Good Morning Update The US #Dollar is holding the recent area it broke above. It looks like it wants to push higher. How high can it go? We will see but it should face a pause where the at arrow is at. This area has been an issue before, short term at least. TVC:DXY Have to say that the weekly on CRYPTOCAP:BTC is UGLY. #Gold not as bad but looks a little...
Good Morning Update Unless this reverses it looks like it is getting stronger. Thought #interestrates were supposedly going down? 10Yr #yield looks very good & the 30 Yr has been pumping for a bit. 2Yr stopped falling, is it bottoming here? US #Dollar pumping as well - TVC:DXY We've been warning.......
One of our #ETH TARGETS has been hit. The Gap is FILLED! CRYPTOCAP:ETH doesn't look as bad as CRYPTOCAP:BTC but it is weakening. Keep an eye on #Ethereum volume. Very important short term. As we've been saying for some time now, #ETF , or institutions, are NOT what #crypto is about & makes it easier to manipulate #crypto. It is what it is now. On ETF...
We are not trying to toot our own horn with this post. There have been a few accounts that were warning about a CRYPTOCAP:BTC top. HOWEVER, they've been saying it for some time. Broken clock is also right daily. We began to warn few days BEFORE the #BTC melt down. 48k target, like we stated, was likely a short term top. We rang alarm bells on the 9th & WARNED...
#CPI data is out and it came out a lil higher than expected TVC:DJI broke out of the small downtrend officially yesterday However, volume was weak, likely because of CPI data today Keep an eye on RSI & $ Flow for guidance in direction. Want to see break above for RSI. Holding 36kish is a good sign for AMEX:DIA --------------------------------- Not much on...
CRYPTOCAP:ETH has been hovering around Major Resistance for some time and it has certainly held well. There's a tiny downtrend but this can easily be broken today & on HEAVY VOLUME. #ETH RSI & $ Flow are looking petty good, not bad at all. 1st target called long ago was 2300. Next target is the Gap fill and that sits around 25-2600. Then the final target...
CRYPTOCAP:BTC has hit the 1st 24 target. Volume has been a little mixed lately. Was more buying leading up to the last few days. #BTC RSI & $ Flow indicators are diverging. RSI holding 50 but going lower (middle). $ Flow above 0 going higher (middle). Weekly #Bitcoin trend has been strong. It has been overbought since October. Monthly Not overbought, that's...
We've called oil pretty decently before but a lil tough at the moment Daily #OIL has been in a bad downtrend. Currently it is forming a symmetrical triangle. Weekly Oil is trading below its moving avgs. Volume is lessening. This is a hard commodity to call at times. Anything can happen, war, cuts, etc...
Good morning update. The TVC:DJI is still within the range. Logical as investors are awaiting CPI on Thursday. This will guide on cuts to #InterestRates. The SP:SPX showing some strength & currently in small trend higher. But the CLOSING is VERY IMPORTANT. Day range is nice but always respect the closing. TVC:VIX is weakening again. TVC:RUT is still...
GOOD MORNING Don't see an increase in CRYPTOCAP:BTC shorts. With #ETF news perhaps traders do not want to be short. Don't see a #BTC a breakdown, JUST weakening of the RSI during this current move. BUT #Bitcoin keeps bouncing off the trendline, yellow arrow. We also see bouncing off the 20 Exponential Moving Avg, cyan, & the red = TREND strength. As posted...
Battle happening with CRYPTOCAP:ETH at the moment. #ETH pumps but it cannot hold them. CRYPTOCAP:ETH is really struggling @ major resistance. Recently it did break the uptrend and bounced back above. As of now it's under it again and in the middle of an intraday downtrend. #ETH RSI & $ FLOW peaked in mid November & have formed negative divergence since then...
Looks like the TVC:DJI is in a short term downtrend. NASDAQ:NDX SP:SPX & TVC:RUT all are in short term down trends which begin couple days or so ago. TVC:VIX is at higher end of the recent pattern and it keeps poking it. *(TOOK THIS FROM ANOTHER POST Remember, the more something is poked the weaker it becomes Picture paper holding a marble Poke with a...
Good Morning!!!!!!! In reference to the rout #crypto is taking, everyone's playing Monday morning quarterback. The post quoted, pls see more info on our profile page, wasn't the 1st post with warning!!! We had mentioned the breakout had a lot of selling with little buying to support holding the move. CRYPTOCAP:BTC gave up a large chunk of the gains. We also...
The following is not the type of investment that we incorporate into ROW PARTNERS. However, I like #cryptocurrencies & seek smaller coins outside of the top 10. Why? they tend to deliver the biggest returns in bull markets. These can easily show 10 - 30x returns with some doing more than that. If you'd like to see these kind of posts please visit our profile...
Since the "outside" day. The DJ:DJI index has flip flopped above and below the top part of the outside day line. It wants to push higher but when NASDAQ:NDX craters, like it's doing today, it's a lil tough. Since we're doing intraday charts, let's do DJ:DJI as well. What's the biggest thing that sticks out to you on the last chart? Hint: Look at the...
Good Evening/Morning! The call for CRYPTOCAP:BTC topping around the 44k range for 2023 was GOOD! 1st trading day and #bitcoin rips higher! How's that for coincidence, huh? The call for #BTC being in a temp pause & in a CONTINUATION pattern was GOOD! IMO, the next level that #Bitcoin is most likely to test is the 48k with a good possibility of hitting low 50k...
HAPPY NEW YEAR! 🎉 US Treasury markets are more than the combined bond markets of Germany, Japan, China, UK, France, and Italy = HUGE. This is why US #Bond market is important to keep track of. Short term #interestrates has been the weakest in a LONG TIME 1Yr & 2Yr charts look similar. US Debt 2ys & less have been weakening & look like they still want to...
The 10 year & 30 Yr #yield are at support levels. Looking at Daily charts: The longer term, 30Yr, looks better than TVC:TNX (10Yr) Looking at Weekly charts: The 10Yr support level looks strongest @ 3.3%. All sorts of support levels and trendlines were broken recently. The 30 Yr trendline is certainly broken & Strong Support is found here.