us30 long today high its importants upm us30 today
has been trading within a Channel Down since the November 26 2021 High. The 1D MA50 (blue trend-line) has started to turn sideways but is still untouched since April 06. The 0.050 Support is holding on a potential Double Bottom formation but the strongest bullish sign comes from the 1D RSI which has been on Higher Lows while the price action has been on Lower Lows...
This is a cross-asset analysis of Gold (black trend-line) and the Effective Federal Funds Rate (green trend-line). Following the aggressive rate hiking by the Fed since the start of the year in an attempt to battle an out of hand rise on inflation,
As you see, I've incorporated new measurements on Each Cycle, namely the Parabolic Rally (green) measuring the most aggressive part of the Bull Cycle and the Bear Cycle Resistance (red), which is the Lower Highs trend-line that keeps all price action (practically the whole Bear Cycle) below it until it breaks and the Bull phase starts.
As you see, I've incorporated new measurements on Each Cycle, namely the Parabolic Rally (green) measuring the most aggressive part of the Bull Cycle and the Bear Cycle Resistance (red), which is the Lower Highs trend-line that keeps all price action (practically the whole Bear Cycle) below it until it breaks and the Bull phase starts.
As you see, I've incorporated new measurements on Each Cycle, namely the Parabolic Rally (green) measuring the most aggressive part of the Bull Cycle and the Bear Cycle Resistance (red), which is the Lower Highs trend-line that keeps all price action (practically the whole Bear Cycle) below it until it breaks and the Bull phase starts.
As you see, Cycle 3 (orange trend-line) did diverge again from Cycle 2 (green trend-line) and priced its top considerably lower, which is in line with the Theory of Diminishing returns. However an update had to be made on this in order to more accurately display and project the (future) tops. Notice that this is a Halving centered approach. Every Cycle is measured...
When the very same group of levels broke in the past (May 20 2017 and February 03 2020 weekly candles), the price always reached the previous Lower High, which acted as a Resistance. As a result, a solid approach is to buy now on the break-out and target on the medium-term just below the Resistance at $4.50. Then on the long-term we have to re-evaluate as, even...
BINANCE:SOLUSDT The NewsCrypto token ( NWCUSDT ) has completed a strong correction since the April 02 High, as it hit on Monday the Higher Lows trend-line for the first time since March 15. That is the line that started after the February 24 market bottom. The correction sequence is quite similar in price action with the January 15 - 22 fractal . That formation...
FX:GBPUSD The NewsCrypto token ( NWCUSDT ) has completed a strong correction since the April 02 High, as it hit on Monday the Higher Lows trend-line for the first time since March 15. That is the line that started after the February 24 market bottom. The correction sequence is quite similar in price action with the January 15 - 22 fractal . That formation...
COINBASE:ETHUSD The NewsCrypto token ( NWCUSDT ) has completed a strong correction since the April 02 High, as it hit on Monday the Higher Lows trend-line for the first time since March 15. That is the line that started after the February 24 market bottom. The correction sequence is quite similar in price action with the January 15 - 22 fractal . That formation...