Bitcoin Bitfinex Chart Update Alternative Choice of Updates from now on: Trying to find the best/clearest format and colors for the majority isn't easy. Putting the text all over the chart is annoying for most on Tv and is only done for the benefit of Twitter users where 140 character uploads are ridiculously restrictive for those with a deeper interest in Bitcoin...
WTI USOIL This has come back to test the support line at 66.48 and then flipped wildly all afternoon. It finally looks to be stabilising where it should and is a buy again with stops below 66.47
ya boi just learned trend based fib retracements and i was practicing on a coinbase chart for BTC and saw this. ..so yeah. short into long might be a good play here, however the price is respecting that trend line that a lot of people are looking at... So in other words. The market is exactly at a point where reckless longs and shorts will get absolutely R E K...
8th May EURUSD Update EUR made the counter-rally move back to the upper parallel precisely at 1.1978 before falling away again. Having failed to hold up at the 1.1910 level it is falling further as DXY continues its long-predicted rally. EUR should fall to 1.1815 and then bounce to the upper parallel again before falling away further still to 1.1721 as the...
DXY Dollar Index The dollar has been been on a tearaway move ever since breaking its longer term downtrend at the 90.42 level. By 'tearaway' in DXY terms that means 2%. Huge ! Over 11 calendar days or so. The same as Bitcoin moves in 45 minutes. This is as exciting as DXY gets. And people seriously trade this for a living. Some have to but in a world of...
I just noticed that the stock has revealed a medium term channel up pattern. Lets see, if it holds and reaches the 100 mark by the end of March.
Hey, this is my first idea ever published. Please note that I might be completely wrong, and that It's made just to add some idea on where the price might go. I will be really glad for any comment reagrding anything wrongly interpreted in my idea since it's my first idea since I started learning TA. Right now there are two scenarios that I can see happening in...
Building on last idea and cleaned up chart . Same information as previous (linked) except a few extra confirmed pivots. Stop moved up from 0.0368 to 0.0398, assuming a 1-2 is in and another 1-2 (small) is being put in, stop under the 0.786 of the smallest, most recent 1-2. As with all alts, upside movement is most often associated to non "crashing" of the big 2,...
EURUSD EURUSD and DXY EUR is tracking an inverse set of parallels to DXY. When EUR breaks lower it's a second sell/add shorts signal which must be confirmed by DXY breaking above the upper parallel containing this impulse wave from inception. DXY has to break and hold above that parallel before the bears will back off - but it's fighting here, where it should...
Bitcoin: BTCUSD Breakout to upside today is very bullish. Bitcoin bulls are back in control. Look to follow the break and buy the next dip if not already long.
FTSE 100 Inter - UKX - Inter-Generational Cycle High - Half-Way House Nine years from high to low. Nine years from low to High on FTSE in fact the secondary or final rally high set in week of 13.03 00 as Internet generation 1 peaked with Nasdaq and techs' peak reached that week). Low reached March 9th 2009. The next cycle date falls between Friday 2nd March...
Dow Jones Industrial Average DJI Back to buying the dips Yesterday the Dow completed a 10% drop from the high (10% off the top is 23956, the low was 23923.8, just 0.5 of one point from the support line at 23924. An 11% drop would be 23690 - there is another fixed support line at 23613, just 77 points lower. This line line should be the limit of any further...
Bitcoin BTCUSD Update Next Buy and Sell Points We have a low here on Bitstamp at 5920, on Bitfinex at exactly 6000 and on Coinbase at 5873 - so far. Earlier in London Bitcoin has been driven up through the upper parallel that has been controlling this sell-wave from yesterday. It's the first early sign that this is getting close to the bottom now. It's...
Gold Dollar XAUUSD and DXY The dollar's decline is close to finishing. Likely to be one two spots outlined below - so this is likely also to be a big week for gold, oil, and across US pairs too. Look for buy set-ups on dollar pairs and sell set-ups on gold, silver, copper and oil... As DXY tries to climb and hold above a little dynamic that underpins price...
Bitcoin BTCUSD If stopped out on the break below the first support at 11385 it means a small win of a couple of hundred points overnight. This is the reason we use stops. But Bitcoin is back in the buy zone and looks good to buy again ay 10600 and down to 10500 on any dips from here with a stop below 10450 there is 5000 to 9000 points of upside potential and...