above 29k, BTC should be able to retest 30-31k easily. A break above 31k can push price all the way up towards the latest high. But as long as price remains below 32k, BTC is still consolidating. On the other hand, a break below 29k can push price all the way down towards 27k. From there we need more data in order to see if price is...
This is the continuation of my previous idea regarding BCH sells from 270 towards 235 and 200 in the near future. Stay tuned for what's yet to come!
This is the continuation of my previous trade idea in which we discussed sells from 31 150 towards 29 650 and 29k later on.
This is an update of my previous view regarding the current breakout. IF price doesn't mnage to break above 30.650 by the end of this week, there are high chances for BTC to drop towards the 29.6k and even lower
At the moment, price is currently retesting an important imbalance at 240$. A closure below this level on the 3 day chart can predict a potential pullback towards 150$. But in order for the pullback to be valid, price must respect the current high that will form from here. On the other hand, a break above 240$ from here will push price towards 260$ easily.
Because price didn't manage to break above 31k properly on the 3day chart, I believe that BTC can go back and retest 28-27k at around the midvwap before going back up. On the other hand, a break above 31k from here, without a liquidation of the current low at 30k can push price Towards 33k-34k, but the low left behind can attract price and create a pullback to...
This is currently the view I have on Gold. I'm looking for sells only if price creates an inducement at around 1913 level. Otherwise I will not execute any sells, due to the fact that we are getting very close to a major demand and also we are transitioning into Q3 by the end of this week.
This is the trade breakdown for today's trade. Couple this video with the first video posted in today's thread and you will see how beautifully we executed the idea stated in the pre nyse analysis.
I can easily see gold back towards 1926 before moving back up, but only if price manages to close below 1929 on the 3 hour chart. On the other hand, if price breaks above 1933, we will most likely see gold back towards 1940.
This is the explanation in romanian for my view on Gold. I expect buys soon, but at the moment we need way more data in order to not trade in a counter trend. We need more confirmations from 1924-1926 before price manages to confirm a push towards 1940-1950 area.
In this video I'm explaining all the reasons why I've decided to take a counter trend trade + its management, so enjoy!
This is the continuation of my previous view for BCH. I still believe that price can easily retest 150$, but only after price breaks above this level, we should be able to see 200$/BCH.
This is what we waited for more than 3 months guys. The wedge has been broken, after completing a whole level of imbalance on the monthly timeframe. Not only that, but price has now officially liquidated 30k mark which was the high of the previous month. The only problem we can have from here is if price doesn't manage to close above 30k in the next 3 days, which...
This is the update for my previous view on BCH. Price managed to respect 150$ mark and also managed to liquidate its previous major low at 100$. But, because price couldn't close below 100, I believe now that as soon as BCH confirms that 93$ is now our next protected low, we can target buys towards 150 once again and now even towards 200$.
This is an update for BTC regarding the overall potential move that can happen. I believe that price can fulfill 26.5k and even retest 27.5k before dropping lower. As soon as price manages to break below 25.85k, BTC can drop dowards 24k and even 23k before climbing strongly up.
There are 2 possible scenarios for gold. If price manages to show us that 1949 doesn't have enough bearish orders to liquidate 1942, then buys are in play, targeting 1953 and 1958. On the other hand, sells are valid once again if price fails to have a valid bullish mitigation from here, respects the current high and liquidates the current low at 1942. Targets for...
This is a follow-up of my previous major analysis. We still need to wait, due to the fact that price is now printing structure.
Looking at the 3day chart, we can actually see that a falling wedge pattern has been formed since the latest high at 31k. But because this type of wedge has a fakeout before the breakout most of the times, I still believe that BTC can drop towards 23-24k to liquidate the latest area of imbalance. This form of liquidation would gather all the strength needed for...