LiquidityMaster

LiquidityMaster

As long as NEL trades above the 11.645 NOK (0.702 Fib retracement from the bottom of the impulsive waves), higher prices must be expected, and potentially another set of impulsive waves. The yellow box is the range from 0.382 to 0.618 of Fibonacci. This range is the classical value area for potential new trades during corrections. If NEL broke the support, prepare...

LiquidityMaster

I think we are living the third minor wave of the fifth intermediate wave of QTUM. If the low for the intermediate correction (3 -> 4) is priced in, QTUM needs to trade above 46.45 USD at all times. If the low is NOT priced in, we are still under this correction. The yellow box is the price objective (range 0.382 -> 0.618 Fibonacci). Either way, as long as...

LiquidityMaster

The chart is telling us that the DXY has more further downside. Therefore, there is a high chance of continuing the bull run for risky assets like crypto and equities. The graph shows my proposed labeling for the Dollar Index (DXY). Currently, I think we are finishing the C leg related to the correction of the 4th wave. Assume the DXY breaks with confidence the...

LiquidityMaster

I think GBTC is living the last part of a big corrective four-wave (in the form of an expanded flat, 3-3-5). If GBTC trades below the 20.36 USD, the labeling is invalidated, entering into a bear market if GBTC trades with confidence above the 47 USD, it confirms the fifth and final wave before the "crypto winter."

LiquidityMaster

Currently, I think we are in the final stages of this corrective phase. The yield objective is based on the Fibonacci retracements from the second wave, expressly, by the 0.382 to the 0.618 levels. Detailed decomposition of the current correction in the following picture: If this labeling is correct, inflation expectations may increase during the rest of the...

LiquidityMaster

After seeing classical price action for a traditional correction (from an Elliot waves perspective), the commodity started a trendy price action to the upside. It looks like that the top for these three impulses is finished, and a correction has begun. The price objectives for this correction are based on Fibonacci levels (0.382 - 0.618). Overall, once the...

LiquidityMaster

Each time that the cost of money increments, the bubble of the moment pops. If you check carefully, the parallel channel's upper bands (yellow ones) play the trend resistance role. If those bands are touched, I can reasonably assure that the FED will intervene in the bond market with Yield Curve Control (you don't want to have the biggest economy of the world be...

LiquidityMaster

I see the gold with a downtrend that ends around 1600 - 1500 USD. In a nutshell, my counting is as follows: The corona selloff sets a paradigm shift globally , so it is justified to assert that we count three impulsive waves from March to mid-July, with a structure of 5-3-5-3-5. The top comes at the 2076 USD, with a double three correction, and finally,...

LiquidityMaster

After the bull run (due to the cut of the interest rates and Quantitative easing from the FED), the LDQ ETF has been distributing since late July. Historically, the 0.786 and the 0.618 retracements are an inflection point, where the previous trend reverses. We can see this pattern in all assets with an institutional interest. Until now, the FED is letting the...

LiquidityMaster

It looks like XRP is forming a Symmetrical Triangle due to the news related to relisting XRP into the exchanges. Maybe once all of this fuzz is done, we will see XRP heading to 2 USD. Thoughts?

LiquidityMaster

It looks like we are heading to test the march 2020 support level. Hopefully, I'm wrong. If not, we may start a reversal to the upside in order to test the June 2019 resistance. This is not financial advice. You are responsible for your own money.

LiquidityMaster

After the last run from the FED announcement, XRPUP has been living through 3 phases. Volume accumulation: The price goes all the way up to around $18 USDT. We can distinguish this stage due to the clusters in the volume formed in each of the Volume profile tails (VP from now on). This pattern is initially formed from sideways price action and has the Point of...