BTC follows the Cycle very closely. But maybe there's another, deeper Aversion Dip coming now. We also see an inverse head & shoulders.
Will US Bonds yield finally break this trendline ?? Very interesting to follow for fundamental market analysis
when the RSI on the daily breaks out of the channel, i think its also going to break out of the Price-channel. This would trigger a major ETH and than Altcoin Rally in my opinion, taking ETH to 0.1BTC and possibly beyond.
SNP broke the trend and on the 4h already backtested as support RSI Trendline on the daily also broken now waiting for daily close looking very strong.
With Major bullish Divergence on the daily RSI the SNP 500 seems ready to break out of the falling wedge Of course wait until you see a break and confirmation as support. Also forming a tripple Bottom and a descending Triangle as bottom structure Think the negotiation of Ukraine and Russia are a very good sign. Once the situation resolves we should see a major...
US Gov. Bonds getting less and less attractive. While on a short recovery, due to current circumstances. I think the US Empire is ultimately on the decline. Which would mean the end of the Dollar, as the worlds reserve currenvy. Watch this Video from Ray Dalio for extensive historical context. youtu.be
BTC bearish divergence on the weekly played out, resulted in the Dip. Now printing hidden bullish divergence, RSI is reset and ready to go
I still expect the Bitcoin dominance to rise further. "As always" pumps are initiated by bitcoin only first, with ETH and Alts following shortly after. I think BTC will pump very soon (within this week) Pumping the dominance up to my trendline, falling hard from there, due to an insane Altcoin season. Think this makes sense, with all the super bowl hype. Those...
The BTC weekly chart looks of today looks very similar to the Amazon Chart some years back, You can see a rally, than a dump, than a consolidation, ending in a pump. I think chances are high, that BTC is going to do the same
The BTC weekly chart looks of today looks very similar to the Amazon Chart some years back, You can see a rally, than a dump, than a consolidation, ending in a pump. I think chances are high, that BTC is going to do the same
BTC Dominance just had a nice pullback as expected. In a couple of days I expect a pump of BTC above 42k and BTC.D up to 45% Which would than trigger a massive Altcoin rally This also falls in line with my Analysis of the SPX500
ETH looking very solid, which makes sense with all the demand esp. for NFTs Printing a nice Bullflag on the weekly. Enter at the bottom or on Breakout.
SPX is approaching the 0.618 and 55EMA with massive momentum. I'm pretty confident it will break it, confirm as support and continue its way to the 1.618 In the medium and longterm I see a lot of upward potential. Looks like the market is swinging back to Risk-on mode very quickly
SPX is right now about to break the Resistance of its falling broadening wedge. We have solid support underneath. Printed bullish divergence on RSI 4h And for the first time since dumping we see buying Volume coming in. Also divergence on Volume turning around (wyckoff style) moderate Volume easily drives price up
SPX bottom should be in, which makes sense after the speech of Jerome Powell yesterday. Nothing new there, everything he said already priced in, no more uncertainty. Up we go The Price Action printing a double bottom with a HUGE bullish divergence on the RSI. I expect a pump up to the recent ATH, where we will see if the market has enough momentum to break the B...
SPX/M2 just bounced off the 0.618 Retracement. Didnt fully reach it. Will have to see if it can recover from here
Take a look at the Volume of the BTC Chart on various exchanges. the overall volume on the current lows has declined a lot, so that there are no more spikes in Volume. Think right now we are seeing the low volume shakeout after which the price should spike up. This would also be in line with the 10year bonds yield going up and the way back to risk-on assets like...
This is my $LUNA Forecast for the next month. I think $LUNA might be somewhat bearmarket resistant, due to its UST Stablecoin. I think in this bear market everyone will want to swap into UST, A for Anchor Protocol and B because its decentralized and can't be reached by the SEC.