Bitcoin threw the dagger into gold just as the Shanghai fix went live, hilarious. Sell the news or what. BTCUSD has broken up too. therefore there is a strong chance we may be charting a bull market into the June 20-25th window with July 8-30 as a reprise. current position is: long ad since jump.
The current micro trend is coming to an apex and the macro trend resistance is just above it. Just below it is a number of horizontal support prints and the top of the 4H could. That would be considered support 1. 410ish is #2. then #3 395-85. ripCorn under 380 is then an option. upside needs to see a green open and close above 439. chances are it zig zags up a...
I dabble in astrology a bit. recently I did a study on certain clashes and conjunctions. here are the examples of when saturn is not effecting bitcoins natal chart against the trading day and what the results look like. there has only been one instance of a draw down as all other times were buys at the bottom or just as accumulation was breaking out.
Google made the same pattern for the 5th time in a row after earnings reports. The price finds it’s way to a key moving average, earnings reports are due, then the price gaps, make a “U” shape, and finds it’s way back down to fill the gap. If the “U” shape plays out them building a short position near the top of the next move seem like lower risk with a higher...
The DXY made the death cross on the 1D chart, aka the 50 and 100 day moving averages crossed to the down side. This is happening with the price touching the moving average support on the 1W chart as well. In the past when this has happened in conjunction with a higher MACD reading the price goes into a considerable bear market. If so the first real support level...
short term is a long if it can open above the 200EMA. long term there is little holding it up and $12 then $8.44-9 if 12 breaks, explanation: www.coinstreetnews.com
it's almost there. the ltc/btc price has been ranging for weeks. if btc can move upwards into the blood moon then ltc should follow after the yellow line is breached.
Description here: www.coinstreetnews.com Short term nearly ready to short. Long term l still loads of long potential.
Friday night, time for some shenanigans, and boy does this chart ever scream it.
sure, why not go long! 1D trying to break above trend. MACD is meh, but the buy volume of the last 2 days is the highest volume in a while. since so many other alts are moving and it is not, averaging here is decent.
Almost time to go long....waiting. Explanation here: www.coinstreetnews.com
description here: www.coinstreetnews.com
Description here: www.coinstreetnews.com
GLD has a bit of momentum in its favor right now, but the price structure over the past couple years is horrid. Gold is currently range bound favoring daytraders. a break in range should provide long to mid term swing traders a more comfortable hold.
called to long this morning, that turned out awesome. looking for a little pull back at the market close. we'll see how monday mornings news cycle is before extending any positions.
DRK has been following a very basic pattern for the majority of it's breakouts. Please see chart for description. Looking for a little bit of downside pressure before popping over the micro trend.