Moon_Rocket_Capital

Moon_Rocket_Capital

BTCUSD has rallied off the bottom of the channel, however is coming into the resistance in the middle of the channel. The RSI peak trend suggests we may also be in for an early end to the rally as well - so I am not looking for additional entries right now. #crypto

Moon_Rocket_Capital

TOTAL Mcap bounced nicely off the bottom of the channel, and has rallied into what should be some resistance. Looking to reduce SOME risk off the table here in case the sentiment shifts on the back of the SPX dropping.

Moon_Rocket_Capital

GOLD rallied back up to the resistance line.

Moon_Rocket_Capital

SPX is deep oversold on the low TF, expecting a relief rally tomorrow.

Moon_Rocket_Capital

TOTAL Mcap is at risk of breaking its rising channel. There is lots of volatility happening here; which is both a sign of a healthy market and also that the pattern is likely valid. With the halving now complete on the BTC mining rewards; its up to the market to decide if there is any truth to the bullish/bearish narratives. From a TA point; this is due to turn...

Moon_Rocket_Capital

GOLD has flashed a bearish divergence on RSI after failing to reach the resistance marker.

Moon_Rocket_Capital

USOIL has once again moved into the trading range following another failure to break through the resistance at 28.0 - 29.0. The downside on a short is appetising if you have the patience to wait for the next micro rally up to the top of the range. I suspect there are a lot of bulls on the other side of 29.0 though; so a break could rally quickly (assuming anyone...

Moon_Rocket_Capital

DXY wedge broke down with surprising volatility, followed by a U-shaped correction. Bullish on breakout.

Moon_Rocket_Capital

SPX movement has ruled out the previous H&S pattern, which allowed me to wipe the slate and take a look with fresh eyes. Slow and steady wins the race?

Moon_Rocket_Capital

LTCUSD rising Channel. Entry: $42.00 Target: $51.00 (19%) SL: $38.50 (-8.33%) RR: 2.3x #crypto

Moon_Rocket_Capital

BTCUSD not quite a hidden bullish; but the trend line has held nicely after the buy up. #crypto

Moon_Rocket_Capital

Much less confident in this pattern now; however the RSI remains as a lower high; so yet could surprise us.

Moon_Rocket_Capital

BTC hidden bearish divergence. With spot price coming into the 3 qtr resistance this could come into completion. I wouldn't look for entries here.

Moon_Rocket_Capital

LTCUSD is maintains its downward resistance; however the rising short term rising trend is spectacular. This latest pullback puts the trend back into action; and there is still +15% upside available here. #crypto

Moon_Rocket_Capital

BTCUSD rejected off the local high point, and is looking like it has moved into the ranging trend pattern (8600-9300). Unless you are day trading, it really doesn't make sense to play anything within this range. If you are interested in derivatives, this range could be useful in offsetting risks from the halving. Given the importance of the next 7 days, I am not...

Moon_Rocket_Capital

FAANG is pushing the tech sector back into its high point. With RSI falling, there is plenty of upside in the mid to long term. Short term though it looks like it is coming to the top of the range.

Moon_Rocket_Capital

GOLD has limited upside to it's local high at the moment, which leans me towards bearish here. A day trader could pick up a few points off the turning RSI support; but the falling resistance is yet to be broken.

Moon_Rocket_Capital

USOIL is at a decision point; with either the rising trend or the $29.00 resistance about to break. With traffic still significantly impacted by COVID; logically it stands that the rising trend should break and price push back lower. Commodities are insanely irrational right now though; so flip a coin.