Solana intermediate timeframe analysis
Using supply and demand logic and money flow patterns to forecast the crypto asset Solana, which is likely heading to the $163 level (a key level on for the asset)
Momentum in the Bitcoin market is still strong and the money flow is positive and BTC appears to be flagging in to the daily pivot. The bias continues to favour a mov higher into late June or July. The next target based on the pitchfork and Fibonacci expansion is around $118,000 – $120,000. A break…
” 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…
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: 60
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…
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: 60
Using cycle phasing in order to read translation and configuration to set up a high probability long trade in Baker Hughes. Post Views: 56