Traders, We are right on track with literally everything as discussed in previous chart updates and videos. No surprises this week, thus, the short weekend update video. The only new development is that Bitcoin is testing our ever-important multi-year trendline yet again. Will the bulls win this tug of war or will the bears finally find the strength to pull price...
Traders, It looks as if the dollar, vix, and precious metals/commodities will continue to trend up, stocks will continue to pull back. Bitcoin is tenuous. But it is possible that altcoins have reached their low, though that low may be retested soon. We'll discuss these subjects in this weekly update. Stew
Traders, In this video I'll cover the spikes we are witnessing in the dollar, fear, and precious metals (specifically gold). We'll discuss what this might indicate to us from a geo-political/macro-economic perspective. Inflation continues to tick up. The SEC continues to attack big players (tokens/coins) in the crypto space without providing rules for how to play...
Hi Traders, Investors and Speculators of Charts📈📉 A bull trap is "false" signal that shows a bearish trend (such as the lower highs in XRP) has reversed and is now heading upwards, when in fact, it will continue to decline. Often a large wick towards the upside is observed, shaking out traders favoring the obvious move (shorting). It's important to note that...
Hi Traders, Investors and Speculators of Charts📈📉 As you know, we're trading in the opening moments of a new bullish cycle. As we gradually make our way up towards a new ATH over the next few months, technical indicator tools will be crucial to help catch those perfect swing-trades. Today's analysis is an absolute MUST watch for beginners- to...
Traders, Alts are sitting precariously on a level of support right not. Will that support hold or will it fail? Let's look to the charts to find some more clues if we can. Stew
Traders, It's worthwhile to review my most recent altcoin trades, targets, stops, and strategy. I will also review Bitcoin, Bitcoin dominance, Altcoin market cap, and a few of the other alts I am waiting to enter. Stew
Bitcoin/1H doing a pennant that is a sign of continuation ( maybe with a small up move ~24.2) Please Follow,Boost,Commet it really motivates me to do more. REALLY DOES!!!!! Bitcoin has been going down for couple of days , Bulls getting demolished on every RIP they push it. meaning smaller upsides bigger downside and with the pennant its doing it could come down...
Some great action from the smaller coins setting great patterns, what are you guys playing for this run (leave a comment)
Good evening friends, This is my very first video analysis. I hope you enjoy and thank you for watching. Trade thirsty!
Good evening everyone! Happy to be back this Thursday evening to give you an update, we dig a little deeper and we have a look at what the BTC.D chart can tell us about the alt market! BTC is doing nothing on the 4H timeframe, but what subtle things can we tell from some of the price action ??? Let us know what happens next in the comments!
Evening all! Back at looking at BTC tonight - It's a slow one, not going to lie! Let's talk about what we think the next play is & where we can expect this to go!
btc.d btc v appl Eth should flip.
BTC Dominance is in a very slow decline. I expect the level to drop to 66 and from there it could drop further to 63 or make a run back to 70 or even 80. Decision point expected around August 10th - say +/- a week If you find this idea helpful, please leave a like!
If you've found this helpful, please leave a like and subscribe. Do you agree or disagree? I would love to hear your thoughts in the comments! We've broken two trend lines and the price currently finds support at .382 7200 represents the .618 retrace line and hence, the basis for my target. BTC.D (Bitcoin Dominance) is waning and alt coins are seeing those...