As illustrated, I'm visualizing what could be the breakout of a symmetrical triangle. Because this structure formed above key pivot areas and psychological price level of $100K, there is reasons to believe it indicates a healthy and adequate uptrend, being such pattern a continuation with a potential new bullish impulse that could drive price to new ATH at...
As illustrated, I'm trying to visualize a potential path to ATHs between $4.250 and $4.400 price range. Once there, we could see a sell-off of short term traders liquidating their long positions near the $4.500 psychological price level + long term holders closing a small amount of their profits to secure some cash. That being said, keep an eye for a...
As illustrated, I'm trying to visualize the possible outcome for the next couple of days. Anything could happen, but the more "obvious" sentiment is bullish to "very" bullish. The targets of $110,000 - $120,000 are very realistic within just a few hours into Trump's inauguration. Now, one must expect anything during the most volatile conditions, and a...
As illustrated, im visualizing what could be an AB=CD Pattern as a continuation structure. We saw a strong bullish weekly candle that shows momentum and strength to the upside, and this might be our clue. Keep in mind inflation data is likely to come in hot during JAN, which might lead the yellow metal to re-test its ATH within the next couple of weeks....
As illustrated, im visualizing price to fall after showing rejection just below the psychological price o 2680. Let's see how far it could during CPI news tomorrow WED 15. -- GOOD LUCK!
As illustrated, we see a strong bullish 1D candle break-out of the bullish pattern (consolidation phase), which could indicate the start of the continuation impulse to the upside to re-test previous highs and potentially breaking to create ATHs. Target area: AB = CD: It is calculated based on the measurement of the first bullish impulse; meaning it...
Happy New Year to all of you! :) As illustrated, we can see BTC hanging on the edge of a cliff. Apparently , Black Rock and other financial institutions involved are manipulating price; however, that's only rumors until a major media source proves otherwise. Technically speaking , the key support area is the $90,000 - $91,000 price range where we've seen...
As illustrated, we see price looking to dance with the 100SMA line in the 4H timeframe. Should price close above it, it would have to hold as support in order to maintain the uptrend and make this a potential continuation impulse to break ATH. It is key to see price hold at or above the 100SMA in order for this idea to be valid, and if it retraces back...
As illustrated, I am trying to visualize what COULD be an inverted head & shoulders pattern, THAT HAS NOT BEEN FORMED YET! I REPEAT: IT HAS NOT BEEN FORMED YET The only reason I share this idea, is because tomorrow, WED 18th, the FED has to decide for the last time this year if to lower rates or keep them at 4.75% basis points. Should the FED decide to ...
As illustrated, price has respected the HODL area after breaking out of the bullish flag. BTC's break to ATH has helped the general uptrend in the industry, and XRP continues to follow. It was necessary to have had an accumulation phase the last couple of weeks. It comes to show that the market just made a stop in the uptrend. Unless there's a break to the...
As illustrated, market has grabbed liquidity above a mid-term high just above $2720. The market is selling all of that liquidity toward the lower side of the internal range, where there is a lot of sell-side liquidity below $2612 (near $2600) and below $2580 (near $2570 in extension). Should those areas hold as support, the yellow metal should see a strong...
As illustrated, the potential move of the flag's breakout. AB = CD (first impulse distance = continuation impulse distance). Should the HODL area hold the front line of battle, XRP could be on its way to ATHs near the $4.500 price range. Should the crypto industry continue to get to the hands of more and more people, and more governments and businesses adopt...
As illustrated, the market is holding a bullish structure (flag), and within it an inverse Head & Shoulders. If price manages to hold and break the resistance trend line of the flag, you could expect price to expand the same distance as the stick of the flag; that means the first expansive move before the formation of the flag. - Illustrated in blue arrows. It...
Here I'm trying to visualize what a bear trap could look like this coming up week. If you're interested in reading more, I will also leave my fundamentals and a personal view on a few factors that could drive gold into a 2025 where it could see the $3,300-$3,500 price range. BE CAREFUL and BE PATIENT for a potential SWING BUY , since there is a lot of...
As illustrated, XRP is making yet another bullish structure and it seems that it's breaking out of it. Be careful as this might be a choppy lift off, since XRP is very close to reaching historical high, and sellers might step in to put pressure by selling near the 2.50 - 3.00 price range. However, I visualize bulls taking XRP to fresh ATH near the $3.0-$3.3...
As illustrated, this is what could happen during NY Trading session. Market could manipulate to find liquidity within the imbalance area below a previous low where there is a lot of liquidity resting. -- GOOD LUCK.
There's a video analysis on this structure. Make sure you watch it to fully get an idea of what 'im trying to visualize. Price could run the same distance as the first bullish impulse before the corrective structure. As illustrated, if price holds the psychological price level of $90.000 and eventually respects the pivot area, and eventually closing above...
As shown, price could breakout of the ascending structure that has been forming for the last 2 weeks. The longer the market consolidates, the stronger the breakout will be in any direction it decides to take. Based on the trend and projection, there could be a second bullish impulse toward ATHs near $120,000 by the end of December (or before). -- Enjoy the...