The data series for US Corona (Covid19) deaths appears neat and smooth in Heikin Ashi candles. Main stream analysis focuses on positive aspects "were in this together". The chart presents a refreshingly negative (and incomplete) analysis and must be sung to "Hotel California" Inspired by @Rag2riches ideas and lyrics
Just a quick idea that shows how, as the Covid-19 crisis worsened, the RSI "Death Cross" clearly indicated the huge drop off in price that was about to occur. Conversely, despite record unemployment claims in the US, when the RSI "Golden Cross" recently occurred, the price was able to break through previous resistance.
I WARNED WHEN THE NUMBER WAS 1200 . DONT EXIT HOME
Everything described on the chart. Enjoy :)
What most people are overlooking is the 2011 market decline. I think we're going to see a sequential bottom with an undercut of the prior low. It happened in 1974 in which there was an Oct. low with a subsequent Dec. low. It happened in 1980 with the bunker hunt decline, in 2001, in 2008-9. Point is we historically have had secondary tests. This death cross of...
Before further diving to a hypothetical goal of BTC for $1K, I expect for the removing "uncles with big suitcases and wide shoulders", twice.
I have not changed my numbers but I removed the curve line so its easier to read... I published this on March 22nd modeling after China's Death... I know this is not very scientific... I ignored confirmed cases as I question the data accuracy, I do think the deaths is likely somewhat accurate..... tomorrow will be my first projected point and we are closing in on...
Well, thanks to today's beleaguered numbers, Corona virus charts have been added to the site today. We hope to get rid of this virus as soon as possible and make the vaccine available to the public. But in this analysis we can see the goals of the virus in the death of Mir This chart will be updated again. Hoping for the success of researchers and researchers in this field
Reached 250 faster than anyone anticipated and it's not looking good at all, 213 would be the last point of resistance if this continues to go down then we'll reach "DEATH" point. 234 is the next mid point and may bounce but if it doesn't hold then goodbye. uc.
Since last post Bitcoin has failed to find any support & price dumped to now test the 0.5 Fib level and 200 day moving average. We are currently attempting to Find support at the 0.5 Fibonacci level. Intra-day timeframes looking bloody and beaten. Bit of bearish divergence on 1hr chart. If we continue to fall next target would be around $8300. ON A POSITIVE...
Another day in fun land. BTC to be found in the trash can, we are probably all going to die soon anyway. Perhaps buy some bitcoin before that? I don't have to educate anyone, nor do I need to post reasons for my opinions. My time and experience is valuable. If you are interested in my services send me an email perhaps we can work something out. Don't be a wuss,...
We have seen a little pullback in the chart of Bitcoin on Coinbase, It has started to test the 9 EMA in yellow and the 18 EMA in blue... On the hourly chart, it should cross soon that is going to give us the 1st golden cross since Friday... But the BB is quite tight, so that is telling me there is a bigger move that will come soon, lets all hope it's to the...
A simple trading strategy everyone can understand. Take the average of 200 days worth of stock prices of a stock, compare that to 50 days average. If the two crosses and are going up, you buy. If the two crosses and are going down, you sell.
Noticeably the 89 EMA has crossed under the 233 EMA. Last time this happened in 2018, we saw decline and some significant bounces in those 5 months along the way to capitulation toward $3K. What worries me more about today is that all of those EMA's are converging quickly in a momentum swing downward with what appears a much higher pitch than before. In essence,...
You have been wanred !!!