Solana has formed a bottom inversed head and shoulder and has failed to create a lower low. This current condition suggests a reversal...
SOLANA is losing momentum and has broken out of its rising wedge. Overall cryptos will suffer dollar strenght on the short term.
USDJPY intraday long idea. Fundamentals are suggesting a rissk off market and technicals on USDJPY have shown consistent higher highs and lows.
AUDCHF has just broken out of its triangle and with the macro economic conditions we are seeing at the moment, AUDCHF should give us at least a short term retracement to its last higher low at 0.5840
This token has formed a bullish market structure with higher lows and the breakout of the 2.70 level marks a clear momentum coming from buyers. My targets are 2.93 and 3.11.
Bitcoin has retraced quite a bit from its last all time high which lets us with the following question: Is it time to buy ? Currently, we are testing very important FIB levels which could serve as a buy entries, as long as we stay above 51k ( last higher low) and we managed to rebound on one of the FIB levels, the trend should resume to around 74K.
The price of bitcoin continues to be under pressure but we might see a long opportunity seating at a major key level for this asset. More in the video...
ZRXUSDT has found support at 0.85 from wich point it created consecutive higher lows. This is usually a signal of strong reversal. If bullish market structure rules continue to be respected, I expected the 1.22 level to be hit!
This crypto has been bullish on the higher timeframe but recently we saw it retrace. However, on the 1H timeframe, a breakout of the triangle has occured and if price manages to keep doing higher highs and higher lows then my targets will be 2.25 and 2.50.
JOEUSDT has made multiple rebounds at the 0.80 level turning it into a strong support. From this support a series of higher low has been created suggesting that the coin is about fly up! My targets are at 1.05 and 1.20.
Gold is in a very strong uptrend and it seems like price wants to continue higher... If we manage to go through CPI tomorrow without breaking at the last key support (GREEN RECTANGLE), the uptrend should continue because we have just created a higher low... CPI is the main focus!
Bitcoin is in a difficult situation at the moment where its price just broke out of the rising wedge it had previously created. It seems like we might see a short term retracement, my target is at 61 000 dollars.
PORTALUSDT has created higher lows supported by my trendline and a key support has been respected at 2.45 before it continues higher. As long as this level is being respected, my targets are 2.70 and 3.00 .
USDMXN has been under pressure for a few days now and I am not expecting it to stop soon. The US Dollar has been going down because of expected rates cuts to come this year and the mexican peso still benefits from a tighter monetary policy. Now that the fundamentals are in the favor of a continuation to the downside, we can observe on the daily timeframe the...
The 140.00 level has been respected as a support and this token continues to create higher highs and higher lows which shows that the trend is healthy. A simple market structure analysis gives us a bullish forecast. Targets: 154.50 and 165.00
MATICUSDT has created higher market structure with lows being consecutively higher than each other on the higher timeframe. Knowing that the crypto market is bullish and volume is increasing, the break of the 0.9500 resistance is a clear sign that buyers are in control... My targets are 1.1800 and 1.5500 .
USDMXN has had difficulties creating higher structure while slowy going down on every failed attempt to break higher. Price has recently broken below a key support which shows that sellers are in control especially knowing the macro economics circumstances. My target is at 16.82000 .
Just like my previous idea on this currency pair, I still think the fundamentals are in favor of the British pound against major other currencies. In addition to that, price continues to create higher market structure which is a sign that buyers are in control. My targets are still 1.7200 and 1.7500 .