It's been a while that inflation is present and more than ever it's here to stay. While doing regressions I could notice that the precious metals do incredible well when inflation is over 6-8%. In this macro scenario, I have very good reasons to say that inflation is here to stay. At the same time, the golden metal is doing a beautiful cup & handle which is a...
Recently BTC broke a medium-term 60k resistance. I was waiting for this breakout for quite some time as the 60k was very strong resistance. Now that coinbase is going to be listed on NASDAQ I expect an upside momentum around all the crypto markets, mainly bitcoin. According to the triangle pattern breakout, I expect the next resistance to be around 80k.
The Euro continues to depreciate. There is a bear momentum both in the 1d and 1h range. Morover, I'm expecting the speech of Lagarde to be very dovish and at same time the possibility of an interest cut bigger than expeteced.
The reason can be find in my article: medium.com
After a big pullback that was expected we can see signals of recovery in the cryptomarket namely in BTC. 10k was previous support and now it is acting like a resistance and therefore after breaking the 10k BTC will go higher
BTC had a very huge bull momentum and it was inevitable that a huge correction was coming. The best support is 8k/7.5k so there is a high probability to catch the dip. Besides that the RSI daily finally went below 30 suggesting us that this is relatively undervalue, usually when the rsi daily goes below this number it uses to go up after.
BAT and his biggest and major resistance at 6.5k. It touched sevaral times and after it went down to form a long cup&handle pattern and now it touched for this time again the 6.5k resistance! I'm expecting a litlle pullback to do the handle and after go higher. If BAT breaks the major 6.5k resistance it will fly like ethereum when it broke his major ETH/BTC resistance.
Neo hit several times the 110$ forming a good ascending triangle. I think is this time that NEO will push forward
I am not certain in that one because some of my indicators are telling me opposite signals however I think we have more than 50% probability that ethereum can go beyond this resistance. Ethereum has doing very well and it is catching up his BTC value. Even if the scaling is not for tomorrow I think his value is still to low compare to the overall market.
I'm holding BAT since a while because i think it is one of the best projects in the crypto space and also trading it a little bit. For my surprise i found today a very beautiful cup&handle pattern suggesting me that BAT is about to keep going higher. The handle has touched 2x a long time frame support/resistance and BAT is also enjoying the unit bias a feature...
After a small correction to 14.5k we are gaining upwards momentum
Ethereum has been in a very bullish trend, and the more it touches the 1000$ resistance the higher probability there is of a breakout over 1000$
I made the call of stratis at 3$, in the bottom, and it went up quicker than i was expecting and it already touched several times his ATH. Because of the quick rise and the slowdown of the total crypto market cap rise this trade can be risky than the others but I still consider if it breaks its ATH the risk/reward will be very positive
ascending triangle formation
What's up guys. With all that hype a traded very little. My strategy is to pick the best entries with preference for not hyped coins. So I was trading ethereum and i bought several times when it touched the major support, 400$, and sold usually at 480$. With all that FOMO on the cryptos, ethereum has not being touched yet but I'm expecting that it will be in the...
For everyone following the market I think I don't need to explain why the market will move up on monday. Unless we assume that the tax reduction expectations were already include in the price but this is a very low probability hypothesis for me.