Probably nothing. Just Vanguard Energy ETF pointing south, and BTC north.
This might be the green light confirming the bull run.
Rhythm of History Every Bitcoin cycle tells a story. The 2013 cycle was about discovery, the 2017 cycle was about euphoria, and the 2020 cycle was about institutional awakening. This cycle, however, feels different. It’s a narrative of integration, of Bitcoin weaving itself into the fabric of economies, regulations, and global finance. It’s about the world waking...
Marathon Holdings (MARA) is showing strong technical momentum as it aims to break out of a long-term symmetrical triangle pattern, indicating potential for continued upside. The chart highlights a well-defined ascending support line and declining resistance, which has now been tested and breached. Volume trends are supportive, with increased buying pressure...
NIO Q2 Performance signals potential reversal of a 3-year bear trend. NIO Inc. has been in a prolonged bear trend for the past three years, with its stock price consistently pressured by the unfavorable CNY/USD exchange rate, a factor that has affected many Chinese stocks in the global market. However, despite a challenging Q1 2024 that initially appeared weak,...
In late 2020, after the halving, Bitcoin experienced a significant pullback to around $19K-$16K, which at the time was near its previous all-time high set in late 2017. This level acted as a strong psychological and technical support area. The rebound from this level marked the beginning of a major bull run that lasted through 2021, with prices eventually soaring...
Nio's stock journey: IPO at $6.28 in 2018, peaked at $62.84 in 2021, now around $5,60/share. Enterprise value peaked at $91.4 billion, now $10billion. While the stock has lost 41.2% since new year, there is light at the end of the tunnel as the stock is in oversold territory and January sales expected to be better than predicted earlier. * RSI finding support...
We see a channel where the price have been in, majority of the time. The circles indicates extremes, circle on top is a result of low interest rates and Covid money supply and the lower one is the correction of the first. This volatility have tested many industries, especially real estate. Have we reached a point where the channel is attracting like a magnet...
Quite interesting setup. Also below are interesting points to consider: 1. RMB vs us dollar, approx +8% gain favor RMB 2. Most commodities are priced in US dollar, a rise in RMB is comparable to a discount in metals of -8% 3. NIO selling mostly in China benefits from the strengthen of RBM 3. Commodity prices are down on average -30% from peak levels 4. Lithium...
Halving of Bitcoin is 1,5 year away, and Bitcoin dominance are at lows of 2018. Before the halving, investors tend to load up - and they load at lowest level possible and ad up during the up waves. Lower levels may be around 8-10K before the reversal and consolidation period starts, accumulation increase towards the halving in May 2024.
Interesting chart development, at same time as NIO taking more space on media and showing growth on sales and deliveries.
NIO earning report shared with the market their ambitions and expectations on Q4. China Covid lockdowns are being lifted at some regions, specially Hefei (outbreak early October) where NIOs plants are located. This change will correct the delays in deliveries. Sales growth YTD +32% “ CEO William Bin Li said in a statement that the company has seen strong...
Sharing some thoughts of what I see. Bitcoin might be moving towards lower levels and create a bullish divergence on 3D. MACD looks like it might need another support before breaching out. (Proof of investors coming back to accumulate). Bitcoin dominance are at levels of 2018, when price started to hit lower lows. Market dominance shows have Bitcoin investors...
Two major areas to keep an eye on, green areA, and the purple area as a bonus opportunity.
Massive drop and floor confirmed. Weekly indicators pointing at reversal trend, at the same time there is potential for a bigger breakout from the pattern. $WTC #WTC
One of the most interesting blockchain out there when it comes to supply chain transparency. With new regulations about climate change and higher transparency on supply chain emissions, WTC can have a great opportunity to take lead in other areas where transparency from supply chain is needed. Technical, it looks like an bomb to explode, and moneymakers has...
Given world monetary policies, we might se an correction on gold coming weeks. The question is if the circumstances will change and 1680 will hold and get back in a bullish divergence. Or, will we see any changes in the global economy which will give support to buying gold as a safe store of value in stormy days. Interesting time. What do you think might be a...
We are facing the BTC halving and the big question is are we seeing higher highs or lower lows? The big difference to other halvings is the fear of Coronavirus potential second wave. Bitcoin is surging thx to people moving big amounts of money outside of SWIFT. In a pandemic economy where lots of people are more cautious and fearing a second wave, I believe the...