st4ndard

st4ndard

I think the chart is self explainable. Downtrend + Support level

st4ndard

I'm watching $SLV closely, and the price will likely drop from its current level to 22.450 in the coming days. #silver

st4ndard

Its almost to obvious, ~12K served as the interim bottom. It did not came as a surprise as it aligns with Fib. To reverse the bearish mood we need a higher high meaning a break above 13.8K. I don't believe that this will happen, but I due believe that bulls will test the downtrend line.

st4ndard

Last week I posted a "worst spot to but" trading idea with a neutral perspective and bearish sentiment. Today my view has changed. I'm now in a neutral perspective with a bullish sentiment. I'm still out of the market waiting, why? The 1D chart shows a significant breakout of a price range, remains within .96 regression! Until the breakout appeared, the price...

st4ndard

Price is still following the forecast. I guess we can expect a channel exit by Monday. "guess" is the keyword, no one knows.

st4ndard

Careful out there with new long positions. This pattern could very well reoccur.

st4ndard

BTC is yet to bleed the last 28% against gold before once again seeking out the upper range of the consolidation. Traders look to Wyckoff's theory to somewhat explain BTC/USD. Instead, one should look at BTC/GOLD and accept that this is the playground. I'm heavy Gold until we get close or hit 16.3 sharp. Then I will shift my allocations back towards BTC, ETH,...

st4ndard

Look at that pinbar and the two targets ahead. This is interesting.

st4ndard

Weekly trend i down, Daily trend is down Regression is down price is in the upper area of daily trend price is in the upper area of daily regression tp at latest lower low pivot 51.85

st4ndard

I don't think that US100 will be able to break the 21WMA band and therefore it will consolidate towards the bottom of the uptrend.

st4ndard

Gold versus BTC, it seems like gold has a better momentum.

st4ndard

The weekly and daily trend is up, and there is solid support at 1916$ from the weekly and daily pivot (1st of June).

st4ndard

It is bullish for Bitcoin price if it manages to stay above 44500$. If that's not the case, then at least it should hold 42150$ not to form a lower low.

st4ndard

I find it hard to believe that #XRP will go below 1$ at this point, and very soon the uptrend and the price action will intersect.

st4ndard

breakout from pennant. 1/3 down.. now it needs to take out .4 and .428 before it can truly expand upwards.

st4ndard

If you are day trading, this would not be an ideal place to open a new long position, unless you dont care about a drop. High risk. Personally I would never consider to short Bitcoin either, I'm simple reducing risk by taking some profits.

st4ndard

Yesterday Bitcoin established support from the 1D 200EMA at $42.2K, it formed a double bottom at the hourly chart. This could indicate the bottom or a reversal. However today, the reversal is challenged by the resistance from 3D 50EMA at $45.8K, it just formed a double top. It seems that the area between $42.2K and $45.8K will be range where bulls and bears will...

st4ndard

Bitcoin formed a double bottom at 42K. It's at the daily 200-periods exponential moving average.