USD Index DXY Strengthening into 113 PTSince summer of 2021, DXY has gained strength and momentum as the broader global economy has begun to face tremendous uncertainty coupled with rampant inflation from unfettered stimulus and "quantitative easing" that began following the housing market collapse ~15 years ago.
Articles were written that inflation is dead while the Federal Reserve propped up markets, printing money without thought. The QE environment appeared stable until the global pandemic surfaced and governments around the globe printed even more.
At this point, the US Dollar is showing signs as the "best" of a bagful of bloated currencies with a rush towards risk-off safe havens.
As it stands, inflation has driven every asset class to extreme levels and is barely showing signs of slowing... the general consensus is leaning to either a significant market correction or let inflation remain out of control.
Given price instability, central banks are increasing rates and looking to trim bloated balance sheets which will result in major market pullbacks.
Right now, DXY is looking to breach levels not seen since the dot.com bubble as a first leg up... with plenty of room to climb past that given $9 Trillion on the central bank balance sheets, money supply at extreme levels, & inflation at levels not realized in 40 years.
Golden cross on weekly with 100 EMA crossing above the 200 EMA in late March.
Expect some small pullback as the markets look for a relief rally and exit liquidity before DXY charges upwards.
As it stands, "cash is king" and the US Dollar reigns supreme (for now & the near future).
Cashisking
S&P 500 Bullish Pennant Incoming???Do they play around with bears? is this a massive bull pennant ready to explode to 4k? Check all the companies that announce earnings this week for hints!!!
We already have multiple formations like Inverse H&S, Bull Flag, Cup & Handle and now we have this one as well... The stakes are high and although i am not a US citizen i have a feeling that Trump is going to get re-elected. Take that in consideration together with the fact that FED stated it will keep interest rates to 0% until 2023 we may be in front of the biggest bubble in financial history!!! Big up till 2022 and then Michelle Obama will come as a savior to unite the United States of America.Stay on the sidelines is the best strategy for me at the moment, wait for strong confirmation and enjoy the ride :)
Safe trade, Tight Stop, Little Risk Big Reward BINANCE EXCHANGE Hello Peeps,
Coin will be AST/BTC this coin has broken its downward trend that its been on for quite some time and is looking good on the daily and the 4H....
As you will see circled in blue was when it broke its trend line, since then it has been building some serious momentum ready for a break.
We have circled in red the volume which will support this move and we are highly likely to break high of the triangle (shaded red area.
We buy the first candle to close above the triangle.
The black line this is your stop loss but don't set the stop loss of course until we have a candle closed over the black line.
So here we are going to be running a very tight stop loss therefore when and if we enter into this trade you have a 25% upside potential and a downside of around 2%.
So risk is 2% reward is 25% if you like these odds follow this trade but ensure to follow its instructions, We can hit these targets and more this coin is on a bottom.
Now there is a small possibility that this coin breaks low of the triangle in this case we clearly don't buy and anyone holding would sell...
All indicators are telling us that we are gearing for a break. I can see momentum there but I have never traded this coin so I can't tell you what sort of move it will be but based off chart history its made some big moves very quickly and the upside is huge.
Please don't be confused with this trade we have a black horizontal line and a triangle we need to close outside the triangle before we buy. Then the next candle that closes over the black line we set our stop loss to the black line. If this coin takes off the candle that breaks triangle might break it and closes over the black line. When you enter this trade you need to watch it until we are past the horizontal black line.
If the trade was to fall for some reason before we close over the black line DO NOT let your coin go lower then the bottom of the triangle.
Any questions comment away.
Cash Is King! Since posting we have an average daily profit of around 20% at the moment of our trades so we are going great!
I am Always here! You want to make 20% a day? You want loads of cash? The read this and just relax and follow the instructions on trades and is simple as that life is great we all make cash.
Peeps loads of people asking about Btc crash is it going to 6k now do we see alts do we close trades. Let me tell you exactly what I am doing then you can decide what you do.
I posted a similar chart to the one above it shows BTC moving up and down in its current channel. We could stay in this channel for hours, days weeks who knows we have strong support on base red line and strong resistance the top green line.
However each time BTC moves from the top end of the channel to the bottom end DO NOT FREAK OUT. This is 100% normal as its bouncing between resistance and support.
The moves in between the 2 will start to happen faster and more often as people are buying and selling this channel all day long.
However until BTC breaks the low of the channel we have a GREAT opportunity to trade alts while we have some stability. Please look at our alt trades so far we are averaging 20% per day in profits on each trade and running without a loss. We can only do this while BTC is in the channel when it breaks low of the channel we may only get 5% a day on the alts. I am going to trade alts do you want to join me?
When the market turns and is more bullish we will be getting 50% per day on alts but I can sleep with 10-20% for now.
Point of this post is for you to relax BTC is in the channel I have posted this in 2 timeframes for you to monitor, please set alarms on bottom of channel prices to keep you up to date.
So forget BTC for now and come join us making cash! We are making good money lets keep it up.
Cash Is King! I am going to make you rich! We will earn together!
*Attached below in related articles are our current trades running.
Pigeon Delivery! Ok here is a coin I want you all to watch in this formation.
We have a very bullish divergence showing but we are lacking volume. Here the volume is important to break high on this set up.
Now if we break high of the triangle buy the first candle to close outside, if we break low clearly don't buy. If your holding this coin and we break low sell.
After you enter (if we enter) please set your stop loss on the grey line. This takes away the risk, we will see the break in the red section of the triangle.
We are in an upward trend here and have been for a while but we just need that volume to pour in for the next leg up.
Cash Is king, loads of choice today, all trades are going great so we best enjoy the good times ahead. Trades are forming better whilst BTC stays in its channel so lets make hay while the sun shines!
Echo Echo !! BTC Hump Back Whale IndicatorThe HBW is turning into a signature bullish BTC indicator !!
It looks like a Heartbeat but it's clearly an ASH - Asymmetrical Heartbeat.. (Lightning Bolt Bullish Family) Recent history tells us not to short this baby..
The only thing you can do is take profit at fibs or hodl like a deadly legend..
This Seahorse looking like it died and is floating up side down is the footprint of whales.. Hump Back Whales !!
Just go with the flow and long it why don't you ?? Don't short a Lighning Bolt like an idiot !
I´m taking profit though, cash is still king baby ! lol !