WhooperSwan

WhooperSwan

The inverse correlation between USD currency index DXY and BTC is well known. Now DXY is kindly letting us know that it is going to turn its price action up, at least temporarily. There is a very distinct bullish divergence forming on RSI, the same way it formed in August. Then the price of DXY made three lower lows while RSI was moving up before the price started...

WhooperSwan

We are approaching the crossroads of three trendlines, each of them having potentional impact on the price action of Silver. The price has bounced down from the upper blue trendline every time but once when it continued to test the resistance above it, but still retracing nicely below the trendline during the same day. The lower blue trendline has acted as support...

WhooperSwan

Gold is following the channels down, mostly obeying the middle green channel but spending some time also in the red channel above it. Gold has during its descent made only few peaks to the outer grey and turquoise channels. Intresting to note that during this correction Gold’s price action is performing the second time the same pattern - first testing the lower...

WhooperSwan

Swell, thank you. Upswing took place just as wished for earlier. Now the intension is to gradually calm down with the volatility and continue sideways. The present price action is more or less identical with a similar situation in early May. Then, during the 50 days BTC was trading sideways, BTC.D dropped by 9 points. That was reflected in the altcoins...

WhooperSwan

Not very well, I am afraid. Nevertheless, as an idealist and an optimist I would like to save the world one share at a time. The renewable energy and EV stocks are mostly very expensive at the moment. However, this $BEP (or $BEPC if you wish) is almost reasonably priced. In addition, there seems to be clearly distinguishable hidden bullish divergence on both RSI...

WhooperSwan

Well I don’t know but, so far, the HL trendline is holding well. There is pronounced hidden bullish divergence , and luckily, the higher TFs are still very bullish. I hope to see 19k tomorrow and sideways movement for some time. Trade well and take care. Cheers Whoop