tomstewy

tomstewy

Ethereum has made a significant drop in the last 24 hours as Biden’s infrastructure plan was approved today. The infrastructure plan had an obscure cryptocurrency tax reporting requirement. We’re capitalising on the downside pressure, targeting Ethereum downside into the $3750 level. Downside target: 3750 Violated above: 4900

tomstewy

NZD/JPY has traded into the 38.2% fibo retracement level as support, which is also the previous structure resistance . NZD/JPY has a bullish seasonal tendency from September through to the end of the year and we anticipate this seasonal trend to play out. Looking for upside into the 27% fibonacci extension level.

tomstewy

DASH/USD is starting to take off, as the crypto bull market is heating up. DASH is set to follow suite of Litecoin yesterday, breaking back above the 200 USD mark, and running to the upside. We’re targeting a double in price (nearly) with relatively low risk. Upside target: 400 Violated below: 175

tomstewy

Solana against the USD has enjoyed a great bull rally, however technical analysis now points to downside. Price has rebounded out of the 61.8% fibonacci extension level, and we anticipate a retracement into the previous highs. The 4H RSI is also indicating bearish divergence, and we are looking for a move to the 220 level. Downside target: 220 Violated Above: 270

tomstewy

Litecoin has made a clear break back above the key 200 USD level, and now we’re looking for bullish pressure to continue above the $300 level. Upside Target: 320 Violated Below: 190

tomstewy

NZDJPY has a bullish seasonality in november and december. I'm looking to get long at previous structure and hold. This idea has a 7:1 r/r.

tomstewy

AUDUSD has rebounded out of key quarterly levels, and with australia's international trade relations deteriorating I anticipate a great fall.

tomstewy

Price has formed a double top pattern, having broken both the support trendline and the double top neckline. Below the q2 low and q3 high we have smooth sailing to the downside, with few key supports on the higher time frames. I'm now looking for downside to 0.7250.

tomstewy

CHZ has broken previous ranging structure and has pulled back into the 61.8% fibonacci level. We anticipate this level will hold as support, and are looking for continued upside.

tomstewy

Solana has held the Fibonacci golden pocket as support, and has now broken the corrective trendline, confirming the bull market. We’re looking for price to have a continued upside, targeting the 27% fibonacci extension at the price of USD 235. Our idea would be no longer valid if price breaks below the fibo golden pocket and trades through the $165 mark.

tomstewy

ADA (Cardano) has stabilised above the fibonacci golden pocket zone (between 50-61.8% retracement. Technically the pair is holding support, which also lies around the significant $2.000 mark. We anticipate upside out of this zone into fibo extension around $3.600. ADA is set to release smart contracts late Q4 – early Q1 2022.

tomstewy

NZDJPY has broken the corrective flag pattern to the upside, having found support around the 21.4% fibo level. We anticipate continued upside to the 21.4% extension fibo.

tomstewy

Hey all. NJ hit target at 82.50. Now watching for a pullback into the blue lines where I have buy limits. NJ seasonality continues through to december.

tomstewy Updated 

Kiwi yen has a very bullish seasonality from september all through december. I anticipate to continue trading long only on this pair for the remainder of this year.

tomstewy

XAUUSD has enjoyed trading above the 1700 figure for a considerable amount of time. I anticipate price will move back into the 1500's. Price has similar price action. The daily moving averages remain in a bearish cross. Commercial shorts on gold futures are aimed to weigh the precious metal down, as manufacturers look for cheaper gold prices.

tomstewy

Gold shall crumble under the weight of commercial shorts, as technology companies and jewelers both seek to buy the material at lower prices.

tomstewy

THis short idea capitalises on current Mid term trend & recent highs.

tomstewy

GBPUSD daily chart has closed below the 50% fibo and the mid-trendline support.