Alt season is (probably?) here, ADA clearly braking the trend , long position
Cup and handle, RSI is also A CONTINUATION indicator NOT a reversal, so long from here with a stop loss at about 10.000
We are still in the bear market it seems and this was merely a Tether pump that slowly starts to blow off. Having said that we have a very significant bull gap on the 44 chart. Scalpers can go for a quick long however we would start building up our shorts from the 10600 range
Bonds could stay overbought for a while due to flight to quality and low rates around the world and reach even 1% in the event of an escalation of the trade war between the USA and China. Nevertheless risk reward in holding US Treasuries is poor,
This market is extremely hard to predict at this point, having said that, we have harmonic patterns and a bear trend on the weekly so since we are not able to touch the 200 MA short would be our preferred position telegram channel : @tradeoracle telegram : @mithridates1821
cointelegraph.com Vitalik openly said they cant scale , not any time in the future. Normally ETH is BTC on steroids in regards to its price correlation, but after that tweet there is no other option than to short it to the ground Join our telegram channel : t.me
Although we do expect a new bottom around 8-9k either as a wick or as a short term flag, this currently remains a move within the channel and a long position within the level of 9200-9500 would be a good step for further development Telegram channel : t.me User name : @mithridates1821 Feel free to join our channel
SO it seems S&P 500 met the new high of 3000 , Channel is clearly followed almost to exact precision so this is by no mean a position to short, once we have a confirmation that channel broke we can enter in a short position. VPVR at 2928 is currently acting as support , which is a significant level to break and convert into resistance No confirmation - no short
Following our previous call, it seems BTC is approaching its previous levels with strong resistance at 13k level Short with tight stop loss, in case it breaks its previous highs from 13.200 levels would be our position
Never has bitcoin during the period of progression up, been overbought on the weekly RSI without resetting before the next move up
On this one, we only judge by the fact that another 100 mil of tether got minted. Knowing how the market reacts so far, this would probably be a long on a clearly speculative basis and judging by what we have seen so far. VPVR level of 10800 would be the ideal for such a long according to me
Silver has confirmed it has found its bottom and market reversed, this is a unique opportunity to go long on an asset that , as gold, has a very limited supply and is used as a store of value second only to gold
The breakout from the channel in combination with the support at the 10900 levels of VPVR would possibly indicate a clean long basis the current price action
Fibonacci retracement levels and the VPVR still show us that sellers are exhausted and we 62 should be our buy zone We remain bullish, do you agree ?
Weekly chart showing the volume of USD vs the volume in USDT (tether) As per our previous successful call, perhaps also in combination with binance opening its futures platform, we do see further bearish movements towards 8k range
Following our previous successful call we are looking again today at BTC trading below what the VPVR is showing as significant level Those who have entered in a short from 12600 levels have successfully landed profits, at this point entry is rather risky and the Risk/reward returns might not be worth it as we might always expect a sudden move against us Having...