ZeroSumGame

ZeroSumGame

UNH has a technical MACD bullish signal with the price above 10 weekly MA

ZeroSumGame

Overhead supply and price discovery 26591 Next major resist 23377 Expect consolidation and resolution to the downside Major support 20859 can't give

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Huge drop yesterday if I remember ~20% in one day. That is a lot of technical damage and overhead supply. Sell rips.

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5/20/22 Support to be considered key level. Watch for resistance and short below. Still below 5 SMA. Upside target week low 3896.50

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First day of the week action is below 1 week low and close with a declining 5 SMA. Sell rips. Almost 10% since the breakdown on 6/9. Fed meetings this week with the markets pricing in 0.75% rate hike. Bitcoin is at 22K and Eth at 1.1K. Things are getting liquidated. Wait for Margin Calls and capitulation. Play defense. Need to digest the recently 10% down rip.

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2021 opened at 375.31 which is the next line of defense for bulls. Losing 375.31 means giving back all the gains. Next stop would be testing 2021 lows or 200 wk EMA

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Dollar is up close to 10% YTD and in an uptrend above 5 SMA with a confirm breakout. Dollar stronger against a basket of currencies means what?

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ETH broke down on 6/10 below the 5 SMA. Key support level 1736 is now resistance. Sell rips.

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Monster rally forming the handle. Break out and sustained will be price discovery mode.

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Bear trap and rally to top of range. Need to see follow-through. If GLD above range, stay long to 177

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30% drop to 1K from here. After breaking 1655.50, ETH is now in price discovery mode. Expect volatility followed by consolidation.

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Broke $1700 support and at 200 wk ema. 50% retracement from here is ~825. $700 will test 2021 lows. Expecting bear market rally. Sell rips

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Wait for consolidation before betting. Short as long as below red area.

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Bitcoin below all key daily moving averages. At risk of losing key level 28850

ZeroSumGame

-Below 50 RSI - Below 10 SMA - Negative MACD Trade what you see, not what you think!