WTI CRUDE OIL - Breakout, Retest, resumption. Slight Overhead resistance @ the .618 level - $81.00 range; If & when that level is broken - Test of the .786 $110.00 level would be expected. - Higher Oil & Natural Gas prices will cause another, larger wave of inflationary pressures on consumer goods. - Alternative Green Energy initiative would find itself...
TO HELP US GAUGE BITCOIN & STOCK MARKET SENTIMENT, I'M PAYING CLOSE ATTENTION TO THESE 3 CHARTS. - ( DXY , CRUDE OIL , AND 10Y YIELD) DXY , ( Dollar Index ) The Price Of WTI Crude Oil & The 10 year Yield. LOOKING FOR: A Weaker DXY With Crude Oil Higher and a Stable 10 Year Yield would be BULLISH For The Stock Markets continuation to the upside, and safer...
TO HELP US GAUGE BITCOIN & STOCK MARKET SENTIMENT, I'M PAYING CLOSE ATTENTION TO THESE 3 CHARTS. - ( DXY , CRUDE OIL , AND 10Y YIELD) DXY , ( Dollar Index ) The Price Of WTI Crude Oil & The 10 year Yield. LOOKING FOR: A Weaker DXY With Crude Oil Higher and a Stable 10 Year Yield would be BULLISH For The Stock Markets continuation to the upside, and safer...
TO HELP US GAUGE BITCOIN & STOCK MARKET SENTIMENT, I'M PAYING CLOSE ATTENTION TO THESE 3 CHARTS. - (DXY, CRUDE OIL, AND 10Y YIELD) DXY, (Dollar Index) The Price Of WTI Crude Oil & The 10 year Yield. LOOKING FOR: A Weaker DXY With Crude Oil Higher and a Stable 10 Year Yield would be BULLISH For The Stock Markets continuation to the upside, and safer...
My 2 Sats on Bitcoin right now, Bitcoin has bounced from 53,000 overnight and is turning bullish on 4hr time frames. I detail in the video where I think it's going and the most likely scenarios going forward. Join my discord and introduce yourself... I will be giving the first 100 people who Join a chance to try out the new trading indicator once it goes...
Avalanche is looking good here, as long as Bitcoin does not ruin the setup. Were a bit over extended on lower time frames, I'm looking for a pullback to retest the lower trend line for a high R:R entry with a tighter stop loss. I think Avalanche is going to be a coin you'll want to accumulate a bit of and can do well this cycle. Strong setups like this can...
Bearish Divergence on the Daily (Add) If the .76 Fib does not hold, And IF Bitcoin breaks below Blue 30 DMA, Looking for retest of .618 @ 40K range. IF 30 DMA holds price, Ill also be looking to what the DXY looks like.
XRP in symmetrical triangle, Ill keep an eye on the progression, Keeping in mind SEC news and Bitcoins ultimate direction of movement will also dictate the way this breaks in the short term. Depending on technicals at the time, Buys stacked at .36, .32, looking for possible bounces.