UnknownUnicorn2493331

UnknownUnicorn2493331

Levels remain from prior charts. Our analysis points to an inversion (which alters market structure) over the past 48 hours and a high intensity energy decline off the recent time cycle, which may lead to lower levels sooner. We listen to the market in the short term and adjust analysis ad hoc. The medium-longer term analysis remains the same as previously...

UnknownUnicorn2493331

We continue to work with the assumption the Ethereum market (and crypto) is in a downtrend that, if continuing, may culminate in short term selling climax tomorrow afternoon US time. Time and price zones identified previously remain on the chart. At present, we like adding to positions on hourly range breakouts to the downside in lieu of upside exhaustion.

UnknownUnicorn2493331

We are working with the hypothesis that the down wave mentioned in earlier posts is continuing and, here, highlighting shorter term horizon with relevant price points above and below current market. We like executing further short at upward exhaustion as well as EU/AP/US opens/closes

UnknownUnicorn2493331

Decision levels to watch action at are 704, 637. IF market moves with sharp or progressively grinding lower lows through these levels THEN assume targets of 450, then 385 by November ELSE market enters an extended triangle-like sideways market with equilibrium range 590-710

UnknownUnicorn2493331 Updated 

Observation : Market has three decision zones with little resistance in between IF Potential for market to rise sharply higher for trend breakout day ELSE Revise opportunity if 9/16 day trend does not continue upward

UnknownUnicorn2493331 Updated 

Next wave is lower IF Market must break lower now, without meaningful break of near term 3450 high (defined as slow upward grind through high or sharp close through) ELSE IF Market creates additional sideways movement between 3700 and 3000, evaluate for new sell signal ELSE Evaluate longer term sell signal Note: This is an overlay onto longer term Sell announcement.

UnknownUnicorn2493331

(High risk) : due to significant up trend strength Is this a hard trade? Yes Reward/Risk asymmetry is present with targets <= 120 Potential for high velocity momentum breakdown in multi-year AAPL bull trend IF Short term (near term high) momentum down anticipated to carry price through trend line lower without meaningful break of near term high ELSE Market price...

UnknownUnicorn2493331

Opportunity for high velocity thrust into trend down mode with targets in the 1000s.