MacD_Bollinger

MacD_Bollinger

On the first day of June, the SETUP used indicates a corrective bearish pivot on the long-term chart. Will we have a correction later on, so that the cryptocurrency finally breaks free and reaches new peaks? When we analyze the impressive rise that the cryptocurrency has had in the last 16 months and trace just one Fibonacci retracement, we will see that the 50%...

MacD_Bollinger

Congratulations NVDA, because you delivered everything you could deliver in terms of good results, however, can we get back to reality? Will the Black Monday that we experienced in 1987, in the DOW JONES index, be experienced again in 2024, and thanks to NVDA and technology companies? We know what happened between 1980 and 1985 to the American economy,...

MacD_Bollinger

Does BTC really intend to break the previously theorized C&H corrective pattern? The downtrend line outlined in previous analyzes were being respected. However, I noticed that in recent days prices managed to escape this limbo. Interesting, isn't it? If the downtrend line breakout is true, a likely destination for prices would be the 85K region, an “upside” of...

MacD_Bollinger

It seems to me that the correction theorized in previous analyzes is occurring. See the image below: Without further ado, let’s get to the graph. On a monthly basis, for the first time, the SETUP used is pointing to a corrective pivot. If so, a bear trap region is found at 51.8K, meaning if prices don't break out of this range, it won't fall much! The...

MacD_Bollinger Updated 

BTC continues its saga. I believe this is a corrective saga. Being corrective, I believe that the end to this saga is the attempt to have a beautiful bullish rally soon. The FED could help with this "rally". What a thing, right? Monthly bias there is no change in strength, therefore the SETUP used still points to the bulls in the direction of this chart time. On...

MacD_Bollinger

My God. If the SETUP used is correct, technology companies will melt the SPX index. I won't even write a text explaining why, because no one likes reading. I will post the bearish pivot combined with a buy trap. What a thing, right? Supports: 4933 for the moment. Medium-term secondary support (15/20 days): 4742. I'd better keep quiet. Because things always...

MacD_Bollinger

From the graph we have a great possibility. If prices do not overcome the 17.05 region we can see prices seeking first the long average (white line) and then the 15.09 and 14.83 bands (support). For this to happen, prices must drop below 15.95, as shown below. Resistances: 16.79 and 17.05. Supports: 15.09 and 14.83. The value of 14.83 is a possible target...

MacD_Bollinger

I will only say a single word: Gold. Yes, just gold. Do not forget; "Madness only comes to those who think the most" Gold is at its highest high in history. We know that the metal in question is considered a protective reserve for our fiat currencies. But what explains this sudden rise? Is this increase linked to the "wars" that are taking place around the...

MacD_Bollinger

The Brazilian fiscal issue is not going well. Therefore, it directly reflects on the IBOV index, especially for companies linked to the domestic economy, which is very dependent on family income and low interest rates (SELIC) to keep their activities up to date. This was already written in the stars. Sometimes we need to be seers. Lol The growing number of RJ...

MacD_Bollinger

Has the top arrived? A question that is on the minds of many traders right now. I won't go into too much detail here, so let's get to the point. Monthly bias: SETUP is not indicating a change in direction, therefore, there are “no things to worry about in this time frame”. For now, right? Don't be naive, please! Going weekly, we have a corrective bearish pivot...

MacD_Bollinger Updated 

I've been hitting the following key on the computer for a while now; "Is the world better?" Has Quantitative Easing (QE) provided globally by central banks around the world finally dried up? If the answers are yes to all of them, just answer this naive question that I will ask next; Why is gold surpassing its all-time highs? I just need this answer,...

MacD_Bollinger

The bulls won! They pushed prices above their historic highs, and ETFs also performed remarkably well, backed by securities houses. A beautiful victory! But now, who will be the next opponent? Just like gold, is Bitcoin (BTC) fulfilling its role as a protective reserve? Given recent news, it appears so. Everyone is rushing into cryptocurrency, just like they rush...

MacD_Bollinger

We are already in the last week of March, and it seems to me that the corrective process outlined in the previous analysis is about to happen. We are seeing prices losing strength and opening up margins for corrective drops. As I always mention in my analyses, the long-term chart does not indicate a change in direction, so the increase is still strong for this...

MacD_Bollinger

BTC – Weekly Perspective – 03/03 to 10/03 We can say that BTC reached the expected region at 65K, as shown in the previous analysis. I know that this final climb to 65K did not come with the excitement I expected, which would be prices making a correction to the 40K range to continue their climb. For now, with the objective achieved, the question remains:...

MacD_Bollinger

Are we in a trap region? The month is ending, but the problems are just beginning! Based on the latest analysis, we may indeed be in a trap region. And its long-term objective was achieved in full (1,618 FIB). And gold has not yet lost its 2K level. What a thing, right? If everything is fine, why isn't our "rich" fiat's store of value giving way? I just...

MacD_Bollinger

As reported in a previous analysis, the crypto finally managed to overcome and remain above an important resistance band, 44.9K. A beautiful victory for the bulls and, with that, the path seems to be clear for prices to seek the historical top region at 65K and, consequently, scare away once and for all the ABC corrective pattern of ELLIOTT's final sequence....

MacD_Bollinger

Considering the projection outlined for the future SPX in a previous analysis, I realize that the target pointed out by SETUP on the long-term chart has been reached. Therefore, I think we have nowhere else to go up without at least having a small correction towards the 4685 region if I only consider the graphical analysis. See the image below. Despite...

MacD_Bollinger

As stated in previous analyses, the long-term chart showed an upward pivot, in which the 44.96K region was an important resistance point to be overcome in this chart time. Anyway, this value was left behind, and the crypto needs to reach the 51.4K region and remain above 44.9K throughout this month to remain in a consolidated upward trend and seek the top region...