People are confused at the moment, "Why is Bitcoin struggling when it's 'supposed to goto 1 million" This chart simply shows how BTC is controlled by Wall Street already! On the left is BTC, on the right is SPX500USD. Use mouse to pinpoint major adjustments in price!
The bear divergence is entering an inverse H and S pattern. The pattern is about to finalize shape. Big move ahead. Could go either way. Good luck and stay tight stop loss which ever way you choose. Volume will be on the rise at that test point
Bear divergence is nearing a key crossroad. However the bear bots could only keep the price sideways, which means that they couldn't keep up with the bulls. Use alerts on trend lines to protect your long entry. Good luck! Hope this is the next leg up for BTC!
#BTC #ETH The 12 hour chart is showing an inverse head and shoulders formation that is coming to an end. Make sure you use support line for stop loss as always. THis chart is sharable. If you scroll back on it you will see just how crazy accurate the cloned support line is with resistance tops. The 2018 actually lines up as will with resistance! Anyways. I don't...
#ETH testing the bears here on moving average oscillators. Set alert on the resistance trend line and let trading view work for you. I'm neutral here, but with all the rumors of ETF's forming around the world for crypto, it's a bullish sign. Happy hunting!
The DXY is at a major crossroad. If Inflation report on the 10th is less than expected, then I expect they DXY to continue in a bearish direction. I am neutral here. The RSI is showing desperate bulls. If the inflation report is lower than expected. Look at chart for fall back zone to rebuy if you are still bullish on the dollar. Just to let you know, this will...
#NVDA Take profit here or keep moderate to tight stop loss. Bear divergence building on the RSI 144 fib lookback on the 4H chart. Look to buy back in at support trend line or wait patiently for the bear divergence trend line to break out bullish.
The 24 hour US stock indices have a solid correlation and showing you where buy support is. The top chart is the US30USD. The middle is the SPX500USD. The bottom is the NAS100USD. Since these charts trade 24 hours a day 5 days a week there never is a gap to deal with messing your oscillators. There is a term I like to use called "No Man's Land". It includes...
Some bull divergence forming on the #DXY 4H Resistance is being tested. I'm neutral here. Plenty of time to get in after confirmation if you want to be conservative. Enjoy! See chart for more info
#DXY Can't get anymore cut and dry than this. Funny how indicators can be shaped into place so that they hit key events. FOMC meeting means everything today! If the oscillators drop below 0 value, it's a bear. If price bounces off 0 value, the bulls will continue. I'm neutral here.
Based on the 233 fib lookback for moving average oscillators, BTC has yet to enter a new bull market. At the same time the 144 fib lookback shows a breakout from resistance but is showing that the support trend being tested. Bulls have to hold here so the 233 fib can break out. Otherwise the bulls might have to retreat to the support trend line on the 233 fib...
Moving average oscillators showing a nice triangulated battle zone ahead for the Dow30 A major bull divergence support trend line is holding and nearing a push through the 0 value MA. Yet some minor bear divergence formed on the recent bull push that was rejected. I'm neutral here. Will patiently wait for some confirmation Set alerts on trend lines and let...
SOUN previously tried to break out of a bear divergence resistance detrended line. But failed after earnings report. New symmetric wedge formation forming on the detrending oscillator. Big questions to wonder... Will the DXY return to a bull market and will the stock indices hold negative correlation to it like they have for the past 1.5 years. If indices...
Great opportunity here to buy into BTC if you are bullish. The reason being you can set a tight stop loss if the bears win. Minimizing exposure is key to success in trading. Less exposure less risk.
Bear Divergence Breakout. How far will the bulls push it this time?
Heavy battlezone ahead. Total neutral here. The detrended price oscillator on 233 fib lookback, is showing the bear divergence resistance trend line being tested. If the Bulls push through here then the bear market is confirmed dead. Good luck to my followers!
The Detrended Price Oscillator is showing minor bull divergence building and a bear divergence breakout. Average in over the next few days. If the DPO crosses over 0 value, the bull market will continue. Use trail stop trend line alert to stop loss or take profit.
#BTCUSD is showing signs of a potential bull run. However has wall st. sunk its fangs into BTC enough to control it and tame it into a digital commodity? Commodities tend to hold a negative correlation to the dollar value. The DXY is at a major accumulation zone testing a horizontal support level. Watch the DXY closely over the next few days or weeks. If the DXY...