Not a financial advisor; simply sharing my own thoughts on the markets.
Bitcoin is now back in the " slow load, implode " territory. I have been minimizing exposure and waiting to catch long bottoms. Observations:
HEX.D and ADA.D have lined up with a 8% correction
MATIC.D had an amazing rip 12%+
BTC and SPY inverted on each other yesterday
Based on my...
200EMA flipped to support (arrows) and new try of breaking the 400sats level
RSI break on many timeframes
No volume yet to be seen so could be false. We need to get see some buying volume to this go through
Have to be extremely careful because of Bitcoins price action. If Btc falls most of the alts will follow.
Always use stop loss or...
Harmonic is the name given to a whole of compatible parts that complement each other. The term Harmonic is used in music,mathematics,physics and many other sciences.
We also use harmonic patterns in investment strategies. For example, in music, chords are standard patterns. Or radio waves with certain frank as between in physics.
In the stock market, we find...
As I explained in an earlier post, we noticed BTC may as well be expanding by between 1.61 - 1.68x each halving. There is also a drop in acceleration (rise in value). We may have missed it as they fit so well into the 4 year cycle theory that currently exists. Correction to 2nd peak, this is set for JAN of 2023, not FEB of 2023, but 1 month is not a focus here,...
Before entering a trade, is not important to just look for
confirmation, is also important to look at smaller time frames
to see if your analysis is completely valid. I personally use all
the time frames also the 1min!
GBP/USD meanders around its daily moving averages (1.3764) within a current 1.3745-3808 band with the next upside level range height at 1.3860. The daily volume looks to have been squashed and it could provide some clear cut moves on the hourly. I would be watching for another touch of the ascending trendline visible on the hourly but I am awaiting price action to...
Hello everyone 😃
QTUM had a Cup & Handle formation on 12H TF.
Also it had a breakout from bullish trendline on 4th April !
Now on lower timeframe :
It has formed a bullish flag !
📌 All of the signs are strong bullish and it could be safe to take long after breakout confirmation...
📍 QTUM's C&H...
I just wanted to do a quick markup on Bitcoin.
So, I missed out on the initial rally, however I'm hoping that we'll soon see the breakdown in price in order for it to go through a correction phase. It's wishful thinking due to the bullish momentum but I would love to see price action pullback to the $31972-$34625 area to execute some new orders.
There's a nice...
I heard about $SNDL from traders on Twitter.
Sundial Growers, Inc. engages in the production and distribution of flower, pre-rolls and vapes. It operates through the following segments: Cannabis, Ornamental Flowers, and Corporate.
Price action is showing us it's intentions so we basically need to be patient in order for it to play out to time a good location to...
I figured my 1st published idea in the new year should be about crypto.
I believe Doge is in a pullback phase and should resume to rally afterwards, but there's continuation areas that can potentially assist in pushing price back up. Looks as if price is heading right for one of them areas, but if price action doesn't "respect" it then I would look to take it to...
Mr. Fibonacci was a genius so lets use the golden ratio levels combined with Fib Time Zones. Anything can happen by end of year 2023, but for now, 2021 is going to be insane. Get ready and make sure your spaceship does not run out of fuel this year.