TAO (a crypto currency) has been trading in a wide range for 3 years. Whilst making lower highs and lower lows, it has moved quickly in both directions. This video explains why and that is because there is no demand inside value, therefore there is no force strong enough to stop and turn the asset….
” BTC and the crypto currency market have somewhat stabilised in recent weeks as these assets have based into the phase and for the very first time in several months BTC flipped an SR which triggered long positions in coins such as DOGE (which itself based in phase after an 85% washout). On the lower…
A recent Level 2 trade planning analysis for the XOP sector where two bullish trades were taken in the Oil and Gas exploration sector (FANG and OVV). Both charts suggest a major shift had occurred which set up a very low risk and high conviction/ reward long side trade. Post Views: 16
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…
Silver decisively broke higher suggesting that the intermediate pivot is in place. The daily chart is very positive and the contract looks likely to move towards $38. The silver miners are also in very positive conditions. The chart has positive money flow patterns and key levels flipping into support followed by explosive moves higher. It…
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…