Recent observations indicate a potential shift in the 30-year treasury yield. This key economic indicator, which has been on a 40-year downtrend, is showing signs of an uptrend. This could mean that interest rates may not return to zero and could even increase over time.
Understanding Treasury Yields
The treasury yield can be thought of as the interest rate that...
Whenever I spot a scenario like this, I can't help but add more to my holdings. 🚀 Of course, this isn't financial advice—it's simply what I personally do.
Why, you ask? Well, it's like déjà vu—I've seen Bitcoin dance this same jig several times. We test the Value Area Low (VAL) where the Point of Control (POC) lurks nearby, and once we ascend above it on the High...
Rejoice, fellow crypto enthusiasts! 🥳 We've landed our perfect entry point—the price elegantly dipped right into the red box we mapped out in our previous post. ( ).
Now, onto some thrilling progress! 🚀 We've broken through that stubborn first and monthly resistance level. It's an intriguing story: it started as our support, was then breached to become our...
This is my thesis for bitcoin. We need to hold the old range as support or we are doomed to atleast test 23k and then possibly lower. Now, if we do hold 25k as support we can go up and possible reclaim market structure
Im leaning towards the bearish play but one has to actually see what happens around 24800-25000. Closing below 24800 is my signal to go short
Analyzing the PLS/USDT chart, we see how strikingly potent the 0.5 line is for altcoins, while the 0.618 line tends to resonate more effectively with Bitcoin. The dynamics of altcoins seem to lend more weight to the influence of the 0.25-0.5-0.75 lines. Isn't that fascinating? 😀
If you take a look at the chart, you'll notice substantial adherence to these lines....
Ive written my thoughts for the ETH/USD pair on the chart. What do you think? Do you think we will smash the resistance next try? or do you think we need to test lower as i mentioned.
Regardless of how this plays out, im excited for Ethereums future.
There is always a bullish count and a negative count, lets see where the 5th count take us. This is just one of many ideas
There is also a abc correction possible down to 23k before 88-98k bitcoin
