Do i own stocks? No. Just found this in the charts and the Nasdaq 100 is looking very similar to $BTC's 20K top.
Even though it's irrational with the virus and what not. After such a bull market it wouldn't surprise me if we see a bounce towards the ~8600 levels for the Nasdaq.
A long thread concerning Bitcoin's halving history. I will be comparing all of the periods between the halvings and determine where we are in the cycle and make some fun calculations by extrapolating the information and price data we have.
I will be dividing the halving periods in 3 different area's.
Green = The run up to the top.
Red = The crash that follows...
BNB just broke out on the daily and with margin trading around the corner i think this utility token will only get more valuable. The quarterly token burn is also a little under 3 weeks away which could give another boost.
Well, if you’re going to try and catch one bottom Quarkchain must be it. Goodluck!
- Big volume increase
- Bullish divergences all across
- Seems to hold this level pretty well
- Did -40% just last week
After trump’s tweet about the trading war all indices took a big fall. The AEX has been going up since Dec 2018 without any big correction. Now it fell out of the channel it has been in since january. It is retesting right now and failing so far.
IOTA is in this big falling wedge. Daily RSI is 21 and last time it was that low it got a nice bounce from the bottom of the wedge on 12/08/2018. Right now it’s at the bottom again and chances are big it will go towards the top of the wedge again and may break out from there.
If we compare the current IOTA/BTC chart to the Wyckoff accumulation scheme we can see a clear similairity. IOTA has also been one of the first coins to "moon" during the 2017 bull run and is close to its lows right now. To make this idea work we will need to see a higher volume that supports the up move. We first have to break the red resistance line around 7600...
Ethereum is lagging behind (BCH, EOS, LTC) and is due for some upside. 4h and Daily RSI are low and ETH seems to have found a nice support here on the longer term .786 fib.
Entry 0.003317 10x leverage on Bitmex
First target 0.0035+