Sentiment regarding TVC:DXY seems extreme (13 year old asking Warren Buffett how he prepares for end of USD reserve currency status, newspapers printing quite some headlines about gold). I looked at the CoT in FX:EURUSD - Futures ($6E): Historically (last 10y), commercial hedgers seem to nail it, regarding tops and bottoms in the market. When Open Interest...
Supply from monthly mode 2 years ago. Range expansion down today. Rest is just a guess...
AAPL has a daily RE down from recent Key Earnings Level. While still in a weekly downtrend till end of year. Huge R/R here...
This black barchart is the M2 of the largest central banks of the world (USA, China, Europe, Japan.), converted into USD (in Trillions), which is the world reserve currency. So this is a rough expression for global liquidity, which can go and buy assets like stocks or bonds. Any strong decrease in this Liquidity should sooner or later lead to a run for US Dollars...
I think BTC can correct further to the 50% Fib Level - then it will be back in the trend channel which it was in for weeks... Recent days look like a downward triangle. What does it mean in a general upward trend? (need to do some research about it...)
Just playing detective work on the signals in the bitcoin-chart.
Im new to this and learning about Elliot Waves and Fibonaccis. To me it looks, like the Correction in the bigger upwards trend of ETHUSD will last some more time... Felt very inspired by the idea of DLavrov (see link) to analyze a bit further on my own chart.
I'm quite new to technical analysis, so please consider this more a try than some sign to invest big money. But I want to start a discussion: There are quite some people starting to treat ETH bearish now, but to me there are quite some indicators that it could turn again in the fibonacci 50-61.8% area, where there are also the trend line (as well as the old trend...