Total has bounced off of resistance, but the indicators are pretty low. The value has also reached the extreme bottom now and is very likely to bounce up in a try of reaching the 1,4~1,5 T marketcap. We need to monitor DXY, BTC and SPX to see if that is possible.
IT already broke the wedge, we are waiting for BTC to get out of this consolidation so we get the long awaited small bull run of hope, before the final countdown. Want me to analyze another asset ? DM me or comment your suggestion.
BTC is still slave of stocks - or even worse - But it may be because of the trend line restest here on the chart. Other than that - many hidden bullish divergences and I expect Crypto to come alive to retest the daily 200 ema in the near future. DXY, SPX, VIX and BTC analysis agree with this perspective aswell.
DXY is playing with us again, although a small push up doesn't scare me. Big hidden bearish divergences on TrendExhaustion and RSI, Even if we pump a bit higher, we will come down as drawn before. Patience.
So this start of the week isn't the most bullish, but you want to trade what's not on the chart yet. Checking H4 indicators, TrendExhaustion and RSI signal a hidden bullish divergence, meanwhile the price does new local lows - I expect a bounce to 22' (at least) in the near future based on that. Another Signal comes from the Divergence Spotter ("L") which...
So we've reached our goal almost exactly at around 26 - and all of that without retesting the broken wedge. Expecting now that pullback before the crash - this would bullish for stocks and crypto. This week could be pretty green.
VIX keeps going for the retest of the broken wedge, I see more downside ahead which will be bullish for stocks and crypto.
SPX is moving as predicted - possibly double top or the euphoria will breakout to the upside - I keep monitoring but bullish on stocks for now.
Still awaiting for BTC to push up. Volume Trend has been low for many hours, Highs&Lows are relatively low aswell, RSI didn't get overbought at any point lately - Waiting to see a push before a correction.
The main comment about crypto's marketcap is already published under the TOTAL analysis, but here we can see that VolumeTrend is reversing up and Momenter has signaled a reversal in Momentum. Bullish for now.
As you can see - we reached the triangle's target perfectly and bounced off of it. All indicators are either resetted or in middle ground open for rising - We can witness a push to the descending trendline once again.
Here as expected - we keep pushing up - Stocks are rather consolidating, but crypto is pushing up. We just crossed the descending trendline after bouncing from the bottom. Seems crypto want to make up a bit last falls compared to stocks and push up a bit. This chart needs to keep rising in order to see a relief in crypto.
Here as expected - DXY is exhausted with pushing so much up, that it didn't even reach the wedge's top line and stopped at the horizontal resistance. It started moving down and expecting it to move as I previously predicted - go for the bottom of the wedge - and a final bounce up and go down for the much needed retracement. Additionally EURUSD is also looking...
After the HTF wedge breakout - we are expecting a retest - and it just started going down filling the gaps - although we didn't fully reach my wedge target yet. Therefore I expect it to happen after we retest the wedge (even better if we do so before that). One thing is good here - VIX didn't go parabolic after a long bullish streak on the markets - meaning...
As we can see, stocks are forming a round bottom which is good, although we still can see a pulldown to 200 ema h4 before going up and retest local tops. We are sticking to the plan, markets seem bullish.
BTC is so far sticking to the plan. Here on H1 we can see the whale money on Trend Exhaustion going up, but be cautious ! is is already high - a pullback is expected in the short term. Also HighsLows and Momenter are looking good as they signaled a reversal to the upside aswell. We are headed to 50ma on h4 and will most likely retest 200ema h4 afterwards - the...
The NDTH is a chart of the percentage of Nasdaq 100 stocks that are above their 200-day moving average. This chart, although looks like driven by fundamentals - has created perfect tops and bottoms to be able to chart it. We have re-touched the bottom on the midterm and value is still withing this descending channel - but all looks like in favor of some relief by...
So I've been tracking this for a long time - already worrying was the fact that we crossed that all-time trendline - now we just retested it. Everybody is euphoric about Inflation possibly having peaked, I'm still concerned this is just a retest.