malbooth

malbooth

Are we seeing a potential reverse head and shoulders pattern on the 4 hr chart , if it can hold and break up past 83k potential is for a 90k return, if it fails here and pushed past 79k it may the next leg down towards 70k .crucial area here

malbooth

I don't like to say it but I'm seeing many reasons why bitcoin could be ready for a huge dump down to around 48k, on a down trending fibonacci I've set it all looks feasible after bouncing back up to the first resistance of 61% level then down and retested78% level and failed now looks to have broken structure on a huge head and shoulders profile 😳, now has just...

malbooth

Bitcoin looks set for the next leg up to 68, area , perfectly rebounds off the 78% daily fib zone , 3 huge rebounds off my 78% zone , get set for big rise up

malbooth

With the big surge up to 64k im expecting a small pullback to around 60k areas before I buy back in for next surge , people will be profit taking the surge , so a quick sell then a rebuy in at 62k areas when signal given

malbooth

on my 3hr chart now I'm seeing a mini downtrend of loser highs and lower lows, so that said I can see a pull upwards from the 58200 mark to around 58939 and 59600 areas on my fibonacci downtrend 3hr chart , then IF we get the correct signals at thesee levels I can see a pullback down to 56300 areas

malbooth

With the news out of the way and some good reports in the USA im looking at a drop down to 57k areas of fibonacci and then a significant jump back up . Strong US retail sales data and robust results from Walmart boosted markets and increased confidence that the US economy will avoid a recession and achieve a “soft landing”. Retail sales leapt 1 per cent in...

malbooth

With todays large amount of negative financial news coming from USA I expect a fair drop in price, down to around 57685 and even possible right back to 56310 fib zones .There is a possible area to buy back in when signals appear and things settle down

malbooth

Bitcoin looks set for bigger drop as 56k area is a struggle , if it fails to pull past this area we go to 45800 next level, this MAY be the bottom , if not 43800 will be , look for buy signals developing at these levels.

malbooth

Bitcoin has been playing with the idea since March with around 5 or 6 attempts to break 70k areas , and look to be ready for another small drop back to 60k areas which may be another good buy entry when correct signal applies , at the moment is around 64k area , probably a small correction too 65k area then a pullback down and if a break of 63k is found then off...

malbooth

Eurnok showing signs of a 6hr pull back on chart, over bought for now.

malbooth

I have the yen ready for some pull backs , over sold in many areas so due for some nice pullback over the next few days or so, usdjpy ,chf/jpy cadjpy, gbpjpy going short on all these. Also have nzdchf short, usdcnh short, nzdusd buy, eursek sell , audchf buy, euraud sell, cadjpy sell, all these watch now and focusing on trades and pull backs.

malbooth

I have already given reasons for LTC to rise higher now with the halving and bitcoin will push up also now I'm going to trade both LTCUSD AND LTCEUR all the way up. Let's go

malbooth

This Litecoin (LTC) Signal Has Not Been Seen Since March 2020 – What Does It Mean? Aug 23, 202310:30 GMT+1 The Litecoin (LTC) price has decreased since reaching a new yearly high in July. The decrease validated the $100 horizontal area as resistance. Litecoin is now trading close to an ascending support line that has been in place since July 2022. Whether it...

malbooth

I been keeping my beady eyes on this one for a few weeks now and I'm ready to commit a short on this existing negative e daily candle, I can see a string of down days next week on a fairly useful and well deserved pull back .Also on the back of 4 negative high priority news reports on the pound on Friday could help the pull back excelerate.

malbooth

I have selected eurnok short to 11.515 to 11.260 areas but I also predict gbpnok to sharply drop especially after the 7am today forecasts on retail which are expected to be down.

malbooth

Market Talk Roundup: Norges Bank Raises Rates, Another Rise in September Is Likely Aug 17, 202311:59 GMT+1 Norges Bank raised its policy rate by 25 basis points to 4% on Thursday, as expected, and flagged the likelihood of another rise next month given inflation remains high. It refrained from further guidance, however, leaving the possibility that September could...

malbooth

Gap looks very over bought and looks set for a good pull back 182 at moment i expect a drop to the 180 zone over a 3 or 4 day period .

malbooth

A drop back to 29300 mark for today's trade, looks over bought and heading back to support level today