Recovery trend on NAT GAS - Coffe time at low 2.40 2.70 recovery trend.
On this 'Market Open' I am going start with in-depth analysis of traditional markets so that we can have a holistic view of the global macro and how could this affect the crypto markets. 1. USD - EM Currencies fell a lot more than I had expected, but also had a much stronger bounce than the rest. The EM currencies I've been bullish are CNH, ZAR & MXN, while I've...
This look familiar, but the worst is yet to come. Donald Trump twits he tested positive covid-19 on 2nd Oct (Friday). Presidential election on 3rd Nov. The gold price is crashing and did not response as hedging assets against stocks at all as what all old man told us. This is weird, actually nothing is weird when gold is actually exist more in ETF or...
Flag Formation in development, waiting for it to decide if is a break up or a break down.
Bearish Flag? Divergence on the daily chart. Doji on 6 hour chart. It's just so darn pretty. I'm short. "What is from the Earth is of the greatest worth" -Bob Marley
Since the breakdown, it looks its again a new high coffee time. Expecting up trend.,
Gold follows a surprisingly similar pattern to Bitcoin in 2016 during the beginning of its run up around $2,900. The dump from $2,900 to $1,800 almost wiped a lot of people out. It did wipe a lot of people out. Mostly, a lot of people got stopped out "managing their risk" at the point where it bounced. Then the market makers laughed and sent Bitcoin sharply...
NAT GAS looks to have a new coffee time at low side. This depending on the last trends/news - Expecting rage. 2.40 2.50 take great coffee time. Follow/like
3 Mid Term Scenarios: Long Above 1900: Dollar Weakens from today till the presidential elections Gold surges as hedge Economic Stimulus Package for the next 2 weeks. Bull Flag until it breaks 1900 Market hold while Economic Stimulus Package Oscillation between 1875 & 1900 Short Bellow 1850 Least Probable Scenario from today till...
Thanks for viewing, I just did a short-term DXY chart (3-6 months out) which was rather long. So please forgive me if I just drop this, instead of discussing all the fundamental and technical reasons - which I have dealt with before. If you have followed politics / financial news in the last year you will know that the USD is being intentionally devalued. I...
Hi friends the daily chart of this market shows that it will experience with a high probability an uptrend in the coming days but also we must be vigilant of the change of direction towards the opposite please subscribe to receive more analysis
Bitcoin picked up a bid while I was finishing the first video. I used the opportunity to discuss a notion that Joe Biden's plan would create 7 million more jobs than Trump, according to one economic forecast. I also look at Bitcoin, Litecoin, Chainlink and Ethereum again to discover that Bitcoin is outperforming the rest as it rose by $150 at the weekly open. I...
Expecting at long term , that this are the best moment to buy silver. the most what warren buffet buy increase. Expecting for silver a great increase time, and the silver are urgent for now and next time. From more sides, we know that warren buffet holding and buying silver. if coming any 2second red market, i believe silver will done it great again. Have...
After a few days of choppy markets, it looks like the DXY has broken a major uptrend, S&P 500 temporarily made all time highs and again broke below, and now DXY looks like it is doing a bearish retest. Although the correlation between DXY with the S&P 500, Gold and Silver is not that prominent, and sometimes did give false positives in the past, I'd still like to...
Thanks for viewing, Been a while without posting about crypto. I'm just watching ETH for a re-entry point. I was actually thinking to re-enter today but will be watching for a while. The wave labelled (A) I believe is quite clear, meets all EW impulse wave rules and guidelines, I'm a little less sure about the three week correction since 5th of Sept. There may...
Would anyone really wanna be short, down here??... especially in that bullish Deep Crab's PRZ?! Because if "not" then better be short the PMs, especially silver - for now! ...with further implications for the USD.
XAUXAG ratio has reached the support line running from 2011 which has now turned into resistance and bounced back strongly. Our research team expects a bounce in the precious metals market and short term price target for the ratio is 75.