Analysis: Gold has been pushed back strongly from the the 200DMA. The bullish momentum was pretty strong during the US session on Friday but the act has failed badly. I also marked a specific market structure on the chart, just as an explanation why I am expecting another sharp drop. We know that the 1720$ zone is a pretty strong support zone on the market, but I...
Analysis: Right now ETH looks pretty good for those who are looking for an ATH. I don't see that to be come true, but I see a nice bearish channel forming on the daily and weekly charts. I see the current prices as a top for the latest bullish momentum. I opened a short position right here with a risk of 2.9%. I also marked two of my potential target levels that I...
If you take a look on the daily/4h chart of gold you will observe that every dip started with a consolidation than a breakout to the upside, Each of these rejections has a strong negative effect on prices. If history repeats itself, that could be a good sign for choosing the right trade. Lets see what happens.
Analysis: We have a really nice dead cat bounce on the market, most of the traders (newbies) are still trading after historical calendar price action, so the hope for the 100k by the end of this year is pretty strong. So that's a great opportunity to use this sentiment and go short on the market. Fundamentals are bad in the macro environment, so technical analysis...
2nd opportunity - Since we made a very nice scalp, the trend continues, we have another touch of the trading channel. Lets continue drilling.
Another opportunity to open short position around the 1780-1786$ zone since its the top of the daily bearish channel, and it will be the restest of the previous low. Good luck!
Analysis: Gold is still ranging around the 50 DEMA. I am still bearish on gold and I will be bearish until we finally reach the 1500-1600$ zone. Once we managed to hit the bottom of the bearish trendline support zone, I will add long positions, as I expect a strong V shape recovery from there. Right now I am adding some low size short positions from the current...
Analysis: Dear ADA maxis, I know you are still expecting that the price of ADA will reach the 10$ or even 100$ level (maybe you are crazy enough that you expect a 1000$ price/coin), but I have some bad news for you. As ADA is one of the greatest shitcoin on the market, it is fairly overpriced from the crypto experts that are join the market in the last couple of...
Analysis: I you followed my activity you probably know that I made 3 attempts to short the market, all of them failed so far. Total loss of account is nearly 28% so far. But we had a 280% profit shorting the market from 51k to 30k a few months earlier. Right now I am placing our ultimate short position at the current price level. So far the losses can not be...
This is how we trade - its not a cheating, but its a huge discovery and we can use it to guide our members. Hope you will like it as well!
Analysis: Copper had a strong momentum to the upside since the beginning of the year of 2020. So far we had a strong rising market without any decent retracement. I expect a strong retracement from here, we should go back to the normal levels (around 3$) to continue the rise on a healthy way. The demand for copper is still huge from the automotive industry (copper...
Analysis: If we look at the chart of BNB we can see a nice try to do another huge bullish momentum. The market peaked near the 500$ level I think that that was the last strive to bring some new money to the market. As BTC peaked as well around the 50k level, I became NET BEARISH on the crypto market from now. Most of the alcoins are still over 10.000% ROI so we...
Analysis: ETH looks overvalued just like the other altcoins on the market. BTC peaked as well together with most of the exchanges. I am not planning to buy ETH below 400$. We will come back to this chart after few years. Our community is growing due to our professional guidance, so take this chart as your best friend in the upcoming future.
Analysis: My early short position has failed (total loss -9.6%). I was too early and too optimistic about a new corrective move. I am still looking to short the market. Right now the market is stretched to the upside by a lot, this is not normal, markets don't go up like this way. If we compare this years bull market with the previous ones (2011- 2014, 2015-2018)...
Analysis: By looking at the daily chart of gold, we can see a huge swing channel to be formed. Since I entered with a SHORT position few days ago I am pretty confident about my expectation. We had a huge drop down, followed by a strong reversal. We have a lot of selling pressure from the bears, so I am still looking to see the 1500$ level in the near future. That...
Analysis: By looking at the chart of THETA we can clearly see an amazing downtrend forming on the market. We are at the top of a swing cycle where the GREATEST risk reward ratio is for those who are looking to short the market. Right now we are in a peak where I would like to see a dramatic crash way back to the normal 1$ level. Once we managed to hit that price...
A beautiful touch of the bearish trend resistance top. I do not expect any further rise on this market. We have a long way down from here.
Analysis: Copper is in a strong uptrend, but we had 2 cases when the price rose stronger than expected. I market the 2 expansions with the green zones. I do not say that the bullrun is over, but I wont recommend to trade with large positions since the current market structure is neutral. The current potential risk reward ratios on short and long positions are...