Hello TradingView Family / Fellow Traders,
📦 Post-halving , BTC has been hovering within a big range between $60,000 support and $70,000 resistance.
📈 For the bulls to take full control again , and test the $82,000 and upper bound of the red channel, a break above the $72,000 resistance is needed.
📉 In parallel, if the $60,000 support is broken downward, we...
ECONOMICS:USCPCEPIMM
Core PCE prices in the US, which exclude food and energy,
rose by 0.2% from the previous month in December of 2023, aligned with market estimates, and picking up slightly from the 0.1% increase in November.
From the previous year,
Core PCE prices edged 2.9% higher,
undershooting market estimates of 3% to mark the lowest reading since...
A BOLD prediction --- possibly to some people
But I stand by this chart as a roadmap where I see #UK equities outperforming
against the cash cow that has been UK #Housing
The how's and what's and why's are unimportant
But the key thing is for younger people struggling to get into UK housing
Investing in #Stocks #Technology Innovation #AI and #crypto
will...
Here is yet another Bullish Chart of LTC this time i'd like to point focus on a huge Cup with Handle i just discovered while looking on the higher timeframes. We haven't broken out of the handle yet but if we do out next target based off the measured move should take us to $9,493
The US Dollar Index TVC:DXY is negatively correlated with the macro Bitcoin BNC:BLX chart.
Indicators like the Correlation Coefficient indicator will display swings from negative to positive correlation between TVC:DXY and $INDEX:BTCUSD. This can lead to a belief that they are not in fact negatively correlated.
But, when you zoom out to a macro view of...
Looking at Timeframes of Prev Market Cycles we seem to following the old adage "Fred Savage" ,
You may have thought I was going to say something about History Repeating itself based on the almost mirror image of Market Cycles, but When I said "Savage" , I'm starting to hear the screams and see the carnage.
I've been trying to figure out why upon that weekly...
This will not be appreciated and who knows if it's right but here's my last macro prediction for the distribution of risk assets.
Curtesy of x/ki_young_ju we have what looks like to be miner selling beginning. ETF inflows are still increasing, though.
x.com
We have what looks like Bitfinex exiting stage left.
Easy to see when exchanges deviate from the...
Hello hello everyone,
Long time no see. Its been a while since i've been doing updates but its good to be back again.
We have some very interesting plays that we are ready for. Let's start with a few
1. #EURUSD - been in a very long range on the daily and what really caught my eye is the formation of a potential quasimodo pattern and a breakout to the upside....
For those who have been following me here for the past three years, you'll know that I usually never miss an opportunity at a April Fool's prank. However, today's post is NOT one of them. Instead, I'm going to take a turn and do a post that may be of real value to many investors and speculators at this point in the market cycle.
We'll specifically use ETH...
The first quarter of 2024 is now over, closing in a record +10% YTD rally and an exceptional +43% YOY increase in the QQQ. Despite the markets pushing higher, Tesla is experiencing significant challenges, with a -30% decrease YTD and a -9% decline YOY. This performance has positioned Tesla as the worst performing megacap so far. Given these circumstances, it's...
- The Bank of England (BOE) decided to deliver its #inflation medicine in a bigger dose
at their recent monetary policy committee meeting.
The bank made the shock decision to raise borrowing costs a half percentage point,
taking the official rate to 5% ;
double the size of the increase anticipated by most economists.
BoE hiking interest rates to 5% ,
it adds...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 ETH has been overall bullish , trading within the rising broadening wedge in red.
Currently, ETH is in a correction phase and it is approaching the lower bound of the wedge acting as a non-horizontal support.
Moreover, it is retesting a strong support and round number...
Homemakers are making money over fist.
Does this confirm that the housing bull market will continue.
It seems like it doesn't it
This ratio highlights the housing bottom in the 90's
this Ratio also topped out in 2005 before the housing bubble popped
#Roaring20's
Yet if you read the financial press to make your investment decisions
You would be de risking when you should be putting the pedal to the metal.
Inverse Head and Shoulders points to a whopping price from here once the neckline is broken.
In this analysis I want to take a look at one of my favorite personal indicators: Bitcoin Logarithmic Price Bands. You can find a detailed explanation of the indicator below.
In short, this indicator tries to predict future areas of extreme opportunity. Buy in the green and sell in the red. However, I also added a yellow band in the middle which surprisingly...
Quite the long-shot macro idea here.
Looks like a H&S; is forming - if so, short from the right shoulder, DCA'ing into the position.
Exit near the bottom of the triangle.
After the price breaks out from the triangle, there could be fireworks to the upside, after a test and retrace.
This is entertainment for me, this is not a serious post. DYOR.
