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EURUSD+DXY correlation and the impact of Economic stimulus packages in USA
During the great recession in America the President Mr. George W. Bush government
geared up to manage the recession and planned a economic stimulus package which
A perfect example of how TA does not tell you an answer. Just different stories. Which trade many make I am sure is partially a result or influence of how those stories may have have affected the traders involved in the past. It is really interesting
Recently I saw a chart of the "rise and fall" of Wirecard (WDI), which for me, as a crypto trader and Bitcoin evangelist, who is bullish for Bitcoin, looked suspicious for long already.
Well, just for fun, I made Bitcoin's and Wirecard's historical data comparable in a single chart layout from the end of 2011 to today. Please be aware of the logarithmic scale...
This is a core holding in times like these IMHO -- it's no rocket ship, but look how well it weathered the March cofefe-19 dip. Better bad weather performance for sure, and decent acceleration in the upturn.
can be seen in the early days of XLM that a symmetrical triangle formed, likewise with XRP, however XRP produced large gains while XLM slumped
Will this triangle action influence future moonshots for the pair?
XLM has formed a bullflag above the wedge
I am long XRP :D
Hi all - I wanted to point out that the DOW is slightly lagging in relative position to the SPY in relation to the inflection points from the August, Sept, Oct pattern that started the Q4 bull run in both.
We can see that:
1. SPY has ALREADY REACHED the first inflection point in relation to the the August, Sept, Oct pattern that started the Q4 bull run in...
~ vertical golden lines are halvings
~ horizontal red lines are All Time Highs
~ the red arrows go from the ATH to the point where the price is again at the same ATH inside the new bull run
~ the green arrows go from the start of the new bull run to the point where the price sets a new ATH
~ indigo horizontal lines are points of support / resistence for the...
I've just compared chart of ZEC/USD and ONT/USD. We know that ONT has recently had a nice run up and prior to it, there was a decline.
This decline is like a copy paste on ZEC/USD.
If this patter will repeat, very soon we'll see zCash trading at $60
Simple strategy using daily Pivots, the CM super guppy and an OIL comparison.
As a fairly new trader, I found it interesting to see the correlation between Oil and USDCAD
As oil moves down, USDCAD will move in the opposite direction and vise versa.
On the chart i've added Monero 4H pattern that occurred in August 2017. Certanly there are similarities up until this moment.
It would be very interesting to see how BTC will differ or whether it will repeat the pattern.
Just to let you know, after the end of that patter, Monero went down ))
I'd watch out for correction now down to 7.5k or even 4.5k