The theory that all the assets in the world = all the money in the world. This measures the SPX (S&P500) / the world m2 money supply. The downward sloping resistance had a break (fake) out, and it looks like it is rolling over at a treacherous point. Downside for the SPX expected
Ive been following a theory about how a bounce on the moving average on the RSI can indicate movements. This is a quick look on the weekly. There is turmoil in the markets, and the stock markets look ready for a steep correction. The VIX has bounced hard on the RSI MA, so im expecting volatility
I see an over extention and a confirmation that we dont belong above 30k. Stochastic crossover, Market cipher looking bearish, and the rising wedge formation is broken which is bearish
Just looking at the similarities, History doesn't always repeat, but it tends to rhyme. Could BTC be moving up to defend the weekly death cross on the weekly? Stay tuned to find out!
just looking for a trade Fib level lines up with the trendline. Will take the trade when the time comes
The DXY has printed a reversal candle and is on the way to an engulfing candle I think that a possible bear trap in the markets is likely Bullish divergence on the RSI And Vumanchu vs price and a breakout of the trend line
This is the crypto market cap minus btc and eth. A nice invalidation level, you cant trade this directly, but can use it as a guide to know whether alt coins will run
A close above 21400 to remain bullish A retest in the area selected If it closes below, this was a bull trap Im expecting a sudden price jump up, with a quick retest of the fib levels. Will see what happens from there
NFA, just looking at levels will decide on trades when they appear on rsi and candlesticks
we have started some bullish momentum to start the new year! (on the weekly, so this will take some time to play out) Comparing the 2014-15, 2018-19 cycle with the 2022 bear cycle Measured 427 days (this week) the previous 2 drops have had a retracement of 85%, and we are currently only at 76%. An 85% drop would take BTC to around $10 000. previously, the 50...
On the 14th of November 2022 Things are a bit more complicated, the fed is trying to draw money out of the system, and we have had a lot of big companies be taken down through fraud thanks to SBF and his criminals. We have identified the downwards trendline - 2 of them to take note of And the priced has retraced below the 0.768 level The RSI has had a technical...
On the 11th Feb 2019 We have identified the downwards trendline And the priced has retraced below the 0.768 level The RSI has had a technical breakout And on this date, we had clear bullish divergence . Due to the covid crash, BTC came and retested the level that BTC broke the trendline, confirming the uptrend
In April 2015 We have identified the downwards trendline from the high And the priced has retraced below the 0.768 level The RSI has had a technical breakout And on this date, we had clear bullish divergence (well the RSI started to increase, there was no lower low but the price was more or less equal) In August BTC came back to retest the trendline to confirm...
On the 17th of November 2011 We have identified the downwards trendline from the high And the priced has retraced below the 0.768 level The RSI has had a technical breakout And on this date, we had clear bullish divergence. On the smaller time frames i am confident that bitcoin broke out of its trendline and retested before leaving this price level
Today I did the DCA into BTC at 16850 There is bullish divergence that has printed, and i feel like the markets are oversold. I believe that we may have some more downward momentum, but there are also a lot of macro factors that suggest that there is more than can go right for bitcoin than wrong This graph shows the levels i plan to DCA into bitcoin at. Note the...
My trade that im eyeing out, lets see how it plays out
similarities in the structures: BTC is at the trend line A bearish crossover has printed there was bullish divergence on the market cipher b blue hills Btc then went and touched the top resistance before making a new low which was the bottom Possibility of it happening again?
The Rand seems to have a double top formation on the price action, which suggests that the ZAR is to strengthen to the USD in the coming months/years The MCB also printed a lower high, which suggests momentum to the downside