If the gbpusd pair can break the wedge and resistance without bearish divergence then brexit wont be doom and gloom as some portray on the smaller time frames we have already seen a price surge from the news in October 2019 to the exit date last night
yfi had a nice response at the yearly show providing a $10k candle to the upside that his since retraced to the $8k region. whilst selling pressure has made a low on the OBV, the price has managed to stay above the last bearish candle open on the monthly chart. we now have a clear demand zone with unlimited upside potential, given that bitcoin seems to have found...
not much data to go off for $FET yet. The chart shows a potential to $5 with fibonacci rules. If AI is going to be the main thing this year and a bull run returns, exponential growth could shoot to $200 - load up now at $0.20 or lower.
i dreamt the other night that this run may be around mid 50s and we are currently here. if price slows/stalls we could see a great alt season should btc move sideways whilst the market decides its next move...
disney coming back down to the 3M VAL, with liquidity resting just below. more importantly the 1Y rsi is now approaching the 50 midway (ultimate buy zone for disney) ...as bad as it looks, as long as the $80 area holds then we should see some respite
dxy currently facing the underside of a trendline with the avwap around the 105 mark if price can break up from here then 107 will be the main target as the vah and .5 fib lay in this area both 105 and 107 have significant weekly S/R pivots
wti is near the range low and has already bounced the monthly level and VAL liquidity still rests below this low and if the bullish market structure holds above $66 we should see a push back into the $100s
the 3month bitcoin chart shows that bearish volume has increased in the last quarter only for price to be held suggesting a momentary pause at the middle of the range with some upside inbound. my guess is that bitcoin will now push up to the .32/.5 fibo retrace (most likely spike beyond at the range high) before the rally fails and we head to the range lows to...
how both sides see it. we are currently sandwiched in a range of historical resistance/support flips - the initial 10k resistance flipped support for the bullrun, and the level that held price to ATH now flipped resistance. bears are aiming for a retest of this area near 10k bulls are aiming for a retest of the area near 30k ...both are probable thus far we...
liquidity rests below the total anchored vwap, thats is also the range 8th and mega bullflag bottom we could easily see matic under 40c before the next big leg up to ATH
$xau had massive buy in this zone in 2022 that couldn't break the 2020 high, fail here and its back t 1500-1700$ range high, VAH, monthly OB/level, supply zone, mid channel - careful
bnb has fallen out of the channel and back tested resistance where the 21 ema is. there is a lot of air between current price and the lower bollinger band / diagonal trendline bnb really needs to reclaim that channel for further upside
just working on some personal research and development tonight, and may have stumbled across a relief long from the lows ;-)
every 4 years bitcoin capitulates after the clocks return from BST to GMT/UTC in the UK (end of October). price also has 100mma around the previous ATH. Cyclic bars suggest history is about to repeat... Fibo circle suggests we may see some sideways action into 2023 before the next ATH bull run, or price pops $50-60k region for a more corrective scenario (we will see)...
3 month backtest yet to happen around $777 this range could take a while to tap lows and highs id imagine a climatic poke out the top during the next cycle around $7777
...now its a bearish turn. we have bitcoin at resistance and the clocks have changed in the UK, usually symbolic of a reversal. be cautious here guys daylight SAVINGS ;-)
2018 correction the same as 2022 correction 2019 pump same as 2023 pump will the dump model match too? credit to murfski and andy bitcoinsensus for this one
(credit to livercoin for his post on x) add the bbw indicator to your chart mark out the 0.1 and 0.8 levels when these areas meet you want to pay attention to the bitcoin chart although bbw direction is not correlated to price direction an assessment can be paired with general hight timeframe S/R