On the Weekly timeframe chart, there is a re-entry occurring in the area of the MA 5/10 Low, with no crossing of the MA 5/10 High observed yet. This absence of a crossover indicates no signal for a deeper price correction. Meanwhile, on the Daily timeframe, an Extreme Buy signal has formed, indicating a potential continuation of the price rally. Additionally, on...
In this post, I want to share why I've chosen to short Bitcoin after witnessing a steep price surge in the previous week. Utilizing technical analysis, I'm confident that the potential downside outweighs the upside, which is why I've opted for a short position with target around $44K - $46K.
The Daily timeframe is forming a Re Entry Buy signal, although the process of forming this re-entry took a considerable amount of time due to the market being choppy. On the H4 timeframe, candles failed to establish continuous selling momentum but instead formed sideways movement, which could indicate buy accumulation. On the H1 timeframe, there were several...
This is my view of the next US 10-year Treasury yield movement. Of course, the Fed's decision at the early meeting next month will have a big impact on the US 10-year Treasury yield movement. But for now, I still see potential for an increase to the 3.9%-4.0% level.
