Can't say I know the absolute direction here, but noticing some patterns including fundamental developments, here's some observations: Technical: -Doji's on the monthly in the has shown positive following candle -Psychological 100k resistance is expected, potential breather to tap previous supports -Volume has been decreasing as the rally has manifested as major...
Here's a list from my screener on some top to keep an eye out coins that are highly active, crossing important moving averages, and are above 0.01 as to clean up the noise on the crypto market and focus on more accessible by most exchanges cryptos :) Enjoy! Get that hot coacoa out and Merry Christmas Yall! ☕
I am an equity trader, i love crypto for its power to the people but until recently crypto has been dependent on peoples psychological sentiment to make moves, but don't be fooled by those claiming crypto is detached from reality. Here we take a few examples of increasing fundamental connection to XRP in the main economy, crypto will become more detached from...
Strong wicks show demand on the downside countering drops from 100K with a solid demand floor at 90K. Log() Rainbow shows considerable location of BTC in overall mapout with repeating accumulation zone, works great at the 100K value we currently sit in. While rotation into Alternative Coins will continue, consolidation in BTC will also continue until...
As we know a base of economics in money related to supply and demand is scarcity creates value, however in cases of money supply increase (money printer doing its thing) Inflation ensues due to the fact that the more of something there is, the less valuable the individual pieces are... Well it's time to track Money Supply USM2 to notice a new parabolic-like burst...
While Bitcoin and crypto are new to the game as opposed to classic assets like bonds, we can see in 2020 there was a specific and rather chilling hedge against the market. We know if the inversion of the short and long tail yields invert from short > long rates back to short < long, a timer is activated in the shifting of treasuries from short to long in a...
Entering this news we have to consider a priced in aspect to it, however with fibs or with some pattern finding we can identify the next possible ceiling at 166. From previous entry into bullish pendant to the proportional move up including the current acceptance of support at 131 we can see another pop up before re-evaluating its relationship to SMCI and their...
Notice the multiple attempted breakouts of the bigger bullish channel, as it exist into the smaller bearish channel it gets blocked once more by the green ceiling with a negative slope, the liquidity leaving overall in ethereum
As AAPL gets sold by Buffet we can consider the next potential paths as we know trimming to balance a portfolio, one should trim the highest possibility of reversals and keep those with more growth potential. HP as a higher probability space, considers that we will sideways chop for a while as price discovery recovers from this selloff. LP as a lower probability...
As per current cup handle enthusiasm we have to be aware of the 2019 cup and handle that ended up not fulfilling the expected trend. History doesn't repeat but it does rhyme, and with more participants, more volatility, bigger cup, bigger handle.
As all waveforms and resistance to support conversion, some locations have yet to be tested, this charting is my opinion on where we need some support taps in order to never see those price values every again, we can only go up for so long until exhaustion. Always.
Self- explanatory, the most basic type of trend hunting is the channel movements and their natural exits.
Mainstream media states huge stimulus was initiated by China recently, making it seem that their limits were hit, yet in comparison of data China has been conservative in past stimuli, leaving China with room for more if necessary.
Just an interesting comparison, these trends might intuitively show the possibility of slow liquidity exit.
Here's a allocated set of decimals based on 20,000 prandom portfolio constructs based on 14 years of data (since recovery after 2008-09 GFC) This timeline gives us less noise and focuses on the momentum of the current trend. The final ticker decimals represent % allocation based on optimal reward with minimal risk.
General historic trends show printer money injection as a stimulant of equity valuations, with historic possibilities of repeating as well as a none money injection paths shown below. Whilst i enjoy a bullish market over many chart observations we have to conclude a retest of lower support before we plan to go higher. If market is left to its own devices it will...
Naturally during recessions we experience huge unemployment numbers, but interestingly enough on the reversal of the highest employment locally on each hill, that reversal can signify the top of the recession, aka the bottom of the market. Labeled are examples from recent financial crisis.