(Credits: Thanks to H Channel for the insights contributing this idea!)
This is Wasabi. Welcome back to WasabiChart!
Today, I'd like to share with you an in-depth review of what has happened with changes in the Bitcoin dominance.
When I was expecting the bitcoin dominance to go lower in the shape of N in the overall uptrend of the cryptos,...
(Credits: Inspired by H-Channel's stairs-like channel pattern, I have also drawn similar flag patterns on BTCUSD chart. Thanks to H-Channel for the insights!.)
This is WasabiChart.
I'd like to look into BTCUSD showing a series of flag patterns.
As you might know, flag patterns represent continuation patterns.
With flag patterns, the price goes...
Spike in Yuan Spread: Prelude of what will happen to Yuan
Welcome back to WasabiChart!
Hi Everybody~ This is Wasabi.
I how you all enjoy a great weekend.
Today, I am going to introduce a new indicator showing the spread of the two Yuan currencies, CNH and CNY, in percent and we can apply to the current market situation.
The first chart is China Shanghai Index...
This is Wasabi.
I have added two channels, the downtrend and the uptrend.
It looks to me that USDCNY has made its direction to change from the downtrend to the uptrend.
As you may see, it has bounced back strongly in the 1st week of April to avoid falling back into the downtrend after its overshooting.
It is now heading for the previous...
I hope you have had a great journey of investment so far!
Maybe we are at a critical moment turning around.
This indicator shows the Treasury Yield Spread with its default spread of 10 Year minus 3 Month. You can also specify 10 Year minus 2 Year in the settings.
The indicator 'Wasabi Tool: Treasury Yield Spread below' can be applied to DOW...