
Bitcoin / BTCUSD is only at the very start of an insane rally, coming off hot from the U.S. elections. The Bear Cycle into the Bull Cycle was a Cup and Handle pattern, which has now transitioned fully into a Channel Up that is being supported by the 1week MA50. As long as it holds, the Channel Up should remain intact and as in December 2022, we are now at the...
WTI Crude Oil / USOIL is pulling back on the 4hour chart, approaching the Support A level. This level is where the last two rallies started on Oil. The 4hour RSI being oversold as now, has coincided with 3 out of 5 major rallies since September 10th, so it is always a desirable level to buy. Go long and target 78.00 near Resistance A. Follow us, like the...
EURUSD is under heavy selling pressure since the elections result. Still, today's 1day candle is the 3rd in a row that doesn't cross Support A. As you can see the pair displays an uncanny symmetry, having respected all symmetrical Resistance and Support levels since the Double Top of September 25th. This is a buy signal that is aiming at 1.09000 (June 4th...
Gold / XAUUSD hit today the 1day MA50 for the first time since August 5th 2024. This isn't just a 3 month test of the rising supporting trend line but also a test of the bottom of the 5 month Channel Up. The 1day RSI hit and is rebounding on its own 5 month Buy Zone. This is a textbook buy signal on very low risk (Channel Up bottom limit). Buy and target 2840...
This is of course a highly speculative but fun chart between Bitcoin / BTCUSD and Nikkei. As you can see Bitcoin has been following Nikkei's post 1950 parabolic curve up to the point that it tested the 1month MA50 and rebounded aggressively to cross above the curve. That was Nikkei's 80s Mania Phase that inflated the economic Bubble that burst emphatically and...
USDCAD is about to hit the 2 year Resistance of the October 13th 2022 High. The price is on its highest level since and with the 1D MACD having formed a Bearish Cross, we are on the ideal sell entry. Sell and target the 0.618 Fibonacci level at 1.34250. Previous chart: Follow us, like the idea and leave a comment below!!
The crypto total market cap excluding the top 10 dominance just entered the bottom zone of the 7 year Channel Up. After a symmetric -60% correction during the 2022 bear cycle, similar to 2018, this is now the time for the last 1 year rally. This will be the Altseason of 2025, stronger than the one in 2024. We expect the price to reach as high as the 1.5...
Bitcoin / BTCUSD made a bullish breakout over the Falling Resistance on the 1hour time frame. The break out's pull back tested the 1hour MA50 and is rebounding. This is a bullish signal that is technically targeting the 2.0 Fibonacci extension at 72000. Follow us, like the idea and leave a comment below!!
On this chart you can see the Volatility Index against the S&P500 and the Copper/Gold ratio. We bring this chart to you in order to show you why we think the long term trend on the stock market will be bullish for 2025. As you can see, VIX had an odd spike in August, when the stock market corrected to some degree. Since the 2008 crisis, we have had similar...
GBPJPY is trading inside a 1hour Channel Up. The price is currently between the 1hour MA50 and MA200, consolidating after the most recent Higher Low on October 31st. This is a technical buy opportunity directed towards the top of the Channel Up. The last two bottom rallies rose by +3.15%. Buy and target 201.000 (+3.15%). Follow us, like the idea and leave a...
GBPUSD is trading inside a Bearish Megaphone for the past 30 trading days. The price may now be supported by the 1hour MA50 but has formed the bearish formation it had on all prior tops under the Falling Resistance. The 1hour RSI has formed a similar topping pattern. As a result, this is a standard sell signal for the Bearish Megaphone. All declines reached...
Nasdaq / US100 is trading inside a monthly Channel Up. Despite getting rejected today on the 1hour MA50, the Higher Low at the bottom of the Channel Up has been priced in. This is a good buy opportunity. Target 20350 (the 0.618 Fibonacci level). Previous chart: Follow us, like the idea and leave a comment below!!
Meta Platforms / META is pulling back again to test the 1day MA50, which has been holding since September 11th. The pattern is quite similar to the January 2nd 2024 pull back, a bullish break out that also took place after a prolonged consolidation pattern. The 1week RSI patterns between the two are also fairly similar. As long as the 1day MA50 holds, we expect...
Coinbase / COIN reported today earnings that missed their estimates (EPS at 0.28 against 0.45 and Revenue at 1.2B against 1.25B) and dropped more than -5% in after hours trading. This is the second seccessive earnings miss for the company. Despite yet another misfire, we believe the exchange can recovery from it, purely from a technical standpoint. Since the...
Dow Jones / US30 is trading inside a Channel Up since late August. The price is about to enter the buy zone of the pattern. The previous bearish leg made a -3.81% correction before it bottomed and initiated the bullish leg to the 1.618 Fibonacci extension. We expect a strong rebound from the current prices, so buy and target 44100 (just under the 1.618 Fib). ...
Gold / XAUUSD is trading inside a Channel Up for almost 5 months. Today the price hit the pattern's top while the 4hour RSI is on Lower highs instead. That's a standard bearish divergence, the formation that emerged on all three previous Higher Highs of the pattern. This is a short term sell opportunity. Sell and target 2725 (Fibonacci 0.382). Follow us,...
WTI Crude Oil / USOIL almost hit the Support A level and rebounded today. This is the exact range where the price made a bullish reversal on October 1st and rose to a new Higher High. Buy and target 78.00 (just under Resistance A). Follow us, like the idea and leave a comment below!!
EURUSD has been struggling to break above the 1day MA50 but that shouldn't take long to do so, as the 4hour RSI is on a Channel Up (Bullish Divergence) since 10 days already. Once the 1day MA50 breaks, we expect a 1day MA200 test, followed by a pull back before the final rise. Our target is the 0.618 Fibonacci level at 1.10400. Previous chart: Follow us,...