Orange Area = 4 Hour Imbalance If we trade above this on a 'closing' basis then think higher prices - possibly $21.50. If we failed to do so, the first objective is $17.50, if we remain heavy the second objective is $16.00 BTC sentiment still appears bearish , this makes be bearish on crypto assets across the board. I'm not selling.. I may trade these a bit in...
This post really is a post for my journal and study log on intermarket analysis. My Understanding Is That If Bonds Drop, Interest Rates Rise & DXY Will Rise seeking Yield (Interest Rates).
Similar to my views on ETH - SOL is still poised to go lower and there isn't anything bullish that I'm seeing as yet. BTC still hasn't convinced my that it's bearish . In fact - there is a lot of people talking about BTC is to go higher due to what's happen in Russia. Public sentiment is bullish - I think it would be a nice time to drop price while mainstream...
ETH still appears to be bearish in my view. I would monitor the daily down close candle below where current price is. If we trade through that then expect to see a rapid sell off to $2160 as the first objective. BTC still hasn't convinced my that it's bearish. In fact - there is a lot of people talking about BTC is to go higher due to what's happen in Russia....
Go back and see my other post and you will notice that EURJPY was marked out before hand. I honestly did not do so well trading the idea intraday one the 15 min & 5 Min charts but that's something I'm working on. There were some clean 4HR entries which I could have taken but because I'm more of an intraday trader, I overlooked these set-ups. That is something...
I have been very confident and clear about my views on BTC, SOL, ETH & POL. Mainly due to my outlook on BTC as 'bearish' (forecast 20K to 25K). If BTC drops it's likely that the other cryptos across the board will fall also - however, this is not always the case. Nonetheless, I'm looking at the imbalance on the weekly change (orange lines) and I'm monitoring...
Based on what's happening between Russian, the Ukraine and the sanctions imposed on Russia. My stance on BTC dropping to 20K to 25K has change and i'm now a bit unsure as to what can happen based on the environment that we're in. Russia may be preparing to skirt economic sanctions by using cryptocurrencies. The effect that this might bring the the crypto market...
Morgan Stanley Issues Ethereum Warning, Says ETH May Lose Market Share to Faster or Cheaper Challengers. dailyhodl.com As price action traders we can see what's happen behind the scenes without needing to know. This is a late idea post, but by review of the chart you can see how well ICT concepts work - even in crypto. - Maradona Capital "Be fearful when...
As Russia's Ukraine war begins, the precious metals Gold and Silver are seeing bullish order flow. The Gold chart is on a tear, and Silver is not so far behind. The first higher time frame (HTF) price objective on silver $30. My first BTC price objective was met; however, I am still waiting for my remaining targets to be met. I paper trading the BTC move from...
BTC still dropping as expected. I'm short on a paper trade & honestly I think I like BTC for swing trades so i'll be studying it more. See my other post for where I think BTC is going.
EURJPY Break Down HTF Order Flow Appears Bearish - I'm not swimming against the tide next week, I'm looking for sells. If however, there is a buy that looks clear it will be traded with low leverage and my expectations behind the trade will not be high. - The DXY has not been trending clearly since December - January so I'm reverting to trading a bit of...
ETH to below $1500 - Yes i'm still bearish on Crypto!!
PayPal – 70% Decreased in its share price: PayPal has begun moving downwards since Jul 16 2021 & has retraced 70% away from its all-time high. The decreased in PayPal’s share price fell further after the company released their earnings guidance and made comments to reduce their goal of new users and instead focus on sustainable growth and driving engagement. ...
Following up from my previous Sol post - I'm still bearish on SOL. The Daily Chart is still bearish and there is nothing in here that appears to be bullish, therefore I am looking for further bearishness or lower prices. Patience is importance - what's the rush?
There is a 8:30 am Red Folder News Release; I will wait for the price reaction after and engage. Hopefully It trades higher to a premium and prints my entry/trade model for me to execute. If not - I will step away. Discipline Trade is Happy trading MaradonaCapital
PayPal is very a well known company - this chart inspires me to learn more about the company and see if there is still future long-term value behind the company, it's vision, management team & financial records. Should there be, I will wait for a slight form of bullishness and consider making an investment as a learning experience and a long term hold. Hope you...
As you may know - my outlook on the major cryptos are bearish at the moment. Here is my view on Chainlink! It would be great to see the asset price below $10. I will consider making an investment if it does. What Is Chainlink? Founded in 2017, Chainlink is a blockchain abstraction layer that enables universally connected smart contracts. Through a decentralized...
While so many are bullish on BTC and some are not - I'm with the ones that are not bullish at the moment. I'm still looking for lower prices - here is a more updated chart breakdown of what I see on a more shorter-term horizon - about a month or so maybe. Comment your thoughts - are you bullish or bearish on BTC right now & why?