Hello everyone, Ever since the early days of Bitcoin, skeptics have always asked – is Bitcoin a bubble? Is it just another inflated and overhyped trend? The concept of the “Bitcoin bubble” has intrigued people for many years – there have been a lot of calls and claims that the “Bitcoin bubble burst” happened on different occasions throughout time – but the...
Today gold finished the week at $1,743 - just on top of monthly resistance. This is an important area because it's on every trader's gold chart, and is prone to fake outs for that reason. As pointed out in my chart this area has produced 4 fake outs to date since May, but is this one different? What I would like to see next week is for gold to stay above this...
The crypto market is following the stock market lock step. While the stock market as a whole is lagging, tech companies are propping up the market and have returned to their highs. Case in point with XTZ, while BTC has returned to it's pre-crash level, XTZ has not. It's trend has lagged and it's now forming this head and shoulders pattern. The only thing saving it...
In this idea I will break-down all the price action we have seen over the last few months and explain where I believe we will be headed in July 2020. I base my decisions for this analysis mostly on big world events such as COVID-19, GF, and the recent correlation of bitcoin to the legacy markets. All of this is available for free, please give me a thumbs up if...
If you asked me 2 years ago Snap would be outperforming Twitter by 50% I'd say you're crazy.. Always interesting and fun to pay attention to some of these ratios that do not have broad market implications.
I think it's quite likely that we're going to revisit the MA200 one last time, as a final shakeout, before any kind of rally can start. The stock market looks as if it want to commence a second dump wave, therefore, it's quite likely that btc will follow to some extent. However, it will not follow as strongly as last time, because now, we are in post halving...
While BTC has been the dominant crypto-currency in both capitalization and percentage growth, we expect this to change in the short term, or the so-called "alt season" appears to be in its very early stages. Bitcoin's dominance registered a temporary high near 73 and we are now likely headed back towards the prior fourth-wave low of 52 (chart 1). Meanwhile, alt's...
Last week , we noticed how the S&P 500 was trapped inside a range from the June 16 spinning top candlestick. Prices remained within that range until Wednesday’s sharp drop, which may now create the potential for more downside. The weekly chart has some warning signs. First, there was a bearish outside candle in the week ending June 12. That came after the Federal...
The strong selling pressure is contained in a simple chart,good luck
Gold is not a fast mover but nonetheless is proving to be resilient and creating higher highs and higher lows despite obstacles along the way. The global pandemic forced price down rapidly to the 200 simple moving average in March of this year. Price quickly found its footing and soon began rising and breaking above previous highs. From April 14th 2020 price...
📍 EURUSD G10 FX Strategy The analysis of this starting position shows us two important triggers to conduct additional entries to our long positions. => A flanking manoeuvre is underway, but also a quick-witted fundamental swing; the euro's transition towards a funding currency and eurobonds saves it from collapse. As long as this expectation exists, the...
Strong Bearish Signal: The price demonstrated a huge drop supported by large institutional volume and broke through the previous support level. Moreover, the large negative delta shows that there is a large imbalance of the sales. Volume Zones: We need to point out the support level 1.420 - 1.445. The price is now trading inside it. Consider Short Positions:...
Hi friends hope you are doing well and welcome to the new update on Kyber Network. The KNC has surged more than 930%. Therefore in today’s post we will try to have complete analysis how how the KNC surged and what the price action can do next. A big butterfly move: Last year in September 2019 I posted in article on tradingview. Where I revlealed that the price...
Bollinger Bands Timing for options trades relies on many price signals and confirmation. Even so, knowing when trends are likely to continue or to end is a skill of its own and many traders have timed entry and exit poorly because the trend was misread. One signal helps overcome this problem. Bollinger Bands (BB) track the trend with three bands. The middle...
ZEC/USDT -broke the key resistance area at 55s -retest new potential support 55-53 -upside potential is up to 73s -enter a Buy at the current level -or wait for the break of minor resist at 59s -key stoploss is placed below 53s
USDJPY bull pattern got rejected yet again from the March top at 107.500 area. We can sell from here as USD remain weak againts all major pairs and take our profits from 106.75 to 106.20 levels. A breakout above 107.70 will be bullish watch.
I think this coin can move upwards quite a bit. Broken out of falling wedge with increasing volume. Will be watching out for resistance and reversal at 8000 levels (white line) otherwise I can go further up. Bouncing off from fib's golden pocket so it should move upwards.