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hanzohas replied May 23, 2024I stopped focusing on TA after late April. When trying to catch big swings, its better to do strategic analysis and just keep calm. I am still holding to my shorts from 2240-2400. Buying into HHs is the ultimate high risk low reward option. It is ...
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hanzohas replied May 14, 2024This was an obvious technical support on the small frame. I could be wrong but going long here seems risky. We have a global max and a potential local max on the chart. image image
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hanzohas replied May 13, 2024I don't know. Pure technically, yes, it could get more support here. But, It feels like one of those moments where bulls commit for a few dollars and gets stuck for life if they are unable to take a loss like a boss

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hanzohas replied May 13, 2024Let's see what 2339 support says
More support could come if it halts here.Gold
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hanzohas replied May 13, 2024It already went to 2380 after your call. It even made 2 retests. Please tell me it's enough
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hanzohas replied May 13, 2024Following on small frames. The closer price gets to 2300 the higher chance it will keep pushing. Especially if bulls keeps/adds to their longs, this can keep pushing beyond imaginations. Just my humble take of course.
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hanzohas replied May 13, 2024It went right through. Starting to look intersesting. No sign of support confirmation on small frames yet.
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hanzohas replied May 13, 2024Some support is possible around 2350. I would still be careful about buying near local/global highs on the chart.
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hanzohas replied May 10, 2024This was the exact point i mentioned and it exactly picked back up there. Since then, I added a few more shorts at 2353. Right now market is making space for bulls to reenter as the price turns back down. On a high level, the game never changes. If ...
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hanzohas replied May 9, 2024I doubt that these guys will receive "get out of jail" free card. Just another chance to
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hanzohas replied May 9, 2024It lives for now
2300 will still pull imo. I believe it is a question of slow or fast death. image Gold
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hanzohas replied May 7, 20242250-2230 can be a key level, where buyers stops adding to their longs and sellers takes last profits. This will accelerate the drop and price can reach around 2150. Any support around 2150 can push price back near 2250.
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hanzohas replied May 7, 2024Not much changed since then. A break out of the horizontal inner channel can bring price near the outer lower channel. image
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