The basic scenario did not assume such an impressive correction of the euro. But given the high level of correlation between the euro and US indices, such a movement could be expected. At the moment, the Price has approached the previously marked red zone. We are witnessing the...
script continuation.
The price forms successive increases with a decrease in volume. Which indicates the absence of a strong buyer. At the stage of high formation, candles take the form of pin bars with a large volume. In this critical zone for the price of bitcoin, such formations look dangerous....
the price develops a corrective movement, but there is reason to believe that this movement is not yet a reversal. We have a weekly high, and apparently it can keep the monthly high if the price does not recover earlier according to the main plan. We believe this movement is only...
This is a local idea for bitcoin from 10/22/2022 . The price of the asset has been moving within the range for more than a month. The price moves with complex corrective formations. And at the moment we see the work of big capital with the lower range of liquidity. Marked with green areas. At the same time, the global bottom has not been updated until this moment....
dxy charts and dollar vs japanese yen chart let's compare. About last weeks. The Central Bank of Japan conducted multiple foreign exchange interventions to save its financial system. Concurrent sold treasury bonds and spending dollar reserves caused a correction in the dollar index that we see. Pay attention, I pointed with an arrow on the USD/Yen chart. When...
The Russell Index has a strong correlation with BTC. Many people look at SPX and Nasdaq first. But we think we need to take a look at this chart. If you overlay a chart of bitcoin on a chart of this index, you will understand everything. But this analysis is not about that. At the moment, Bitcoin, along with Russell, is at an important stage in moving forward. We...
The euro is moving in an upward corrective movement, seeking to capture order clusters under the weekly order block, creating pools of liquidity for further downward trending. We expect the final stop of the price and the formation of accumulation in the marked zone. The current movement may also coincide with the movements of the American stock SPX.
The price continues to form liquidity pools below the zone of inefficient demand on the weekly time frame. marked in green. At the same time, it seeks to cover the same imbalance higher, forming a local liquidity pool. We expect the overlap higher, and then with the possible removal of a weekly high, a trip down.
It was some special on dogecoin. All that we like. From news about twitter and show of Elon Musk Doge showed good growth. but nothing lasts forever. As we see the prise formed one local high and then received a response from the seller. But bulls not didn't give up. And after the formation of a structural high bottom. The price rushed to update the structure....
Always we have a two trend. Global trend and local. So right now local after power impulse from bitcoin. LTC broke the local uptrend at 1 hour. But 4h still have a bullish possibility. We expect the price to test the local high after rebalance prise in optimal zone.After that we suppose the price continue move with a global trend. Keep watching.
This idea SPX is quite simple. As we know, the market is unique, but fractal . And in looking for various possible situations, we may well find some similar situations in history. The essence of the idea is in such a simple tool as a 12-period moving average on a monthly chart. It is clearly visible on the chart. That the price has broken through the normal moving...
