At daily chart BTC forms a bull pennant. Keep in mind this pattern can easily transform into bull flag (means longer consolidation) and doesn't really have to breakout upwards (although it is a bullish pattern). Another factor - micro CME gap down to 11715. Don't get me wrong, everything is bullish around this chart. But I just keep an eye on SP500 which has...
SP500 almost reached all time high level - was stopped at resistance left before the big COVID dump. As we can see it didn't make it through. Volume made on these attempts is similar to what it had in the beginning of dump, so I'd say it is complicated situation now. No clear trade plan. Either long at breakout around 3380 or short break down below 3355.
✈️ Delta Air Lines ✈️ Another promising stock. Also starting to grow. Will be lucky to catch the pullback. Potential ~60% 🛒 Buy zone 27.3 / 26.2 🎯 Targets 32.6 / 35.5 / 44
✈️ SPIRIT AIRLINES ✈️ Bought some at 17.3$ yesterday. Already 1$ plus. Nearest target is at 25$, but if you would like to hodl, than ~32$ is your target. From current price approximately 80% profit and up to 100% from buy zone. 🛒 Buy zone 16 / 16.5 / 17.2
Still expect re-test of 11500 / 11340 support. That wick to 11613 doesn't count. See two bearish factors - over bullish Twitter and bearish divergence at fear&greed chart. Hate to be bearish when everyone is so bullish 🙈 So I put a big timeframe chart to show how bullish Bitcoin really is in long term. And just forget about dump to ~9600 that may happen any...
OGN been accumulating after the dump and yesterday formed higher low, which makes it attractive again. In addition volume tells that whales also got in, so this coin should show at least a re-test of 3180 / 3400 resistance zone.
Buying some COS for breakout. Targets 76 - 83 - 89
Check this 3 days chart and ask yourself if it is bullish enough for you to buy. For me answer is certainly YES. Will be accumulating between 580 and 630 and holding till 1000 / 1300. That profit worth several weeks of wait.
Bitcoin fly to the sky 🚀 10300 is a new higher high at Futures 💪 Spot pumped less and stopped at 10100-10155 zone. The only concern is that CME futures closed at 9645 and so BTC is fated to come back to that price next week. Based on this knowledge we may assume that it will either dump hard, which will start same retracement cascade as on June 2nd, or drop there...
GBP at major resistance zone 1.2757 - 1.2819 which was last year open. Buying breakout once happens. If pullback long at 1.26 🎯 Target 1.290 / 1.295 / 1.3
EU sanctions to Turkey aren't good for the currency. If it drop below 0.14527 support, which isn't that strong, it will fall to 0.14450 and lower. 🎯 0.14450 / 0.14400 / 0.1435 / 0.1427
EUR/USD bounced from 1.117, but failed to grow above previous LH level at 1.13534. Now we have several potential bounce zones within this choppy market picture. First one is where price is now. Second lower at 1.12555 and so on. Support 1.129 / 1.125 / 1.121 / 1.117 Resistance 1.132 / 1.135 / 1.137
📉 Daily Bitcoin chart review 📈 BTC volume drop to minimum. Price is below all moving averages, forming bear flag. Nothing in this chart is bullish except volume distribution, which hints dips were bought but not yet sold. I've also added trendlines to show where main zones of shorts and long orders hide - obviously above and below them. What's next? Anything...
EUR/USD returning back to 1.12127 support zone. Drop below will lead to dump towards 1.114-1.111. Support 1.1237 / 1.1212 / 1.1170 / 1.1133 Resistance 1.1283 / 1.1336 / 1.1373 / 1.1412
GBP approaching support at 1.234. This will be a perfect zone for long. Build position at several zones - second at ~1.2296. Don't be a pussy - don't use stop loss here. Targets are resistance zones above: 1.241 / 1.247
Long time haven't I posted GOLD chart. Meanwhile its moving sideway within strict parallel channel between ~1676 and 1747. Nearest support at ~1700, but should drop to the bottom of that channel as well. Resistance 1730 - 1738 - 1747 - 1765 Support 1715 - 1705 - 1697 - 1676
NZD show first signs of reversing from bear trend on grand scale. I expect it to come back to SR zone it broke out in the end of May. Strongest support at 66.3. Possible bounce a little lower or higher. Note that shorting in the same direction is not safe. Support 67.6 / 66.9 / 66.3 / 65.65 Resistance 69.2 / 70 / 71.3 / 73.1
ETH met resistance at 254 and dumped together with BTC. Still within an uptrend, but possible retracement to ~215 support. That would be first entry for long. Next at ~205 and if drop lower, deepest support at ~175. I'm bullish for BTC/ETH this year, so question is from how deep it will be possible to enter new bullish race.