As there appears to be much discourse around the status of the dollar as "the world reserve currency", it seems interesting to me that the standard measure of the dollar's strength is not weighted in this way. Here I am attempting to reconcile the standard dollar index (DXY), which measures the strength of the USD against a basket of other currencies (see below),...
Beyond the successful breakout of the stochastic AND the crossover of the MACD, MindMed had a positive earnings report that beat expectations. All of the pieces are in play for this pattern to play out against expectations - and the break to the upside seems imminent. You don't have to (and legally shouldn't) listen to me, but I'm sitting happily on my...
...but also major stoch break on the 6h time frame
Never discount the power of memes (and weekly stochastic trends) Continued daily closures above the price trend line certainly won't hurt either
Buying power is already showing signs of exhaustion
I do NOT trust this breakout play further than I could throw it MAYBE it will break the trend and quickly turn around when the stochs hit 50% retracement I'm really just posting this so I can come back later and see what happened
With the selling pressure dying down, we should expect to see a significant upside move from HBAR in the coming weeks That said, I will be placing buy orders around $0.17, as I think it is very likely that we test the prior bottom side before truly breaking upwards and outwards from our stochastic trend
This stochastic pattern has been forming since November I'm looking for a big burst up no later than the ides of March
I might not understand "traditional markets" or "sound advice" but I do understand numbers. And I'm sorry to say, you could have used $DOGE of all things to hedge against trad market instability Kibble for thought