CRV (cryptocurrency) analysis 10th August
A detailed analysis based on extracting facts from the money flow data and the supply and demand relationship in the CRV 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…
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…
In this video Venture talks through Hurst’s Principal of Commonality, Synchronicity and using inverse correlations in order to read market context. These video updates are for educational purposes only and should never be considered as investment or trading advice. Always make your own trade plan based on your own system. Consult and expert before putting…
BTC is trading close to its ATH, however the price chart suggests there are reasons to be cautious, for example the money flow has seen a premature break (although a substantial rally occurred) and the supply and demand relations indicates a lack of demand below 105k. Post Views: 59
Using supply and demand logic to forecast/ position for a move down into demand in order to position for a log trade Post Views: 55