What's the most important confluence of trend reversal? MSB - Market Structure Break. Normally you would draw the lines at previous extremums and check when the price goes through - brake them. That's where the name came from. But let's just think... We got a bearish MSB, what if price at some point of a time will go higher then that Line and close above...
Quick Market outlook. Here is another my idea about bright Future of BTC. Covering it up from correlation with VIX, TD sequential Indicator and finally with Monthly pivots.
Just a light reminder where it all goes, was a bit sleepy, but hopefully provided a helpful data. Describing SP500, BTCUSDT, ETHUSDT mostly on Weekly charts.
Not a big secret that high time frame candles and especially their Open and Close prices are solid areas of Support and Resistance. Here is on the chart I marked yearly Open candles. Its 1M chart so its easy to see how price respects these areas. In some cases it was resistance, but mostly good support areas. The current Yearly open area, which is close to the...
A lot of rumors lately about upcoming Alt season ;) Explained it from a perspective of BTC and BTC.D move. In particular, where is the good areas for BTC to come. Was showing some bullish fractal for BTC, which was happen in 2021 and may happen again.
March Week 3 Correlation between 2015 price action and current one. Weakness on a Weekly chart, but seems strong Month close happening?
Was covering few different time frames of BTCUSDT chart on this video. A weekly, monthly and a whole range within last few years.
Current Idea is based on a theory that the Asset after a long lasting consolidation is pumping at least to the range of that Consolidation. The range is between 1 to 0 Fibo levels, expecting area to reach is at -1 Fibo, now the price is below -0.5 Fibo level, retracement may happen. As weekly candle closed strong I would check the area around the Middle of 1W...