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
Dot looks alright here for a slight pull back into a long position targeting the next range high. Although ambitious, spot buys should be held until here before major resistance, contingent on moves of the majors.
At resistance currently and will attempt to break it. Depending on what BTC and ETH do, we may see a relatively clean break, but I'm guessing there will be consolidation around this level from its recent push and then moving towards the next fib target, which may or may not hold. Green IB fill indicates bullish EMA crossing and bullish follow through.
Dots script and Intro grid script with green bar lead me to believe we have some further upside as long as BTC doesn't ruin the party over the next few days. I makes sense to me that we would continue common momentum towards the 50% retrace from recent major high, perhaps consolidate, retrace from local top and then continue upwards until a larger correction....
After the pretty solid performance of Link over the past few days I suspect that, pending any BTC prevention, we'll likely hit the larger 50% retrace and then fall back down to a corresponding fib.
Though we would much like to return to the 10K BTC , I'm beginning to gather evidence of our maintenance of sub 10K levels. As seen in the image, the RSI and MOM indicators are suggesting a pullback. Coupled with the 10K psych level, I suggest we don't have the juice, currently, to clear the resistance. Perhaps this will change in the longer time frames, but the...
Hey Folks. Second idea and publish, hopefully this gives food for thought. These fib circles fit pretty well in conjunction with the resistance and support levels that we've been seeing. I've also added the generic arc trend lines that seem to be a popular fractal of the past. This is a longer time frame view and perspective on the resistance that will be coming...
First post to Trading View, so please be gentle, but let me know how I can improve theory, macro or micro. Testing theories with Pitchforks from two notable selected lows, and Fib retracement levels. Current low has just broken through bullish Pitchfork lower limits and currently testing 23% Fib retracement level. I'm new to all this and it may not make sense,...