SPY Update, 25 AprilIs the inverted head & shoulders pattern about to fail? In this video I take a look at the current structure and explain potential targets.
Measuredmove
My view on Bitcoin(many tactics used & alternative ETF)In this video, I reviewed what happened to bitcoin since Monday with some highlights below:
1. On daily and weekly, no doubt BTC is still in the uptrend. Key zone and levels remain well
2. What Yellen said and how to use fib and measure move to guess the price move (Fib, ab=cd and daily bullish flag structure)
3. Alternative option for less risky investors or traders.
BItcoin Update - 4H and Daily Chart | Measured MovesI expected price to show some rejections from 11150 area and it played out well.
We have break below the previous low or local support.
I am expecting price to retrace around 10625 area for another short set-up. It is less likely to test 10742 but we should consider it as another level of resistance.
Possible targets for bitcoin are 9300 area as you can see good confluence for Support there.
I have also talked about the use of Measured Moves of different types.
Note : Avoid some mistakes in the audio when I say These uncertaintiesadd up to measured move down.
Bitcoin Neutral to Bearish - Video Review Part 3In this third part of the bitcoin price analysis, I go over the measured move to reveal a bearish price target of $7,250 which coincides with the fibanocci analysis I did in the first part of this series.
