Bitcoin has been currently trading at the 2021 market lows for almost a month. It has now formed a channel at this level for consolidation. We can see a lot of liquidity is being gathered at this level. Bitcoin now has a decision to make which will most likely be driven by the US stock market! Will bitcoin break to the downside and move towards the 24k range or...
The dollar is falling from its rising wedge. with delta variant fears and NFP tomorrow this is a critical time for the dxy... bad news tomorrow maybe the catalyst for the dollar to go to its technical target. time will tell
The stage seems to be setting up nicely for gold to make a major move over the next few hours to days... We have a bullish divergance, a bullish cross on the EMAs, we have been uptrending since the knee jerk sell off from the NFP report. We are approaching the golden ratio 0.618 fib level if we are able to turn this into support gold becomes extremely...
For the first time since the pandemic outbreak of last march we've seen the S&P move out of the uptrend close of exchange yesterday and only just. observation and monitoring next week as we may see further break to the down side short opportunities on offer
You can see that since hitting pretty much its all time high the DJI been trending down. price really fell once the Fed spoke about potential rate hikes. 18/06/21 James Bullard speaks on the fed looking to taper and the market is reacting to this when it was positioned against it. we can see this same reaction in the metals and commodities. think i will be buying...
This chart shows somewhat of a Throwback. Since BTC decline it has been making levels of support which you can see on the red trendline. this level of support has now become major resistance as you can see on the charts and this is what is currently preventing btc from going higher. what will happen will it move deeper into the triangle forming and break out, will...
BTC has been making some lovely reversal patterns. In this chart we can see BTC has created a bull flag and is starting to breakout. I have placed the technical target of this breakout and further price predictions of where btc will go if its able to continue to uptrend.