I have set alerts for this The ISM manufacturing index or purchasing managers' index is considered a key indicator of the state of the U.S. economy. It indicates the level of demand for products by measuring the amount of ordering activity at the nation's factories. people are going to stop buying cars, stop spending money and demand will stop. Suppliers have...
Bullish case: We have entered the golden buy zone, when btc is below the logarythmic growth curve and gaucian channel 5 times in bitcoins life. Average time spent there is about a year. We are currently at the 2017 high, and 63% from bitcoins ath (all time high). Bearish case: Bitcoin has closed below the 210 weekly moving average, which it has never done...
I have plotted the 4day BTCUSDT price action, and have Market Cipher B plotted below. Section A: higher highs on price and higher MCB hills Price kept rising, and so did the peaks of the MCB hills Section B: We made a higher high on the price, but the MCB hills had a lower high. This divergence indicated that there was a reversal in play Section C Positive...
lets go! trading alt coins based on the movements of bitcoin. Really hopefull!
I placed a trendline from the bottom of the 2008 crash and market out the possible bounce points for the current bear market crash
The previous post was about the total market cap at the 200week moving average, marking what i believe is close to the bottom for btc This post shows that the total 3 (excluding btc and eth) has not reached its 200w moving average, and possibly has further to drop I do expect that until btc has a higher high and retraces, alts will only bleed on larger time frames
Does this mark the bottom? Is it time to buy? It always looks terrible at these points, but: Bitcoin is not going anywhere New wallets are added every day Halving is around the corner The need to a store of wealth not in control by governments is visibly needed worldwide I say this is the time to buy
what i see with ada, a lower high than the last - and a confirmation of the trend. 1hr is oversold but 2hr is overbought. I would look to short
On the log chart, the composite crypto index, has printed a green dot. in the charts you can see that this coupled with a test of the trendline generally tend to lead to a rally. just interesting to see what will happen in the next few weeks
Matic seems to be breaking fib levels and the coming back to confirm. Currently in no mans land, going to wait until the 15 min, 1 hour 4 hour are oversold and bought. Price is dependant on the movements of bitcoin
High volatility as bitcoin starts to come to the end of this phase. I think a break of the structure and then a retest is a likely move. Currently looking to take some scalps on smaller time frames on alt coins
dxy on 4 day looks like it can still drop further currently sitting on the 50% fib retracement, but the stoch rsi suggests it has room to fall
Bitcoin since the drop has been trading in its range between 28700 and 30718 for 19 days, and has just broken out of its short term structure. The daily Stoch RSI and the 3 day are pushing towards a short term relief rally for bitcoin Short term target is 35800 - a rise of 15%, before I expect the price to drop to the lower levels of 23600 which would be a 33%...
with a potential wick down that could give some rise in alt coin prices
You can see a break of rsi almost always leads to a rise in the value vs bitcoin. However, as the rise of alts over btc cycles towards a retracement for the value of btc, this can be seen as a potential eary warning for btc to start declining in usd value
what i see... might test the trend line first seems to be losing the drive upwards to close above current fib line. Divergence on the price vs market cipher b blue hills (i dont know what they are called)
nasdaq looking for downside after breaking weekly rsi 30
RSI is almost at 30, which means that if it breaks that it could see acceleration to the downside