NASDAQ watching for 15m 5 and 8 ma cross and good looking MACD. After this mornings DUMP it's care to spot a real bounce, if one happens of any note today. You can find that 5 and 8 ma cross indicator someplace under my stuff here on TradingView. The 30 minute would be the real sign of a turn around BUT today that might be to slow to make any gains on a long,...
XRP/USD 4h chart on Coinbase. This is interesting with a channel drawn this way.
We see on daily chart an upwards channel, and are at the bottom. The old faithful MACD indicates downward pressure. Watching for the Tangent of the MACD to turn positive and the channel to be validated with a bounce upward. We shall see. Even though most of my trades for this ticker are very short time frames, like 15 seconds... getting the larger view is...
Return to Upward Channel and previous resistance - become now bottom support. After return to channel we have Summer natural high to support pure lambo mode...
DXY Hits Top of Channel, Gold/Silver Steady, Crude Oil Potty? The big indexes are crappy today to. Oil being down does not make sense. Gold and Silver as for sure a safety net for big money (and small money) as it's holding steady today. Manipulation to the extreme right now. If the DXY bounces down off top of channel easy money on recovery.
Daily Candles Dollar (DXY) makes a Lambo candle/ Cruide Oil holds its own at $86. Bitcion (BTC) keeps up after a morning drop, closing in the green. Gold and Silver take a slight hit. Crude Oil continues upwards off the top of existing channel.
Bitcon hit an "almost recent high" attracting Longs. Bitcon has been ranging since March. Looking for a 4h 200ma (white) for a bounce, if not will head down to the Green Buy Zone.
Based on a Fibonacci starting at the low Monday February 26th and running to the high (wick) Wednesday February 28th and resistance at the 0.5 Fibonacci on the 27th... Thinking 57,600.00 is a possible limit order especially If volume decreases. The directional index and ADX are slowly trending down on the hourly chart. The Squeeze momentum indicator is heavy...
Bitcoin Bounce on 4h 0.5 FIB - 45773.91 The 4h FIB shows a likely bounce at the 0.5 - 45773.91 Would be a good retrace for continuation upwards. Indicators are mixed. Predicting a Bart Pattern to complete - it might be a wick. Have a limit order just about the 0.5 Fib. Let's see how it rolls.
Will Gold and Bitcoin Increase in 2024 following the defeated dollar and impossible US National Debt? If we zoom out - it's clear that Gold value increases following US National Debt. Bitcoin does not have as much history as Gold but we can see a trend. After a very positive 0.786 Fibonacci sequence retrace might Bitcoin be back in the action for a run in 2024...
Not financial advice, but I think BTC is at the bottom of Range whales have been keeping it in. Longs are starting to crank up. Could be 7% to top of range.
DXY got ass-hammered today. S&P all time high. Gold and Silver made good moves up. Bitcoin Rocking. Oil a slight bump. Good times ahead as money pours into market (fed buying debt) until election season is a win or loss for Brandon.
The 45m chart is passing the 200ma. It's working on getting above, if it can find support above this is bullish for immediate price action. The 4h chart has a good squeeze indicator and Directional Index is trending positive. Monero has a good deal of % gain possible before running into previous highs that might be resistance. This is a High Risk Long, but...
ImmutableX - IMX - Making a powerful move off daily bottom ImmutableX has been riding a daily bottom for some time, and recently has burst above the 200 and 314 moving averages. The 4h chart looks strong and has passed above a recent high. Daily charge shows quite the clear move of more than 100% gains before resistance.
SON/USDT has what could be a cup and handle on the daily. Has given a lot back since initial pump on KuCoin. This coin has had some amazing wicks that pumped up to 30% - would be great to catch one of those with a trailing take profit. I break down the chart to 15m candles and maybe see a good trade that could work perfect for a tailing take profit that catches...
STX/USDT is headed to a psychological $1 (I think). Note the Purple Candles by Sam indicator (purple candles). The indicator is here on TradingView. Have a trailing take profit just before $1 - as it might run past that. Squeeze indicator looking strong and DI/ADX is turning up.
BTC/USDT is challenging the 314ma on the daily chart. The SPX already just made it over. They tent to be mirrors of each other. You know, like the couple that finish each other sentences (ain't they annoying?). This really is pump or get rejected time - sort of like a first date. OK, enough - that's my take on it. This is a moment of rejection or perfection....
SHIB/USDT has been losing for quite a while. It is getting perky for sure on the hourly chart, but also checkout the NICE upward channel its got going. NOT far from challenging the 4h 200ma. Might have the energy to get over and go go go. Like many ALT's at the moment, the downtrend (for the moment) is bouncing. A buy above 4h 200ma support, or a trailing take...