interest hiking rally seems not going to stop any soon. inflation rate will be opened this week and there would be nothing changed. FED has to hike more rates sooner or later. all economical data indicates that black swan will coming soon. CPI is also in danger. FED possibly raise 1% up of interest rate plus in September soon. This will overlay to the...
I was hoping that double bottom pattern forms, but BTC wants to go more down from now on. last night BTC showed some bullish pattern but it failed immediately this morning. This means fake bullish pattern is on going process and it will make another bear market again.
There are many news about monkeypox's outbreak all over the world. We have to be careful from now on. This outbreak will make ceasefire in Ukraine. If war stops, Biden's reserved oil policy will work and lowing the price of WTI MACD is also losing it's power again.
Finland and Sweden are considering to join NATO sooner or later. This will create much more tension in europe. Also the tention will lead the downside for the NY market. We need to watch carefully for the perfect storm. Giant Rhino is coming. MACD is about to make perfect wave to create big bearish term also. EU is about to settle the deal with banning...
last time I predicted long and it went up thesedays. However bitcoing lost its volume and came back to where I started. there is theory that bitcoin follows nasdaq also. I think Nasdaq is about to move to the upside sooner or later. RSi is showing that btc is in overselling term also.
BTC is on the edge of overselling term now. It's now the time for buying a dip season. Take a profit to 27000-25000 around. Control your greed. BTC can fail very hard after the dead cat bounce. Check out my previous analysis also :)
BTC showed the faking pattern thesedays to fool all of you. The major could make this wave more and more but the final goal is down to 20,000. Even few famous traders have been punished with this foolish bull pattern. Let's keep waiting.
crude oil was in very much danger this week from the beginning. However it reached to the safe zone. Which means next week will be very bullish to crude oil. EU couldn't make deal to ban russian oil. But eventually they will succeed to ban russian oil by negotiate with Hungary.
There is no chance for BTC to grow power back. This is serious momentum that traders won't have hope for cryptocurrency anymore. 20000 dollar is my target. Good luck traders. I will update more when it reaches to my target
EU failed to do sanction on russian oil. FED's raising interest rate would push the commodity price to go down further more. MACD already lost it's power. WTI would need more time to grow back again. 85-87 is my tareget from now on. I will update more when it reaches to my target once again.
BTC used a lot of energy to go upside this time. Exhaustion of force will make to short BTC. This time the downside trend will be very hardcore. I will be fearful and stronger . 45000 will be the strongest resistance point.
WTI is considering to be bearish in short term. I don't mean this momentum will create bearish cycle to crude oil. EU is dealing with Hungarian government to do sanction for russian oil. Only matter of time to close the deal. But it will go down until it makes perfect negotiation. MACD is also decreasing. Target to 97-98 around. I will analyze again as...
War is about to face agressive momentum soon. This momentum would disturb the entire market shaky. Target price has extended from now on. More down forecasting. Bollingerband switched to the falling trends already.
There's rumor that EU is planning to ban russian oil until year 2027 gradually to zero. MACD is forming to a right line. As soon as 5 days MACD goes to the top level again. it's time to see another rally of WTI US oil. Price will continue to grow and it could create oil crisis sooner or later. Shanghai and Beijing is trouble with lockdown also, Chinese...
34000 is my target. This is very difficult market. MACD is keep changing and FED is talking about crypto currency a lot. This would make a lot of noise for the BTC. I would not recommend you to trade at this point.
Banning russian oil will create powerful price momentum for the WTI. This banning is very dangerous to our economy but president Macron has the key. I think Macron is going to be a next president of France again.
I made a bearish analysis last time. I am still bearish in general but Chinese bank's RRR decreasing would create bullish move. MACD and stochastic energy is creating some force also. 50,000 is my short term target
I predicted upside and I was right for now. But I see some major correction coming from now on. The reason is ECB's move and asain markets are hawkish with interest rate. This will press the oil price shortly. But it will go back to upside again.