What does it do
You see what could be a continuation inverse head and shoulders
and the two targets.
PLAN B hot alot of people wrecked last time, and he still adamant #BTC will hit $500K this cycle.
The chart says otherwise
and more likely we peak above the high meet the linear target & double top (at least for now )
what say you?
The foreign exchange market, a dynamic arena where currencies engage in a perpetual dance, is currently witnessing notable shifts in the EUR/USD pair. This analysis delves into the intricate interplay of both fundamental and technical factors influencing the Euro against the US Dollar. Against the backdrop of the Federal Reserve's cautious approach to monetary...
Overview:
Bitcoin has recently displayed a compelling technical pattern, forming a triangle with a notable high at $37,978 and a corresponding low at $35,784. The chart indicates a period of consolidation, setting the stage for a potential breakout on November 12. This impending move is further accentuated by a strong resistance level at $39,968, making it a key...
EURUSD struggled to build on yesterday's gains and experienced a decline since the start of Tuesday's Asian session. The surge in the US Dollar index exerted additional pressure on this currency pair, causing it to slip below the critical 1.0600 level.
The anticipation of a more stringent stance by the Federal Reserve (Fed), supporting the upward trajectory of US...
Traders,
As you know everything is about the dollar rn. What it does determines what the rest of the U.S. market does. And, so far, what the U.S. market does has been helping us determine what Bitcoin will do. Bitcoin, being the lead dog, shows us what the remainder of the alt space will eventually do. This is how we follow the breadcrumbs to our next projected...
Inflation ( CPI ) - A Battle Already Lost
I've recently shared my outlook on CPI and where I think its headed in the months ahead but after further review, it seems that I've previously overlooked certain signals which should have altered my perspective in a way that it did not. Based on discovery of those signals, I have now updated my anticipatory CPI chart...
Traders,
I believe this chart is so important it warrants revisiting the data. Indeed, the fed has to be cognizant of this same data and is most certainly is watching it closely. Therefore, we must do the same. In this video, I am going to explain why the housing market data, even though it's week, supports my thesis of a blow-off top in the stock markets this...
Traders,
You all know that I have been expecting and discussing this day for many moons now, the day we break above our macro downtrend. Today is that day. Day 1 of what I expect to be a blowoff top that will surprise many investors, maybe a majority of investors.
Before I get ahead of myself in enthusiasm, we will need another confirmation candle here on the...
Investors often want the Federal Reserve (also known as "The Fed") to pivot its monetary policy because it can potentially have a significant impact on financial markets. A pivot refers to a change in the direction of monetary policy, such as shifting from tightening (e.g., raising interest rates) to easing (e.g., lowering interest rates).
When The Fed pivots...
In this video I cover the divergence between the 2 and 10 year treasuries and the recent FOMC press conference language. Jerome Powell is promising one thing (continued rate increases), while the bond market seems to be claiming otherwise (Fed pause incoming). Who's right? Let's take a closer look.
On Wednesday 14th December, 2022
We’ve placed an order at $18 140 to SHORT Bitcoin following our projections and Biz plan towards 2030.
Following our management plan; we expect to see more downside in Crypto Assets World.
Last week, the FED gave us every reasons to believe that growth will be retained; till we are able to see a better Economic Landscape in...
Inflation is the keyword and we know how Bitcoin reacts negatively to the Fed rate hikes and inflation statistics nowadays.
But...
The CPI numbers will be revealed 13-December, the Feds meeting happens 13-14-December.
This will affect Bitcoin and all markets negatively as it has been doing in the past but we expect a fast, strong and swift recovery right...
Traders,
The dollar continues it's dump. The last two days it has come back up to test resistance. Is this the formation of a bear flag on the dollar followed by a continued dump? So far, it's looking like it. Stay tuned all.
Traders,
Since 2009 the dollar has remained under this purple trend line. Today we do battle. This is the moment of truth! A cross above it (unexpected) would be bearish for our U.S. stock markets. If we stay below? I expect good things in the next several months.
Traders,
A moment of truth has arrived. The dollar is about to do something it has only done 2 times since 2009. This is critical! Let's take a look at our charts together.
Stew
