Moving Averages
Market Update 12/05/22: VIX FocusedIm too lazy to put timestamps in for this video. The first 4 minutes I go over the VIX and what I expect moving forward.
The market is kind of wonky so maybe anything can happen.
Long story short, last week the VIX hit two big targets: 19.8 and 19.08. I think we may stay in this area before moving up as long as we start the week somewhere slightly above 20.37. Though the VIX looks more bullish than bearish at the moment.
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Stocks & Crypto QuickFire: Time StampedTimeStamps:
DOGE 0:18
SOXL 3:22
PYPL & DKNG 5:22
LTC 7:46
ETH 8:50
HSI 9:50
GOLD 12:00
PHUN 13:40
SLP 14:58
MSFT 16:14
NVDA 17:10
TSLA 18:00
AUDCAD 19:04
I say something like 17-6 in the beginning when I'm looking at DOGE. I meant to say 7.6 cents when referring to 7.6 cents being a smaller position entry area and 6 cents for a more sizeable one.
Market Update 11/30/22 Timestamps BelowReal support for Vix is below at 19.8 and 19.4 with the strong trend line at 17.6. Though Powell did have bullish comments today, the price movement of the VIX supported the likelihood of a market move upwards more so than a market move down.
Time Stamps:
VIX 0:00
APPL 11:00
NASDAQ 14:39
DXY 15:40
BTC 16:50
SPY & DJI 18:22
DOGE -Easy Trick, Targets with Moving Averages🎯Hi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
A quick look at Dogecoin after the mini rally. DOGE loves moving averages . The moving averages is always a strong indicator of where the price could land after a correction towards the upside - and we see just that. Resistance in the 3D timeframe from the 200d moving averages. My observation on DOGEUSDT will conclude that this was just a correction to the upside following BTC increasing. I'd be looking to take profits here.
Interested in Bitcoin? Check out this idea on BTC, covering the fundamentals in the market at the moment:
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Market Update 11/29/22: APPL, VIX, DXYThe Quality of the Video is 3x better if you full screen when watching.
I still feel like there could be some bullishness coming in here. I am not sure if this bearishness will stick. I go into more depth in the video.
I am looking forward to seeing where the vix starts/goes tomorrow before the market opens.
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Market Update 11/24/22: VIX FocusedPretty much were back to the big averages that we were around during the august 16th and 17th drop.
I try to keep it brief in this video.
If I HAD to guess, I would say the market will move back down soon based on the VIX. A big break in a 5 year trend would be for the VIX to drop under 17.50 and start a new week or month candle under that level.
Take care.
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Pre Market Outlook. APPL, BTC, GoldTimeStamps:
APPL 0:00
NASDAQ 2:57
BTC 5:55
DXY 8:33
VIX 10:05
GOLD 13:24
DKNG 15:28
TLDW: I want to see appl start above 155.50 on the day and preferably the week time frame candle as well. There looks like a strong price range between 155.50 and 169, which looks like easy money.
Things still look worse than better, but at least there are fairly well defined points to where things look good to trade.
Though DXY and VIX both look fairly likely to keep moving down, it doesn't seem that the market is going up as much as they are going down which could be another problem.
Oil getting hit pretty hard doesn't really help anything here either. The actual economic outlook is horrible and people are still spending more money than they have.
I don't see how things get better (in real life), but I'm not sure traders or bots care about actual data outside of charts.
Pre-Market Update 11/16/2022TLDR; I don't like where the price is now. We are close to the old highs before the last drop for many things.
My plan is to wait for a small drop or a small raise in the price before taking any further action.
I do have a fairly large concern with what the dollar will do and the overall strength it may have in the mid to long term future. Though there really isnt much to trade based off of more than what we can already see currently happening.
Appl short ranges: under 146.24 to 142.65 and 142.60 to 138.00
Appl long range: above 156 til 169
Appl currently: Im neutral
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Market Update (APPL Focused) 11/7/2022Looking for appl to start between 138.76 and 140 for strong movement upwards. The mid term elections in the US could easily cause a big upward movement anyway.
The two ranges to watch for are:
138.76 to 142.65
and
142.65 to 146.37
I explain other things in more detail in the video.
Cardano - WATCH OUT❗ Testing Support❗Hi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
Cardano is testing a crucial support level - the same that was once the very first resistance zone. This makes it an important level to watch, because if we fall lower, the support zones are few and far apart and this could lead into another multi-month bear market. There is potential for a short setup if the price CLOSES a daily candle underneath this support zone of $39c.
Alternatively, you could continue to accumulate and dollar cost average your way down until your bags are full 💰💰
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BITCOIN - Similar To December 2018 ?Hi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
This is not the longest that BTCUSDT has been trading underneath the Moving Average. During December 2019 until the next year, BTC spent 36 WEEKS underneath the Moving Averages. Noteworthy that this was the 50d MA (due to the lack of data, there was no 100d or 200d). Currently, we're trading underneath the 200d MA. However, this can still signify that range trading for a period of time may be the most likely scenario. We still see high volume on the chart and the RSI shows sideways to slightly lower is the most probable for the foreseeable future. USUALLY (not always) there is a Xmas rally, or a December rally. It should be interesting to see if we find our reversal during the month of December, or if we continue to decline and start another bullish cycle during Q1 next year in 2023.
I'm labeling this BTC post as short even though I don't believe shorting it is a good idea right now, simply because it seems more likely for the price to go slightly lower than higher (judging by the RSI). There will be the occasional, unpredictable wick back up towards the MA but the price will continue to trade underneath until a clear bottom is established.
Incase you're interested in XRPUSDT, check out this idea 👀
Have a great weekend🥂
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