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This chart illustrates Bitcoins performance vs. the US30 stock index. In many ways it resembles the BTCUSD chart, which supports the idea that there is a correlation between US equities and Bitcoin price. A key difference obviously is that if BTC were to go flat while stock prices climbed, the "price" on this chart would drop as BTCUSD was being outperformed...
QTUM Mainnet Release - v0.19.1 - Hard Fork - Mandatory update to introduce Offline #Staking on August 28th will provide a catalyst for buy the rumour sell the news type setup through August. The chart looks promising as price has been consolidating at resistance for about 2 weeks now. Volume shows renewed interest from buyers leading up to this...
Take advantage of Hxro Labs - an experienced trading desk you can personally interact with. A high quality resource to help you improve your approach to the market. Live every M/W/F @ 4:00PM EST Hxro.io
Take advantage of Hxro Labs - an experienced trading desk you can personally interact with. A high quality resource to help you improve your approach to the market. Live every M/W/F @ 4:00PM EST hxro.io
Take advantage of Hxro Labs - an experienced trading desk you can personally interact with. A high quality resource to help you improve your approach to the market. Live every M/W/F @ 4:00PM EST hxro.io
The ETHBTC pair made a significant move last night, after consolidating for 50+ days at and above a historically significant S/R level. Price is at February 2020 resistance (~0.028). If that breaks, expect to see a very big rally in this pair heading into October which is marked by the Gann 50/50 (half the rally taken back, in half the time...
Take advantage of Hxro Labs - an experienced trading desk you can personally interact with. A high quality resource to help you improve your approach to the market.
Cosmos (ATOM) has been trending down since peaking in December 2019. After sliding into the RLZ and trading around the .786 on bullish MACD divergence. Price has now confirmed a smaller and this week a much larger bullish market structure to confirm a trend reversal. Dips in the event of Bitcoin volatility should be considered buying opportunities until...
Volume precedes price w/ Bread Token (BRD) With many signs pointing towards a bullish cycle for altcoins (ETH/BTC strength, BTC dominance breakdown, DeFi fever, NASDAQ mania etc.), it's important to look for clues on the chart that point towards an asset being ready to move. Otherwise you risk sitting in a stagnant position through a multi-week bull cycle,...
We're already in a risk on window and just confirmed bearish market structure AGAIN! Last time this happened was Feb. 2nd 2020, right before altcoins pumped into our spring rally. Using the Bitcoin dominance chart as a guide for when to take risks on alts (risk on) and when to protect your sats (risk off) allows a trader to maximize opportunity and minimize risk...
This Gann square was drawn off the Weekly Binance - BTC/USDT chart using a 250:1 price/bar ratio. After riding the second and third are beautifully. Price has broken through arc 3 and completed a bearish retest of the Gann horizontal at $9730. The 3Day momentum indicators have all rolled over: - Bearish divergence on MACD - RSI crosses below midline - Willy...