


ROYAL_OAK_INC
EssentialHave not many ANY trades based on the US Dollar. Have not been convinced in either way, yet. TVC:DXY has been weaker lately but not by much. Well, at least compared to its previous low. However, LONGER TERM we see it's biz as usual. It is currently fairly oversold on the weekly chart & could be primed to change direction.
BTC is currently trading in a Symmetrical Triangle formation. This is generally a continuation pattern. There's also a longer term BTC pattern FORMING. Do you see it? Inverse Head & Shoulder. But it is a ways off, time will tell. Bitcoin Crypto
So far our CRYPTOCAP:BTC 109 - 111k target has been MONEY! Bitcoin hasn't been able to close above it all!!! Showing Negative divergence on RSI & $ Flow on WEEKLY charts. "New" CRYPTOCAP:BTC prediction? Will stand by what we said previously. IMO there's good possibility we could see BTC going to the 170k area, extreme = 226K. Monthly RSI doesn't peak until...
Post 2 of 2 #Bitcoin is trading similarly to 2021. Major difference? The move is more ORGANIZED today. Volume is substantially more. Did #BTC top, like really top? We want to say no, but things can change! Current: $ Flow is much weaker vs December 24 top. RSI is lower as well. It looks like CRYPTOCAP:BTC will likely break 100k again, 95k IMO. 80k =...
Not long after our post May 20th we began to sell some CRYPTOCAP:BTC ETF's. It was a good call, still have some, & we believe #Bitcoin still has consolidation in order. We're waiting to see how the #BTC RSI reacts & wow it reacts to the Green Moving Avg. Selling volume is light & this means that there is a LACK of BUYERS, at least for now. #crypto Please...
Yesterday CRYPTOCAP:BTC formed a BEARISH ENGULFING. We've spoken on this pattern countless times. However, we didn't bring it up because we didn't/don't think it's relevant. WHY? Look at the paltry volume. Bitcoin volume is SUPER LOW. BTC is still in Bullish mode from Late 2022. --- We turned Bullish again on CRYPTOCAP:BTC around early April: A) We saw that...
Found the article speaking about a coming move in $ETH. CRYPTOCAP:BTC was the largest position in the account until we increased our CRYPTOCAP:ETH position. We made it the largest position in the account a few days ago. We had also increased our Crypto holdings, we added CRYPTOCAP:SOL & CRYPTOCAP:XRP , leveraged ETFs. We stated, not long ago, that...
Usually very busy on Thursday, volunteer work, & didn't find the post on us being bullish on CRYPTOCAP:ETH while many have soured on it. Targets? Purple Arrows! We bought leveraged ETF AMEX:ETHT CBOE:ETHU very close to the recent lows.
So, we redrew the trendlines a few days ago and this is where the 10Yr currently stands. Bond Yields should give some sort of direction within the next handful of days. Be ready. TVC:TNX Interest Rates
Daily The TVC:DJI has done well since April & we noticed a sentiment change. This is why we turned bullish. Only problem? Lack of volume. We can see that volume stayed under the pink dots. This is an average of 90 days. We can also see this by the Money Flow. As of now the lowest peak since mid March on this indicator. --- Weekly The TVC:DJI RSI hasn't...
10 Yr Bond yields seem to have topped after that massive 1 week run. That was an impressive run! TVC:TNX Even though the downtrend was broken, the 10Yr Yield put in a LOWER high. We can also see that the recent uptrend was violated, back in a down trend. Short term interest rates look worse!
The Dow Jones TVC:DJI is breaking out today. RSI is looking better. However, the buy volume is weak. Looking at the money flow reveals this.
How long have we been saying this? Yet the masses have not grasped this concept. Neother have influencers. But that makes sense because they need clicks to survive. People tend to "graze" where pasture seems greener, even if it isn't. CRYPTOCAP:TOTAL 3 = NO CRYPTOCAP:BTC or CRYPTOCAP:ETH Altcoins have been in a steady incline since Nov 23. Daily The last...
Interesting chart on GOLD futures. Always wise to WAIT until end of day/week. Daily Chart Heavy selling has not meant much BUT the movement today is....... different. Weekly Chart RSI is not bad but it is weaker than Oct 24. $ Flow is down a significant amount compared to last top.
Not looking to toot horn but, did we state anything about buying CRYPTOCAP:BTC or CRYPTOCAP:ETH until recently? NO! (pls see our profile for more info on that) We have been analyzing Bitcoin & Ethereum and posting suggestions. But until recently we did not state any buy recommendations. In fact, om March 25th we stated that there would be a big move coming...
We believed that interest rates were going higher in Early April/Late March. The Bullish Engulfing formation was a sign that higher interest rates were coming TVC:TNX The 10 Yr Yield Downtrend was broken, it retraced some, we posted that it was likely consolidating, & seems to want to go a little higher. Central Banks worldwide are lowering rates while the US...
Let's add a bit more to the previous CRYPTOCAP:BTC post we made. #BTC closes Friday anywhere around here, it's MEGA BULLISH! Officially breaking the downtrend on weekly Volume not great but enough to keep moving, 1 more day left! RSI is looking good. Money Flow also looks good, never dissipated. Our #Bitcoin November call coming into fruition, Again, look @...
CRYPTOCAP:BTC , what are you doing? Does our #BTC chart remind of anything we have posted before? Do a search for our #Gold charts pre 2024 on X! #Bitcoin is preparing to breakout!