In previous analyses I've been quite bearish on BTC's outlook. I mentioned that a daily close above the dotted purple resistance line would greatly favor the bulls and that I would switch my short-term stance to the bulls once we closed the day above it. And here we area. The bulls have pushed through on Ethereum's ETF's. However, I'm worried that this ETF...
So much for Chinese growth. Lost 42% of it's value since it's IPO day on 20 June 2020. Bought this in August 2023 with a channel break. This hasn't broken back into the channel again, but just a damp squib investment. Going nowhere slowly right now.
NASDAQ:TLT chart mapping/analysis for med-long term swing trade strategies.
If you haven`t bought puts ahead of the FED`s Interest Rate Decision last week: Which happen to end up 4.18X higher after the Federal Reserve suggested the likelihood of another rate increase in the near future. Then you need to know that SPY is approaching an oversold area. And historically, as you can see in the RSI chart, in these areas technical players...
The latest Consumer Price Index (CPI) report this week has shown inflationary pressures, with a 0.6% month-on-month increase in CPI, in line with expectations. Additionally, the core CPI, which excludes volatile food and energy prices, also saw an uptick, rising by 0.3% month-on-month, above expectations at 0.2%. On a year-on-year basis, CPI has surged to 3.7%,...
As someone who has been around Bitcoin a long time, I find it interesting to see people try and find their own "edge" from how they utilise on-chain metrics, to liquidity maps and sometimes even deeper with things like the energy consumption or BTC mined. The last couple, most recent years - Bitcoin has been moving towards it's institutional position and that has...
Franklin Templeton enters spot bitcoin ETF race: The asset manager with over a trillion dollars in assets under custody filed an application with the SEC to launch a spot bitcoin ETF, joining Blackrock, ARK Invest, VanEck and others. Web3 enthusiasts descend on Singapore for Token2049: Some of the largest names in the crypto space spoke at Token2049 this...
This chart has been drawn for months before the IHNS even completed. Right now BTC is at the neckline support, we anticipate a move up from here however at the same time expecting some chop. The levels to watch out for are fairly simple to see in the chart, the simpler the better. A break of neckline support will lead us to retest the right shoulder.
Market correlation in the financial space that plays a crucial role in investment strategies, risk management, and portfolio diversification. It refers to the degree to which the prices or returns of different financial instruments move in relation to each other. Investors and traders use correlation analysis to make informed decisions about asset allocation and...
✅After the retest of the of horizontal support of 444$ It makes sense to expect a bullish correction As SPY is locally oversold and the market players Will be taking profit from the level Fueling a buying wave LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Though I long term bullish on Bitcoin, my opinion remains unchanged from my former analysis in 2022. In which I believe the crypto market remains in a prolonged correctional wave. Since the initial analysis, interest rates have risen dramatically, mid/low cap equities have continued to bleed, and I myself believe crypto has yet to enter the next bull cycle....
Hello,Traders! SPY has retested the Horizontal support level Of 443.5$ and a bullish Rebound is already happening So the price is likely to Go further up on Monday Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Bitcoin edges lower as SEC delays ETF decisions: Following a rush of excitement after Grayscale’s legal win against the SEC last week, bitcoin prices retraced below $26k USD as the SEC delayed its decisions on spot bitcoin ETF applications as expected. Spot ether ETF applications filed: ARK Invest and VanEck filed applications to launch a spot ether ETF...
✅SPY has hit a horizontal Support level of 444.44$ And a local rebound is already Taking place so I think that We will see a further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
The Potential Impact of Bitcoin ETF Launch: A Long-Term Bull Run? 🚀📈 Hello, crypto enthusiasts! Today, let's explore the exciting prospect of a Bitcoin ETF (Exchange-Traded Fund) launch and how it could potentially set the stage for a long-term bull run, drawing parallels with the impact of gold ETFs in 2004. 📊 ETFs: ETFs are investment funds that track the...
f you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better! MSOS News pump, so a short based off of past trends could be warrented, but watching for a nice correction and some reactions off of these levels starting at 6.44 and 5.56.
Traders, A few posts ago, you will see that (2) two gaps were being focused on. The question was posed about which might be filled first. Many of my followers understand that my bias was to the upside gap being filled first. Thanks to the Blackrock ETF approval, this has occurred. And, as I stated in my video yesterday, I have unloaded 50% of ALL my positions...
Was not going to post this but... Like clockwork, again. We noticed a slight BULLISH bias for $BTC. Even mentioned that there's huge demand for #crypto related #stocks. #BTC gets positive news today. Grayscale wins lawsuit against SEC for #bitcoin Spot #ETF. --- Previous post (see profile for more info) CRYPTOCAP:BTC is once again making case for BULLS short...