I usually keep an eye on TOTAL to get a feeling about the overall crypto market bias. Just like I keep an eye on DXY when it comes to Forex. From a long-term perspective, the WEEKLY chart on the right, we all agree that we are still overall bullish. Technically we are trading inside that big brown channel, and we are currently in a correction phase after...
the weekly trendline is very important since it was respected before even on the small TF the false breakout on 1h TF is another confluence.
Happy Holidays from The SHARK. Let me take the mic today and say some things. I'm Only here to help. I have no side agendas like your favorite, twitter youtube posers. Lets just re-round some facts. ***24% of all US dollars circling the globe have been created in the last year. Is there any wonder where inflation comes from Senator Warren? Bitcoin is a sponge...
Given the market volume and the upward trend of bitcoin in 4-hour timeframe, we can hope to complete the icp head and shoulder pattern.I see higher goals, but let us gradually analyze them
*Punctuality will pay off* It's hard but surprising...
DONDODAS ORIGINAL , Btc USD 4h, i am analysing my DONDODAS chart
No matter how much analysis you do, there's always value in zooming out and being confident in your geometry. Should the channel remain and the lower trendline hold, we should be on our way to another big jump in the ETH valuation. HODL strong my friends, but don't be greedy! Always do your own due diligence and research.
Its very tuff trading only One Pair. What I do though is to have a weekly risk limited, so if I only get one trade per week I will increase the risk but maintain my loss limit. This trade was a B trade, this was a range bound trade. Which is simply selling ceilings and buying floors. I was a bit hesitant for this trade, because the DXY created a floor and...
seems like we arrived at the bottom of the channel we will form another channel to the downside or we will maintain the same PA? I will go with the first way considering the position in which $eur is right now
Here on the 15min. A little consolidation, I'm going to wait for clean/strong break and look for an entry on the 5min chart & ride the wave.
I will wait to see how it develops, I think it's going to touch $22.50 range, may slip little bit further before it turns it's direction upwards. Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
This looks like a really good retest so far. Broke trend line, Retest and possible short?
This is a spot trade idea to hold a while until good gains. Entry around 28-29 Sell up high play it by ear 47. 70% plus gains. Patience and hold through the good and bad till good profits.
Previously I wrote a brief note explaining caution for the US Banking industry as illustrated by XLF. This is due to: - market risk of a broader market pullback - as currently being experienced - impact from Covid-19 variants like Delta etc., - the cumulation of record high bank reserves (cash) which serve to stress Bank Capital and Capital adequacy ratios....
Parabolic Growth - A Quick Note Positives parabolic growth rates occur when both Growth is positive , and the Rate of Change is also increasing - the 2nd derivative is increasing in calculus terms. Obviously, the rate of geometric growth can only increase so far, otherwise price change would increase infinitely! Parabolic growth on daily charts and lower...
I am unsure where EU wants to go as there as a few plausible ideas. 1- price has taken flat highs, london malnipulation for new york reversal. Driving it to breach the daily low. 2- price will continue to climb higher to take the high.
With NFP Approaching tomorrow the markets have been slowly losing momentum and some liquidity taking should be expected Daily structures don't seem to be broken aggressively Taking a patient look at what happens today at New York open
cad jpy was in bearish momentum and went down to the 84.400 very strong demand level and cane back to 87.100 for a retest look for bearish confirmation on lower time frame and enter short with your own money management always remeber patience with discipline and money management is the key to success