I know a lot of investors are worrying about the political risk among US and China. But if you look at the chart, you will find a weekly MACD divergence which also happened 3 years ago. At that time, it was a historical entry point. How about this time?
After a long period of consolidation, btc will start to rally and test 51k. We will see this big bounce in a bear trend soon.
Such a profitable company getting cut almost in half. A good buy opportunity for the long time when hitting this support line.
ETH falls below its support line. We will see a large and quick correction in the coming days.
Watch the price on 53000. Once BTC falls below 53000, a huge correction will follow in the coming days.
58000 is a key place for BTC whether it will continue its bull or turn into a bear. If it fails to stand firmly on 58000 we will see a huge correction. But if it can hold 58000, let's continue this party.
I know a lot of people are bullish on BTC but I want to warn you the risk of this rapid rise. Even it could hit a new high but this is more like a short squeeze and probably will lead to a double top M pattern and a crash of its price.
Today's rally seems to have reversed the bearish trend in recent weeks. if Nasdaq can hold 13000 for 3 days I will start buying techs otherwise I will still stay away from techs.
I believe btc has end its bull trend. But based on the last 4 bars, it shows a strong support at this level. We probably will see a relative high soon.
I like its volume and position. We will see a long term rise on Uranium price.
A good chance to buy when Gold hits its support line.
A head and shoulder pattern is formed and our first target is 12000.
DXY gains a support at current level and may form a double bottom if it rises above 91.6. Watch out for it especially when FED is still in extreme monetary policy.
QQQ is still in a downtrend. Monday's rally doesn't change its direction. Don't buy techs until QQQ rises above 325.
BTC is currently in a downtrend and may test 41000 in the next coming days.
If DOGE breaks above 0.06 we will see ATH soon but if drops below 0.048, run....
Spy drops below a short-term support which may lead to a larger correction. Let's see if we can find a support at 377.
We may see ATH for ETH soon as the crazy crypto market switches to alt season.