vnhilton

vnhilton

Price closes strongly on Tuesday 22/11, suggesting traders expected price to go higher on Wednesday, which it did. At the open, their positions were defended & are assumed to take profit at the nearest swing high level, trapping breakout traders forcing them to liquidate & letting price fall down swiftly back into their average price position levels, so that they...

vnhilton Updated 

SPY is believed to be in a retracement, but we're looking for a potential early reversal to the downside. 21/06: Gapped +1.79% pre-market, & opened strong, where price mostly stayed above VWAP. A fake-out occurred at $376.31, & made a high at $376.52, before selling off strongly at the close. Idea: A weak close could mean that buyers took profit at end of day,...

vnhilton Updated 

SPY has been in a downtrend since the start of January 2022 due to Omicron fears, the invasion of Ukraine, increase in interest rates to combat rising inflation. After breaking the 416 level, price has reached the anchored VWAP (which was placed at the bottom of the COVID crash in 2020) & has since retraced back to the 416 level & started consolidating underneath....

vnhilton

Price has broken a downtrend that has lasted 3 months, and has been showing 10 consecutive green days recently, breaking several months old resistances and daily 50 and 200 moving averages. GME may be back in play, however it's important to remember the role of bag-holders and relevance of GME. It has been over a year since the initial pump & dump, and there're...

vnhilton Updated 

TLDR: If price creates a new ATH before the end of Q1 2022, then expect a correction at the quarterly pivot point 2nd resistance level at ~79k (if price manages to reach that far). Last quarter, BTCUSDT created a new supply zone at ~55k, and then dropped with reactions and a breakdown at the ~48k demand zone (reaction visible on the 15M timeframe and under) and...

vnhilton

TLDR: Price could create a new ATH before 2022, and if so, you can expect a correction at the 3rd quarterly pivot resistance ~78k, if price manages to reach that far. Long term trend is bullish indicated by the start of the impulse wave at 27/07/21, with the current swing being a long impulse wave 1 or short impulse wave 2 or 4 (whichever timeframe you’re looking...