Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc
S&P 500, Nasdaq 100, Dow 30, Russell 2000, U.S. Dollar Index, Bitcoin Index
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
As I posted, a market is likely to continue HH. But, it is also possible that the market will stay in a range/triangle. This is more likely scenario than it will shoot up.
After completing a measured move, we expect a correction.
I am not saying this is the end of the move. But any market needs a correction. So, I am expecting this kind of range.
The huge buyout is taking place. Plus, an exhaustion gap has occurred due to an aggressive buyers. So, soon we expect a reversal.
It seems that everybody is shorting DOW, NAS, and S&P500. So far, I've successfully opened a few long positions, and closed it all, as the main reason was the public or almost 80% of people who opened short position according to an investment sentiment. Also, the chart and a fundamental doesn't say that it will go down. Now if we see the investment sentiment...
Microsoft is expected to break the range, as the company won a defense cloud contract.
The breakout has occurred. So, waiting for a pullback and let's see what will happen.
So, this provides us an opportunity to long, as we know that the market is in the range.
As long as the gap has filled, we expect more buying pressure.
I'm uploading the detailed version of XAU price if the price drops.