In a bull market, this blue horizontal line represents the lowest closing price between the point after all 6 MA's moved below the point of control and the point where all 6 MA's were no longer below the point of control. This pattern has happened 3 other times in bitcoins history (2011, 2012, 2020, and now in 2023) but has not happened every...
Analysis of the Cardano price reveals that the bulls are in charge and that the market momentum has recovered. The price is currently at $0.4324 and is anticipated to increase even more to reach $0.4348. Cardano is hardly an exception to the recent market volatility. The bulls drove the price of the cryptocurrency above $0.43 to kick off the week strongly. But the...
Bullish are up , buyers are in now control. Bullish tail candle at the bottom called and have buyers to be in control. Please use proper risk if your day trading its pretty spiky
Hi! based on MIIPA STRATEGY's 1H and 4H timeframe, I see a retest at Key Resistance Turn Support and a confirmation from MIISC STRATEGY showing a smart cross on 4H with a clear Bearish Engulfing and also on 1H and 30M respectively. On 30M currently, price needs to invalidate the price level at 85.119 and if this is achieved, probability is high for a sell to the...
GST is forming on the 4h a potencial W-Pattern to retest the support line. The golden pocket comes in directly above the EMA Ribbons. The Point of Control is at 2,92 $ so still a long way to go. But first the support level must definately hold. Will update you here on the potencial W-Pattern if still plays out or not.
Price is retesting our non horizontal resistance that can now act as a support. Moreover, we are around a support zone and our 100-MA on the H1 was broken earlier today. Will the buyers win this one or the sellers are still in control ?
Trying to maneuver our way into how to enter actual trades during this chapter. Talks about reversal patterns and candles are happening. The eventual talk about how "not everything is textbook" and "you just have to use your best judgement" is also being aired. He keeps talking about selling when price is in the upper area of the channel. Probability states this...
Additional comparison with the MOVE index, a sister to the VIX which measures volatility in bonds (as opposed to the S&P500). The fed may be forced to control the yield curve, a move that many see as inevitable and generally, positively correlated with the precious metals' performance. I'll add to this thread as I learn more, interview with danielle dimartino...
Bitcoin is so sideways right now that the market looks completely controlled. Nothing makes sense. Welcome to 2020. This thing is ready to blow, any day now...
Are conventional -term analysis tools anachronistic for this crash period? Given the huge influence on the current market, and their policy perspective, I wonder if an engineeering-control perspective is actually more appropriate, and may describe what they are doing. If we take the perspective, and I am plainly incompetent in these areas, key...
This is my long term plan. Before the halving I think that bitcoin will reach at least $50,000. If for some reason bears will take control of the market, which I doubt I plan to load up at $1500 My twitter: @CryptoWolfy7
ATVI The November present might be a few days early this year. Pick a horse and enjoy the week into May of next year. For own use.
LNG GLNG OMXSTO:FLNGO OTC:FLXNF
I have been posting about the BTC bears for some time now, and my opinion is still the same; the Bears have strong control. As you can see the RSI is moving into oversold territory after the recent drop from $7,400 to $7,300. However, their domination could soon find a short term end, as BTC is dropping close to long term support of 7,000 USD. I couldn't imagine...
Bitcoin: BTCUSD Breakout to upside today is very bullish. Bitcoin bulls are back in control. Look to follow the break and buy the next dip if not already long.
BITCOIN: BTCUSD The bulls are back in control of this stock today whilst it holds above the upper parallel. This little consolidation is likely a continuation pattern pointing to the upside - that continues to be the case whilst it holds up above that parallel.
Key suport area tested 3 times and now looking for to Buy after crossing 100MA on 5 TF. Pretty good TP and SL. It wont kick my ass since this is a low risk trade.