SUMMARY: Long, come January investor will return to risk-on and allocate towards SPX. MACD signalled bullish cross on the daily. Also, price is above all the EMAs and formed a highler low. May break the ATH end of December or early January - it is extremely bullish for BTC
A quick Bitcoin update - BTC is currently consolidating , after a 4 weeks decline in price. The MACD and RSI are indicating selling pressure is extinguishing. Could be a few more days to a week before bulls take charge. We may see an sharp push to the upside, like we did the end of September. I hope you find this quick update informative. Please hit the LIKE button.
SUMMARY: Why Bitcoin is Macro Bullish. I compared several indices to build the Bull Case for Bitcoin in the short and medium term and why this recent dip is a buying opportunity. Firstly, we look at the S&P500 (SPX) to understand why it is in a strong bull market and why its matters to BTC. Secondly, we look at the TOTAL crypto market cap and why the recent...
SUMMARY: Long, V shape recovery from Omicron scare and momentum is strong for techology assets. The price is back above daily EMAs and the recent pull back has taken the heat out of the indicators. It is good for bullish continuation. I prepared this analysis as a supplement for a Bitcoin review.
SUMMARY: Long, a good level of support to enter a trade is when price retraces back to the daily 200 MA. Every time price touched the 200 MA, there has been an explosive move to the upside.
SUMMARY: Long, we will see uranium prices rises for the coming decade, driven by the need for Carbon free energy and the cost of Carbon skyrockets across the world. Investment is pouring into Uranium projects and demand for nuclear energy is rapidly increasing. Many new Uranium ETFs are becoming vogue since the start of the year. Below is link to Carbon price....
SUMMARY: Don't touch, these are inefficient financial instruments and one is better off buying and owning Bitcoin itself. There is a huge administrative cost to owning an ETF, in addition to the costly futures contract that underlies it. The fund portfolio manager needs to paid; the exchanges need to be paid for opening the futures contracts, there is large...
SUMMARY: Short, it will continue to track down; however, to a tool to predicted the BTC cycle top would not be the best indicator. Chart Notes The trend is down as part of a 5 Elliot Wave impulse and has formed a descending triangle both bearish formations - both bearish The massive increase of stablecoins into the index is diluting its predicative power, other...
SUMMARY: LONG, last dip of the year before institutional FOMO kicks into overdrive. Back tested the 200MA and held support and super strong rebound ( can only happen in a massive bull market). S&P500 has rebounded strongly , risk is on.
SUMMARY: Long, this may be the last heavy correction before the end of the crypto Bull Market that started in October 2020. Cardano is one of the most solid blockchains available and is 60% off its recent highs. Are you buying this dip? The sell off was driven by the BTC dump , extended further by leverage flush. Also news that BitTorrent was delisting ADA....
Summary: Long, after a 20% pull back , inventories continue to decline in Europe and demand is increasing in India and China. Holding the 50 EMA on the weekly plus a Golden Cross. Price sell off trigger by concerns over new Omicron Sth Africa variant and new lockdowns in Europe , prompted a global sell off on risk assets. Also, DXY/USD has been strengthening...
SUMMARY: Long, ADA has been pulling back for 90 days and lost about 60% value same as the May crash. Support at $1.20 has been back tested and RSI & STOCH are oversold. Also, BTC & ETH have found support and holding with fear at all times highs
SUMMARY: Short, any downside would be limited as a big flush as already taken place. Target would be the previous swing high $52k support. After the completion of the wave, expect a very strong uptrend for the rest of the year. Please HIT the --->>> "LIKE" and "FOLLOW" button. <<<---- *Not financial advice and is for educational purposes only. Always DYOR.
SUMMARY: Short, economic damage to the Turkish economy is going to be severe; its' citizens will become poorer via wealth destruction and purchasing power erosion. Turkey is slashing rates in the face of rising inflation – which only developed economies can, while not understanding “transitory”. As the lira collapses against the Dollar, Ankara seems to be...
SUMMARY: Long, insufficient global supply , it is a critical component in rechargeable batteries. Both Lithium and Cobalt are expected to rise exponentially. These are not easy trades to play. We are looking at a new commodities super cycle, partially kicked off by excessive money supply creation. Rising DXY will help suppress rising commodity prices a...
Summary: long, there is insufficient lithium in the world to meet rechargeable battery demand. Bullish on the weekly and monthly TF. Core component for: electric cars, electric bike, solar systems for homes, laptops, etc.. It is probably that Lithium 2-4x going into 2022. Simply insufficient Lithium capacity as metal goes from zero to “gold” status for the...
SUMMARY: Long, we are moving into the final leg of the Crypto Bull Market and higher crypto prices will push COIN's profits and value to new ATHs. We could see a 2x in Coinbase's price from here in 2022, providing a technical target $800.
SUMMARY: Long, BTC has gone through 2 levels of distribution as appears to have completed a Wyckoff pattern. BTC is now in a Falling Wedge pattern and is holding the market structure (purple line) So far, it seems there could be a wick down to the 50k support or equally bull trend continues next week. RSI and Stoch are both oversold on the Daily. BTC is...