XAG/USD on weekly
hunting the floor here and looking for a reversal, vix fix showing clear market bottom for weeks now
momentum is still on the downside shown by the cycle of power, we could as low as $14
a USD rally will force the price lower towards $14 but if USD/DXY starts dropping towards low 90's we can get a good mid-term long trade ...
The sole purpose of this idea is to compare the Bitcoin price action with Tether creation. I've placed vertical lines of different colors at each instance of printing. Below, you can find which colors correlate to different prices.
NOTE: This idea only contains instances from January 1, 2018 to the present.
Green vertical line: $300mm transfer
This is drawn from Thomas Bulkowski's 'Trading Classic Chart Patterns' - in which he is himself drawing on Victor Sperandeo's 1991 book 'Trader Vic - Methods of a Wall Street Master.'
Personally, I am not waiting for confirmation that we are out of the bear market but it will be worth recognising what phase of the market we are in. If we get a confirmation of a ...
After Capitec's (JSE_CPI) trouble at the beginning of the year the stock has been undergoing re-accumulation. It has jumped the creek and is showing Signs of Strength (SOS). The stock has shown prior leadership. Waiting for a back up to 95500 to go long.