Price action in broader US equities—the S&P 500 SP:SPX and the Nasdaq NASDAQ:NDX in particular—has been tricky over the past few months since the October 2022 lows. SPX for example rallied off the 2022 lows into early December 2022 and it staged a false breakout above the bear market's most predictable trendline, the down trendline from all-time highs. The...
There is a divergence formed in RSI in the last one hour during todays fall. Indicating that we may see positivity today. Nifty may end in Green territory if there is no further bad news from US. 17258 and 17355 will be important resistances. Followed by 17488 which is the 50 EMA. Supports are at 17113, 16952 and 16745. The last 2 only if there is some further...
Bitcoin's future depends on whether it can successfully flip the 200 WEMA/WSMA. If it is successful, it has the potential to reach lower 30 thousands (targets are mentioned). However, if it fails, it will dump hard. It is crucial for the bears to take action or risk being overtaken by the bulls.
Very strong. Halving this year.
Good reclaims.
Looking to TP 80 and above.
Levels on chart.
80 - 84 - 94 - 103 - 107 - 113
If we get the relief rally you will see targets getting hit left and right.
SL - 65
The DXY has been on a rip in 2022 with the US Dollar rising significantly against major currencies. This channel has been pretty consistent and the latest price point is at the peak of it. A strong DXY tends to correlate with weak stocks and risk on assets. Vice versa, a correction here would provide some relief for the markets and currency pairs such as the EUR...
$SPY $SPX Analysis, Key levels, and Targets
WOW, what a face-ripper week so far…
5.82% in two days!! And nice volume today too…
I sold 386 calls against both my shares, and my Jan 350 calls… right now my calls are up 22.3%, I’d love to see spy at 384 by Friday…
Also remember that Friday at 3pm is consumer credit report... which will, in my opinion, be a...
$FLOW bounced off the support level and the lower boundary of the ascending shannel. Bullish movement to the resistance level at 3.4$ is likely to happen.
SPX has been experiencing a relief raly after the weekly and the daily charts were oversold however it has keey resistance levels are $4.2k and I expect to come back down as the ADX is still in the reset mode.
Bearish Scenario
Please be cautious as this rally might be short-lived. We might need to come back down to $3.6k and consolidate further before a full...
Here's just a quick look at the weekly BTC chart (Not a detailed analysis):
The market has held the 22.5k level very well and a relief rally to 27k is expected at this level before we see more downside! The downside concerns arise from the China - USA tensions, and if Taiwan gets attacked by China, we may see massive south-going price action. Trade safe!...
Bitcoin needs to break $24k, and then we'll get a nice summer relief rally.
As I posted earlier, according to my analysis, bitcoin has set a bottom around the 0.618 Fibonacci retracement.
To date, bitcoin has failed to break the $24k resistance point, although it has made several attempts to do so.
24k is an important point, as it is the 0.5 Fibonacci...
Hey all!
It seems like my idea (posted 3 weeks ago) about a potential relief rally is coming to fruition (with a bit of a delay).
I'll keep this analysis quick and simple by giving you all the possible resistances and where I believe the bear market bottom is. Here we go:
Red lines:
The red lines are all my price targets for this relief rally.
I give emphasis on...
Hello everyone - Hopefully this analysis gives you something to think about regarding Bitcoin as we continue through the summer. If you enjoy our content and would like to see more, please support us with a like and follow.
There are 2 factors top of mind right now:
The recent forced liquidations of various funds (3AC, Celsius, BlockFi etc)
More aggressive...
Bitcoin is looking prepped and ready for a relief rally after the 0.75bps rate hike last week.
I expect a test of 200ema on the weekly, which coincides with 50ema (green) on the daily. This is where both sides of the market need the price to go in order to have a good idea of what to side to play next. Bears will be looking for rejections at these levels, and...
1.Clear market shift in 4h frame.
2. Double down in 1h chart with no retest
3.Too much liquidity lying under 19.4
4. When using volume profile i see the imbalance at 20.6-23.2-25.2 up till 28.2
5. Some correction needs to be done before going any lower. If btc breaks my sl it goes straight to 17.6-14.8
6. BTC on supp of 40% retracement level in log chart
7....
XLM could see a 50% rally up to a previous support level where it might then test it as new resistance if the rally proves weak. One may want to wait until after the FOMC before putting full size on this trade just incase there is any negative volatility during the meeting.
