TAO is one of the hottest that we have in this new era. Ight back to the chart, based on the chart only we have 2 scenarios. The first scenario is the one if the TAO following the BTC price(as most of the coin), drawn by the green color . We will have 2 entry points based on the first scenario 415 and 400 . In the second scenario , the price holds at 439 ...
UPDATE 03.05.2024
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Looks like the gap still holds pretty strong buying pressure as we can see the price bounce pretty strongly. There's not much to expect after this, cause I still prefer the sideway scenario not the jump back to ATH or even playing at 63-67K zone. Still, be careful about possibly dumping around 64K. [/b ]
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Stay Safe
X.CO
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P.S If u...
UPDATE 01.05.2024
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With the daily candles looking like this I can say that the key point is invalid , the BTC is down in the correction phase . Even tho there's a gap of 55-56.6K we might see a small bounce, but I prefer the price to touch 52.2K , yes I said that shit. The scenario would be like this;
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BTC touches the ground 52.2K and bounces a bit,...
UPDATE 29.04.2024
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The price action working as per the previous update, I have no other words since we knew shii was gonna come anyway. But I'll give the key point that might change the game, it's around 59.6K-58K . Other than that, we might just go small bounce like sunday morning, overall we r on correction phase .
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Stay Safe
X.CO
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P.S If you want...
!!UPDATE 25/04/2024!!
After the latest update last night, the BTC still holds its place at 66.9K , but that's not a good sign cause it means the BTC is closing the candle under the Daily Equilibrium which makes us expect the probability for the next few days to be heavier to correction . BUT! there's huge news tonight that might impact the current...
!!UPDATE!!
Just got time to open a chart after finishing some shit, with this I can say, last night's update will be invalid . 66.8K is still too hard for BTC to break, forget about the previous key point we will see a drop-down since the selling pressure is high on 1h and 4h chart. Some bounce might happen, but more likely correction is incoming .
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Stay...
!!UPDATE!!
As my previous analysis said there's 50/50 chance of BTC, but after the news comes out the price looks pretty good and shows signs of strength . Hold up, don't get too excited first, the possibility is still 60/40 , we'll see how BTC maintains its strength tn . Ight, I'll say why I can say the BTC showing strength ;
1. S&P not doing well as...
50/50 for BTC, since the chart is kinda scary , here's why;
1. 4H and 1D did not close upside the Equilibrium
2. 4H shows that this might be the confirmation for another correction
3. There's no signs of buying strength
Watchout how the price reacts to the news tn
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Key Level IMO -> 64.9K-63.6K
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X.CO
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PS. If u want to request...
Based on 1h we can see it's not a good sign for NASDAQ since it keeps rejecting at the same area . But the New York session has not started yet , we still have a chance to see where the price will go. There's two scenarios for NASDAQ;
1. Breaking the Fibb OTE 1h and confirm the hourly rejection
2. Bouncing, at the golden time around NY Sessions( my...
Ight back to BTC again since forex is sucked jk jk. For the BTC based on the technical analysis only , it can be concluded that the price is holding its place at 68.6K and 69K . Which is the OTE on my Fib , plus the price keeps increasing from the daily closing until today. If we want to pair it w the down of USDT and the down of DXY which...
I'm back, Finally, let's jump in. Lookin at the data provided by the economic news portal, there's a potential that Canada will continue to weaken against the Yen. This was also confirmed with the closing of the weekly CADJPY, which shows there's a rejection after the bullish rally and was supported by the strength of the Canadian economy previously. But hey, ...
It seems the previous bounce area was valid, we'll see where the price will goin for the next few days since all the mark targets were reached.
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Be Safe
X.CO
Alright, let’s jazz this up a bit!
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"Picture this: The GBP is like a rockstar, unfazed by the dip in the CPI charts, and still holding its own against the Yen. Even when the rate hike cranked up the volume, the GBP only stumbled to a 190.47 level, like a slight misstep in a dance.
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Now, from the eagle-eye view of the chart, it’s a toss-up between the Yen...
From the point of interest at 62.6K as it can be seen the BTC is still holding its place , even tho there's no exact strong evidence of how big this bounce will be, we can mark the Liquidation Sell area at 68K and 72K . #DYOR
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If you want to take entry manage your position well, cause the gap is pretty huge.
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Stay Safe
X.CO
The previous analysis was posted at 5 March , u can check out my account. All were based on the psychological level given by the length of the jump that you guys can pull from the 50.9K bounce to the market shift structure at 52.4K . Well, for now, we will see how the market works, since we got a huge sellout around 71.4K and 73.3K . Even tho the ...
The key levels play out?
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In the previous analysis, I mentioned 2030 and 2025 as the key levels that you guys should watch for carefully ( February 24 ). Gold has been moving sideways for almost 4 days, still holding 2025 down a bit to 2024.56 still trying to push but can't find enough reason to break the liquidity sellpoint at 2037 .
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Turning...
Despite the huge sellout at the 2031 level, gold remains in position at the 1980 level. After the huge volatility for 4 days straight, the gold bounced and created 2 key levels in 1995 and 2000 level to confirm the bounce.
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Timeline:
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> Tuesday 13th ; Gold trippin ,
news ; core cpi, cpi m/m y/y, gov Bailey speaks, Average Earnings Index 3m/y,...
About me
The original X.CO
