Look up the fear and greed index on the market, people er moving their positions from stocks to safe heavens and bonds.... Stocks are too risky for the time on.
Nasdaq is a long investment, but this time it needs a correction. VIX is increasing, which is indicating weakness in the general market. SPRT, AMC and GME will increase in price if the nasdaq fall in price. Resistance is 16.000 but we are not going to see that level this week or next week. 15000 is support. RSI divergence pattern is forming, which is indication a...
As you see, BTC is going to break the invers head and shoulder. Remember options expire on friday, the weekend is going to be wild!!!
on the 30 april, options expire on btc, look at the last friday in each month... buy on friday (btc. mara, riot, HIVE)! dont tell me that I did not tell you ! Good trading. The rise will be around 12-20 % from bottom to top on the next swing.
So my last idea was right on dxy, now I see a head and shoulder formation. If you look closely you can see many head and shoulder formations the last year, and we all know that dxy is going in a strong bear trend this year. The price of gold will benefit from this, and we will se a rally in this summer
dont FOMO in BTC right now, just give it a little time before going long in it. I am super long on this equity!
As you see, the red line below is the support.
As you see, the same price action of a pattern is repeating, volume is down, RSI i falling, give it a little more time before lift off --> 60 K
In the short time frame yes 58 K is not going to be broken through, but in the long term, yes BITcoin is goin to 60 K in a week or so
We are going for the 60 K resistance, but we need a bit of cooling off that what we are witnessing here and now.
Bitcoin is goin to like the next two weeks from now if dxy falls to the 0.3 fib, as it did earlier this month. MACD is showing short-term weakness, let us see if this becomes true.
You see it, MACD is going down, we must test the 2,01 level before it goes up again. A company with good potentiale.
MACD is trending down, RSI trend also trending down, 1. April is very important for BTC, but if it breaks the line, BTC will continue its bull-run. If it does not break it, wait till it retests lower levels 49-51 K. I am long, but this is very important for BTC to break to continue its bullish run.
Just a little idea, lets us see if it holds.
According to MACD we will see a new wave to the upside very soon, I will buy more tomorrow around. 52K
History tells us that BTC reverses from a bearish trend to a bull-trend around 1 april. The bottom is around 49,2-50 K, and we hit that yesterday. Now we consolidate before the trend reverses.
A pattern can be seen, price will not break throug 60 K at this time, maybe in a week form now