cryptownian

cryptownian

Btc has broken below support that has been keeping ti above 30k We could see a correctional pattern forming here as the market plays between 25k and 20k for a possible drop to 18k We can we a wave pattern in the bearish direction Just like on the daily when the bearish wave did not complete but still market had heavy drop. So on the weekly The drop from the...

cryptownian

Hi guys I hope there was some poeple who took note because this one played out to the T Tomorrow is the 20th of June so let's see in the week if we will see a buy or break to 3k

cryptownian

Look at wave pattern It was a simple correction leading to a break out. If we see this a turn on the weekly could we see a drop down to 3K. Don't know but if the weekly support is important than 3K is the next target in my mind.

cryptownian

Looking at the double top on the weekly time frame seems like a strong possibity that a drop could happen With I this year still We seeing a slight up movement followed a range indicating that we are looking at a possible bearish flag 8n the making. These kind of patterns on btc has worked and also proven useless. As with previous pattern at support we could see...

cryptownian

Well we are doing a case study for a buy or sell in btcusd We will be looking at the raw data and see if there is any candle stick patterns and trend line indications of market movement Before we go into indicators So right now we know btc has not kept it break it has pulled back below 50k Has been steady bouncing along a trend line Creating what seems like a...

cryptownian

The following indicators and TA conditions looks as if we could see a drop in usdjpy The move down could just be a relief for the overbought conditions indicted by the Rsi and the Bollinger bands on the Daily time frame. We also see a weekly level being tested as confirmation for a pullback but the market is currently above indicating a possible...

cryptownian

So let's look at eurgbp and see what is possible from this current level. Based on basic rules of support and resistance we are looking at the previous buy zone and currently seeing a possible buy entry slowly appearing We see that for this week the market has been holding it steady at this level We also see the Rsi is almost oversold We also see the Bollinger...

cryptownian

Well guys We will be doing a case study on gold to see what the next possible moves will be Currently we are seeing the following Elloit wave count completed Corrective pattern Decending wedge pattern Clear support area Looking at the conditions of the market The completetion of the wave pattern and corrective pattern coming into play We could see more...

cryptownian

Could we see more bullish action in usdcad There are some small things that indicate that possibility But it's not a sure thing so look close

cryptownian

So we are back at a critical juncture in btcusd Will be go above the 64 000 Level or will we see another massive pullback or a semi one. The RSI is 70 on the daily possible drop sign The candle patterns also shows possible drop signs But with btc you could get a surprise spike before drop Right now it looks more like we going to see a drop.

cryptownian

We could see a drop and bounce situation 4h is high on the rsi But let's see how 8t pans out

cryptownian

Well let's see We are at a zone where resistance shifted to support. We see a few good bounces from this zone The rsi is at 30 or below so it's a good sign for a possible buy But let's see how it goes

cryptownian

So far it seems like we going down Let's see what happens when the 50 mark is hit on the rsi Will see a buy or drop at red level let's see

cryptownian

Well guys The setup looks good from a technical perspective but position and the rsi shows we are 8n the middle of a up or low position I would say look for a rsi above 70 or below 30 for a entry zone in btc. Right now if you do enter its either on extremely well thought out plan or just plain gambling BUT MY GUT IS SAYING LONG

cryptownian

Well who will take control here Between the box range and possible breakout

cryptownian

We could see a buy at 1649 on gold Well let's look and see

cryptownian

Well usdjpy could do a major drop to lower levels Very soon

05:00

cryptownian

no sound but i hope it explained it self