Bitcoin has already reached 10,000, on a monthly basis bitcoin is very bullish, as seen in the bullish guideline, on a weekly basis we come from breaking a downtrend line and now we have entered a rather strong upward trend, in Every day we see how the price makes increasing highs and lows, with the price above the average of 200 daily sessions that has taken...
The adaptive moving average of 200 sessions and trend line have acted perfectly as a powerful resistance, the macd is crossed down and the rsi fell below 50 and this is a clear signal of bearish momentum, so now the price is going to Go to support at 1.07.
I was expecting a major pullback by the halving, but it seems that the price has decided to gain bullish momentum, the break has been confirmed daily, then a move back in and again break up in a clear bearish starter module, most likely is that now the price seeks at least 10,000, the outlook is frankly good for bitcoin at the moment.
I have decided to change exponential moving averages, for adaptive moving averages, which facilitates much more the price analysis, for the moment we can rule out an upward momentum since the initial upward trend line has been perforated, now I contemplate two scenarios a dilation of the price or a new bearish starting structure in a new bearish momentum that can...
The bullish scenario that was driving with the perforation of the short-term uptrend line has been invalidated, now the price has only pierced it and it is not yet time to take part, now we must wait if the price returns above the line of upward trend becoming a dilation of the price or if instead bounces off the line of uptrend, and starts a new bearish stretch,...
I have found in the Spanish BME index an action that is in an incipient bullish phase after a long-term bearish trend line breaks on a weekly chart, making a small daily setback in the direction of this previous trend, the rsi in daily breaks with force above 50, the macd crossed to the upside and the murrey in bullish phase, all this produces a module of bullish...
In the short term, the pound becomes bullish, bouncing on a weekly chart from the average of 30 sessions, as we see in the daily chart, the weekly bullish guideline is being respected, we see a positive murrey, with a macd crossed upwards, and an rsi breaking above the 50 level, all this adds to a break in a bearish contraceptive line, which I lean for long in the...
It is time to wait for gold to continue consolidating the previous rises in the daily chart, therefore I hope that it will enter a phase of cosolidation, or a small decline at the average of 30 per week, and upward trend line. For from that area to resume a strong bullish momentum.
Shorts in the AUDJPY pair; the price has reached the trend line of long-medium duration in weekly chart, in daily we see how the line against uptrend has been drilled 2 times, the macd crosses us down, with the murrey showing two lower peaks of overextension of the price, which indicates a depletion of the upward movement, the rsi confirms the downward cut by a...
The pair has started an incipient upward trend, the price has made a contradictory bearish short-term movement, when the price breaks this line of contraceptive trend is broken a new impulse to the cyclist will begin, the macd remains above 0 which is above a bullish signal, the rsi crosses above 50 and this reinforces the macd signal, with murrey mutch in bullish...
The bitcoin trade is very tedious, the short bodies of the candles indicate indecision, for me little can be done at this time nothing but do nothing, observe and wait.
The weekly bearish pin bar that forms bitcoin, gives us an enormous idea that the uptick was not convincing, and we continue with doubts, for the moment I do not opt for either the bearish or the bullish side, it is time to wait for confirmation one scenario or another that we will soon have in the setback that is starting the price.
I find it interesting to invest in lithium or any company related to this mineral, battery base, electronic circuits, due to the incipient demand for electricity worldwide due to climate change.
Despite having broken the medium-long line in the graph, I expect a break to the rupture zone, it is very common for the price to make this type of movement before launching a new trend, it has an explanation because it is always going to look for the Best price available, so the short and long always run waiting for a contra-tenancy movement, to join the trend,...
The price of boing changes from bullish to bearish sentiment, after breaking the bullish directive into a long-term weekly, forming a pullback also broken down with the price already placing below the weekly average of 30 sessions, for the moment boeing with many possibilities to enter a bear market.
The SP500 is out of control, goes up in a parabolic way and the only one responsible for this lack of control is the Fed, it would not be advisable to enter the index for a long time, because it is in a situation of irrational exuberance.
After seeing how the dollar index has been placed below the weekly average of 30 and breaking the long-term uptrend trend line, and making an oversized pullback, the price has changed to a bearish configuration apparently, which coincides with a disproportionate increase of liquidity of the FED and a threat of lowering rates, which causes a devaluation of the...
Despite the breakage of the medium-long bearish guideline in weekly chart, we see a clear indecision at the moment, the price is on the way to form a bearish pin in daily chart, if the price falls below the guideline bearish again, a correction up to 6000 would be plausible, apart from healthy, telling that in May we have a halving.