SUMMARY: Short, BTC has had a sharp rise in the past few weeks- about 50%. Likely to see a pull back on the ETF Futures event this week, "buy the rumor, sell the event/news" phenomenon. Support could be another from 53-58k depending on institutions appetite and profit taking for month-end. Please HIT the --->>> "LIKE" and "FOLLOW" button. <<<---- *Not...
Summary: Long, supply chain fuel shortages are adding to the cost of shipping bunker fuel too. Price will continue to rise as the energy crunch deepens globally. Bunker Fuel is correlated to Oil price.
SUMMARY: Long, Falling Wedge pattern and bullish divergence on RSI Found support at the 4280 level.
Summary: Short, the SP500 is forming a 5th wave impulse and a big component of the decline is the ongoing failure to agree to a new budget and spending plan the the USA. BTC continues to hold the ground of the gains recently made. Crypto expansion is continuing with strong growth from the Middle East and China moving to decentralised exchanges (DEX) platforms....
SUMMARY: Long, bottom out and reclaiming the EMAs and MAs. Technical Target $0.16 followed by $0.21 resistance level.
SUMMARY: Long, small Cap Gem has bottomed out. It is a DeFi protocol part of the Avalanche eco system. It has deviated below its low range and is prime for a recovery. I can see this reaching a modest 500m Mkt Cap. Please HIT the --->>> "LIKE" and "FOLLOW" button. <<<---- *Not financial advice and is for educational purposes only. Always DYOR.
SUMMARY: Long, giant head and shoulders pattern with a technical target $75k Strong support at the 40k level and above the 50 & 200 MAs - bullish
SUMMARY: Long, forming an impulsive wave, expect a quick 4th wave correction followed by a 5th wave to the 4.236 Fib Extension --Technical -- Above all the EMAs and MAs forming Higher Lows. RSI is overbought suggests a 4th wave pull back is due. -- Fundamentals -- Under investment into capacity and failure to diversify is causing a price shock. Also, the...
Summary : short EUR Head and shoulder pattern broken. The rest of the world is slowing down from a macro perspective with Covid delta cause problems is Asia. Risk off and USD will appreciate The USD is still accounting for 80% of world trade. It is the anchor (today) of the global system.
SUMMARY: Short, see further confluence for a 4230 retracement. ABC correction , H&S pattern, rejected from the Fib 0.382 resistance level, and ongoing debt ceiling debt in US congress with fear talk of US Gov. default. Counter argument, the Feb will create money to buy ETFs to push up prices.
SUMMARY: Long, we have a W pattern with a high low and its technical target is $0.944 Providing DXY continues to rise , BTC has a high negative correlation to its movement. BTC will continue to fall against the USD. BTC and SP500 charts below:
Summary: Long, Lithium has rising 43% in 4 months. Core material for rechargeable batteries and EVs.
Summary: short, this one would be risky as the SP500 has bounced up a lot. If it is a 5 wave impulse down, 38k is the target. Break above 46k and. Bull run is back in strength.
SUMMARY: Short, it is mirroring BTC price action with almost a 1.0 correlation since the 20-Sep. Symmetrical triangle is a continuation pattern with a target of $1.66tn. Also, the S&P500 is taking bringing down the whole global market with it. See blow BTC and SPX charts.
SUMMARY: Short, rejetion from the 0.382 Fib resistance and possible deeper correction to the 4200 index support. Short TA update.
SUMMARY: Short, however, Russian Central Bank looks to have a CCY floor around the $0.12 level. Oddly, this is a similar price point to the Turkish Liar. Seems like there are new US sanctions passing through Congress targeting the Russian financial system and debt instruments.
SUMMMARY: Short, looks like a failed breakout and trend is for further depreciation. -- Technical -- Price is hitting against the 50 EMA is probably fall further. Stock RSI is slight overbought Please HIT the --->>> "LIKE" and "FOLLOW" button. <<<---- *Not financial advice and is for educational purposes only. Always DYOR. SO: What do you think, i? ...
SUMMARY: Short, Australian primarily delivers to China. Demand is falling fast suggestion a sharp contraction is around the corner for China, it will be the first in decades. This is a good indicator to forecast China's future growth/contraction pace. S&P500 below is another good indicator to view in tandem.