4h divergence never messes with you. 4h divergence is a real play for the gainers. Lock in your positions the moment this market opens up on monday
A double top just formed as well on 4h and an overbought rsi on the 70 also showed up
What else do you want?
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I want to start the morning by not posting a usual trade idea setup.
But to talk more about the methods I now use for my trading and how they have alleviated negative feelings which can occur with trading.
A while ago I opted to switch to an systematic objective based approach for my trading.
This was down to numerous factors which you will find on the drawings...
A dollar surprise can still hit. There is a last line of defence for the Dollar.
Price has come into a structure area, either a double-bottom or triple bottom, and the 3D ATR line is just below price.
Some say that the US Dollar is bound to crash. That's not necessarily true. Read up on 'Dollar Smile Theory'.
Disclaimer: This is not advice or...
The charts are now changing... This is the total cryptocurrency market capitalization, Bitcoin + Altcoins.
Today, we have the highest volume, bear volume/red, since February 2021.
Yesterday, TOTAL close below EMA10 and EMA21 with EMA50 being tested today.
We have bearish cross on the MACD and the RSI is dropping...
The whole cryptocurrency market...
Hey, Alkalites! As you can see, BTC Dominance is again uptrending. This means that big investors are moving money into Bitcoin, leaving Altcoins undervalued and starting a new crypto-cycle. However, we should be careful with Bearish sentiment near the 200EMA.
If we confirm this, we will start our long-term portfolio, looking for the next bull-run. We will keep you...
There is strong trendline resistance up front and that too will collapse with opening. BNF can continue to make LH-LL.
Trade plan on gap up: possibility of small pullback before continuing journey towards 36000. Go long after the retest of trendline.
Gap down: this will be a continuation of LH-LL pattern and can be a big fall.
Neutral opening: go long above...
There are two key steps to creating alerts:
1. Find Important Price Levels
Do your research. Find a price level that looks important and wait. Patience is everything. You have all of the tools available to you to research and follow markets. Whether it's a simple trend line, moving average or a custom Pine Script, use the tools to make better decisions.
We are confident that us30 will continue long an create new highs.
I still see $(45000) As and end of year target or possible higher on the DOW.
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Recently we had a break out of the descending wedge after getting a higher low. The breakout failed to break a significant level (94.6) level which is why this was a corrective break set up. As it was a corrective break, we saw a deeper complex correction.
Price is currently testing the higher significant low (indicated on the chart), which...
Use the BTC.D chart to see where capital is flowing in the Crypto market... Into Bitcoin? or out of Bitcoin and into Altcoins.
We are at a key decision point for the market right now so you can be a step ahead of the market if you are watching this chart in particular.
S&P500 (SPX) Hyperwave - have we entered phase 4?
SPX is potentially one of largest hyperwaves ever. Tyler Jenks predicted between $5600 by 2023 to $7500-10000 by 2025 (conservative/aggressive targets).