Moon_Rocket_Capital

Moon_Rocket_Capital

QTUMUSD has retraced back to the lower bound of it's rising channel. We saw a parabolic move that broke the top side of the channel; so it's possible we may get a whipsaw reaction that pushed below the channel - however ideally, cooler heads prevail, and this movement can continue. RSI has dropped below 40; which has historically seen a relief rally off the base...

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BTCUSD has broken below it's rising channel, and is now morphing into a ranging pattern. There is a short term trending falling resistance ( purple line ) that correlates nicely to the drop in RSI; however the lower recovery point on RSI is maintaining just above the oversold range. Some good spikes on volume, but generally pretty stable... A breakdown of...

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BTCUSD is back in ranging mode, with no clear sentiment on either side of the market. Price is currently rallying up from the low point in it's RSI cycle; which coincided with both the lower bound of the rising trend and the lower bound of the horizontal range. It's currently unclear whether we continue to move sideways or the longer term rising trend will be...

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TSLA has cooled off slightly coming out of the weekend. From a technical position, this makes sense and was arguably needed. RSI was hot and the price action was reaching the upper bound of the trend channel. This pull back has returned price to the middle of the channel, and also set up a hidden bullish divergence with the RSI. Volume also slightly...

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SPX gaps up to open the week; leaving little doubt that we are in Al-Time-High territory. While so much of this rally is being driver by the tech sector ( As has much of the last 10 years, to be fair ), it's still a strange situation to be in where stocks are increasing so fast despite more and more concerning economic data coming out. Has the S&P 500...

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$BTC looks ready to rebound as we get closes to the lower bound of the channel. RSI has seen recovery from this point throughout the channel, and we are also coming into the shorter term rising trend (blue line) as well. If volume shows up; this rally could happen quickly. #crypto

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TSLA will not slow down, no matter how many trolley problem style children we throw in front of it. A week out from the stock split, and the price is sitting in the top half of the channel. RSI is smoking hot, and there is lot's of uncertainty as we come into the 5-for-1. Time to hedge this bad boy and look for places to vacation during the apocalypse.

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TRX has broken out to the upside of it's rising channel on the back of news that they are going heavy into the DeFi sector of the crypto world. Some of that bullishness has cooled off now, but with price still significantly up on the trend and RSI now down at it's support - we could be about to see a new trend formation here. #crypto

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Gold has bulled back in recent days, with the latest drop coming on the back of news out of The Fed - we should print more money. Nothing in the world says irrational like gold prices dropping on the sounds of the printers warming back up. Blue lines represent +/- 4 deviations from the middle of the channel. Reality here, in my opinion, is that money has been...

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The fed gave us a wink and a nod that more money is on the way; and it looks like that was enough to give the DXY a long needed bump. Whether that ever comes to a reality, is yet to be seen. But for now we saw a big bounce and it sent the other markets into a nose dive.

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The S&P500 is finally showing some evidence that there is rational thought. This is a zoomed 4H chart, to showcase the consecutive small body candles that were on display in the lead up to breaching the previous All-Time-High . I have been clear that this is an absolutely bonkers movement. Rationally, there is no reason for the market to be at such a high point...

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FAANG looks ready to do it's thang... The lower bound has been respected through this entire rally; and the point of decision is here. Trend is your friend here, so ( and despite my best logical arguments otherwise ) I am looking bullish at this next impulse move.

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HISTORY DOESN'T REPEAT, BUT IT SURE DOES RHYME... With the lastly value drive; largely created by DeFi projects - more and more people are discussing the new bull market. While it is too early to make a definitive call; it is more likely than not that the market has turned and broken it's falling resistance. This can be seen is most of the major coins right...

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DXY struggling to truly break free of this falling channel. RSI can't get above 60.0 resistance (yet).

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LINKUSD has been on a tear recently, but with price at the upper bound of the rising channel; and RSI deeply overbought; is it time for a cool off? #crypto

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ETCUSD breaks out of it's falling short term resistance with a strong bounce off the lower bound of the rising channel. Personally, I still think this coin is worthless - as demonstrated by the many 51% attacks - but who am I to lay judgement on the market forces... #crypto

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NEOUSD has been holding the lower bound well; with the rallies pushing through the top of the +2 upper bound on 2 occasions as the volume spiked. Trend looks good. #crypto

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DASH is coming off a low point on RSI, and a whipsaw movement that saw a rally up to the +4 upper bound followed by a drop to the -4 lower bound ( blue lines ). Volume is significantly up on the pre-channel volume as well; so could be a nice undervalue position to take... #crypto