Preet

Preet

Will be watching and monitoring Gold for a breach and close below lower ascending trend-line. If we see a close below $1270 , I would anticipate to see a re-test of the trend-line and wick around previous support turned resistance at $1282-$1290. If all plays in accordance, shorts at these levels will be taken ($1282-90)

Preet Updated 

Bitcoin is currently looking to test previous resistance trend-line that has held since early December 2018. Will be monitoring price as we look to approach $4185 for a breach which if followed will set take profit 1 at roughly $4282 and if price action shows continuation a take profit 2 at $4368 which not only is a major spike zone region on a daily perspective...

Preet Updated 

Looking to see BTC re-test .786 fib level overnight before failing to surpass ~3440 region. Following a possible failed attempt we could see BTC turning to the downside target of 3400 as target one . WIll update further as momentum picks up .

Preet

Bitcoin could be seeing a intra-day swing down to either $7500-$8000 range. We could see that BTC bulls didn't have the strength nor numbers to power through 4H Fibb extension 38.2%. I wouldn't be surprised if $7500-8000 levels were met in 1-4 days (based on Tom Demark Sequential indicator) .

Preet

Any thoughts would be appreciated.