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.
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
The USDT.D chart is inverse BTC, therefore this can be used to add a layer of confluence to our trades (in the same way we can use the DXY and the EURO or the USD and XAU). This chart indicates that the money flow can translate in a bullish configuration. Traders need to be aware…
BTC and the CryptoMarket are still trading in negative conditions. In the prior updates I suggested the ltf was neutral / slightly positive and a move towards range highs was likely and BTC hit $76,000 and subsequently got hit back down to $65,000. A loss of $63,300 in this phase would be quite a negative…
Intermediate timeframe analysis on the crypto asset TAO and using a correlated chart to help identify a potential inflection point in the price chart. Post Views: 15
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
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….