Greenback reached 98 mark and is starting to show signs of resistance on 4hr TF. On one hand could break through and work its way back up to 98.93 which we saw two weeks ago- move could be supported with positive CPI data that's scheduled to be issues later today. On the other hand growing recession fears, as signaled by the US 2-year-10-year Treasury yield curve...
NYSE:CBT What would I do when the price comes close on these two clear levels? I will be on the side where the statistic gives favorable results. If you are curious soon you will receive information that you can use to learn how to trade in the financial markets. Trading is not particularly difficult or unusual. A company also trades: on products, on services, on...
BtcUsd (3D) The straight inclined diagonal lines are trend lines. The dashed lines and colored boxes are support and resistance levels.
June -3 WANBTC was rejected and since then its been freefalling. WANBTC has lost 50% of it's value and selling for lower than its market entry price. AS the Related chart shows: The Retracement period looks to be finish. Entry - Two days ago. Now, going long on WANBTC. What the chart shows: When the cloud is below WANBTC, we are in a bullish scenario. When...
Hi All, It's all in the chart: if you plan on entering this trade please don't risk no more than 2% of your capital. The market is random, TA can only help us with getting a 50%/50% hedge on capital. So it is Imperative we always use stop loss. Swing traders: Statistics and probability are on our side. Don't worry about being right all the time. You just have...
Hello All, It’s becoming much difficult to tell where BTC is heading. Analysis from a macro prospective: Currently we have Asia Pacific retailer investor. Crypto market only seem to have smaller institutional investors. Crypto Exchanges seem to be getting hacked every week. Crypto does not have a killer game or dapp for mass adoption. There have been zero...
Hi All, BTC is currently at a crossroad. Not really sure where we will end up. BTC was rejected during its uptrend to 6800. If the bulls can not support 6500. Tehn I see this as a 70/30 split. 70% BTC retrace back down to 6400 or 6200. 30% BTC makes higher lows @ 6800 and stay above. Remember people we have been in a bear market well over 5 months. The...