-New money over the next 24 hours will flood Bitcoin
-Wall street opens @ 8:30 tomorrow morning and decides wether we go up or down at previous resistance
-In the end the little guy cant move BTC like the makers and futures on wall street can and that is why tomorrow morning will decide a lot for BTC in the short term.
-Careful trading, but new money over the...
Ok so here is a possible situation..
BTC Is being pumped (parabolicly) buy big money investors until the launch of CME futures on the 17th Dec 2017.
This is when they will open a short position on BTC and dump their holdings. FUD will start to spread and panic will set in.
People will panic sell and the price will plummet to around $10k.
*Please note*
This is...
The divergence between these indexes is reaching an extreme in my opinion, even considering the Brexit concerns in the UK, I think this will correct somewhat before the new year.
After a record breaking run, US30's price action has taken a break - and found itself in a tight range. This might indicate a break to the upside is on the cards.
The price appears to have found a support zone, and is still hovering well above the rising 72 period simple moving average.
Furthermore, the US 10 year bond yield ( US10Y 1.21% ) has risen, indicating...
The Dow Jones just won't stop rising and so the bias is a buy.
Opportunities to buy are short right now as ideally you want to come in on a correction structure with the closest one at the 23000 level. After that the Fib levels are some way lower so you'd need quite a decline to get in on a correction. Luckily President Trump is prone to causing world wide fear...
It is possible usdcad to continuing downtrend based on perfect retrace and bounce on d1 time frame, this is the key level to watch. Feel free to comment my analysis :)
SEI Investments announced on the 20th of Sepetember to form a Block-chain partnership with a company based in London, this is a clear strategy to boost earnings as block-chains are becoming a popular thing in the investing world,
on the same day of the announcement, the stock broke Resistance at $58, price is currently up 7% from the announcement, Stop at $61...
U.S Federal Reserve hinting another possible interest rate hike in December has changed our time target for Gold. Earlier we were expecting the yellow metal to halt the uptrend in last week of September, instead, we are now looking for that High to come in late by almost two weeks. The current drop should terminate here and Gold should resume the uptrend. Going...
Looking at the CAD/CHF I see that a double top pattern formed. It is at a key level and the bears are taking control. For all of the swing traders out there this is a perfect setup for success. I'm more of a direct trader therefore I am a technical analysis type of guy. Currently the market is at 0.76945 and by the looks of it you should catch pips. I'm up $800...
