DOGEUSD daily guidance is neutral with a bullish bias. Recommended ratio: 55% DOGE, 45% CASH. * GOLDEN CROSS WATCH . Cryptos experienced the Sunday Scaries today off of rumors that Alameda Research may not be as solvent as expected and Binance CEO CZ announcing that he plans to liquidate Binance's FTT holdings over the coming weeks . Chinese health...
ETHUSD daily guidance is neutral with a bearish bias. Recommended ratio: 40% ETH, 60% Cash. * CRITICAL RESISTANCE/SUNDAY SCARIES WATCH . Cryptos are struggling to keep the bullish momentum going over the weekend as the post-FOMC rally (fueled by a robust October Jobs Report) tries to carry over into next week's big CPI report on Thursday (11/10). Chinese...
BTCUSD daily guidance is bullish. Recommended ratio: 90% BTC, 10% Cash. * SUNDAY SCARIES WATCH . Cryptos are up with a few in rally-mode this weekend; DOGE is currently up 50% in the past 24 hours and rose as much as 80% in today's session and SHIB (riding on the coattails of the DOGE rally) and is currently up 35% in the past 24 hours. This likely has to do...
ETHUSD daily guidance is bullish . Recommended ratio: 90% ETH, 10% Cash. **THIS POST WAS HIDDEN BY MODS YESTERDAY 😔. As you may know, I work full-time as an independent trader. When I'm not trading, I spend time with my wife and dog... and when I'm not spending time with my wife and dog, I post content on other social media as dailytaguy. In the name of...
BTCUSD daily guidance is neutral with a bullish bias. Recommended ratio: 60% BTC, 40% Cash. * BULL TRAP WATCH . S&P October US Manufacturing PMI came in at a 28 month low of 49.9 compared to September's index of 52 , and Composite came in at 47.3 compared to September's 49.5. The rate of decrease in this month's Composite PMI is the third fastest since 2009....
Bitcoin was rejected by the resistance at $19,700. The bulls don’t appear powerful enough to rally. Any substantial movement in the crypto market does not appear likely unless there is a breakthrough on either side of the current range. Earlier this week, the SPX showed signs of a strong reversal which helped Bitcoin recover from the lows that it had formed at...
ETHUSD daily guidance is neutral with a bullish bias. Recommended ratio: 60% ETH, 40% Cash. *Cryptos are mixed with certain altcoins like ANKR ( hot off of APTOS integration news ), ATOM and MATIC up while the broader market is mostly flat. Equities, Equity Futures, Gold, EURUSD and 30yr US Treasury bonds are up while VIX, Energy, Agriculture, 10yr US...
BTCUSD daily guidance is neutral with a bearish bias. Recommended ratio: 48% BTC, 52% Cash. * SUNDAY SCARIES WATCH . Cryptos are largely flat with some altcoins seeing buying pressure as we get halfway through the weekend. Someone has used a car bomb to explode the only supply line from Crimea to Russia and many presume it to be the Ukrainians , which...
BTCUSD daily guidance is neutral with a bearish bias. Recommended ratio: 40% BTC, 60% Cash. *Technically, BTC and many other Cryptos look relatively good right now compared to Equities which have continued to get sold off in favor of DXY and US Treasuries; some may view this is as a decoupling moment, others as a market lag, and me as a technical correction...
BTCUSD Daily guidance is neutral with a bearish bias. Recommended ratio: 40% BTC, 60% Cash . *Cryptos are giving back some of the gains they made last night and are now trading mainly flat for the weekend. The White House administration (once again) urged the SEC and CFTC yesterday to double down on developing new Crypto regulations to protect investors . Key...
ETHUSD Daily guidance is cautiously bearish. Recommended ratio: 25% ETH, 75% Cash. *After a successful Merge, Ethereum is now a Proof of Stake network... and in classic Crypto fashion, it appears to be going through a "Buy the Rumor, Sell the News" cycle. Cryptos, Equities, Futures, Commodities and the VIX are down while the Euro, US Treasuries and DXY are up...
BTCUSD Daily guidance is cautiously bearish. Recommended ratio: 35% BTC, 65% Cash. *Cryptos and Equities started the day off in the green but are now selling off, interestingly Futures, Gold, DXY, US Treasuries and VIX are down while Energy and certain Precious Metals are up on the day. The Merge is scheduled to launch on Ethereum's Mainnet at around 1am EST...
Inj has reached its 'correction limit' let's see what happens with a real annual inflation of +200%. Trade cryptocurrencies at your own risk, don't be leveraged, don't be stupid. 🦈
ETHUSD Daily TA neutral with a bullish bias. Recommended ratio: 55% ETH, 45% Cash. *Cryptos remained relatively flat but to the upside this weekend as US Equity Futures are currently up heading into the market open this week. Gold is down and DXY is up. Economic data is showing a slowdown in inflation and demand leading up to the August CPI print on 09/13 but...
Please write any advice or suggestions. Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed and ask any questions. Thanks for your attention --------------------------------------------------------- Today and in the continuation of this chart, I will post two educational analyses of Bitcoin and Ethereum
ETHUSD Daily neutral with a bearish bias. Recommended ratio: 40% ETH, 60% Cash. *Big day for f**kery. Equities, Cryptos, US Treasuries, Precious Metals are all down while VIX, DXY, Commodities (aside from Precious Metals) are up. July PCE price index decreased by -0.1% from July , and was 6.3% higher than in July of 2021 (compared to 6.8% higher last month);...
ETHUSD Daily neutral with a bullish bias. Recommended ratio: 55% ETH, 45% Cash. *Cryptos and Equities both saw minor corrections at critical resistance levels after China's weak economic data, the Fed minutes and this week's barrage of recession-fear inducing US economic data (declining housing market, tightening credit market, shrinking GDP estimates,...
BTCUSD Daily bullish. Recommended ratio: 90% BTC, 10% Cash . * SUNDAY/MONDAY SCARIES WATCH . Cryptos are enjoying a mixed weekend with altcoins getting most of the gains while BTC and ETH stay relatively flat. The Sunday/Monday volatility seems to be rather tempered this weekend and it's reasonable to expect for more bullishness if Futures open green at 5pm...