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- THE INDICATOR - Market Sniper Recap #55
THE INDICATOR - Market Sniper Recap #55
Thanks for tuning into THE INDICATOR - Market Sniper Recap, where we'll cover a quick snapshot of the last week.
In this issue you’ll find:
Crypto Corner
Traditional Stocks
Twitter Highlight
Julian’s Video Update
In the Week Ahead
Thank you for your continued support!
Market Sniper Mission
To build a community of like minded traders, where we can grow and snipe targets together in an up or down market.
Crypto Corner
Bitcoin
The 2-week #Bitcoin candle closed so it flipped from a pending to a buy signal. ✅
• 3-week candle also flipped from pending to buy✅
• Monthly is still pending & will be pending for 7 daysThis possible scenario was laid out in the discord in detail multiple times in 2022.
— Jesse Olson (@JesseOlson)
12:30 AM • Mar 27, 2023
The #Bitcoin tight target/support area with several reasons why to retest this area is $25,450 to $25,650.
If price doesn't find support & bounce from there, then I would be looking at $24,500 next & then $23,500.
— Jesse Olson (@JesseOlson)
4:24 PM • Mar 28, 2023
Updated #Bitcoin higher time frame charts:
• 2-week had a buy signal
• 3-week had a buy signal
• Monthly is pending a buy signal— MarketSniperPro (@marketsniperpro)
4:03 PM • Mar 30, 2023
On the monthly chart, #Bitcoin's pending buy signal will soon turn into a buy signal.
Last 2 monthly buy signals were:
• April 2019 Bear Market Rally (lasted 3 months)
• April 2020 Bull Run (lasted 20+ Months)— Jesse Olson (@JesseOlson)
7:54 PM • Mar 31, 2023
Traditional Markets
Nasdaq
$13,000 $NASDAQ, the probabilities continue to increase of hitting the 2nd target.
— MarketSniperPro (@marketsniperpro)
4:13 PM • Mar 30, 2023
Silver
daily #silver candle is on 🔥
— Jesse Olson (@JesseOlson)
4:42 PM • Mar 30, 2023
Twitter Highlight
Seen this before, $AMZN comparison to #Bitcoin is no longer valid.
Insert nintendo fractal.
— Jesse Olson (@JesseOlson)
12:18 AM • Mar 28, 2023
Video Update from Market Sniper @JulianDeFi
Please like and follow Julian on Twitter, subscribe to his YouTube channel and check out his new Book "Bitcoin Unveiled: The Digital Revolution of Currency": https://www.amazon.com/-/de/dp/B0BZS9...
In the Week Ahead
SPX made an incredible run up, ending the week in the green. A technical pullback would be healthy, with 4000 as the first level of support to watch. Prices will want to remain above 3950 to maintain bullish momentum with 4200 as next level of major overhead resistance.
28,700 remains a strong level of overhead resistance for now. Prices will need to establish that level as support before a sustained move higher. If prices break down, 25,000 will need to hold to favor the bulls. Share
Important Note
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Disclaimer
The contents of this newsletter are expressed in my opinion only, none of which is financial advice. Always do your own research as this information is intended for educational purposes only.
Any suggestions, comments or questions, please feel free to direct message me on twitter @JesseOlson. Thanks for reading!
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