Going Long on Copper: I’m taking a long position in CAPITALCOM:COPPER at this level. If it retraces, I plan to add to my position down to around 4.15. The weekly downtrend has ended, and this week’s price action has erased the previous bearish expansion bar. There are signs of bullishness on smaller timeframes, and the daily chart shows an active uptrend for...
Sorry to break it to y'all, but the BTC chop isn't finished yet. I expect a drop to around the $40ks which coincides with the Nov 22 low from a momentum perspective, unlocking another 10 months of upside like we previously experienced. CAPITALCOM:US500 is the main cause of this, which will cause another capitulation event before assets break correlation and...
Areweave has found support so far at the $21-$23 range which coincides with support that has worked earlier this month as well as in prior years such as February 21st, 2022, and August 23rd, 2021. However, the wicks through it look somewhat worse this time around and if we get any more pullbacks from CRYPTOCAP:BTC & CRYPTOCAP:ETH with anymore escalation of...
nxra bounced form the 1M OB and has broken internal market structure 1.62 fib from here is the 15c area (2x) and also the channel roof if the coin breaks out from the channel 2.62 fib and 20c is the next target (3x) avway from ATH and ATL supports price around 7c
The "TBO" indicator was created to show the strength of the trend as well as show breakout and reversal signs. The U.S. Dollar Index (DXY) has been an important metric for gauging the sentiment of TradFi markets (SPX, DJI, FANG, XAUUSD) as well as crypto markets (BTC, ETH, TOTAL), which means that all TradFi and crypto traders should be paying attention to this...
For the past year the Runner Bot SELL Signal has been on point for DJI on the H4 timeframe. If this rollover of strength from the Bulls continues we are looking at revisiting the $30,000 Support Block for this move. - Bullish Candle Color rotation to weakness. - RSI X Colors rotation to weakness. - Runner Bot firing off a TOP signal (sign of weakness). - Last...
where will ALBT be within the next couple of months? Will we move lower into the $0.06 price range or higher? Are we at the bottom with Bitcoin yet? I personally think we may have just one more dip to test the support we hit back on May 12th. If not, then we may have seen the bottom for BItcoin and AllianceBlock may move higher from here.