hilomorningbrief

HiLo Morning Brief · Oct 22 — Breakout Retest: BTC Support Near 83K in Focus (1/2)

Good morning!

Yesterday, we noted that BTC and ETH had both broken above their descending resistance lines, creating room for a short-term rebound. The market moved higher overnight, with BTC briefly reaching around 84.8K in one of its more notable rallies this week. ETH followed. Although the broader market did not rally sharply, several major coins began to turn higher, and the market has generally been rebounding in a choppy fashion this week.

ZEC has rebounded sharply over the past two days, rising more than 25% from a low near 1,060 and leading the market for now. SOL and BNB have also posted short-term gains. For the time being, however, it is more prudent to treat this as a rebound; its durability will depend on whether other major coins continue to follow.

On BTC’s 4H chart, price has moved above the rebound highs from the previous two weeks but has not yet made a new swing high. For now, the move is still best viewed as a rebound. Price has started to pull back again, so follow-through remains unconfirmed. Watch whether support near 83K holds.

ETH is showing a similar pattern. After breaking above descending resistance, it is now retesting. Watch whether the area around 2,440 holds. If price holds there and stabilizes, another rebound leg remains possible.

#HiLoMorningBrief $BTC $ETH $ZEC #CryptoMarket

HiLo Morning Brief · Oct 20 — QQQ & SPY Short-Term Recovery (4/4)

In U.S. equities, both QQQ and SPY pulled back after moving higher. The current action looks more like a short-term recovery following last week's sharp selloff, and prices may continue to consolidate above 700. Please refer to yesterday's chart analysis.

For now, watch support and the strength of the recovery before calling direction.

#HiLoMorningBrief #QQQ #TradFi #Stocks

HiLo Morning Brief · Oct 19 — BTC Holds 80K Support (1/4)

Good morning! Friday's sharp selloff in US equities pulled crypto lower over the weekend. Apart from BTC, most major coins made new lows for this correction. Prices began to stabilize early Monday, though a fresh batch of hourly lows may still appear.

BTC has tested ~80K several times this past week without extending lower, while low signals are showing up more often. The market looks to be searching for a near-term bottom.

Key levels: resistance near 83K and the descending blue trendline; support near 80K. This week's focus: can a local rebound take shape?

#HiLoMorningBrief $BTC #Bitcoin #CryptoMarket

HiLo Morning Brief · Oct 22 — Commodities & U.S. Equities (2/2)

XAU has remained weak in a low-level range this week and has yet to establish a clear direction. It may continue lower in search of support. CL remains in a high-level consolidation; watch whether it tests the previous high near 102.

In U.S. equities, QQQ and SPY have pulled back in a choppy move. The signal board you provided shows a 2H High resonance for QQQ and a 1H High resonance for TSLA, along with 1H high signals in several technology and storage names. These signals may create near-term resistance for the rebound. If QQQ fails to reclaim 730 this week, a further correction after consolidation remains possible.

The key near-term levels are whether BTC can hold 83K, ETH can hold 2,440, and QQQ can reclaim 730. Until key support and resistance levels are confirmed, focus on whether the rebound can continue and how risk conditions evolve.

#HiLoMorningBrief #Gold #CrudeOil #USStocks #QQQ

HiLo Morning Brief · Oct 21 — Commodities & U.S. Equities (2/2)

XAU continues to trade at low levels. CL reached around 101 yesterday before pulling back sharply, but is still attempting to move higher. It may remain elevated for some time, with room above 100; watch whether the upward move can continue.

In U.S. equities, QQQ and SPY have stabilized and moved higher, helping the three major storage stocks find support and recover. Low signals also appeared in several crypto assets overnight, which are now in a rebound phase. Continue to monitor whether these signals follow through and how strong the rebounds prove to be.

#HiLoMorningBrief #Gold #CrudeOil #USStocks