f-73

f-73 Updated 

Spot Gold on W: TD count 9, top of bollinger band, though RSI not oversold yet and MACD still rising. It may have a few weeks to go, but from here onwards i would carefully watch for topping patterns formations. Watch DXY as well.

f-73 Updated 

At monthly suppory, nearing oversold on RSI/W. Hight TD count, sparse falling wedge. Watch out for a possible bounce/bear trap into the 100-98$ area and a bounce up to 102-103 area of resistance. If so, to be re-evaluated later.

f-73 Updated 

Ethereum down the middle of to supply zone, after an almost complete ABC correction. Overextended TD count and descending broadening wedge . Provided key support at about 1100$ holds (daily close matters), a bounce towards #TP1 at 1430-1510$ would likely follow. Highly risky and speculative trade, for traders only. Watch support, tune your entry, have a stop. DYOR

f-73 Updated 

Nasdaq (IXIC) is currently painting a red TD count 12 con monthly timeframe. It happened only once, back in july 1984 and marked a reversal. That's almost 40 years ago. Moreover it's still close to FIB 0.618 of a 2 decade long uptrend dating back to 2002. We have a falling wedge, a bullish divergence on RSI (Dec '18, March '20). A bounce from this general area...

f-73 Updated 

ADA looks pretty weak, but looking at the broader scenario hints a reversal may be not that far (in term of weeks). Accumulating (DCA) on ongoing and/or further weakness here makes for a good R:R case due to high market cap, in my opinion. Any further dipping down may well hint a bear trap in the making, given CMF and MACD. First target above the 0,7$ mark. To...

f-73 Updated 

Back in June in proposed a long trade on DOT weakness, whose first targets were roughly 17$ and 25$, to be evaluated within 3-6 months. DOT proved to move much slower than i originally expected, both ways, mainly due to markets uncertainty. Yet scenario is basically unchanged to me, the log chart above is still self-explanatory. I do think such targets will be...

f-73 Updated 

Litecoin missed a good opportunity a while ago, as most alts did. That's due to Bitcoin weakness. Due to MimbleWimble being a long term positive catalyst and since i see increasing chances of an altcoin relief rally i'm going to start my accumulation down right from here. Looking forward triple digit before re-evaluating. Long term trade, to be re-evaluated in 6M - 1Y.

f-73 Updated 

BNBBTC is still relatively close to its ATH, despite opverall alts weakness (except for ETH). Given the peculiar recent tall doji candle, despite low volume, it's worth watching. If it holds it may paint an ascending triangle or Cup & handle towards a new ATH.

f-73 Updated 

While was originally looking for some long term buy opportunity at 90$ and below, given the overall picture i started DCAing right from here close to the 95$ mark. Reasons: 1) Pretty extended and unprecedented RED TD count on M 2) CMF sub-zero, unprecedented as well 3) Close to 0.5 FIB 4) ongoing bullish divergence on RSI 5) Price close to lower BB Will...

f-73 Updated 

RUNE broke out and seems good to go on HTF, watch it. TP #1 3$ TP #2 3,9$

f-73 Updated 

DXY within an ascending channel. Pretty stretched already, with a TD count 12. Ongoing bearish divergence on RSI (unless canceled by a further push). A slowdown in MACD would likely trigger a cooldown from here. Meaning some sideways action and/or a pullback, towards the 101 mark eventually. Watch out for formation of some local high in July (or August). That...

f-73 Updated 

Pretty high TD count (8 - may still have margin) and a falling wedge running on long term trendline. Moreover, close to historical strong support, just below the 40$ mark. Given that, bias is towards bottoming and bounce towards 43-44 area at first. Not excluding a further pullback to previous ascending channel. That's tricky though, as further Ethereum merge...

f-73 Updated 

Falling wedge, with FIB 0.236 as long term support. Price may challenge MA20/W and find a route to break out the wedge. Interesting setup, watch it alog next few weeks. In case of a successful breakout would look at the 36-40$ area, first place.

f-73 Updated 

This is a follow-up to previous W analysis, dating back to June 18th (last low day). I posted plenty of updates there and there's not much i feel to add, except that we almost reached the FIRST decision point. As i wrote previously, in my opinion Bitcoin has two possible routes up: either from above or from below the June low (general area). In order to fulfil...

f-73 Updated 

Provided key support close to the 3800 (trendline, FIB) area holds , SPX may bounce once more nont far off the 4000 mark within few days. We have bullish divergences on RSI on LTF, but still lack confirmations from MACD and RSI on D, so watch it. Mind the descending broadening wedge (dashed black lines) encompassing this scenario.

f-73 Updated 

Capitulation ongoing: announced by Hash Ribbons and MA20/W - MA100/W "death cross" few days ago and now confirmed. Bottom fishing is pointless. Taking advantage of panic is key. While keeping risk under control is paramount here due to uncertainty (3AC, Census, BlockFi, ...) rules, good R:R insist here. Playing my cards, will evaluate the outcome within few...

f-73 Updated 

Ether ABC correction seems pretty done. We have decent volume on the June 13th weekly candle. Having no clear sign of inversion so far, cannot rule out a further drop closer to 800$ area. Yet scenario is already favourable for a Long trade, in my opinion. * TP #1 1700/1800$ area * TP #2 2500$ area (depends on BTC outcome, to be re-evaluated) Estimated 3-6...

f-73 Updated 

*IF* general 3900 FIB support area holds a bounce to the area right above 4000 would likely follow within *few days*. Losing such FIB area would imply chances of visiting support close to 3800 mark, hence a stop is mandatory. 4H suggests a bounce may be *attempted* today, eventually. If so handle it with some grain of salt and look at volume, as RSI is not yet...