


MatrixEdge
Dont be surpirsed if the news is good headed towards the summer
MM looks to be preparing for a 41k+ move. TDI coiled and ready to expand. Will this be the move away from the range? Look for conviction in btc move Trading inside the psy high and lows see 1hr below
XMR will continue to outperform the majority of altcoins. #1 most altcoins are still +20% from 12/15/21 #2 XMR is still above the 50ema (thick purple) To find out if your altcoin is worth a ish use this total3 mkcap (minus btc and eth) Is your alt trading lower than the total3? Is your alt 50ema above, below, or indifferent to the total3 50ema Is your alt...
Oil currently doing the same as Gold (XAUUSD) now much to do aside waiting for global news to give reason for continuation down of W formation. Summer 2022 is around the conor and china has increased covid cases.... cold summer?
Mid-week reversal? On the 1 hr below you can see that there is either a leg down left to be initiated or a W formation shifting out of this range and moving higher. Global news will give MM the reason to shift price. (WW3, Iran, China, Ukraine ,Russia, Japan, India, & Taiwan)
Price hasn't touched the 200 ema (thick whits line) since 2/24/21.... Combine that with the vectors present in the chart, this may be interesting.
Well as expected oil has melted faces similar to gold. now comes the recovery of the vector candles (price still has more upside so scaling would be smart). 24hr chart below
Update 5pm (GMT -5) Expectation is still lower prices (still large btc spot orders at 30k)
Cross of the 200 and 50 ema on 4hr has happened, 1hr M pattern (wouldn't short from that standpoint), & 4 hr possible M pattern forming we know some form of a retrace is coming..... Will price reverse IW (intraweek) ? Classic stop-hunt rise NY session collaspe? Range daily low test followed by stop-hunt rise? Range until long liquidity it...
BTC has moved with conviction as stated previously (linked idea) Friday price increase causes some concern as MM tends to revert price to its mean (50 ema) Monday possible scenarios #1 Stop hunt rise NY session 3 attempts to induce retail followed by retrace Tuesday/Wednesday and continuation lower completing the previous W pattern idea #2 price test the 4hr...
Liquidity galore MM preparing price for mid week reversal. M pivots blown TDI blown
This 30k bottom area will either never be reached or be blown past to the downside. Retail traders will soon seal their fate Bearish 75% ------> if retrace and failure to move with conviction higher Bullish 25% ------> if retrace and continues to move with conviction higher
To those still committing long liquidity to the SOLUSDT you will be dumped on soon.... you've been warned
MM loves the retail traders money. be wise and happy trading..... Chinese new yr is upon us
Blew past m5 pivot and the tdi on the 1&4 hr are overextended..... typical reversal incoming.
M formation Steve (MM) short liquidation inbound . Awaiting for expansion of ema's upward