David_Tariy

04:46

David_Tariy

Looks like we can have a consolidation or even a retracement week so stay tune for any update and trade idea. Good week and good vibes

David_Tariy Updated 

In the 4h chart (right) we see how the price is using the moving average as a support all this week but remember tomorrow is non-farm payroll day so is expected a lot of volatility. So the price can fall very quickly looking for $1328.28 or even $1324.50 wich are excellent prices for a buy entry with a good risk reward ratio. The targets are: $1346.50 and even...

David_Tariy

We have a simple #fibonacci from body to the body (no wicks), retracemment in the 61,8% a.k.a "The Golden Number" and a nice Dailys closure; if the price close above the $8200.00 zone is a confirmation that the price could reach 10K.. But dont forget to put a buy limit order in the 78,6% FIB ZONE if we have any spike to the downside; the risk reward ratio is the...

David_Tariy

After the break of the ressistance $1317.19 we go straight to the $1345.00 zone and close the trade around $1342.00. Now we have to wait if the market has a bull momentum the price can touch $1355.00. But we need a clear break of the $1345.00 zone for expecting new HIGHS. Anyway now its time to wait. Good vibes

David_Tariy

Today the price close in $241.00 and the wick touch the $230.00 zone. We need to stay focus on these hours if the bulls can hold the $230.00 zone or if we go back to the $250.00 resistance and fall looking to the $200.00 support. Wait for confirmations and trade with a plan The $200.00 Support its a very nice price for a buy entry with a good risk-reward ratio...

David_Tariy

The day close with a doji candle and in the 4H charts we have a consolidation since $1328.00 to the $320.00 zone and also its making support in the moving average (blue). We need to wait for a break of the consolidation for any entry with around 100 PIPs.

David_Tariy

In the next 3 candles we could see if the price support the $1320.00 zone (also the blue moving average) for a bull momentum looking for $1345.00 zone or if the price break below the $1320.00 we can have a pullback. But remember we are in a bull trend so stay cautious if you are in short positions. Also we need a break of $1327.19 (blue choppy resistance) for the...

David_Tariy

This is the first trade against the trend thats way is a risky one. In one hour we are looking for a close below $1320.00 for confirmation of the pull back and further downside. We could have another trade in 4H chart when the price close below $1320.00 and for Take profit the $1310.00 zone. In case that the price couldnt close below the 1320.00 zone que move our...

David_Tariy

The daily chart close around the $1323.00 (Lower Highs - purple zone) and we have to wait if the price have a pull back to the $1310.00 (Last Lower Highs) or keep the bull momentum and looking for $1334.90 (Weekly Resistance) or even the Last High Zone ($1345.00) . Anyway we wait for any confirmation in lower timeframes for an entry. Will keep you update ---Good Vibes---

David_Tariy

In the weekly chart we can see how the price close above the counter-trendline after the consolidation below the $1289.90 (Monthly Support) and after touching the inner trendline. So the price is looking for $1260.00 (Wick zone) but we have to stay focus in lower timeframes for any bull confirmation or a minimun pullback to the $1310.00 zone.

David_Tariy

In the Monthly Chart the month of May the price respect the $1277.50 support wich are the moving averages and close around $1306.00. Starting this month with a bull momentum looking for $1334.90 (Weekly Ressistance) and if we keep this bull momentum in June the price could rise looking for $1375.00 to $1389.90 (Monthly Ressistance). We have to wait for...

David_Tariy

In Daily charts we can see how the price respect the trendline and the moving average (red) so we have to wait the price close below $257.00 for a bear momentum to the $230.00 or even the $200.00 wich are a good prices for buy entries. Remeber that the crypto market is very volatile and can touch this price with a very fast movement. But we have to wait the Daily...

David_Tariy

In weekly charts we can see how the price close in the $270.00 zone with a doji candelstick. So this week we can have a pullback to the $230.00 zone wich is a good price for a buy entry before a bull movement to the $300.00 ($320.00 wick zone); or we can consolidate around $270.00 to $245.00. Anyway we have to be patient and waiting for confirmations for any movement.

David_Tariy

Starting in Monthly Charts, This month we can have a small pullback to the $230.00 or even the $200.00 zone and looking for the $400.00 zone ($350.00 to be specific)

David_Tariy

Today we had kind a volatile day starting going higher early in the morning breaking the $268 zone (in 4H chart) reaching the price $288, and then the price fall around 15% reaching $240 (wick) So. what can expect for #ethereum?. The daily closure shows us the fake breakout of $268 thats why we have to wait a daily closure upside $268 to have a confirmation of a...

David_Tariy Updated 

In the 4h chart we have a nice consolidation araund $264 to 278$. Buy orders should be placed in $264 and below, or in the confirmation of the break of the $278.If the moment is strong we can reach the $320 with a spike. Stay cautious in case that the price break the trend line; in case that the price close below 250$ the setup is invalidate. Good Vibes and trade...

David_Tariy

We have araound 15 hours for the end of the week so that means that in 2 candles close the day and we can take a trade with a good ratio around the price 1280.00$ looking for the 1289.90 Monthly zone for take profit and 1272.00$ for the Stop Loss

David_Tariy

After this days of consolidation around the price: 1275.00$. We can have a small bullish moment for the end of the week with 60PIPs min. looking for the price 1289.90 (Monthly support). We have to see confirmations in lower timeframes looking for the breakout of the consolidation or if the gold end the week inside the consolidation box.