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Zoen_Trieste Updated 

Over the past few months, CRYPTOCAP:BTC seems to find a pivot at 20% extensions of the up/down movement. To find sup/res points, what one can try is: take the last significant low/high and draw a rising/declining line at a rate of 12.5 USD per trading day from the chosen high/low. The current example is highlighted on the chart; an info line is provided for...

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This chart suggests that the BTCUSD market is currently in a ranging state. We have tried to identify supply and demand zones in this range environment. The suggested levels are as follows: High teens for increasing long exposure Around 28k squaring off long positions Sit out the area in the middle This kind of price behavior is expected as the...

Zoen_Trieste

This stock is all over the news these days. Many pro traders in the biggest banks are shorting this stock; WSB is longing. Looking at the monthly structure, it is looking better for bulls in my books. Though some of the juice has already been squeezed, it still has room for further upside for long exposure. For those not in it by now, it will be increasingly...

Zoen_Trieste Updated 

Since our last post, the BTCUSD market went through a corrective phase that brought the price to the mid20k level, the lowest price since the onset of the price discovery phase when the prior ATH was left behind with a bang. It is an exceptionally well-behaved market despite the turmoil that many other DeFi projects incl. stable coins have been going through. It...

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Upside vs Downside interchangeably for short or long risk exposure at current flat front CL1! price. The IV stands at 73%, which is more conservative than the highlighted risk profile. Not a tradable setup; just for reference timeframes when looking for a bias. The median line, from which the % change is measured, is derived by using the Inside Pitchfork tool;...

Zoen_Trieste

Here's a BTCUSD chart with prior ideas highlighted. After selling to close all of the BTC holdings @ $63.5k, I have been sitting on the sidelines and looking at what is happening in the market. So far, I do not have the urge to re-enter the market and will look for further downside to time my entry. An exceptional market that should be watched by everyone....

Zoen_Trieste Updated 

Thought of this as I saw the further-out Dec'22 & Jun'22 6-months spread flipping through the closer Jun'22 & Dec'21 ; the historical examples are given in the chart in green circles. Seems like oil is looking higher from here as per the indication of the attached chart. Let us see how this unravels.

Zoen_Trieste Updated 

BTC was bid up nicely but lost the momentum with a shift to a risk-off attitude in the overall markets. Following this pump and witnessing the second bearish daily candle, it seems the best approach is to fade this recent bullish action and look for targets in the previous lows. The risk profile highlighted in the chart has a 5R return , and the covered risk...

Zoen_Trieste Updated 

This one looks like it is coming at us.., it's good to be anticipative in these things. If it works out, you not only win some but also boost your ego.

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Further to the earlier idea, we are now seemingly approaching the final extension zone, and with another 15% increase, the odds for mean reversion become much better. The market seems to be in an exciting area and is definitely worth our attention. Staying tuned for further developments on this one.

Zoen_Trieste Updated 

Not long ago, BTC exchanged hands at levels above $60k, and now we are seeing it being offered half of that price. This massive decline is the perfect moment for the dip buyers to step in, but caution is advised as this range is new, and an extended chop is probable. I will try to update this once in a while. Let us see how it unfolds.

Zoen_Trieste Updated 

Further to the last idea on this pair, we are now mapping the next potential wave higher. This wave is very coveted and, consequently, has crippled probability; however, the fractal nature of the post-ATH correctional formation evidenced through the repetitive waves is indeed very fascinating and worth our attention. Enjoy!

Zoen_Trieste Updated 

DOGE has been nothing short of phenomenal these last few weeks. It has gained over 350% during the previous seven trading days. It is only befitting that it has lost 50% so quickly after such a tremendous extension higher. The chart shows this critical % decrease through the use of Gann box squared at the rate of 0.0035 per 2 hours of trading, the current rate of...

Zoen_Trieste Updated 

This pair has shown some resilience to the selling pressure that became evident after touching the sub-60k area. The chart contains all the information that serves as a long signal; nonetheless, it is contingent upon a valid price action once the highlighted key area is reached. Better to avoid sending in the limits to the exchanges, but to consider the 46.8k as a...

Zoen_Trieste

A logarithmic look at the evolution of BTC price since its very early days The following key takeaways: BTC tends to extend only about 1/5 of its prior impulse move measured in terms of % increase; BTC tends to react ≈38.20% on a logarithmic scale to form a correctional bear market; The sub $80k area is a pivotal area to look for supply inflows. This...

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The above chart illustrates the performance of different asset classes in % change from Mar'20 low . The list of included assets is as follows: Copper Gold ES Brent DXY For the futures markets, the Jun'21 contracts are used; for DXY, the ICEUS index is used. As seen in the chart, the best performing commodity is copper, the rise in copper prices is...

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Corn seems to be in the final stage of a bullish run here. In terms of % gain, it is almost at the psychological 100% increase area from Mar'20 low. Short risk exposure is becoming more risky at these levels. With another push higher, some decent supply inflows are expected.

Zoen_Trieste

Looks like this pair is setting up another impulse move higher — it is building momentum right below the ATH — the further it goes sideways here, the better it is for bullish continuation projection. If the time factor is scaled at the highlighted rate, and if this scale happens to be correct, the target area should be hit by 22 of March 2021. If higher...