steevyp2820

steevyp2820

Bitcoin has literally been rallying since its March lows where it was trading at under $4000 per coin. Price has made a bullish recovery rallying up over 600% to date with no real correction. Will we see a decent pullback in the near future, or will price keep pushing higher into new territories ? Even if we hit 13k we will still be in a bullish market, a 55%...

steevyp2820

While Bitcoin has been the star of the Crypto Markets the last couple months, Ethereum has been slowly consolidating upwards in a rising channel, Although Ethereum has been performing really well this year through Mid year till now. But now looking at ethereum to me it looks like it wants to go, Once we clear that first order block all eyes will be on...

steevyp2820

Hey followers. So I just thought I would do my analysis on the Bitcoin price before we either break to the upside or fall from this level. Also I have looked at the hourly chart and noticed from the 6th November there have been a lot more heavy sellers then there were buyers. (Look at the volume candles on the 1hr, The red candles are larger) What's your current...

steevyp2820 Updated 

Looking at my weekly analysis on Bitcoin, The downtrend has been strong since the last bull run in 2017 early 2018 we are at touch 3 now at the overall trend line which has acted as resistance, But I don't see a strong rejection here comparing last run ups to the trend line (B) and (D) Is this the start of the next bull run ? Will bitcoin be a safe haven along...

steevyp2820

Not having a bias on silver at the moment but, Considering the price rise of 162% in 140 Days from the lows in March was quite a large move for Silver, When looking at past prices it took 819 days to reach the $30 mark. But overall I think a pullback to the 61.8 fib level of $18 would be a healthy correction before we start moving up. That gives us time to buy...

steevyp2820

Were hearing bullish news for bitcoin left right and centre, all youtube moon boys calling $100K BITCOIN But imo why would institutional investors pay high prices for bitcoin when they know they can easily manipulate the market. Thinking overall we have had a 266% price increase since the corona dump in March with no real correction, And i'm pretty certain large...

steevyp2820

Just testing a potential harmonic pattern on Silver that may play out. This one is called A bullish Garley Pattern, where price forms an M you get your High followed by a lower High before a pullback and then price shoots up again. So if this trade were to play out following the Bullish M pattern we should see a price pullback to the 50 Fib level before the next...

steevyp2820

G'day Followers, How amazing has the price action been lately on bitcoin and the Altcoins, It certainly has been amazing to trade these markets lately although so much volatility has come through which could be very dangerous trading for non experienced traders, also if your not applying the correct risk and also using stop losses. Anyway lets get to the chart,...

steevyp2820

I feel there is so much pressure building up on bitcoin over the last week, We haven't seen much price action happening or any clear trend price has been ranging in this channel squeezing further into this rising wedge. With a 170% price increase since we bottomed out in March we have not yet seen a proper correction, Will the bearish divergence play out and...

steevyp2820

I have been glad to get in on this penny stock, Just after its all time low of 34c back in March, Even tho Sezzle is still in its infancy stages coming into the scene in August 2019, I think this new company definitely has a lot of potential to grow in the (BNPL) category. The BNPL sector will be blowing up in the years to come, If the financial markets and...

steevyp2820

It looks like a potential H&S could be playing out on gold atm, Although I personally wont be taking a short trade on it with all going on in the world, bullion is a great store of value against fiat currency and stock markets. More people will be looking for safe havens to store their wealth until the world returns to normal and markets start making a recovery...

steevyp2820 Updated 

After a big sell off that we have seen with LTC/BTC pair since the start of February, price has been consolidating for the last week failing to make lower lows, Even tho we haven's seen a clear change yet in market structure im waiting on the sidelines to see who's going to make the next move. If we start making moves to the upside I will be looking to take...

steevyp2820

Double top on the Dow, has failed thus far to reach the 61.8 retracement level in hopes of the market making a recovery, According to the wall street cheat sheet id say we are between the "Complacency and the Anxiety" stage, Its just a dead cat bounce IMO, Although some restrictions are slowly easing in some country's, the world is in turmoil, the recession as we...

steevyp2820

After the historical sell off that we have recently seen in oil last month it is normal to see a quick price recovery back to normal levels. It has been in a downtrend since the start of the year, and now some country's and states are slowly easing lockdown restrictions which will start to see a demand for crude again, Although all storage spaces are full Opec are...

steevyp2820

Are the bulls in control or the bears ? Looking at my chart you can see it has already broken out of the downward trend we have been in since 2017, The bulls weren't strong enough on the 7th of May to keep the price up we immediately come down and tested the 200 day moving average before coming back up again, Having another crack at the 10k resistance before...