Marketanalysis
View On EURGBP (22/05/2018)Price has rejected from the trend line, now we can see price move down to 0.868 support level
View On EURJPY (22/05/2018)131.3 level is a good support, now we can see price move down to 129.2 level
View On AUDCHF (22/05/2018)A lot of high volume appear, but price can not break 0.756 level, now we can see price move down to 0.74 level
View On USDJPY (21/05/2018)Last week, price rised to resistance with low volume, now we can see price move down to 109.5 level
View On NZDCAD (21/05/2018)Last Friday, we saw a big bull candle reject from 0.88 level. Now price can retrace to this level and move up to 0.91 level
View On USDCHF (20/05/2018)Price has rejection from resistance level (1.005). Now price can move down to 0.975 level
View On GBPCHF (18/05/2018)If price can break 1.349 level, it can move down to 1.33 level. Just wait for short
View On GBPJPY (14/05/2018)149.322 support level has broken, and price was retrace, now price can move down to 146 level.
GAME OF BITCOINGreetings!
In this study I just want to share my thoughts on the gameplay. Lets be the fuckin MM just for a couple of seconds, and watch plebs, and make bets on them.
We push the price 6K zone we watch the news plebs loosing lifesavings, houses, jobs, etc.
General players started play on our side. Everyone gone bearish as fuck, most of them started to short the all mighty BITFINEX:BTCUSD . ( 6 months ago 90% of them cant even think about to shorting option on BITFINEX:BTCUSD ). Then BAMM we get in their houses, rape their souls take their money and started the biggest pump that newbies didnt even saw at the peak of the last bullrun (+1K in almost 20 mins).
Charts showed DVGS' , H&S reversals but no we didnt stop we made it to almost 10k. Cuz those plebs who lost almost everthing at 6K zone have to gain something so they can pay us again right? Anyways Alts started booming BITFINEX:BTCUSD stayed strong etc etc.
But still the MF Volume is not satisfying! When price goes sky-high, market still feels the fear! However they can not stop their greed they want more! So Let's give em more lets go to 11K maybe just a little bit higher to satisfy your charting skills for you to convince yourself to put more money in in with a clear conscience. Now market is euphoric everyone celebrating n stuff than again boom! Selling contest starts they push for -2K than plebs take it over and they create another selling climax. We "the MMs" buy their hopes and dreams again and complete that wanna be H&S and go the fuckin ATH with a little group behind us like we always do.
Now back to the reality. We are not the MM we dont have that power to drive market wherever we want! So ask yourselves are you trading according to what market shows you? Or are you trading under control of your desires? According to the last pleb control drop which happen at 04/05/18 ( the Test as soon as daily closed to 9.5k-9.3K) showed us that we put our SL with greed and according to our desires! So the scenario that u just read has some good chance to occur.
I believe that sometimes getting out of the charts and thinking the possibilities might be usefull for the game we play.
Be careful, stay strong, and let your greed fuck itself not you!
View On XRPUSD (11/05/2018)Price is on support zone, can wait for long
***Market analysis by BenelliFX***
View On USDCAD (11/05/2018)Price is at our POC now. It can retest 1.28345 level and going down to 1.25775 level.
Just wait for Cad's Unemployment Rate news and decide
***Market analysis by BenelliFX***
View On GBPAUD (10/05/2018)Price retested 1.819 resistance level. Now price can move down to 1.775 level
***Analysis by BenelliFX***
View On NZDCHF (11/05/2018)High volume appear. If price can close above 0.6987 level, It can move up to 0.71 level.
***Market analysis by BenelliFX***
View On BTCUSD (10/05/2018)It is likley to retest the low level of $84,00 level.
If these $84,00 get broken, it is likely to go down to $8,000.
