Good signs all around. Do these positive indicators tells us about the future direction of Bitcoin and our crypto markets? ⛓️ 🔗 Useful Links 🔗 ⛓️ Fear/Greed Index: Due to House Rules cannot be displayed.
Hello Traders, I hope you all are doing well. I just wanted to shoot a quick update for anyone a little shaken by the market or confused as to what's going on. TLDR: Yes, there are still geopolitical concerns, but at the moment it's not important to the market, because we've already seen the response of the world and it has strengthened relations of NATO and...
The US5Y looks ready to break above the US10Y rate for bonds , signaling an inversion of the yield curve, the number one precursor to each recession in the US. The 10 year is sitting 3/1000 of a percent higher right now. When they cross I expect the market to turn red today. The breakout of the US10Y from its cup and handle pattern dating back to June 2019...
Weekly Time-frame We have filled the wick of the previous weekly candle. This might mean we can start going down again. Top would be $42,045, $44,000.Awesome Oscillator (AO) is still bearish. 1D Time-frame AO is bullish! new volume in the positive the most awaited for the bulls. We might see a retest in $44,393 before going down. We are also seeing...
3.17.22 DXY Followup trade: this is about the impotence of recognizing the importance of a contracted market and how it affects your trading results...and your level of stress...especially when you factor in the difficulty of finding a worthy reward. Yet, they can still suck you in because they show "simple,attractive" setups frequently limited reward...and a...
Prices are on bearish momentum. We see the potential for a dip from our sell entry at 8388 in line with 78.6% Fibonacci Projection towards our Take Profit at 8305 in line with 78.6% Fibonacci retracement. Prices sre trading below our ichimoku clouds, further supporting our bearish bias. Any opinions, news, research, analyses, prices, other information, or links...
This chart shows the pivot from Industrial stocks to Mining stocks. This is caused by the pervasive inflation that the FED has allowed and the not so obvious slowing of the economy that will arrive later this year.
Volume markets are also determined by all algorithms. The ones who do algorithms are people. If we can determine the range levels of algorithms, we can also determine some levels. Long red rod ratio: 23.82% Short red rod ratio: 15.38%
The dollar has hit it's target up. What does this mean for the markets? Where do we go from here? What will JPOW do with interest rates? Will the FED use the conflicts in Ukraine as an excuse NOT to raise rates 3 times? Let's talk about this.
Worldwide nonfungible token trading was worth around $40 billion in 2021, and it has since attracted some big names in the sports industry. Athletes have been known to invest in a range of assets and businesses, but now they're also getting into cryptocurrency and blockchain. Nonfungible tokens (NFTs) are a relatively new form of tokens that allows for the...
Meanwhile, the cryptocurrency markets continue to dive deeper in the red. In the last 24 hours, meme token Shiba Inu has lost approximately 12 percent, dropping to $0.0000231 by now. In the past seven days, the Dogecoin rival SHIB has lost more than 23 percent of its market value. At press-time, SHIB remains on spot 14 on the CoinMarketCap scale with the market...
Dogecoin price is currently hovering on a critical support level, a breakdown of which could lead to a steep correction, but a bounce could trigger a new uptrend. Therefore, investors need to be cautious as crypto markets have turned volatile due to the ongoing war between Russia and Ukraine. BTC crashed to $35,000 after news of Russia launching attacks on...
The decline has challenged earlier notions of Bitcoin being a viable gold alternative, considering its decentralized nature and general detachment from the broader financial space. These aspects of the currency were widely lauded during Bitcoin’s stellar rally last year, where it surged to nearly $70,000. But while the rally was indeed steep, a large portion of...
In a move that seemed to catch markets by surprise, reports were flowing in of a feared three-pronged attack on Ukraine at the time of writing, with the West already promising more severe sanctions as a result. Bitcoin, already trading in line with stocks instead of acting as a safe haven, thus showed uncertainty of its own, declining over 12.2% from Wednesday’s...
Bitcoin (BTC) fell through $40,000 as Wall Street opened on Feb. 18 with analysts watching lower levels. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Data from Cointelegraph Markets Pro and TradingView showed BTC/USD teasing a $40,000 breakdown throughout Feb. 18, with several attempts seeing bounces higher before the level finally gave way.
There is no better place than here. There is no better time than now ...for crypto.
It's clear as day. It's imposible not to see it. You look at the volume and you say to yourself, wow, that looks exactly like the markets giving the bird to the Fed. They are in a tantrum, everyone is a crying weenie baby sissie paper handed bi*** and the markets are calling the Fed to rescue them as they always do. It's like a pavlovian response, a dog like response.
Hey guys, following up with my last few post I have exited the position I outlined last as I didn't want to hold it during the CPI announcement and it hit the .5 on the Fib and broke the uptrend line. New position entered after the market has reacted to the inflation news and we face the definite reality of the Fed tapering harder then first expected. My first...