Hi everyone, just share some thoughts regarding to the FOMC's meeting last week: - Fed's rate hike with 0.25% as expected after considering 1% before the pre-bank-crisis events and 0% for post-events. It's more logical for me than any other option, as inflation is still high, the labor market is still hot, and the economy is still boosted with hyped capital goods...
- Nice boucing from D1 at the key structure level - Tested short EMA from an effort to reverse its previous downward structure. - It's clear path for positioning if you have not done yet - Still a lot of long-term holders from on-chain data
Quick view: - Forming base and nice rejection - Bullish candle at support - OK RR Good luck as usual!
Brief: - 1000 contracts bought at the 46000 levels to keep the Low - Price backed up from that point and went higher - Price trapped a lot of panic sellers - Good RR to trade
Resoning: - Bear trap - OB - Confluence - High beta with BTC
Hi all again, Briefs: - Market is running on sideways mode as my last comment on previous update - 47000 is a good point to hold (better than Elsalvador I guess). I observed in the last few days, many good buy around this level and ready for long-term - Price would make some back and forth at this level due to need to build up buyers and move when MM decides it's...
FACTS: - Some good amount of rejections around current level - Nice Spring from BTC around 53k level - Accumulation phase at this level with higher Low I'm more bullish than another downward Leg and Accumulation phase around 52-53k. So the good case is BTC goes up after making a breakout above both the MA, then making some correction and look for Bid Wall to...
Reasons for being cautious: - Bid wall looks very weak - Close below the Key Sup - Distribution pattern gonna complete if it drops from this retouching point So it's better to position wisely before the drop. Remember: Market is still uptrend even it touches 50-53k level. So just positioning wisely.
It's simple: - Nice correction - Good Risk/Reward - Previous Brekaout tested - When hit SL, open another chance to Short sell, so it's not bad to hit SL as well (positive attitude) :) Good luck!
You can have a flash swing on BTC form this level or better price when it makes modest correction. - OK risk/reward - bullish tendency - tested EMA - bullish candle - tested channel
Hi all, nice to see all again from several months. Here is the recap from last time prediction: - BTC made top if the next Monthly cadle is black. - The bottom is around 30,000 for the correction. You can find all the views here Another bottom calling around 41,000 And now the next move: - Last month's candle close above 61,000 which is enough to well...
BTC is making bottom around 41,000 level for several times. This presents a good RR trade provided that it succecced at least 5 times at this level.
BTC had a sensitive touch around 47,000 level which is at the MA and supporting level. BTC just showed the signal candle with an OB and present a good chance to be long
After very good fundamental news in last week, we experienced 2 bull Daily candles in according to ISM service and Non-farm Payroll events. This signals a retest of the last high also, a neckline of the Double Bottom pattern. If a break from this level at 93.30 would provide a clear path for the Double Bottom pattern to form and measured move may lead to 97.x...
Price broke structure and closed above key supporting level within a rising channel.
NZDCAD, Sell on H4. H4: - Structure: Minor downtrend forming - Tendency: Downward - Pattern: SHS pattern => Sell
NZDCAD, Sell on H4. H4: - Structure: Minor downtrend forming - Tendency: Downward - Pattern: SHS pattern => Sell
EURAUD, Sell on H4. H4: - Structure: Sideways - Tendency: Downward - Test and closed below resistance daily - Candle daily: Bearish - MACD: Down => Sell