EURUSD has had a decent run to the downside. Shorted from 1.08930's to 1.08615's. PA currently ranging and flirting with the lows of the current range. No clear indication of direction yet. Expecting a retest around the highs at 1.082-1.084 before more downside. Clean break below 1.07735 and we head towards 1.065's Will look to short any deviation above...
We are back with some clean price action. Currently in this SOL short from around 20.495$ (pa at 19.870 at time of writing). We are currently sitting around the lows of the range. Further break to the downside and we should expect 17-15$. Final TP around 10.550$ Momentum is still bearish. If we break below current support level we should see some fast move...
Based on the current price action on BTC we may have a long opportunity and a last relief swing high (before we end up breaking down under 17600's) Long entry has been taken yesterday around 17975's targeting 19400 and as last TP 20000's if BTC decides to remain strong. Any close below the current protected lower high of 16800's will invalidate the trade and...
Based on the current price action on ETH we may have a long opportunity and a last relief swing high (before we end up breaking down under 1200's) We have a taken a clean short trade during last session and we will be looking to fill the gap left behind. Simple idea today, long entry under the current lower low (1270's) targeting 1352.80 and as last TP 1485.50....
Coming back to our previous DXY post dating from around a month ago, we can see the price action finally reacting to the order block and giving us some possible indication regarding the upcoming monthly trend (stocks (ES), crypto and commodities). Historically, the month of October tends to be a 'bullish month'. Nevertheless, history does not always repeat itself...
As BTC leads the crypto market for this analysis bear the following in mind: ----- BTC is currently in a tight range between 20500's and 18500's. ----- A break above the current highs (20500's) will confirm the narrative for the RVN idea. ----- A break below the current lows (18500's) will see the entire crypto market turn bearish(er) Based on the current...
Based on the current price action on SOL we can expect a retest of the lower range liquidity sitting at the 30.850's. As showcased on the chart we have taken a beautiful mark up retesting the current high (imbalance) which created the current down move. In light of the following and algorithmic price action we can expect the current 'starting point' to be...
The Dollar Currency Index (DXY) should not be neglected by traders (whether 'new' or 'old' in the industry). Taking into consideration the current global events and inflation rising all over the globe the DXY may offer some reassurance to a lot of the traders. In light of the recent talks held by the FED the DXY has currently been retesting imbalances from...
Based on the current bearish order flow we can expect BTC to retest the current 15MIN imbalance laying around the 19025's. The retest of the higher range has offered some good long opportunities on BTC and alts for the last 24H. Nevertheless, we are still in a bearish trend despite these higher ranges retests. Our current range remains the 20K-18K range and no...
Based on the current price action on DOGE we may have a potential retest of the highs which induced the current bearish market. We have failed to create new lows and we have held the current lower highs residing at the 0.0600's. A clear invalidation has been established around the 0.600's. The level will now serve as current lower low invalidating any long...
Based on the current price action on BTC we can expect the following scenario. As you can see we have had a nice retest of the higher ranges which failed and gave us the necessary momentum to take the following short. Some profits may be taken at the current levels and we may be expecting a retest of the lower low (representing the overall 4H and HTF lows) A...
Based on the current price action of XRP we can expect lower price action. In light of the SEC and its investigations targeting XRP the crypto has managed to retain a decent amount of trading opportunities. Taking into consideration the current market we have noticed an attempt from the bulls to break the 0.3798's level. The following attempt failed and has led...
Based on the current price action we can expect a retest of the lower ranges on BTC. Taking into account the fact that BTC remains the leading indicator (to a certain extent) of the alt market we can assess the following. As noted on the chart we have fully profited from the precious 'dead cat bounces' and the bullish price momentum in the current bearish...
Based on the current price action of LTC we can expect a significant bearish price action. Similarly to BTC, ETH and most of other alt coins LTC has faded away from its bullish price action of the last days. Taking into account the current bearish trend lower price action can be expected for the upcoming days (and weekend - be aware of extra volatility). The...
Based on the current price action on ETH we can expect a draw down retracing around 1350's and lower ranges. Despite the bullish momentum of the last days we have remained in a bearish market and have not managed to create higher prices. Considering the following points of reference we have reconfirmed the bearish/short trades (feel free to refer to the previous...
Based on the current price action BTC has broken above the 22600's resistance and can now head towards 24500's - 25000's. Despite the following we remain in a bearish market until the 28000's is flipped. As a continuation of yesterday's trade (long scalp) we can expect higher price action and a mark up from the current levels. A clean close below 21900's...
Based on the current price action a high probability opportunity offers itself for BTC to head for a retest of the higher 4h/daily rage (22K level). A quick break down swapped liquidity around the 20900's lows and will eventually trap the late bearish traders. A proper break above the current lower low of the range (lower red line - 21000's) will indicate that...
Based on the current price action SOL has developed as expected and continues marking down towards our main target: 22.085 (depending on your broker and exchange). Considering the liquidity remaining in the market we can expect the following scalp to take place. A push back up into the 35.915's area to then target new lows around the 33.800's and 32.900. The...