BNBBTC is at the top of a falling channel, which has been the case for 1.5 years. Price is now hitting the top of the channel; and RSI looks weaker than the last rally to this point. Volume is also weaker than it was the last 2 rallies; so I wouldn't expect a better result to come from here. Hopefully those sweet sweet transaction fee savings make it worth the...
DASHUSD is in a falling trend for the last 3 months, and we have hit the top of the historical bound. RSI is also at it's retrace point...and volume is no where to be seen. #crypto
ETHBTC looking to pour cold water on Ethereum bulls; as the BTC pairing is right on it's long term resistance. With Bitcoin seeing a +2% move in sympathy with the ETH pump; we could see a broader move there which will pull this value pair back down to it's trending support. #crypto
ETHUSD has broken it's resistance! Yesterday is was teasing and testing: But today, it has exploded through and left the bears scrambling. #crypto
SPX pushing higher, and RSI has plenty of upside. We are in a bearish divergence though, the bullishness is due to fade off.
WES is testing the pre-covid high point; but RSI is starting to weaken into a bearish divergence.
ICONBTC triggered a buy order in a rising channel. The upside here is ~30% from here; with a 5% risk to the base of the channel. #crypto
BCDUSD continues to rally, and volume - while low - is quite stable in it's pattern. The yellow line represents the +4 deviations; which we have now touched twice. #crypto
ALGOUSD has rallied hard, up almost 100% from it's local base low. Will be interesting to see if volume remains in the trade as it slows down back into it's trending buy zone. RSI is flashing early signs of a hidden bullish divergence; so there could be one more run left in this bull before it settles down. #crypto
NEOUSD has bounced nicely off the trend line and is currently rallying into overhead resistance. Buy on the breakthrough; as there is plenty of upside here. #crypto
GOLD is printing a very indecisive doji at the top of the channel. RSI is well into overbought as well. Let's see how the gold bugs react to the news... There is a miner short opportunity here, but really there is no logical reason to take a short unless you are attempting to scalp the position and reenter on the bottom of the channel.
USOIL has dried up....well at least the volume has. Meanwhile, the trend is really clean, with minimal breaks outside of the +/- 2 deviations range (3S.Dev highlighted by yellow lines). Now that the break of the former key resistance has come and gone; no one looks particularly interested in picking up the trend. Interesting.
GOLD rising on falling volume; but it is maintaining trend within the top half of the channel.
SPX has created a new local high point; and it looks like there is plenty of room on RSI for a continuation of this rally.
If you bought this clear Pump & Dump; you should cancel your accounts and never make decisions ever again. #crypto
DCRBTC is in a falling channel; and it's recent breakout attempt was a hard rejection. Nothing nice about this chart at all. #crypto
GOLD is slightly below overbought, but is definitely at the top end of it's historical range.
FAANG stocks are overbought and at the top of a 6 year trend channel. +/- 3 deviations to the mean highlighted by yellow trend lines. I've previously said that, of all the stocks, tech makes the most sense to have remained bullish through this period because of the additional user count that those platforms have seen over recent months... But to be at the top of...