Nyce_Weezy

Nyce_Weezy

Price likely to find support at 32200 range before testing last weeks high order block between 32600\32700 price point then descend to the monthly of 31500

Nyce_Weezy

As per Dec 22 CPi movement and the looming recession, it only seems fit that price tap into the next BEARISH OB and just as quickly, cascade down to the daily BULLISH OB which is around 33000.

Nyce_Weezy

Price is currently in a bearish flag, setting up a a nice continuation to the upside. We are very weary that price hasn't retested that 34200-34300 area so we will be watching price closely to give us a sign of exhaustion before goin long. Short term outlook, expect a pullback to complete this week and then the bullish run. Long term outlook, Price has failed to...

Nyce_Weezy

Double bottom created in first week Oct, too many 3rd quarter closing jitters influenced money movement with many investors pulling out their bags ahead of NFP week which, despite performing very badly, still did better than stocks which then invited stock investors as a better bet in a bear stock market. Short term outlook sees price bouncing on that critical...

Nyce_Weezy

Price has struggled to go beyond 35444 and hit some resistance from the declining H4 trendline from the highs of 17 Aug. 35384 significant level has held as strong support and resistance before and now again. It has been broken to the downside, and now it is retesting it as resistance before falling and we should see price go lower to 35250 range

Nyce_Weezy

basically short biased based on bearish flag/pennant and price is at critical psychological level and area of liquidity. if price breaks out bullish I'll wait for retest before changing my bias.

Nyce_Weezy

Anniversary of last years colossal crash, investor jitters and scepticism over US government stimulus package and financial aid have fueled uncertainty in the market. Expecting market to embrace the correction before the big money bulls take over.

Nyce_Weezy

yesterdays precursor dip and swift recovery tells me that the current pullback is temporary and it will fall to 12750

Nyce_Weezy

Since Sunday 15 Nov 2020, price has been stifled by news and has had to clear the sideways move from Friday's close, which it has. Price has multiple bounces of the ascending trend line and has completed another touch tis afternoon which leads me to believe it's ready for the big push if it can clear the 12000 psychological level. target 12500

Nyce_Weezy

With the worst possible NFP stats since the Great Depression released on Friday, no amount of Trump spending will prop up the dollar further. The economy is going to take a dive, at least in the short term, until the infection curve flattens at least. The longer this virus keeps people away from participating in the economy, the longer it will take for normalcy to...

Nyce_Weezy

Market is breathing after that rally, it will pull back to around 7380 before going to 8000

Nyce_Weezy

Double top and huge rejection at market opening, signaling downturn

Nyce_Weezy

Nas riding up trend and will reach strong resistance around 8950, which surpassed, should see us reach around 9240

Nyce_Weezy

Price to show some exhaustion with smaller candles, slight pull back then onto last weeks highs

Nyce_Weezy

Nas will continue the sell-off after a brief correction to around 9300 before going bullish again

Nyce_Weezy

Expecting price to continue upward trajectory before tanking to 8000 with minor retracements.