GBP/USD, GBP/EUR, GBP/JPY, EUR/USD, USD/CNY, DXY
OILEX LD ORD NPV, LLOYDS BANKING GROUP PLC ORD 10P, UK OIL & GAS PLC ORD 0.01P, VAST RESOURCES PLC ORD 0.1P, FRONTERA RESOURCES CORPORATION ORD SHS USD0.00004 (DI), VODAFONE GROUP PLC ORD USD0.20 20/21
FTSE 100, DAX Index, Euro Stoxx 50, S&P 500, Nasdaq Composite, Nikkei 225
Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
A Game of Coins
Post turmoil where various outlets including social media, forums and media were burning up with posts and headlines of "we're going under", we have seen a relatively quiet time within the cryptosphere of late.
From a short term view point, instead of creating TA that lays the law of what the RSI, MACD and Elliott wave is indicating, we can cut ...
| Summary |
Fuelled by the perfect storm of uncertainty in Asia, regulatory pressure in the US, lack of market exuberance and over extension in price action, the 100d MA Bull to Bear Cycle has now completed with price action hitting the 100d MA support on 16/01/18.
The current cycle lasted a total of 124 days, which is an over extension of 8d past the average ...
| Summary |
I'm revisiting one of my previous TA & Market Analysis pieces circa a month later - the BTCUSD 100d MA Bull to Bear Analysis
Charting the bull to bear price action back to 2012, I was able to then create a picture of the market cycles based on the 100d MA acting as support. My rationale behind this was that as markets are cyclical I wanted to gain a ...
A nice example of the market buying the rumour and selling the news - XZCBTC had a great run up in 24 hours.
Znodes (XZC Masternodes) were launched at 7:21am UK Time and you can see the spike in price, and the subsequent sell off once the market had adjusted for the news. RSI indicated it was time to cut short and take profit around the same time as the news ...
A Game of Coins
With the relatively "stable" price action currently on BTC, there is an air of "what's next" amongst traders and investors.
As you can see from the hourly short term chart, the current BTCUSD price action over the last few days has been in a range of between 14K - 18K, give or take a few spikes. As such, the circa 30% fluctuation is nothing to ...
Following hot on the heels of LTCUSD, ETHUSD is having an exuberant run on the price action.
There is a good amount of volume to back up the price action, however, not in the league of LTCUSD.
Support Levels at:
1) ~$535 USD - this aligns with the 0.618 FIB level, and I would expect this to hold in the near term
2) ~$510 - aligning with the 0.786 FIB level - ...
We are seeing spectacular price action on LTCUSD with volume to back it.
The current extension reaching ~$400 LTCUSD (Coinbase) appears to be relatively sustainable, given the macro forces at work:
1) Litecoin marketing push
2) The cognitive bias and public perception of Litecoin's price being "cheaper" than BTCUSD, as such, more people are placing buys
3) The ...