VIX with no surprisesVIX keeps going for the retest of the broken wedge, I see more downside ahead which will be bullish for stocks and crypto.
TSG
SPXSPX is moving as predicted - possibly double top or the euphoria will breakout to the upside - I keep monitoring but bullish on stocks for now.
BTC waiting for the push upStill awaiting for BTC to push up. Volume Trend has been low for many hours, Highs&Lows are relatively low aswell, RSI didn't get overbought at any point lately - Waiting to see a push before a correction.
TOTAL 2 MarketCapThe main comment about crypto's marketcap is already published under the TOTAL analysis, but here we can see that VolumeTrend is reversing up and Momenter has signaled a reversal in Momentum.
Bullish for now.
Crypto TOTAL MarketCapAs you can see - we reached the triangle's target perfectly and bounced off of it. All indicators are either resetted or in middle ground open for rising - We can witness a push to the descending trendline once again.
SPX sticking to the planAs we can see, stocks are forming a round bottom which is good, although we still can see a pulldown to 200 ema h4 before going up and retest local tops.
We are sticking to the plan, markets seem bullish.
BTC pushing upBTC is so far sticking to the plan. Here on H1 we can see the whale money on Trend Exhaustion going up, but be cautious ! is is already high - a pullback is expected in the short term.
Also HighsLows and Momenter are looking good as they signaled a reversal to the upside aswell.
We are headed to 50ma on h4 and will most likely retest 200ema h4 afterwards - the pullback should happen around that area (red line).
Still keeping my longs.
NDTH looking for some reliefThe NDTH is a chart of the percentage of Nasdaq 100 stocks that are above their 200-day moving average.
This chart, although looks like driven by fundamentals - has created perfect tops and bottoms to be able to chart it. We have re-touched the bottom on the midterm and value is still withing this descending channel - but all looks like in favor of some relief by breaking out to the upside. More companies from NASDAQ index could go above their 200-day ma before going finally down again.
Inflation rate peaked? or retested?So I've been tracking this for a long time - already worrying was the fact that we crossed that all-time trendline - now we just retested it. Everybody is euphoric about Inflation possibly having peaked, I'm still concerned this is just a retest.
BTC Open InterestsI can see a diamond being formed and potentially a breakout just happened - treating this as a fakeout based on Trend Exhaustion and RSI being totally oversold - Expecting it to go back inside the diamond soon.
Crypto Best Chart EverBest Chart Ever updated!
We are sitting on support (omitted the long candles down at the beginning of the channel) and indicators are really low on this - I still expect a push up, but losing this will lead us to the main gray trend line - that would lead to retest lows marking maybe even new ones.
BTC DominanceBTC.D has reached the bottom of the descending wedge and broke it. Also we are experiencing now a retest on both the wedge and support.
Additionally Trend Exhaustion, Volume Trend and RSI were on really low levels (oversold), which suggests some relief to the upside. Time for BTC to make up a bit the way!
SPXSPX on support. Additionally TrendExhaustion, Momenter, HighsLows and RSI are oversold or really low - bullishness ahead on the short term.
VIXHere the story keeps the same - wedge broken and doesn't show signs of reversing to retest the broken trendline.
We can expect the 26 target to be hit, but after that we will see a down-move - specially seeing Trend Exhaustion Divergences and RSI being overbought.
Long short-term (bearish for stocks and crypto) but Short mid-term.
BTC/SPX 23/08/22BTC/SPX is looking good. All parameters (indicators) are looking exhausted after reaching major supports and we are now at the top of the descending chanel - Very possible we will break out, therefore crypto would outperform stocks for some time. This can happen in both ways - either stocks will go down and crypto will hold price, or stocks will consolidate and crypto will pump.
I'm still bearish long term, but a push up is possible for bitcoin judging by this chart.
DXY 23/08/22DXY has been pushing to the upside for some time now. We had two fakeouts, but overall expecting it to break to the downside - specially with VIX reaching its target soon and probably reversing.
Indicators aren't looking good aswell - Trend Exhaustion and Highs&Lows really exhausted - expecting this wedge to break to the downside and retest the broken trendline at 102.5 area.
VIX - 23/08/22VIX has broken its descending wedge resulting in a target of around 26.
News aren't too bearish and markets seem euphoric, therefore I don't expect we would pump higher than that and we will most likely go down to retest the broken wedge.
On the other hand - if we break that 26 level, things might get worse and gain speed. Crutial level to look at.
BTC - Uncovering more of the analysisTop of the Mornin'!
Everything you need to know is on the chart - I remain bearish on the longer timeframe, but for now - I'm going to hop on this scalpable bounce up to around $57k area.
Cheers!
BTC - Prediction nailed, now what?Top of the Mornin'!
So the prediction about the rested of last lows was nailed - now I expect the price to bounce up to 55-58k area by mid march.
Hard to say if the momentum will drag the price higher, we will see how the price behaves there - but I'm expecting this to be a dead-cat-bounce and we could revisit yesterday's levelss afterwards.
Cheers!
BTC - Soon to bottom outTop of the Mornin' !
I'm still bearish, so I have ticked the Short option, but the case is a bit more complicated than that.
I still don't think we have touched the bottom here. And by bottom I don't mean the price, but the supporting trend line that bounced the price every time.
We almost touched it, but not yet. And I even expect a Black Swan event as an excuse to drag the price there - but that's good ! We're close to it, so once we touch it - we can really think about new All-Time Highs.
So in brief:
- My indicator and price movements in relation to the trendlines are very similar to December '19. So far acting almost indentical.
- We will either drag the price up to 50+k and then fall down to that crucial trendline or we will go there directly (because of a huge amount of options expiry at those levels ending soon).
Once we bottom on my indicator and touch top trend line on USDT Dominance - I'm buying all-in.
Cheers!
BTC - Crab till mid April, then pump to new ATHTop of the Mornin' !
Relying on the behaviour of BTC/USDT.Dominance, we can confirm the main trendline supporting the bull run, that I have been mentioning for a while now - It means we could crab our way till mid April and then see first meaningfull pumps.
Cheers!
BTC - not much to sayNot much - Hidden bullish divergence suggests move up - possibly a strong wick up - bull trap - and then down we go.
