NLMarco

NLMarco

Roadmap: important supportzones 6700-6800 and 5700-5800

NLMarco

Some lines at the bigger picture. Difficult area...!

NLMarco

Bitcoin currently forms a symmetrical triangle. If it breaks up, it can take us up to 7700 and 8000. Watch out for negative divergence on the RSI there in this area!!. If we break down immediately, it can go quickly to the supportzones at 7000, 6600, 6200, 5700. In the worst case, we can go all the way back to 4900 and 3800, but I don't think that's very likely

NLMarco

Only 33 days left...

NLMarco

Bitcoin strugles in the 6950-7400 zone. It is not really clear which way it will go. A little bit higher (7500-7600) for forming bearish divergence or a little bit lower (6800-6900) to for, a bullish reversal or a bull flag. We only have to wait...

NLMarco

After a good and quick bounce up now de bulls losing momentum. Decreasing volume and a bearish reversal at the RSI makes me think about a short correction.

NLMarco

Not very bullish as you might know. Keep an eye on it and let see how this plays out...!

NLMarco

1 month from halving. Big event! Couple of months after the halving massive bull movement imo

NLMarco

Bitcoin @ multiple resistance mid term

NLMarco

Make or Brake point for Bitcoin short term - Triangle. Put the support and resistance levels in your screen!

NLMarco

Oil breaks the line but with a very clear bearish reversal. Not very bullish short term.

NLMarco

Bitcoin is thinking which way it will go. No clarity at the moment. Many shorts were liquidated yesterday. Above 6800 with confirmation is further up towards 8k imo. If we go below 6400 we will probably tamp the bottom around 4k

NLMarco

Tesla shows us a nice relief bounce but with a very clear bearish reversal at the RSI. Tesla may be forming a soil around 300-350. This is an very important support area. If we break this we can go further down. Quite hard! Money flow indicator is decreasing, which indicates that money is still flowing out of the market. That is not very positive short term.

NLMarco

We will probably get a retest first. If this keeps up I'm more bullish...

NLMarco

After braking the supportline late february we went down quite hard. Then we saw a relief wave up but with a very clear bearish reversal at the RSI. Be very careful with your longs guys!

NLMarco

Just a thought!

NLMarco

Bitoin has closed the CME gap but rejected hard against the red resistance area. All this with low volume and lower tops at the RSI. First serious support around 5500-5600. It's very plausible that we tamp the bottom first before we go higher with fresh bullish momentum.

NLMarco

SP500 is looking weak. Seems it made a second lower high with a very clear bearis reversal on the RSI.