Silver is back at precovid prices. I think after the huge correction we had, most of the things are priced in or close too. Recession , lower industrial demand, flight for safety in the usd, but with this move almost ending (dxy topping at 112 or 120) and fed ready to declare official recession, where will silver bottem. Before i discuss some points of...
Macro looks like oil wil go down. More suply from iran and Venezuela, hollidays over, no heating needed yet. Maybe its almost fully prised in already. On the TA side, it looks like oil is forming a trend reversal. - Rsi is getting oversold - almost at yearly trendline - hitting pre war prices - hidden bullish divergence on 4h and daily. Shortterm (end of...
2008 sp did 50% correction Covid sp did 33% correction Now sp did only a 20% correction, while there is war, covid, double digit inflitation all over the world, recession, suply issues, ... so this patetic 20% bear move is just classic people still having hopium its temporary, while its worse than last 2 crisis combined. Its the same with crypto assets, where...
Take any whickoff chart and overlat it on silver. Its textbook pattern. Patterns are identical. Silvet should now consolidate at the bottem of the range and eventually brake it do the downside with another abc move. So: Q2 : 18,5€ Q4 : 16,5€ first resistance Q1 : 15,0€ bottem. Thid means a good 20% drop from where we are. If dxy goes up to 120, eur/usd to 0,8 ,...
Possible trade on Dar. We broke above trend line after 5wave down. Seems like we are in a abc correction wave. Rsi is looking good on the 1h/4h Price is squeezed in the triangle. I think a brakeout to the upside is path of least resistance. Entry 0,430 , tp 0,645 50% swingtrade. SL : daily close under 0,4
Hi all, Back again with my favorit crypto to TA. Like expected the last BIG 5th eliot wave down E got us to the TP3 of 1,5$. I was bussy and missed the buy opportunity. Gratz on the x2 for those wo took it. Wave E is clearly finished. We see the 5 innerwave 12345 down to 1,5$ and big volume increase, witch often signals the bottem. Stupid i missed this easy...
Check my idea from februari and comments. I was expecting 28k btc and 2,5$ kda after fomc We made it to tp3. The wife changing money zone. I expect sp500 to bottem at 3900$ , maybe wick to 3800 tomorrow, wich should put btc at 28k and kda at 2,5$. If you believe in kda longterm, its time to start dca in. 2$ average price should give a nice entry for the next...
6 red weeks in a row. Most ever happened since 2011 was 5 weeks. Just thought someone had to post it 🙄 Might be a jeopardy question one day 🤓👌
The more i look at the chart , the more i see everything pointing to one target. Usually when price hits a support, it tends to rebound to retest it later. When it hits trendlines, it tends tondo the same. When several lines come together you can be sure most traders will see at least one or several of these lines. This creates often a support where trend can...
My lands in the sand : (overlaying january fall it overlaps my resistance levels pritty well) - ABC drop 32k, small bounce to 36k to end at 28k (wick to 25k possible to hit long term bearish trend line From there we will probably see bulish reaction, to retest the suport line we are now on, as a resistance. I still expect a further downtrend to 22k (200mma,...
Been some weeks, but we finally hit TP2 ar 3,5$. Price bounced off exactly at the support. Chart is now several months old, but still valid. Now at the same time, btc and eth hit support trendline, sp500 hit support, everything is on the edge of collaps now. Its decision time. FOMC will either push it over the edge. I expect, buy news, sell fact type of moment....
This time hopefully ill link the right idea. Nothing has changed, all targets still live, % odds, everything. Back than peoplr hated bear news, saying it was impossible... yet here we are. Breaking to the downside, retesting as resistance and down. Ps,: check the convergence of trendlines at 3,50$ Thats lot of support. Might be a good place for a trade or...
Check my older ideas on kda. 5 eliot wave dump to 2$ is still alive. I loved this project, but i can't deny its not looking good. As soon as it got listed people dumped. Volume is dropping alot, i see miners being sold more and more, not much moving in the space, even with kdex etc coming it feels like its not catching any wind at all. Noting on social media,...
Render has hit many bullish points. - hit support trend line - tripple bottem at round number 2$ - hidden bulish divergens on 1D - rsi daily oversold at 30 - overal sp500 and btc hit good support. - good cpi news - hawkish fed priced in If sp can hold 4400 level, btc will hold 40k level and we should see a easy 1x to 2x in 10 days. Tp1 : 3$ top of...
With the recent btc pump thanks to Russia being banned from swift and Ukraine asking for crypto donation this was very bullish for crypto in general. Btc hit the 44k ceiling, and kda hit 8$. Might continu to 10$. I didnt trade this move. With this move, kda is currently breaking the weekly structure to the upside , possably invalidating the 5 impuls wave down,...
Got some request for a update. Everything was allreadu in the last idea, but with the btc dump yesterday, we started the 3th small wave of the 5th biggerwave. We are at suport trendline (wave 2). I expect it to brake to the downside in (wave 3), and bounce from the 4$ - 5$ suport trend line for (wave 4), and finish on the bottem. Im hoping for the rsi to make...
Everything in graph. Inner eliot wave count of the last big 5th wave from the 28$ top to the bottem bear impuls wave. Wave 1 hit suport at 6,5$ Wave 3 will hit suport around 5$ (to finish the dsily rsi h&s) Wave 5 : price bottem, final capitulation, rsi bottem, dca between 4$-2$ golden pocket.