Here Are 3 Things You Need To Know “Technically” about the High and Low Oil Price Brent crude oil prices rose steadily for months and surged more than 72% over the last one year-climbed to 14- years high of $139 per barrel. After fluctuating wildly the price per barrel of Brent oil appreciated more than 33% since Russia invaded Ukraine on February 24 and...
Hey traders, Why 95% of traders fail? In this post, we will discuss the trader's road to success and why most of the traders give up at the halfway point. On the chart, I was trying to portray the journey of a trader: most of the traders start this game with gambling. They randomly buy and sell the market relying on their intuition and with a high degree of...
I've been looking at this company and I've been trying to justify a positive valuation in the future. The only way that you can make sense of investing in this company is if you stretch your assumptions not for 5 but for 10 years from now. The biggest factor that will contribute to making that company profitable and scalable is the DELTA class that is suppose to...
Is the bearish wave complete? We don't know, people say it is impossible to predict anything, they say TA is junk; it doesn't work... Come closer... Allow me to show you some Magic! OMGUSDT Oct. 26 2021 (Inside this trade idea there is another one)... Just based on this previous chart and the bullish sentiment that is growing today, we can expect another...
Some would disagree, but to me it seems if the market goes bullish again MANA is prime for huge pump. Some bullish factors for crypto: 1) Biden signs EO embracing crypto 2) UAE embraces crypto 3) Ukraine legalizes crypto 4) Geo-political uncertainty, crypto alternative currency 5) Whales pulling BTC off exchanges by the billions 6) Ukraine/Russia conflict...
NASDAQ:IXIC - The chart spans from the year 2000, to now. Looks familiar, doesn't it? The mega run-up, breaking major support lines, panic, then a giant bullish weekly candle pulling us back to the moving averages. Looks very very similar to our current chart, doesn't it? This move up and sideways could last for months and leave us blindsided, but the...
Greetings, BTC.D aka Bitcoin Dominance chart looking to drop lower levels. Bitcoin dominance is the difference in percentage between the market capitalization of Bitcoin to the total market cap of the entire cryptocurrency market. The chart I have posted are long term support/resistance points (drawn in years ago). We have seen BTC.D fall under 43% - while...
🔍 Key points: - Prolific developers Andre Cronje and Aton Nell have called it quits on their time in cryptoland on Sunday, according to a Twitter post that gave no explanations for the exit. - Cronje has been described as the “godfather of De-Fi” and is best-known for his work on Fantom and Yearn Finance – the pair will be “terminating” over 25 apps and...
The metaverse market as a whole has been down for the last 3 months as we plod through this crypto "winter" - though it's worth noting that Decentraland is slowly closing the gap to Sandbox after its surge last year. But one trend in particular here sticks out -- the emergence of Decentral Games ($DG) coin, which is a project that focuses on casino-style...
Hey everyone! 👋 We hope you’re doing well amid the volatile market backdrop that’s been happening so far in 2022. Today, over 40 million people use our platform on a monthly basis, and the pickup in the community over the last year has been unbelievable. More people than ever before are sharing their trades, chatting about markets, and collaborating on ideas...
In this update we review the recent price action in the CADJPY and identify the next high probability trading opportunity and price objective to target.
The Semiconductor ETF SMH is meeting resistance here @ 260. The last several times the SMH index ETF met this trend resistance has resulted in a push to lower lows. Could this time be different? The MFI (Money Flow Index) seems to be suggesting it is a possibility. Although SMH is riding a downtrend, SMH price volume momentum is in overbought territory. A SMH...
USDJPY is unstoppable. The pair is growing sharply from the beginning of the year. Here are two important historical points for you to watch. 118.2 - 118.8 is a 6 years' high. The price is currently approaching that structure and with a high probability, we will see a pullback from that. Trading against the trend you should wait for a decent confirmation...
One of the big market events today is the explosion in price of AMEX:VXX which according to the issuer Barclays has nothing to do with Ukraine or market events. I think it is tangentially related in some way to the market conditions but what does this actually mean for the near future of volatility? I look at TVC:VIX as a measure of the "fear index" of the...
Brief glance on historical deep drawdowns and recovery timelines to ATH from BABA. Recovery time is generally slower and took 1.5 to 2 times more than going down. Conclusion: Don't be in hurry to buy the dip. There will be enough time for recovery. Wait for better confirmations.
Is there a new trend line on the horizon for the S&P 500 and the market overall? I compare different trend lines including what I guess to be ultra bears like Peter Schiff & Jeremy Grantham's trend line. If we are entering the 4th industrial revolution, that people like Cathie Wood & Klaus Schwab are talking about, I think we should expect a new trend line to...
Gold has been one of the most bullish markets on my charts this year until the past couple of sessions...I have now turned bearish Gold looking for a test of 1913 in the coming sessions. In this video I explain why I have now turned bearish Gold and more importantly I share my process for trading Gold Futures using the following indicators; TradingView's new Auto...
Real Interest Rates move inversely of Gold. Gold's next move will be dependent on a continually decreasing Real Interest Rate. From 2000 to 2011, Gold increased from $260 to $1900. In 2000, Real Rates were roughly at 5%. In 2011, Real Rates were at -1.7%. A significant drop in Real Rates contributed to Gold's price appreciation. From 2015 to 2020, Real Rates...