I'm not entering long or short on this time frame. I explain why. I could well be wrong as I am around 60 to 70% of the time. I may look for a trend on a lower time frame that is favourable, but I'm not hunting for one as I have enough positions open at the moment.
Looking at forward indicators against the SPY including Copper price, SOX semi-conductor ETF, ADR and Yield curve.
Yield curve inversions preceded recessions and stock market declines (by 3-22 months). fred.stlouisfed.org
Morgan Stanley predicted end of economic cycle in 2021. www.morganstanley.com And it looks like a yield curve inversion will occur in 2019 or 2020. fred.stlouisfed.org I combined the above ideas and drew a green line staying in the current bullish trend channel. I drew a red line showing a delayed bearish reaction after a yield curve inversion. Recessions...
If yield curve inverts in 2019, there are four likely outcomes.
just looking where those curve uptrends could go to
Looks like curved out to me and just rising faster now. From what I learned when studied crypto, price does not matter. Its the chain and tech #doggonacci
Huge move for bitcoin expected. Those are my main TA sign for a bullish move 1. Double Dip in RSI & $ price ($5750-$6000). 2. Consolidation, BTC went almost stable. 3. Curve trend movement, correction seems done. _________________________________________________________ Very buy, because expecting it would go much lower, might be the new wishful thinking in...
We’re at the end of an eleven month pattern where Bitcoin has continued to disappoint and shed bullish sentiment. I expect the chart is self explanatory. The lower highs and higher lows will meet each other this holiday season and, with that, cause Bitcoin to learn what it is and how it will be for the next six to twenty six months. There is no insight I could...
Dont ignore the curve moves, they tell about the pushing. 06th SEP is next decision point, 06th May was day of reversal. Dont be too surprised PLS, such bullish #doggonacci
-that second black 1, like repeating maybe. Why not lol so much \W/ (O) \W/ /Z/ such bulls such bears tc! nature amaze
Measured moved based on H&S break has this moving approximately 10%. We're currently looking at a retest of the break, but it's fading fast. When combined with the record net-short interest here, this could be a fast move, and could even invert the yield curve in one fell-swoop. If so, this would be reminiscent of the 2000 yield curve inversion, which happened...
So don't buy this action please. Look the pattern -> www.chartpattern.com
NOTICE : I put this idea in previous chart but it seems that it had some problems in showing chart so I published it again. To know what I'm talking about and have a clue i linked my previous chart about bitcoin 4.16% . I explained the idea there and you can check it out from this link . So anyway I think BTC 4.16% has fallen to its bottom and this is time to...
To know what I'm talking about and have a clue i linked my previous chart about bitcoin. I explained the idea there and you can check it out from this link . So anyway I think BTC has fallen to bottom of its price and it is time to see a new season in bitcoin. A new bullrun. I think it is close to happen :)
BTC tanking and doubling this month looks very possible
NPXS has been very quiet since listed on Binance. This coin was traded only on small exchanges and now has got a lot of popularity. As the new coin on Binance, of course, it has been falling down like others. Now, NPXS has finally broken the resistance line which everyone has been waiting for. Also, there is a nice curve which exactly touches every dump on NPXS....
The weekly chart shows, it is going to break the correction curve finally to swim upside of it. Indicators especially RSI saying much yes. Me expect ~ for the breakout *WOW*