Did you buy $BTC?
The Bitcoin Hash Ribbon Buy (indicator released October 2019) was exactly one month ago today.
Let's check in on performance to date:
- Max downdraw: -5%
- Max Returns: +26%
So far, all within the normal historical range.
I see XRPUSD Breaking the channel, let's wait for it to break some important zones as weekly resistance, then break the overall trendline, retest it and blow UP. Let's still be patient and don't rush it!
The history of cryptocurrencies will certainly remember the last week as a tragic one and therefore we will discuss bitcoin again today.
In the last analysis, we also marked the lower trend line on the chart. Probably, no one expected it to be tested just a couple of days later. At the moment, we are probably on the strongest trend line and on key...
Silver technically broke down from the initial up trend line but seems to be bouncing up off a less significant trendline the last several days. Breaking the trendline is bearish in the short run. With that being said Silver is a major long term buy for many fundamental reasons qe, negative rates, inflation, gold/silver ratio and silver in the long run will catch...
New more reliable indicator: ERSI-- "Early Reversal Signal Indicator" show positive strength on the 1M chart.
Trend Shift Indicator also showing positive opening
EARS (for very early reversal info showing red to green).
Conclusion: not yet time to sell.
SPX so strong since 2009, probably a number of reason why but the why doesn't really matter. Although the chart looks very extended it's too strong to short imo. This kind of chart tends to trigger a psychological bias in us that it 'must' be about to turn around. In reality it might not. Bad news doesn't seem to dent it so it's not immediately obvious what will...
Looking at the chart for Hastings Group Holdings PLC HSTG we can see price has retraced to the 0.786 fib in log scale. That's quite a deep retracement but price is holding that level. Depending on how you want to draw trendlines here price could either look to be in some kind of descending triangle or a descending wedge. There is a decent bit of...
Due to advancements in machine learning, deep learning, and big data, the majority of these robotics holdings will benefit as a market. A.I. will allow them to increase quality, proactively service manufacturing machinery, and provide the benefits of R&D down stream to customers.
Reliance on the BOTZ holdings will be a natural from the market in which laggards do...
What's going on with Bitcoin? You probably wonder why we are sinking so much and what's going on? Today's analysis is devoted to Bitcoin and its daily chart. Again, we will present a few possible scenarios.
To begin the analysis we need to say that there are currently many possibilities for future development. Few expected a record 42% pump to be...