-As asked in a previous analysis, I see that crypto has been bravely resisting the declines. On the daily chart we saw the formation of an bullish descending triangle, which a priori has been respected in its entirety. That strikes me as a good sign. -Are the bulls waiting for the right moment to break through and go strong towards 34.9K? "Apparently" is what...
-Comparing the Brazilian real with the US dollar means wasting time, as we know that the final result will always be an infinite increase in the US currency against the Brazilian currency. -Below I leave the beautiful pattern "CUP And Handle" formed and consolidated. -As Charles Dow said: "Prices discount everything". -Things usually take time to materialize,...
-In the long term we can see that the US dollar is in a consolidated bearish trend. -Given this scenario, we can say that the dollar tends to devalue against the "Tupiniquim" currency due to a basic factor: "there are several securities on the Brazilian stock exchange with their "valuations" completely outdated", mainly companies linked to commodities. -In the...
-With the approval of the "spending ceiling", the SPX index gained an extra breath, but that does not mean that we will not have a correction later on -With the approval of the "ceiling hole", it is necessary for the Fed to continue to contain inflation via interest rates, but the current inflation will be via public spending. -The homeopathic increase in...
-Graphically speaking, crypto is making a nice reversal pattern. -However, will it succeed, since BTC is the thermometer for other cryptos. -According to the monthly chart, prices are in a trap region, so it can go either way, depending on the strength of Bears and Bulls (pessimists/optimists). We have an LT (dashed green line) which if respected (do not lose...
-Looking at a more optimistic bias, like it or not, the weakening of the dollar against the basket of global currencies (DXY), helps the US a lot. -The price of the commodity that used to be traded almost "totally" in dollars, nowadays has part of its production being traded in other currencies, which helps the US to contain part of its generalized...
-If we take into account that we form a nice head and shoulders at the bottom of the pandemic, prices would certainly seek the region of 10.65% of the US government's 10-year bond. -If we consider the neck region as the starting point for tracing the fate of prices, we will have this bizarre thing happening, an explosion in "treasurys". -On the weekly chart we...
-We have the crypto managed to stay above an important bottom, the 26.5K. -But I see that BTC still lacks the strength to go further. -On the daily chart we have a bullish wedge. -We also have the "C" leg of Elliott's theory. -Now I ask: What comes after her? -I thought like Elliott! -Do your analysis and good business. -Be aware, If You Buy, Use...
-It makes sense?Or Does not make sense. Many standards have been thrown to the ground by BTC in recent months. -But if we have a bubble in this "crypto", for sure the prices are out of place. 10K is at least its proper place. -We have a bearish pivot that projects, at first, to seek the 25K region. -Will looking for the 25K region hold prices down, or will we...
-I confess that I am extremely "pessimistic" about the situation at the moment. -We have many key factors occurring at the same time (wars, embargoes, money printing, dollar boycott) and the consequences of these factors mostly happen after the perfect storm of key events is over. -These facts cause great impacts in human history, where random events combine...
- Honestly, I would like you to answer me what is holding the price of this asset? -Honestly, given the situation at the moment, prices had to be at least in the range of 134.38. And why aren't they at that level? -Let's look to the left of the chart, shall we? Having done that, point me to where there is a plausible support point? Cause I can't see! -Do we...
-Need strength, that's BTC's motto for the moments ahead. -I'll get straight to the point. -The daily chart tells me that it is throwing in the towel, that is, there are no more spaces for increases. -In previous analyses, I mentioned that we had an accumulation of continued bullishness, but this accumulation did not have the strength to raise prices, opening...
-In previous analysis, prices showed that they could try to force a sharper rise, however, based on technical/graphical analysis, I see that prices tend to only seek the region of 4248. -If prices do not break through the informed region, we can strongly correct and look for support at 4052. -On the hourly chart we have prices orbiting the long average, and for...
-As the moment presented, in a previous analysis, the SETUP used showed great possibilities for prices to seek the region of 68.00, even with the consistent cuts of the OPEC+ "cartel". And there went the prices, testing the region mentioned. -I see that the current moment is one of digestion on the part of investors, where they will be poring over their...
-The “good results” presented by the American economy, contributed strongly to an appreciation of the most important index in the world. -In a previous analysis, given the situation at the moment, we had formed a bearish pivot that could seek the region of 3950, however, it was extirpated by the bulls without mercy. -As I have been mentioning for some time, the...
-Based on SETUP, the price of gold reached the SETUP “FIBO Triple Golden” region on the first pivot point high after bottom formation at $1617. -But now, what will happen? If prices really do pursue the $$ 2060 region theorized in this analysis , we could see a double top. For me, where there is a double top, there will be a test at the previous bottom ($$...
"After breaking above the long-term average (white line), the SPX index is in a wait-and-see mode. I observe that there are many rough edges to be smoothed and price spreadsheets to be filled in relation to the economic events so that long-term investors can return to buying. -The surprise involving the American economy is due to two factors: a) The profit of the...
-A quick look at the current situation of BTC prices according to graphical analysis! -Moderate upward monthly bias. First target at $29,187K successfully hit. Other targets: $34,421K (if not broken back to test $20.7K) and, finally, $37,655K (FIBO golden region) and region of second previous lost bottom. -The bias of the weekly chart is bullish, however, the...