Crypto Market Wizards® Official

🔵$BTC Weekly Chart

Weekly NFP candle closed bearish through weekly bisi, disrespecting it, so weekly switched to bearish. Currently staying sidelines, not looking for shorts, not looking for longs on this asset.


Monthly ERL target that we gave you was hit right away, and then went into retracement, possibly even reversal because candle didn’t close through just wicked above our target and. Closed back.


We will wait for this quarter to pass. And we will re-analyze it in the 2nd quarter of the year (Next 3M candle) to see how the next candle will print and how this monthly candle will close.


We entered 50/50 conditions and we do not prefer trading when market is 50/50 until it gets clear and probabilities for one direction gets higher


Monthly chart still staying bullish, Weekly chart flipped bearish. Let’s see how this month pass and if we get back bullish on Weekly otherwise price can tank deeper.

🔵$BTC Monthly & Weekly Chart

🔹On Monthly Chart we are still Bullish, we made a retracement exactly into E.Q. (50%) of Bullish monthly range as we marked in previous analysis.


🔹Weekly Chart is still Bullish, Short Term Low was order paired into Monthly Bisi, we need to wait and see what NFP on Friday does to gat more data. If Weekly candle closes above that black line there will be a potential for weekly swing low to form. However NFP can also completely turn Bias and flips sides so we have to wait that it passes to get accurate further read.

🔵$ETH Monthly Chart: Monthly chart looks promising(bullish), but we have to wait that Daily realigns and flips back bullish first.

🔹M Erl will be the target once Daily flips bullish, if that does not happen theres no Target.

🔹Until Daily is Bearish there is still a possibility for another push lower, that’s why Daily has first to flip back bullish before Setting a target and looking for any buy setups.

🔹Target is All Time High Price