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XAU/USD – Weekly Very disappointing that we were not able to push through the $1835 resistance. We need to be more patient, I guess. The wide range is $1670 - $1835. And currently we are right in the middle of it. Sit tight on your hands is the best advice I can give you right now. XAU/USD - Daily No change on the zic-zac price action. Unfortunately, there is no...

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It is time for another TA-Tuesday with additional bleeding on the altcoin front... I feel the bleed in my own portfolio. Bitcoin is performing nicely, but I am not getting anywhere with my altcoins. Thankfully most of my coins are either staking somewhere or in liquidity pools producing some yield. It has been a while since I looked at the ALT, MID, and SHIT...

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XAU/USD – Weekly Very disappointing that we were not able to push through the $1835 resistance. We need to be more patient, I guess. The wide range is $1670 - $1835. And currently we are right in the middle of it. Sit tight on your hands is the best advice I can give you right now. XAU/USD - Daily No change on the zic-zac price action. Unfortunately, there is no...

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Good Morning! After further regulatory tightening in China, and the subsequent move of users and capital to other venues, I thought it would make sense to create a chart depiction. I have included larger exchanges that have an exchange token and also decentralised exchanges. On the right-hand side of the chart, you can see the percentage change since Setpember...

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Good Morning! China's property developer crisis started by Evergrande has spilled over into crypto at lighting speed. There has been a typical "risk-off" move across equity/commodity and crypto. Correlation was very high during the selling waves. If you look at the three indices from FTX: the ALT, MID, and SHIT indices all showed the same pattern on the way...

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Good Morning! I tried applying Elliot Wave again, but failed miserably. SOL$ moved higher and reached $180. I will leave this be for now and stick to BTC$ and ETH$... BTC$ (4h) The price pushed outside of the $44-50k range, and is currently keeping its head nicely above the base line and the cloud. It is a tough one to chart, but from what I see (in terms of...

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Good Morning! Since bitcoin and ether are currently not playing, I have picked a token for today that is on fire: SOL (Solana). Are we in a 5-wave sequence? Yes, possibly. But it is hard to say where that Wave 5 might top out. If we assume that we are close to the top, then drawing Fibonacci levels can help in finding the area where the ABC-correction might...

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Whenever the market is trading in a range, I like to zoom out on the chart to find some inspiration. My first observation: the market has managed to battle its way back after the crackdown in China in May. We are currently roughly 20% away from the opening of the weekly candle, where the market tanked. So far, we are in the 6th week of a rally that formed at the...

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XAU/USD – Weekly What a week! $1670 held again as support during the Monday morning flash crash (which was most probably driven by a large liquidation). The weekly candle looks ugly but in terms of the range and support level I talked about last month there is not big change in the bigger picture. For the patient traders who work with limit orders it was a good...

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I've just come back from a two-week holiday, so looking at charts again feels a bit odd. I currently have no real feel for the market (and its pain points). To get back into the swing of things again, I will begin by taking a look at higher time frames. BTC$ (daily) So, the $29k line showed some strong support. This is something to bear in mind in the event that...

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