Wonder what the catalyst is here, perhaps renewed interest in liquid staking and restaking protocols (Eigenlayer)? Mid and long term charts are aligned here, showing clear bullishness, so if you enter long positions this week, you may benefit from rather immediate upside, which will make price get further away from the danger zone where the trade would be...
Strong trend signal here indicating continuation, 1 day before a potential ETF approval announcement by the SEC... Low risk entry if you're not in, provided the ETF is approved, that's the risk. You could trade this in many ways, keep in mind minimum risk is 2.75% down from here if you use daily chart data. Option premium might be elevated, so you could perhaps...
Long term #BTC chart variables evolving, we now need to figure out whether the quarterly trend continues from here, or if it requires longer time sideways at this price, to then trend strongly again during Q2 or Q3... The current trend has an 8 quarter mode where #BTC was accumulated and changed hands from weak to strong buyers. The action we had in Q4 2023...
Bitcoin futures chart looks TREMENDOUSLY bullish... I was looking at protective puts in case of a negative SEC decision causing a black swan decline but this chart makes me think it's not necessary to buy insurance here. (although payoff was like 22 to 1 for OTM puts expiring by Jan 12th) If this signal here works, the 'Explosion Pattern' in the latest...
Hope everyone has a happy new year's eve today! All the best for the year to come, it's gonna be a good one, I'm sure of that. Massive opportunities are setting up in most markets, you just have to pay attention and be on top of low risk setups. I know I will do my best to do this, join me if you wish to tag along. Best of luck. Cheers! Ivan Labrie.
This signal is very interesting here, there's a huge lag in the Canadian Dollar vs Crude Oil chart since 2018, favors long CAD exposure to play catch up to oil, you could delta hedge it with Crude Oil shorts (I'd try to fit the volatility in each leg, rather than use 1:1 matching Dollar weight). This likely has been the result of Canada's policy regarding...
After a bearish trend since June, #RPL is now accumulated and ready to rally from here... Best of luck! Cheers, Ivan Labrie.
It caught my eye that now both the BINANCE:SOLBTC ratio and the BINANCE:SOLUSDT chart are flashing huge trend reversal signals in long term charts this month. Downside risk is roughly 25% down from here, to invalidate the trend. Upside potential depends on how long the trend lasts, but for the time being we're looking at something between $65 and $217 by June...
Seems like a low risk entry to go long Crude Oil here, and also a good hedge for equities, and the inflation under control thesis under pinning bullishness in stocks. Best of luck! Cheers, Ivan Labrie.
Cryptocurrencies have undergone a long term bear market and sentiment reset across the board -very much like traditional stock markets-, between the broad market top in December 2021 and the bottom in December 2022. We now have fertile ground for trends, as markets endure a ‘wall of worry, which keeps the vast majority of market participants from deploying capital...
Interesting spot in the Hang Seng index here... Upside targets seem reasonable for a mean reversion move, but there is a lower probability chance for a long term bottom as well. Let's see if it gets follow through, risk is low enough to try buying a small position. Best of luck! Cheers, Ivan Labrie.
Uniswap offers a nice trend signal forming here, if it closes strongly up today, it has a good chance to rally as per the chart pattern I labeled here. The trade is invalid if it moves below the level where it was accumulated at, the Mode in Time@Mode terminology. Best of luck! Cheers, Ivan Labrie.
Interesting juncture here: all timeframes show a bullish trend in the German index... I would assume there is some correlation to the trend in the Euro improving, together with the generally bullish long term trend that we observe in equities across the board since this quarter. But, nevertheless interesting to point out this pattern. Germans who might invest in...
I think this is a low risk juncture to long Ethereum if you're not in it already... BINANCE:ETHBTC has a buy signal from yearly scale support area... Let's see if it gets follow through within 5 days, it should march steadily higher in that time, the hold up and base for longer, then breakout again, rinse repeat (if trending). If it's not a reversal it might...
As per my initial bullish assumptions in early 2023, we now have further confirmation that the bear market since late 2021 is over...Monthly charts can flash a bullish signal soon here, let's stay tuned. Best of luck! Cheers, Ivan Labrie.
You heard it here first, Intel has finally bottomed long term and it's about to rip from here...A beneficiary of the recent trend of deglobalization/reshoring, and the inflation reduction act, $INTC had been battered and bruised for ages since it peaked back in early 2020, underperforming basically everything since then. Valuation has reached extremely low levels...
I think Cosmos is about to make a really sharp move here, all timeframes now align showing a bullish trend is active, from daily to quarterly scale...Low risk juncture to add or go long if you're not in this trade yet. Best of luck! Cheers, Ivan Labrie.
I had commented on X about the massively negative sentiment among crypto contrarian guys I track (and general populace who trades shitcoins and was holding ERC20 tokens and ETH instead of SOL lately)... Long term chart had a quarterly signal, indicating the bull cycle in Ethereum begun this quarter (see my pinned post at X). Now we have a daily trend signal as ...