Fundamental analysis indicates a rewarding buy and the past year wouldn't have disappointed, exceeding the market average with steady growth. However, as the market approached the GameStope Squeeze, amid the buying frenzy of the beginning of the year, SOLARIA hit the ceiling, tried to revive the trend again back in the day of the squeeze, and then gave up to a...
It might be hard to believe, but DOGE's price movement is more influenced by BTC's price than Elon's tweets. As the graph shows, there is still a tight coupling with the father of Crypto coins, albeit with a significant lag and much higher magnitudes. The lag almost disappeared in the current cycle, given the slowdown of BTC, and the magnitudes will probably...
Since December, amid the beginning of the second lockdown, a second wave of raging bulls emerged, which culminated with the GameStop short squeeze. Ever since, the market is still in bullish mood, but the rage waned a little bit. This is the same when it comes to Crypto. As the comparison with SPX500 in the graph shows, there's a high degree of correlation, higher...
CAD is otally coupled with the price of oil, which is the major factor in this currency couple in recent times. The fact that EUR gained a lot during the first COVID-19 lockdown was mainly due to the price of oil going downwards. This was evident as well during the recent Suez canal blockage, which started a new bullish run for oil and a pull back for EURCAD. Yet,...
Using my favorite chart for bear spotting, the 1W chart with Bollinger Bands, it is easy to find bears in sight below the BB median for for months. It is very rare that a month would pass with such a setting and the market doesn't turn bearish. It happened, though, recently with the COVID-19 lockdowns in March last year, and what we thought would be a bear turned...
Whether it is selling a CFD or merely moving money from ETH to BTC, the short term for this cross is pointing downwards. This is because ETH and BTC are at very different points in the day graph: * ETH is in overbuy range while BTC is almost touching the oversell. * ETH just hit the all-time high amid diminishing market, which increases the tension downwards. BTC...
As I expected before in a previous idea a couple of months ago, BTC and Co were heading to a flattened curve after the incredible gains and broken records in the past months. It came as no surprise to me because I am an avid follower of the 1W chart, which, for BTC, I believe is the most important one. The thing is that when gains are so high and so rapid, charts...
Currently and since a few days, Etherium (even the classic one) is up, while Bitcoin and co are unprecedentedly down. The gap between the two movements is the widest in favor of the former since long time, and is definitely the most telling given the recent moves. Technical indicators are even showing that BTC could find support as low as 45K. Of course, this is...
EV stocks compared to Volkswagen - Nio, Tesla, Li Auto, Workhorse Group, Kandi Technologies, Arcimoto, BYD Volkswagen recently drew attention with its plans to compete in the EV market, and investors bought into the news. Look at a 2021 daily chart, and it is striking that seven popular EV stocks are all negative for the year. These stocks made sky-high gains...
Let's compare Bitcoin in 2013 with Elrond in 2021. Chart are very similar. Let me know what you think below, leave a comment. Much appreciated
This idea is adjusted for 2020's Time Cycle of ABCDE. I think this would appeals to all schools of analysis weather it happens or no due for many factors !!!
1. Buffet recently reduced his position 2. Check the candlestick patterns on these 3 market crashes 3. RSI divergence, MACD exuberance, DMI (orange) hit multiple years bottom
I compared TESLA and NIO and I liked the similarity. Looks promising for NIO :)
📈#COMPUSDT ➡️Entry: 415$ 🎯Target 1: 500$ 🎯Target 2: 560$ 🎯Target 3: 700$
RIOT is a BitCoin mining company so the price closely follows bitcoin in most cases, but the added valuation and specualtion, in addition to the accessibility to standard markets, makes RIOT a great proxy so long as the reversal we're seeing on this chart continues. Nice break to the upside. Let's see if we can hold support.
Taking a look at the in depth comparison from the previous time where everything was positioned like this. Camarilla pivots + cpr on the 12 hour.
HBAR / USD is presently outperforming LINK / USD at this point in its life cycle. See other related ideas linked below, including a comparison to LINK pre-2020 bull run vs. HBAR now, and remarkable comparisons to Litecoin's 2017 bull run.
Showing similarities between the two assets in their first full year of price development - HBAR / BTC vs LINK / BTC. The two charts can be lined up to look more similar, this comparison is one to one on timing of price over the first full year: - LINK / BTC launched September 19th, 2017, and from there showing price development over its first full year...