sachu_blessyou

sachu_blessyou

As one of the most traded indexes in the world this asset has consistently respected the Fibonacci levels based on it's last local low. Considering how aggressively price is moving up now & how pessimistic the market was the last few years I think it's likely we climb higher. It's important to see how it reacts to these levels a resistance levels to look for...

sachu_blessyou

Ichimoku looks like it's about to change trends (lower chance) or maintain the current bullish trend. This is supported by the recent trendline break, but with price now reaching near the last local high we are coming on strong resistance. Looking to see how price reacts to the area it's currently in as any bullish momentum could be aggressive to the upside with...

sachu_blessyou

We are currently at the 0.5 / golden ratio resistance levels, the recent spike was the market taking out late shorts. Notice that we are about to hit the last local high as well. I caution anyone to buy here as we may be running out of fuel. Looking at the ichimoku the general trend is also bearish at the moment. I would suggest anyone bullish to wait until this...

sachu_blessyou

Currently at an important level that previously served as major resistance. We either flip here and recover or there likely won't be any traction for the upward move. If we break any lower than here and consolidate it will be very difficult to build back up. Watching to see how things play out. Many charts in the market are in a similar situation so a bounce is...

sachu_blessyou

Will AMD be able to recover from this down-move? With Ichimoku crossing bearish and a lower high being placed, there is a high chance of the trend shifting bearish. With NVDIA booming and the tech sector on fire can AMD recover and start a new bullish move? Personally I'm waiting to see if we can gain some strength here as this area has served as support previously

sachu_blessyou

Every cycle Doge wakes up & has a run past it's last high. With Bitcoin crossing it's last all time high & the market heating up it's due time for a nice run on Doge. This is confirmed by Doge breaking out of it's consolidation range & the Ichimoku cloud crossing & turning green. You may be wondering ok but where do we cash out? This is where the fib extension can...

sachu_blessyou

We're trading above the green Ichimoku cloud & the RSI has room for a move up. Keeping a close eye on this channel to see if there's a breakout upward. Especially with the dollar weakening and political tensions rising I can see Silver making a run up as a good store of wealth A key question is whether Silver will follow Gold or match it's overall return as Gold...

sachu_blessyou

Although SOL has had a lot of strength lately it's important to pay attention to the region we're in now. Based on the fib retracement from the last high to the lowest point we're approaching the 0.6 golden ratio retracement. This region being a zone of big resistance I'd watch to see how it reacts and look for this level to get flipped before going in. Following...

sachu_blessyou

We have been in this range for quite a while with us previously deviating to the lows & now potentially breaking out of this range to the highs. With the halving around the corner breaking up out of the range is inevitable but we have to look here whether we will head back towards the mid-range or if we successfully break

sachu_blessyou

A large amount of shorts have opened here and along with FED increasing interest rates there's a lot of fuel waiting at the highs. General trend is still bearish so would be cautious of price taking out the previous low.

sachu_blessyou

A lot of people getting bullish here but it's important to remember that Tron was and still is in a bearish market structure. Consistent lower highs and the current push still has the potential to be the next lower high. Especially with the current state of the economy, the FED has no intentions of slowing down interest rates. Making it harder to attract money...

sachu_blessyou

Strong rejection from the region that previously served as support. Bears are in control but the HKEX:25 ,000 region has the potential to hold for a bounce. Would wait it out until the trend is clearer. Would recommend keeping an eye on the US dollar as well.

sachu_blessyou

The three main reasons I see this as a good buying area are: 1. Bullish Ichimoku Cross Very bullish signal along with a potential green cloud / if the price closes above the cloud 2. Bottom Channel Currently at the bottom of the channel near lows, may see a spike down to grab this liquidity 3. Green Cloud Ideally, we see a green cloud emerge indicating a new...

sachu_blessyou

I would want to see three things align for a bullish scenario. The first has been fulfilled which is a bullish Ichimoku cross. The second is for Bitcoin to not only tap this liquidity above but to flip this region and form support. Finally in order to support the bullish cross I'd want to see a green cloud forming to confirm a shift in trend to a bullish...

sachu_blessyou

Nice setups for short-mid term trades if this plays out. Especially for a short around the neckline

sachu_blessyou

A fake out local ATH break to grab liquidity with the trend potentially continuing lower. There is a chance we can bounce and head higher but it's important to be aware of the potential downside.

sachu_blessyou

After a strong run and a relatively favorable macro environment compared to 2022, I can see this going much higher but first I need to see the last ATH wick cleared and ideally an SR flip. Until then it's better to look for a lower entry or if you strongly believe in the project hold spot.

sachu_blessyou

This is a method for avoiding choppy markets where both sides get stopped out and lose money. When the trend is unclear it's better to step back and wait for a clear trend to form. On the right, you can see the characteristics of a clear trend, and comparing with the left you can see current market structure shows indications of both types of trends. We currently...