Nothing is certain, except: The FED will not stop to pump collateral ( source ) into the S&P 500 et al. to support nominal prices. Let's face it: The FED is completely clueless what to do. Also, we do have no clue when looking at the chart, what the real value of anything is, as the FED distorts it all, but read along.. But for what price? The real price. As...
Looks like IOTA is gaining strength again as it clearly broke the descending channel to the upside on BITFINEX:IOTBTC . No wonder, if you take into account, that IOTA had several positive news in the last few weeks, and traded since some months at very low level, depsite being a very interesting project. Overview over the past few weeks: - IOTA introduced the...
Technical (TD Sequential): 2M Last candle close formed a Red 9 and has been confirmed by a +75% pump, long term bullish 2W Currently forming a green 9 EMA/SMMA cross up, bullish, but will probably pull back first 3D Last candle close formed a green 9 Holding so far in the channels equilibrium Seems strong but stalling short term, pump...
That's it, that's the whole analysis, also we're actually at 55'548.- currently. Bye.
Hint: To see a chart maximized, click on the button on the bottom of the chart which appears when you hover over it. (Or you can click on the chart and press Alt + Enter) Market starts to react on Corona Virus. IMO it is just the trigger, not the cause though. The Economy has been kept alive for way too long by FED, ECB etc. with measures like "Not QE", balance...
Just Wanted to share my observations. SMMA/EMA: SMMA cross down (orange): "bottom reached" SMMA cross up (green): "bull market incoming" RSI leaving overbought zone and MACD signal cross downalso signal corrections / bear markets. Although the market reached resistance, the Swiss economy is still pretty solid, so it may just stay at around this level for some...
Bullish Signs on Weekly - General upward movement - SRAIL is making higher lows while repeatedly attacking the price range of 49.00 - 50.00 CHF - Green TI countdown - EMA30 acts as support (Nisons PB&Strategy) Bullish Signs on 4H / Daily: - Ascending triangle (green) - Bearish momentum stalling Bearish Signs on Weekly: - MACD loses momentum - Some resistance at...
Can it break the big downward channel it follows since the bull run in June 2019? Technical (bullish) signs: -> Price is about tries to break through the since June 2019 respected resistance of the channel -> Bearishness of MACD is stalling (on 3D even gets bullish slowly) -> Fib 0.236 holds support since November -> The TI Indicator (Tone Vays Version of TD...
Since BTC dropped the last hours, but Alts are tending to stay stable / even rise a bit, I took a look at the Altcoin Dominance. We *may*bottomed out here, as we touched the weekly MA200 and we have a falling wedge which starts squeezing the Alt dominance pretty narrow. Additionally we have a candlestick pattern which pierced the aforementioned weekly MA200 and...
For reference, check out my linked post. It looks like support stepped in on Bitstamp at exactly 9700 USD which is also the point, the support line crossed this price at that time.
As Bitcoin got another punch yesterday, Alts started to rally against Bitcoin. In detail this is what I see on 4H: - The market got caught in a descending triangle in July which eventually led the price to follow a descending channel. - At this time we also got a MA50/MA100 cross down shortly after. Notable is also that we got a MA50/MA100 and a MA100/MA200...
- BTC is forming a bullish pennant - Although BTC has resistance since days from the big descending channel
Like the big US Indices DJ:DJI and SP:SPX we got a MASSIVE bearish divergence and a an ascending wedge on the 2 Months chart. The German Economy really does not exude confidence since the creation of the Euro. As we know the EZB is already on an interest rate of 0% and there is no mild exit anymore from this state of economy in the Eurozone. Soon we will see...
Not sure how to trade this, as I H&S patterns normally appear to reverse a downtrend, not vice versa.
Huge bearish divergence on DJ:DJI , you probably don't want to long this.. Another perspective on the 2 Months chart, bearish divergence probably gets confirmed further: .
Meyer Burger Technology ( SIX:MBTN ) is a Swiss solar supplier mid-cap in the semiconductor sector. Despite having a bad performance the last months, I got a tip to look at this stock more in detail. Of course, this is a speculative investment! As I do not (yet?) have a profound understanding of fundamental analysis to analyse the key figures of Meyer Burger,...