goncalo1971

goncalo1971

These are mathematically calculated cycle clusters based on hourly price and time data. Cycle clusters can signal potential shifts in price action, including: Changes in direction Momentum shifts (acceleration or deceleration) Breakouts Gaps Bold vertical lines indicate periods where more cycles are clustered. Dashed lines reflect clusters...

goncalo1971

#ETH exhibited the 1st weekly close above the lower part of the secular channel, labeled as "buyers territory". Long-term buyers still get a decent RR ratio. Beware of reaction to the descending line from the ATH. Once hurdled, another leg higher can be expected.

goncalo1971

#ZRX confirmed higher low following is natural angle + hurdled intermediate descending TL. Possible paths are mostly bullish from here. Risk: losing ascending support.

goncalo1971

What if the 2.2% to 2.9% that was once resistance becomes a new floor? Recent changes in the long-term charts hint at more #yield rises.

goncalo1971

The ATH could be achieved in Aug 2023 if we get a similar ROC to the 2020 rally from the lows in March. The risk is losing the 3.800 in the SP500.

goncalo1971

Bitcoin has the potential to reach 27k-30k by January, but a significant change in the price structure is expected by the end of January or the beginning of February. This could be another upward acceleration or a sharp reversal and continuation of the downward trend. April 2023 is still an important month to keep an eye on for Bitcoin and other markets.

goncalo1971

The 8H chart might present a buying opportunity if the index stays above the descending green support and the ascending interim yellow support. Upside targets for such a commitment are found at the uptrend line at 35.800 as we speak, followed by a potential to reach the ATH at 37.000. If that is accomplished, we still have two more targets to work with: the...

goncalo1971

Today's charts are closely related to the Dollar depreciation amid the global financial risks in 2016, specifically, the months of February and June as they established key levels to forecast the future of the #USD

goncalo1971

#BTC enjoying a bit less strength than #Ethereum, and weekly RSI(9) still to hurdle its resistance. Target: 35.500 by mid-Nov (+49%). Risks: 14-12k Look for ETC/BTC for confirmation.

goncalo1971

The invalidation happened, and we got an upside breakout instead of what seemed to be initially a bearish continuation pennant-shaped pattern. The intermediate trend for #ETH is now up, demarcated by the thick blue channel. Taking out the channel's support would spell trouble. Otherwise, 2722.00 could be achieved by year's end. Stops could be trailed alongside...

06:46

goncalo1971 Updated 

The breakdown is recent and a longer-term continuation should be confirmed by an acceleration below the aforementioned descending supports. Notice I work with channel lines only. Questions are welcome.

15:28

goncalo1971

#TSUKA is, as we speak, perched on an ascending historic channel support. It has key dates ahead for October that will most probably tell us more about the directional intentions of the Tsuka army. Stay tuned!

goncalo1971

We can conclude from the charts that..: - Capital inflows to the USD are very strong in terms of momentum, and we haven’t reached the first layer of targets yet, based on longer-term channel work. - This trend could last for several months at least, well entered into next year (Targets on monthly charts are pointing to July 2023). - Right now there is no sign of...

17:48

goncalo1971

Exploring setups on both sides with a reasonable RR. Thanks for watching!

goncalo1971

#Gold pierced and settled above former support (now resistance) in a V-shaped reversal. Settling above 1780.00 opens the scope for the 1915.00 tripple-intersection in December 2022.

goncalo1971

Oil is losing ground at previous key level 91.00. Next levels supposed to underpin the price of #oil: 81.00 and 71.00. Not an optimal risk/reward setup.

goncalo1971

...that buyers keep accumulating #TESLA at better prices along the LOWER channel's border - this support line has its roots (and meaning) in a flurry of hectic buying seen in Dec 21. ...that with each attempt to hurdle the channel's UPPER border, buyers express their interest to conquer all the chart areas that are encompassed by dynamic lines that originate from...

goncalo1971

Typical V-shaped recoveries in the #Nasdaq with their retracement and recovery magnitudes (aprox).