josephtse

josephtse Updated 

Hi folks. These are the long term trendlines in place since 2016 (BTC goes back to 2014, with ascending slopes). BTC (log scale, ascending even on log scale!), U.S. stock indexes linear scale. Looks like DJI and NDX have not touched down their long term trendlines yet, but BTC and SPX have. So does that mean DJI and NDX need to fall more before calling a really...

josephtse

Why does this look like another bull trap/overhead resistance? 50dma (orange is crossing the 150dma (red) down. the 75dma (pink) is crossing the 100dma (purple) down on the 12H graph from the 16th. The 100dma (purple) is rolling over, and the 200dma (white) will be next in a few weeks/months. Follow the moving averages and you will know where prices is...