King_Hustle_Grind

King_Hustle_Grind

Hi Everyone, Here is my thesis on the Nasdaq. I prefer this move to be in the category of a bear market rally and see max upside up till 14000. Here is a 4 factor high probability sell short.. 1) Converging downsloping trend lines 2) Major resistance (horizontal) 3) Possible upside up till 14000 points 4) Higher high double top since august high. This is not...

King_Hustle_Grind

Folks, Morning. Been a while, since I have been here. I strongly believe GOLD will be the best performer in 2023. But we have to be bearing a little more patience. We have seen a strong breakout (still going) but with a possible bounce from support in DXY, GOLD could be ready for a pullback. I will not be surprised if we see a little more upside in GOLD. I have...

King_Hustle_Grind

Folks, Here is my personal view on Gold. With the macro economics going as they are going. World is negating a recession I am bullish on Gold. The vacation is nearing its end and more institutions will get back to the market and the volume will return more soon than later. The reason for the near term top we saw on Gold is the inverse relationship with the...

King_Hustle_Grind

Folks, An over extended move on the NASDAQ. Trust the technicals.

King_Hustle_Grind

Folks, The weekly on eur/usd is becoming very oversold and we are nearing major technicals support levels. If you take a look in to the DXY (monthly chart) you see we are hitting major technical resistance levels. This doesn't guarantee any bounce but it increases the probabilities for a bounce. I am already scaling in SMALL. WHY? Because if the price dips...

King_Hustle_Grind

My friends, Let's get in to the charts.. I have really learned to trust the charts. Because that is the only truth you have.. And everything on the charts happens (mainly) for reasons. As the markets move in a mechanic way.. We have to look not only in to the bitcoin charts if you are a crypto trader. Smart money never rests. They go from market to market to...

King_Hustle_Grind

Goodday to all of you.. Well what a run it was from the dollar.. We are nearing resistance and aggressive traders can start to accumulate 'short' positions.. Remember the market cycle from a price action point of view. Breakout--> Channel --> Trading range (75% of the time). Breakout--> Channel --> Breakout (25% of the time). Price is trying to breakout...

King_Hustle_Grind

Goodmorning from lovely Amsterdam.. I think we will see some upside from here.. We have already see a bounce a and level of $25K rejected.. My market cycle, from a price action, point of view is as follow... Breakout --> channel -- trading range... 75% of the time this scenario happens. NEXT LEVELS TO WATCH $32.5K --> $34.5K --> $37.5K

King_Hustle_Grind

Short term pullback, Longer term LONG position for GOLD. After such a extended move higher probability for another leg up.. This is known as a AB-CD move.

King_Hustle_Grind

Folks, Personally think the probability is higher to go lower than that we will go higher.. We see a bear leg in a BEAR FLAG/ TRADING RANGE.. We are hitting support. In my opinion it is a minor support level and we will test MAJOR support to see where we stand with BITCOIN. Major support is the 2nd YELLOW line.. We have to see how the market will react to...

King_Hustle_Grind

Goodmorning. Here today we have the bitcoin chart.. We could expect this pullback. Why? we have reached to pushes above and formed a wedge. Not exactly the pattern wedge but the basics of a wedge 3 pushes. The market often reverses when price makes 3 pushes (the other way). AT the moment of writing technically bitcoin is still bullish. We need to hold this...

King_Hustle_Grind

Folks, Here is my daily for Cardano.. We see a trading range that will choose direction soon.. I think we will test breakout 1st before next move up.. A strategy is to buy at support. I put Long.. But notice I expect short term pullback 1st before 2nd leg up..

King_Hustle_Grind

Folks, As I love coti and it's project we have to bear a little patience.. Cup is almost formed and let's hope for a bull flag down to support and than pump it up with the handle move.. Always be aware of this being my opinion and view on the charts.. But hé I freaking love it.. Always do your own research.. Feel free to comment, share/like and follow.....

King_Hustle_Grind

Folks, Good news.. See here the inversed head and shoulders we are consolidating a little now the past days trying to keep our heads above the neckline test.. Let us become ultra bullish and let's hope it will hold..

King_Hustle_Grind

Folks, The graph a project I like.. And it is looking good to be in a 2nd leg pump to do BREAKOUT test. This BREAKOUT test is something we see similar after hitting Support and bottoming.. Look for the forecast and the symmetry between 1st leg and 2nd leg.. This is WHY I love trading and technical analysis it is freaking art, my friend. Again no fancy...

King_Hustle_Grind

Folks, Here it is a new update for Bitcoin.. Well as traders we have to be flexible and be able to switch from bearish to bullish if the chart says so. In other words, we have to be objective. At the end we are in a probabilities game. Earlier this week the chart told me a possible reversal could be at hand. Looking at price action recently --> i.e. the...

King_Hustle_Grind

Folks, Icon has had some pumps lately and we are trying to conquer with prior high but we see kind of rejection.. In my opinion we are about to have chances of forming a cup and handle. Many will know it more often than not a BULLISH pattern.. With breakouts to the upside.. The support and resistance lines I draw are approximate areas. It can be a little...

King_Hustle_Grind

Folks, It hurts if you see a CRYPTO classic breakout as we see here on the chart for ETC and you have missed it.. But most of the time these breakouts these strong tend to give 2nd chances in the form of a 2nd leg.. Be patient. Feel free to comment, share and hit the like and make sure you follow.