A very short idea. Make sure you got the scale right, one decimal away and you are ded. PS. The title is a reference to GTA:SA Tread lightly, for this is hallowed ground. -Father Grigori
IMO steps for #bitcoin over next few weeks $BTC likely rally more, looks like breakaway gap Break downtrend Hit 24k, pink line, maybe even trade bit above Pullback, maybe even fill gap @ 20k *HERE'S IMPORTANT PART if Bottom* #Bitcoin VOLUME from here on in, heavier or light? US Dollar may have a lot to do with this
US #Dollar broke uptrend daily 2nd time in a year testing this area Weekly $DXY forming Doji, cross, - the battle we just spoke about between bull & bear Should resolve soon #GOLD #SILVER #Bitcoin $BTC #BTC $GLD $SLV #Currency
Copy paste, pls see profile 1 Okay, few hours ago noticed $BTC pattern Don't want to mess with the #futures #BTC chart so will use the #Bitcoin #Index Weekly, it's a bit tough to see Keep in mind that this can take few months to resolve See it? Hint: BOTTOM forming pattern #crypto - 2/2 VERY EARLY, #BTC forming Inverse Head & Shoulder Some Sells came in...
Copy paste, please see profile 1/2 IMPORTANT $DXY As this affects: #stocks #gold #silver #btc #ETH #crypto Been meaning to post on US #Dollar, haven't had chance 4 of last 5 days have been battle, cross formation Makes sense since @ SUPPORT, blue line Positive Divergence on RSI $GLD $SLV $BTC $ETH - 2/2 HISTORICALLY, weekly basis: US #Dollar has HARD time...
Potential XAU short here as DXY likely to change trend, XAU risks being dragged back down too.
Let’s begin with a recap. In 2022, precious metals were down 4.4% when the S&P500 Index was down 19.4%. That is an outperformance of 13.8% for precious metals against equities. Still, many firm believers of gold were, at times, questioned why gold was not scaling new highs in a year when inflation was doing exactly that. As Nitesh Shah outlines in his model,...
In order to confirm the decline, we must go to 17930 and correct it. Thus, we will make sure to drop
The history of the new world, reduced to its fundamentals. A simple channel and a few important events, define a Wyckoff Distribution. This chart is the DNA of the new world. The end of phase four would be the much-advertised-great-reset. The end of the past 120 years, and a beginning of a new era, if it is for the best or for the worst. I am not very hopeful...
is this back test done now? you decide. $gsr #gold #silver
It may not be that simple... Now that inflation is in the headlines, I decided to "follow the herd" and post an idea regarding it. To compare the current financial market with the market 100 years ago, one may analyze the pairs DJI/CURRCIR, or DJI/ GOLD . From the chart is trivial to realize that DJI/ GOLD historically moves inside the blue channel. Historically...
$DXY US #Dollar was sleep walking!🤣 Saw the move coming, didn't trade it, but didn't expect it to fall so fast! Looks like it'll reach level we expected, PURPLE LINE #Gold still going bit higher Silver having hard time breaking resistance area $BTC keeps slowly chugging along #currency #currencies
My research suggests Gold may continue to rally above $2079 in early July 2023. I believe the current US/Global market crisis event is very unique - something many people fail to understand. Many professional analysts have gotten married to the 2008 market collapse scenario. I'm watching dozens of posts on social media and other sites where everyone is uber...
I think a major down turn for GOLD is coming in the next couple of months. This will be the final wave down before the next BIG wave up towards $3,000 imo.
🥇XAUXAG🥈 heading to strong resistance level. It's confluence of trendlines and 50% fib retracement of the initial impulse breaking the major uptrendline. I expect backtest of it and possible reversal which would be bullish for both metals. Check my other stuff in related ideas. Please like👍, comment🗣️, follow me✒️, enjoy📺! ⚠️Disclaimer: I'm not financial...
Found a classic Wallstreet Pump & Dump Cheat Sheet on HYMCs Inverted chart.... Bears in trouble... and complacent....
US/Global markets are actively seeking a bottom at this point. We've witnessed the largest unwinding of global excesses since the DOT COM bubble and, before that, the 1929 market peak. Use this symbol to experiment with market trends/setups: (TSLA + ARKK + ARKW + ARKQ + GME ) / 5 In my opinion, the deep selling is nearly over. This chart shows the custom symbol...
This chart represents the idea of BTC to Gold ratio on quarterly candlestick chart. Clearly depicting that BTC will underperform Gold on the long term end.