KAVA in a quite tight range vs BTC for quite some time. Underperformed massively during the previous alt season while the rest of the Binance IEOs did very well. To me this is an interesting DeFi project that could do very well. The chart supports that view as it hasn't had that major pump before that would make me thing it is done + it has been consolidating and...
This is a massive based and shows strong accumulation both in the short term and the long term for TOMO. It has shown incredible strength while all others have failed to perform and didn't really dip along with the rest. I always like coins that look very different from the rest, especially when they show tons of strength while the rest aren't. TOMO didn't perform...
Is Bitcoin in an uptrend or downtrend? (Short & Long term) Bitcoin is currently chopping in a range, but is slowly forming higher highs and higher lows in the short term. The medium-term trend is down since we broke the bullish structure when it broke 47-48k and we are currently below the 50 & 200 DMAs which have also formed a death cross. However, the...
DAGBTC has show tremendous strength. One of the very few best performers during this downturn in the market. Clearly much stronger than the rest and pushed higher than several key levels. Versus the USD it doesn't look as strong, but this massive base in BTC terms will probably come to an end and this could fly.
Cream looking pretty strong vs other coins. Didn't do very well in this alt season and topped pretty hard. Lots of stuff from exploits to mergers... but the current sideways movement looks pretty good in the long term. I like coins that don't follow the main market trend and do their own thing and especially when they look like they are in some sort of accumulation.
SLPBTC is very strong still and seems to have broken out in the short term. That's a simple setup and this is just the first target and this could go much higher. The USDT pair on Binance is newer
Going through all the major indices, going through whether stocks are overvalued and where they might be heading next and closing with two major meme stocks like AMC and GME
Big picture complete technical analysis with bits of fundamentals analysis for main forex pairs and with focus on the US Dollar.
The reflation trade seems to be over although there is still some hope. The FOMC meeting seems to have been the catalyst to confirm the end, but that reversal was brewing for quite some time. We had excess speculation, we had people truly believe this wasn't transitory... and we might get some persistent inflation due to supply constraints, but this isn't due to...
Hello everyone! Bitcoin managed to close last week with a very strong candle, which was probably due to several reasons. Countries looking into Bitcoin, Microstrategy buying, Elon Musk saying they won't sell and a lot of other little positive news coming from various groups which are pushing for regulatory clarity and are pro Bitcoin. We had the formation of the...
Currently BTCUSD has another doji after being rejected at the most recent key resistance level at 37.3-38.3k resistance. Currently it is sitting at the most important zone which is the combination of various different tools and ways of reading the market. For me to even consider Bitcoin having a major dead cat bounce and going all the way up to 44 and then even...
Hello everyone! Once again I'll have to repeat myself by saying that despite the fact stocks are overvalued, there could be much more upside. Given the way central banks and governments are acting, it is hard for me to see stocks reversing any time soon. Yes there will be some pretty strong corrections along the way and at some point a big bear market. But to me...
Not much to say here other than Toyota is 100x better than Tesla in everything. Personally I don't believe that a company who has a CEO like Elon will ever be successful, so I'd rather buy the most successful company out there that just had a major breakout. Definitely one of the most bullish stocks out there.
QNT has the strongest chart vs out there. It has been in a massive range of about 600% up and 85% down with massive chop since October/November of 2018. Eventually this is going to lead into some massive expansion although the USD chart doesn't look perfect. Currently QNT is sitting fairly close to its ATH, it has tested these highs several times and the mid point...
Helium's halving is about 2 months away and is currently a project quite a few people talk about. Its price chart vs BTC is just incredible and it is probably the best performer since the day before the crash started, and its structure is very bullish and stable across all timeframes. It has been closing above its 2020 ATHs, as well as early April and early May...
Gold was falling as real yields were going up, but now that that trend has reversed gold is looking better. Gold has successfully broken and retested many key levels + several important moving averages and pivots. In the past I thought 1680 would break even just in the short term and it is still a possibility, but looks less likely at the moment. Currently Gold...
In terms of the global economy the flood of liquidity and government aid has been papering over the cracks which I don't know when or whether they are going to break. The situation isn't pretty, yet the markets don't really seem to be worried about anything long term. Inflation doesn't seem to be that much of an issue yet and markets just keep going higher thanks...
It is as simple as that. Not much more to be said than that, the chart says it all. Too many touches on the resistance and we had the most insane capitulation in 2020. The production of oil has taken a big hit and the price will keep rising as demand comes back. That's bad for growth, but we are here to make money. Hedge your fuel expenses and go long Oil!