DIA
$DIA - Decentralised information asset, close enough to DeFi$DIA a decentralised information asset provides financial institutions with financial data
It is also open source, data and oracle platform for DeFi
Token also claims to be a governance token
The FA sounds brilliant
TA looks great too, close above $2.134 and it will be confirmed in the top range, where long term we can target $4.12
Not much else to say, bit of resistance on the way up highlighted by the fibs, might be slightly bumpy road upwards
Powell if you're listening you need to save the stonksAlready seeing stress in the repo market as the demand for cash is beginning to change from The virtuous to the vicious. Weather Powell chooses to believe it or not he may have to intervene to save the stonks/funds caught with their pants down. In the broader market expect correlated selling and the demand for cash.
PSA: Caution rogue robotsThis is a PSA. If you are or are not aware of what is currently going on in the market firms are being held hostage in the gme standoff. To meet the obligationsof the contracts they were selling naked (calls) firms are liquidating long positions broadly. Looking at the Cebu skew it is currently at one of the highest levels it can possibly be meaning that there is a 10 to 12% chance of an outlier move of roughly two to three sigma. you can see that very apparently on the SPX options chain as most of the downside weight is out of the money roughly two standard deviations. The vix is currently in backwardation with spot vix above the futures months. These conditions are similar to what we have seen during the corona crash. However we have yet to see if the market can regain price ranges. Currently realized volatility is exceeding implied volatility meaning the market is not efficient. So once again caution rogue robots
DIA / USDT (Double bottom)DIA / USDT (report)
One of strong fundamental coins
Double bottom in chart
As long as it hold above this green area its extremely bullish
Long term is great but as i said should hold above this green area
Current price around 1.9$
Potenial next targets 2.1$ - 2.6$ - 3.5$ - 5$ ++
Daily close below green area will turn bearish short term
Make your plan before enter a trade
Best wishes🙏
Dow Jones Rising Wedge - I still say it is a top (for now)I know the market is super bullish, but this pattern looks like a top to me. It could stretch it out for another week or so, but that flat top is pretty clear. I still see the larger blue triangle that could take us even higher, but looks like a some level of correction should come first.
DIA leading TRBDIA leading TRB
As the title says, DIA is running on the cycle slightly ahead. This creates opportunities obviously.. :) But they are quite in the lockstep movements.
Because of the supply and some of the tokenomics I decided to jump the DIA ship and board TRB instead.. that may have been a dumbass move. One problem is the per token cost of TRB will put off noobs. They'll buy DIA instead as they just get more. But we shall see which prevails.
Seems DIA also uses more of a centralized database within the functionality of their oracle service, which kind of defies the whole point of decentralized oracles. My friend brought this up and it kind of put me off DIA a bit.
Regardless these are two rather obvious oracle small cap plays, which no doubt will pump like crazy at some point in this cycle. They actually have some utility.
glhf
DIA about to break out?I am hoping to see this daily candle wick back below the box and then a lower volume retest of the green line tomorrow, before a big push up with good volume.
The stop can be relatively tight here, so this is a great trade to take.
After the months of accumulation, we will hopefully pop quite high.
This time is...⏰ Market exuberance:New secular bear market? 🐻Hi mates, stock market is probably near top and next huge market meltdown is next door . Why i think so?I want to share with you some pieces of my analysis:
📌S&P500 vs. Utilities sector ratio
It seems it could forecast short and mid term corrections in stock market but it looks like its good indicator of broader market cycles as secular bear/bull markets. A secular market trend is a long-term trend that lasts 5 to 25 years and consists of a series of primary trends. A secular bear market consists of smaller bull markets and larger bear markets; a secular bull market consists of larger bull markets and smaller bear markets.
📌Yield spread
Inverted yield curve is leading warning indicator of future recession.
The basic principle is whe yield spred inverted (was in negative territory) you can expect recession in next 12-months.It happened when Dot.com bubble bursted in 2000-2001 and so in Great financial crisis in 2007- 2008 as you see in chart.
📌Put/Call ratio
The put-call ratio is calculated by dividing the number of traded put options by the number of traded call options.
You can use it as contrarian indicator to determine how much Bullish/Bearish the market is.
An extremely low ratio means the market is extremely bullish. A contrarian might conclude that the market is too bullish and is due for a pullback.
Contrary extremely high ratio means the market is extremely bearish.
In my analysis i using 20day MA of Put/Call Ratio an looking up for divergencies.
📌VIX divergence of 20 MA
📌Nasdaq vs Russlel 2000
Just so similar pattern on monhly chart of Nasdaq and Russell 2000
📌Other factors
Margin debt acceleration is another sign of speculative frenzy in the market
Margin debt is not a technical indicator for trading markets. What margin debt represents is the amount of speculation that is occurring in the market. In other words, margin debt is the ‘gasoline,’ which drives markets higher as the leverage provides for the additional purchasing power of assets. However, ‘leverage’ also works in reverse as it supplies the accelerant for more significant declines as lenders ‘force’ the sale of assets to cover credit lines without regard to the borrower’s position. Here is chart
Total market cap of negative earnings of IT firms near $1 trillion its more than 2000 -2001 Dot.com bubble. Source:KailashConcepts
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