


Trump’s failed assassination attempt triggered a Bitcoin breakout, seemingly solidifying his chances of winning the election. Trump has strongly supported the crypto industry during his current campaign. Bitcoin has also held its price channel well while absorbing Germany’s dumping of 50,000 BTC, which is now completed. The Bitcoin bull run seems primed to resume.
The lagging Dow Jones Index is looking to breakout and play catchup to the S&P and Nasdaq
The bottom for altcoins seems to be in. We're likely in for a bullish altcoin summer.
Last chance to buy Ethereum before the spot ETF launch expected next week.
Putting the Wyckoff Distribution pattern in the context of live charts with Fibonacci levels. Figured I'll publish this to use as a guide for trading entries if price continues to track it.
Update on previous cheat sheet after the recent massive short squeeze on Bitcoin. Trendlines and support/resistance levels mostly unchanged. We had a protracted Phase C second test followed by a move into Phase D which was confirmed after we broke out of the trendline at 33k. Sign of strength came from a massive short squeeze as we broke through 35-36k. This...
Update on the previous cheat sheet with new trendlines and support/resistance levels. Have also included the cumulative volume of each swing high and low since the Spring/Shakeout, to better show accumulation with lower volume on each pullback compared to up swings. (Note that volume is only based on BINANCE:BTCUSDT ) It appears we have just formed the second...
BINANCE:BTCUSDT Putting the Wyckoff Accumulation pattern in the context of live charts with horizontal support/resistance and cloned trendlines . Price has been tracking nicely since the Spring Shakeout on Jun 22 2021. Figured I'll publish this to use as a guide for trading entries if price continues to track it. Source: @bbrijesh
HKEX:1585 Trade Indicators 55 & 233 Daily SMA Cross: +1 Using 55 and 233 as Fibonacci versions of 50 and 200 day moving averages Currently in golden cross. 55 & 233 Daily SMA as Support & Resistance: 0 Currently not in play. Relative Strength Index: -0.5 Earlier trend line break on May 20 was accompanied by RSI at 58. This shows strength above 55, but...