TAO intermediate timeframe analysis
Intermediate timeframe analysis on the crypto asset TAO and using a correlated chart to help identify a potential inflection point in the price chart.
BTC is showing signs of weakening and this is occurring at a time when the SPX is also entering a period where based on historic cycle data it has seen corrections. This coupled with the VIX, suggests reasons to be cautious and this video sets out the rationale behind the short sell entry into $117k…
In this video I talk you through the supply and demand logic and money flow data as well as the short trade plan from the Discord. The cryptocurrency market is about to enter a crucial period and this analysis also sets out the two main scenarios and the rationale for each. Post Views: 13
BTC continues to trade in a negative context and it has broken all ltf structures. This tells us that any rally into the next phase is likely to fail and move down. Target to the downside are around $75,000 to $70,000. The VIX is warning of a period of extreme risk later this year and…
Applying the Principal of Proportionality and Summation to the crypto currency market in order to understand the context. Post Views: 29
The cryptocurrency market (and indeed all risk markets) are entering a period where a pivot is due, but also a period where a spike in implied volatility is also due. There’s a lot of work for bulls to do on this chart. Post Views: 16
MicroStrategy is setting up for a move to range low and BTC is very likely in a period where a correction to $107,00 or even $102,000 is possible. $110,000 a key level to defend for bulls as this contracts heads into the corrective phase of the cycle. Post Views: 32