Bitcoin is back in black. And a short word about global leaders.Bitcoin is back above our very significant black trend line. And that is bullish!
Ukraine
How Will the Russian Invasion of Ukraine Affect Crypto?The Russian invasion of Ukraine has caused the Russian stock market to collapse (as low as 50%), taking crypto prices along for the ride in a very clear way. As the news unfolds we're likely to see more divergences in the way individual coins operate, but for now, the patterns between Russian/US stocks and crypto seem to be moving in parallel.
One thing to be wary of is that during wartime, misinformation and propaganda campaigns tend to intensify, so you need to take everything you read on the news/social media (on both sides) with a grain of salt. Some of the things to look out for to make sure you don't get misdirected during these turbulent times.
Note that while the US media has been saying how great their markets are doing right now, they're also in a precarious situation since a recession is looming just around the corner. What happens exactly, is TBD.
sell on goldcontinuing from yesterday's setup. wanted to wait on a better confirmation, i see bears arre trying to take over the market from bullish wick exhaustion. going to let gold push up a little more, i'm setting an alert to enter the trade. selling near the trend line
outlook for goldwaiting for confirmations for gold sell on 1hr, going to wait before entering since there is a bank holiday tomorrow
Is Russia Setting Crypto up for Success?In this video:
(0:00-3:00) Recap news: Ukraine, Russia, Coinbase, Crypto Illiquidity
(3:01-4:25) U.S. Dollar Strengthening
(4:26-5:14) VIX up
(5:15-5:44) Indexes Down
(5:45-6:38) Bitcoin Dominance Rising!
(6:39-8:20) Bitcoin Rising but still under significant resistance
(8:21-12:56) Is Russia setting crypto up for success? Could they be planning to subvert the U.S. Dollar?
(12:56-End) Outro
Stonk-Crypto Update (#7) : Deep Focus on AAPL & GOLDHere's your weekly update ! Brought to you each weekend with years of track-record history..
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Phil
Oil Long Trade Idea With LOTS of confluences. In this trade idea I have put together my analysis for a buy trade in Oil lining up 4 or 5 different supporting confluences.
