TheHitman

TheHitman

Hi Traders Currently retesting that former support area 10350$ on the 4h. This is obviously a minor area but if it becomes resistance and holds, I think we will go down and test the 10k level. Be aware that this is a short term analysis. It will not be valid for a long time as it could turn out to happen pretty fast.

TheHitman

Hi all Here I just wanted to show why I think, BTC will not behave like a classical precious medal in times of an overall market crisis. With the last crash of markets due to covid-19 and its lockdown, it clearly reacted even stronger than SPX500 did. Both pumped afterwards but will it do that again, even if SPX500 doesnt get silly lifesupport anymore? I think...

TheHitman

Hi Traders ZIL is heading for the 0.01USDT a coin. Depending on the price action and overall market condition it could be a nice area to buy into this project if you havent already. I would rate that project quite high and I expect it to go much higher over time. So it is all about finding a good spot to build your position.

TheHitman

Hi Traders Looks like Mc Donalds Corp hit its ceiling again. With the strong rejection candle and the down GAP I expect more selling the next couple of days. A potential target could be the psychological level of 200$

TheHitman

Hi Traders Next week it could get really interesting for Apple. On friday we fell back into the area where we saw a big reaction after the last earnings report. A lot of institutional money thought this stock would be worth more. How do they think now, after the stock split and the latest US-China trade war capter around bannishment from Tik Tok etc? Depending...

TheHitman

Hi Traders Gold is in a range since the middle of august. As the range became tighter every week it will now soon break out. At the moment I see two different scenarios. One is we will first grap some liquidity before going back to the all time high. The other one is the market goes there more or less straight after the break out.

TheHitman

Hi Traders Gold is trading in a range right now. It looks a bit like a false breakout even we already got a Hitman signal here. But for the moment it would be late to jump into this trade. But we might get provided with another pullback first before breaking out of that range. I will be very careful to trade gold on a higher timeframes until we see a proper...

TheHitman

Hi Traders The Hitman Indicator showed a bear signal at the beginning of this week. The market is now retesting the area it broke out then. If this retest is failing and price goes down again, it might be end up below 11k. If I see price action on lower timeframes that indicate a move downwards I will play the short.

TheHitman

Hi Traders EURCAD is coming into an interesting area on the weekly timeframe. One we could either bounce of or break throug for a longer pullback. The Hitman indicator is still bullish at the moment but the coming candle might change that bias. I will watch for price action clues on the daily to see if we break through that weekly support or we bounce of and go...

TheHitman

Hi Traders Potential retest of the former resistance on EURJPY on the 4h timeframe. Stop could be placed just below 124.000 a clear psychological level. This could be a nice start into the week. If you are awake at the opening, look out for price action on the lower timeframe in the retest-area to get a clue if that level will hold or not. For just entering a...

TheHitman

Hi Traders Descending triangle on ZILUSDT on the daily implies a downwards breakout. ZIL moved really nice lately but I do not expect it to go back to its latest top. The blue region is the first one where I will consider to make another buy in. In case we go down further, I marked two more blue regions where I will take a closer look at price action to...

TheHitman

Hi Traders Ascending triangle on UKOIL on the daily implies a breakout to the top. But fundamentals are might not backing it so the risk of a fake breakout is very relevant. I will make it dependend on the strength of the breakout candle wether I will enter a trade or not.

TheHitman

Hi Traders Where could the fall of USD find at least a break? When looking at the monthly charts one of the blue areas could potentially be a place to find a bottom. But if we look closer then we realise that the red marked areas (the lows of 2008 and 2011) are not so unrealisticly either. We see a very bearish candle for this month and also the Brrrrrr of the...

TheHitman

Hi Traders A quick analysis of VETBTC for the next couple of days. As the Hitman is still bearish, I expect a retest of the green area before we go down further. The price might not even reach this area again, but I would not recommend to enter if it doesnt as R:R does not look very appealing when only looking at Target Area 1. It will might take some time for...

TheHitman

Hi Traders A potential breakout trade coming up on XRPBTC. If we break 0.00002250 we could see 0.00002420 or higher pretty fast as there is only few levels above us. As we did not see a clear rejection yet, chances grow that we will actually break out

TheHitman

Hi Traders This week Apple did not manage to break the 400$ mark. This could indicate a short time drop. Ususally I would say thatafter a more than 50% run to the sky would be a clear sign for a stronger pull back but in the current market states this might be wrong. But one thing is for sure, the run has gone far and if you missed it, I would recommend to...

TheHitman

Hi Traders Looks like ETHBTC finally will be able to break trough the resistance at 0.026 as there is no strong rejection at this level, like we had it before. As long as price sticks around this area I would expect it to break trough sooner or later. A potential target area for a breakout trade could be the region around 0.028 The bullish Hitman also indicates...

TheHitman

Hi Traders Yesterday we finally broke through that 9300 region just to find support at around 8800. But dont let you fool from todays bar. It is still an inside bar that found its top at the high of yesterday. Even if we should break above that high it will only be a short time relieve. In my opinion we will retest that 8800 region in the next couple of days if...