Hi there, as I draw, in my idea the US10Y Yield will rise till the level 1,68, I put the stop as a red line, as you see many levels form that triangle that ends to the resistance of February 2020.
I drawed green lines to support the rising, as you see the week ends, using that line as support, maybe because is slowing down from the 1,5% peak, but well it didn't...
This looks like a
retest of the
1.32-1.5 bottom
range we saw from
2012-2016
usual we test a old low as a new high.
I am not saying we cant go higher we can but we could also go sideways for years
but
I hope we head back down to new lowers lows, why would i hope for such a bad thing?
I have my reasons.
Not financial advice.
This is my personal trading...
RSI overbought
and I think 10 year bond is in a cup and handle formation.
I see a crash or big correction in 6-10 months in the stock market.
Conclusion is that short on bond and still bullish in the stock market and I think we will push back to higher level in short time in stock market.
Please note the repeating pattern occurring after yearly highs of 2018, 2019 and 2021. Each creates a small resistance prior to new yearly high, followed by a retracement back to the small pre spike resistance.
In ths post you can see the power of yearly Camarilla levels on monthly chart in conjuction wth 8 months ema.
In 2020 EURUSD failed to close below the yearly floor (S4)
It broke the yearly roof (R4) and ended at H5 (High5/R5) post breakout level.
Unfortunately tradingview does not plot yearly S5 and R5 - this needs to be fixed.
As long as it holds that level it could go to H3 H4 and beyond this year. Might be a better entry at L3 if BTC corrects hard enough as it ought to though. so maybe not a huge rush
I heard higher timeframes are stronger, right?
Dont need any analysis for this chart
Don't be shook if we see a wick lower wiping out the low of this year
Lets look at what the price did the last 6 years when btc opened up a new year with an untested yearly pivot. 6 out of 6 of that year almost immediately started their rise or fall to test the pivot. This is despite whatever excuse for why that cannot happen now. even with that panic fall in 2015. the very new W2 wick went up and struck it on the dot. This is...
I did the calculations. The developing yearly Pivot for bitcoin is now 14.4k. even if we closed year at 22k. the pivot would still be down at 15k. Now I have circled the last 5 out of 6 years where bitcoin open away from its new yearly pivot. It can be seen that price was magnet pulled to the pivot. and usually early on as well. This is something that...
Bitcoin's year-over-year return averaged for the past three years (green line) is still 200% per year (3X your initial investment) meaning it is still one of the best long term investment vehicles, even outside of trading. I highly suggest a time-based investment strategy where you buy some amount of Bitcoin every month.
a large breakout of the VWAP indicator with a strong green candle and a wicked low plus the breakout of the trading range with a large candle that is higher than the other candles this means that the buyers have entered this market and the start bullish trend.
signal buy .
