While the overall markets have been beaten down due to inflation, rate hikes combined with high asset prices, and the war in Ukraine, certain assets have been certainly rising like fuel and commodities. I'm almost looking at Pfizer as a commodity at this point since they have become so integral in the fight against COVID. Who knows what the future holds for Pfizer...
For the moment, this is only an early indicator of a potential bearish price movement of BTCUSD. DXY is showing strength, while BTCUSD is also showing some support at levels 38k to 41k USD. However, DXY is outpacing BTCUSD, and because BTCUSD/DXY^2 is showing some signs of weakness, and re-testing historically bearishly on the 3-Day 200 SMA for BTCUSD/DXY^2, it...
Broke descending trendline already and now GARI looks like it wants to go above 200sma on 1hr chart... and 200sma on the same level with horizontal resistance, so if break above this, it could be nice start for the next leg up... I don't need to say to you that the market is highly correlated with BTC these days and we need the king to be cooperative for this to...
Gala broke up from this descending resistance trendline, managed to close 4hr candle above it. Now right on next horizontal resistance at 0,3 and in limbo space between 20 and 200 sma on 4hr chart. Indicators ion 1hr are high, and we could see some cool off time, maybe even retest of the trendline or retest of 20 sma. Could be nice trade, but the real test will be...
Please do not FOMO in, we might be near the end of this move up. A good sign for bulls is that we finally broke that big descending channel, but still, we need to see a retest of it. This is an interesting channel BTC formed now, so we could be near the top and back down, also 200sma is just above... Be smart and careful. Good luck traders
Gonna be entering a mini trade against the AUD at this 200 moving average here we have a slight bit of weakness on the indicators so im going for it.
"It's been 84 yrs.....He exists only in my memory" Looking to finally add this to my portfolio as it's starting to sell off. Probably looking to dip just below the 200 SMA and should bounce fairly well. Looking to enter around the 200ish mark if I'm not a scared little bitch to do so (when or if it get's to that point). If this whole sell of inflation/Rate Hikes...
CME_MINI:NQH2022 - PR High: 15055.75 - PR Low: 14993.25 Evening Stats (As of 1:23 AM) - Gap: = N/A - Session Open ATR: 333.89 - Volume: 55k - Open Int: 233k - Trend Grade: Neutral - From ATH: -10.0% (Rounded) Key Levels (Rounded - Think of these as a range) - Long: 16677 - Mid: 15333 - Short: 14961 Keep in mind this is not speculation or a prediction. Only...
Link has overtaken the 200 day average and needs to overtake the 50. The RSI and MACD and movement into the cloud indicate an upcoming move up. Volume is lacking but may pick up as LINK makes it above the cloud.
We can take small opportunity in 30 Min + 200SMA + RSI
In the 30min chart we can see 200SMA act like support line for up trend.
As you can see, the price has respected the 200sma (blue) since the break from Covid lows. Risk-reward-ratio presented is interesting as you will figure out if you are right or wrong pretty quickly; especially since the Bollinger bands have been contracting as we have consolidated. Trade setup: Target around $1000 for profit-exit. Loss-protection exit 1-2%...
Bitcoin has fallen back below the $50k level after price failed to advance above the purple 34ema for 5 consecutive days. Price is now testing the red 200sma again while also falling back into the purple downtrend channel. First level of support to watch for is near $40k(yellow), secondary support comes in near $30k(yellow). Lower indicators all pointing to...
Lets see if we can get a little bit of a quick move back up near the local highs off this divergence from the PCZ.
For Bitcoin the 200D provides support in bull markets and resistance in bear markets. But a good strategy is just to buy some coins when the price touches this line. I can't say why, but backtests show that its a simple, effective way of averaging in bulk into Bitcoin.
I think I've been looking at DENT from the wrong perspective. In the longer time-frames I can see how DENT did a golden cross in the daily chart. Last time it did that DENT went up almost 100x since the signal. Don't get too caught up in the lower time-frames, the price is way too unpredictable there, I think. But what do you guys think? Opinions?
Digital Turbine ($APPS) got smashed down right on the 200 day moving average, after earnings. We have kind of a triple support here, the 100EMA daily, the 200SMA daily and the 50retrace from the last run. If this level holds for a support, we might see a sharp rallye of this levels, $APPS is a very strong performer, when bids are coming in If $APPS cant hold this...
After 125% run-up, this nice mover formed ascending triangle. The next big resistance (former support) is 70% up from here, so it could be worth watching this one. It's not unusual these days to see break down from it, a retest of one of lower support levels, and then shoot up from it. So keep watching this one even if it breaks down, could be just temporary....