Overview: I’m seeing a strong bullish signal for BTC based on the latest data from the Bitcoin Volmex Implied Volatility Index (BVIV) and related indicators. Here’s why I believe the current setup favors a potential move to the upside. Technical Analysis: BVIV (Volatility Index): The BVIV is trending lower, signaling that implied volatility is cooling off....
As of October 2024, Bitcoin appears to be entering a period of heightened bearish pressure, with USDT (Tether) market cap dominance signaling significant shifts in investor sentiment and risk management across the cryptocurrency markets. The USDT.D (USDT dominance) chart reflects market behavior that points towards reduced confidence in speculative assets such as...
As CRYPTO30 consolidates, we’re nearing a potential short setup that echoes the ideal conditions from late August. Here's how I plan to approach this trade, focusing on volatility and Bollinger Band dynamics. Why the CRYPTO30 Index? The CRYPTO30 Index aggregates the price movements of the top 30 cryptocurrencies by market cap, providing a broad view of the...
The GOVT ETF, representing U.S. Treasury Bonds, shows signs of a potential bullish reversal, according to our proprietary QuantEdge Momentum System. Key Indicators: Z-Score: The Z-Score has surged to 1.60, signaling an overextension to the downside in the past months. This indicates that the recent downward momentum might be exhausted, leading to a possible...
The SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM) has shown impressive performance over the past months, driven by a general bullish market sentiment. However, as we approach the next quarter, key indicators from the QuantEdge Momentum System suggest that the ETF might face significant resistance, leading to a potential period of consolidation or even...