Bitcoin price hitting a 7 year long daily support zone. I don't see a single day candle closed below it. Maybe this time we break under it and break the trend, or bounce from here and keep the trend.
SPY is currently above a major support line. The white line shows that SPY is barely holding onto it's strong uptrend. I personally think SPY will slow go upward to around 465 zone, and attempt to retest all time highs before July. If we go under 430, SPY will continue to proceed in downtrend. The recession is on the horizon but I still think we have a few more...
BTC/USDT is ready to go up. It has bounced off the SMA line very nicely, so that was our confirmation. I will be riding it until it hits the top of the channel.
Things are looking fairly bearish aside from the bear fakeout from the flag. The fakeout only brought us back inside the bearflag though making it still very much in play. Probability still favors a breakdown and it will likely take a rare inverted bart to nullify the bearish momentum and send us upward. One slightly bullish thing at the moment is the green dotted...
Alright, looks like Monero (XMR) has been overbought and a short position would be the most optimal here.
We have crossed the support line which supported this current trend, and now the market is looking for the new support level.
Given the current base support line, I think a very reasonable target price would be $230.
Trade cautiously!
The NZD/USD has reached one very low point.
In this trendline he has reached the support line so it can be a long trade with a good target set on 0.67800 (resistance level of the higher low).
But watchout for a breakout ofcourse!
10 - Year Treasury Note.
Long entry on Support Line.and 38.2% Fibonacci Retracement
Stop loss below Resistance Line Level.
Take profit at 2.79
See below the links TYX 30 - Year Treasury Bond
