MrAndroid

MrAndroid

This point and figure chart shows a strong rally to just below the resistance on both a horizontal and 45 degree basis. It remains to be seen whether price will break through these key barriers. It is still not a clean 'buy' signal.

MrAndroid

For a few days the price of BTC has been in a holding pattern. Now it goes decisively down. This is a sell signal

MrAndroid

It still has not broken above the level to convince me that this correction is over. look at the last remaining down trends of this market. We are still below the last line of resitance.

MrAndroid

The channel on this chart fits a mid line that proved to be a very strong area of support that was bought up today. The bounce is strong but is still below the next line of resistance. A breakout (or a breakdown) could occur very soon. Interesting days ahead.

MrAndroid

Desperately scouring my watchlist for a potentially bullish set up and cam across South Western Energy which following a retest of a previous line of resistance and support has a bull flag look to it which could break out to the upside very soon.

MrAndroid

Looks very bearish to me. Head and shoulders pattern on TSLA with a sharp move down in the last week. Its already down about 40% and I think could get a lot worse.

MrAndroid

This chart based on traditional point and figure analysis has a new O below previous support line. That is a simple sell signal.

MrAndroid

To me it looks like we already had the blow off top in the Nasdaq and now we are headed towards 10000

MrAndroid

According to the point and figure chart here, Apple broke below a long established upward sloping trend last month and now the price is just above recent support. A move down would trigger a clear sell signal for long term holders.

MrAndroid

huge red candle. Costco probably hit by the bad earnings of Target

MrAndroid

Triangle pattern is usually continuation so downside more likely. Also watch the DXY. Dollar strength could induce another BTC sell off.

MrAndroid

DXY having broken out above a long term area of resistance has the look of a retest at the 61.8 fib retracement on the breakout swing. This is important because if the DXY can set up a sustainable up trend here then it will have 'properly' broken out. This would have consequences for world markets.

MrAndroid

DXY point and figure chart shows a new X higher than the previous high. This is called a 'catapult' and is a buy signal for the dollar. Potentially bad for stocks, gold, bitcoin.

MrAndroid

The Bitcoin bounce off of the middle line in the current trend was powerful. Just when all looked lost as the price plunged below key support levels a strong counter trend rally occurred getting price back up above those support levels at around the 30k mark. However the price is still in a dangerous area below the current shorter term down trend and also in the...

MrAndroid

DXY US dollar continues to get stronger. Gold has broken below a key level of support, retested it and so far failed to break back above. This could be the start of a major break in the long term up trend for gold.

MrAndroid

Fib retracement of the current market since the 2020 lows has the current price now in the Fibonacci Golden Pocket zone. This zone is just below a very long term support line.

MrAndroid

Bitcoin has made an impulsive move up today and is looking like it might break out of this bullish falling wedge soon. It hasn't done it yet but worth keeping an eye on.

MrAndroid

It looks like the uptrend on the 2 year yield is weakening.