Inverse
HARDBTC is creating a huge inverse head and shoulder 🦐HARDBTC is creating a huge inverse head and shoulder on the daily timeframe. IF the price will have a breakout from the neckline, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
QS - Inverse Setting-UpA day-traders dream, and a solid-state wish for a sustainable energy future. If it beats the coppertop it flies long term. Short-term, there is a pattern to scout.
SXPBTC is creating a massive Inverse head and shoulder 🦐The price is creating an inverse head and shoulder on a daily timeframe, and now the price is testing its neckline. IF the price will have a breakout and flip the current neckline into new support, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Short NASDAQ and Gold!!As per the proven academic hypothesis by Ilmanen(2003), it has been established that in times of growth uncertainty, low inflation and stable discount rates, there is an inverse relationship between Bond Yields and Equity Markets. The simple logic behind it is that, investors are looking for risk free return and if the dividend yield of index which is on average 1.74% for Nasdaq with risk (In Feb 2021 it was 1.34%), is lower than risk free investments i.e. bond then why invest in Equities?
This is the reason why the equities have started to fall now as bond yields are rising. Bond yields have been rising since August 2020 but their yields were not high enough as compared to Equities. Now when the yields are higher than the dividend yield on equities, people have started to invest in bonds.
The same is the case with Gold. Holding gold does not give any return but bonds do and being risk free, offering a higher return than equities, ergo, people have again started to invest in bonds by shorting Gold.
TOMOBTC is creating an inverse head and shoulder 🦐After previous profit , $TOMO.X creates an inverse head and shoulder, and now the price is testing its neckline (weekly resistance) IF the price will have a breakout and flip the weekly resistance into new support, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
macro week bounce zonedepending on how we play out for the next couple days. Watch for that 21k i was speaking of
KNC - Inverse Head & Shoulders? Gains Ahead?KNC has been seeing some long term consolidation, confirmed with declining volume. Looks like we're nearing the end of it.
Interestingly looks like an Inverse H/S formation, which would imply gains ahead.
Clear Accumulation area on the chart, RSI is aggressive and not overbought, MACD is looking like a new uptrend forming.
I'm confident DeFi as a sector will see growth in 2021, and I'm confident KNC will see growth after seeing this chart.
Couple ways that growth could play out however, and we could see a correction still before long term growth. Likely this would end at the support area, or shoulder level.
Play it however you'd like really. If you're patient it'll be hard to not make money in this setup.
This is not financial advice. Want financial advice? Go to a financial advisor.
DXY and WTI ~ volatility pushes inverse relationship If DXY > 91 holds, WTI *could* fall.
When opposite, WTI *could* rise.
KMDBTC is trying to have a breakout from the neckline 🦐KMDBTC is trying to have a breakout from the neckline 🦐. If the price will have a daily close above the neckline of the inverse head and shoulder, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
CHFJPY [SHORT] Inverse Cup & HandleInverse cup & handle formed, wait for retest of neckline looking at a nice long drop down after that.
MATICUSDT created an Inverse head and shoulder 🦐MATICUSDT created an Inverse head and shoulder and the price is trying to have a breakout from descending daily trendline.
IF the price will have a breakout from weekly structure and turn it into support, According to Plancton's strategy, we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
USDCADTF: 1 Hr
Looking for a retrace and a buy. Pattern seems to be potentially unfolding an inverse H and S.
The Big Scoop! Gold v US DollarFollowing up from my previous video on price of Gold, I show an startling inverse correlation between Gold and strength of the US Dollar (DXY).
Before February 2020, Dollar strength basically followed Gold. But after February - the world changed. Keep in mind this was when COVID struck, and the FED flooded the economy with basically 'air money'.
COVID popped the baloon that was expanded recklessly for about 11 years. The FED then put 'sellotape' on the balloond and did a fair job of reinflating it, with more 'air' of course.
The effect of panic-striken money printing was to cause a loss of strength in the US Dollar against other currencies. Other factors like trade and price of Oil also account for Dollar strength in part.
So post-COVID,around April to end of May 2020, the Dollar took on a decompensation pattern and crashed. It could get even worse, as today the FED re-affirmed it's commitment to doing 'whatever it takes'.
This is probably not good news for the Dollar, but it's good news for those seeking upside on Gold.
Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied or implied. Heavy losses can be expected. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, or miss opportunity, kindly sue yourself.
Inverse relationship between DXY and BTCUSD coinbaseI'm a rookie at this but i have noted from several you tubers an inverse relationship between BTC and DXY (dollar index) as well as gold and silver with DXY. When playing with the chart and 1 hr candle sticks, i had DXY charted and then added BTCUSD from coinbase to compare. I zoomed in and out a bit but this pattern with about last 10 days shows interesting pattern. Since im a bit new, is this too specific of parameters or is this an indication of a good short term signal? If this pattern is good indication, seems like a good time to go long on BTC? Thanks all.
10Y Yield vs GoldShould not be a surprising correlation as we are aware of gold & the 10Y from prior charts.
DXY vs. BTC Inverse correlation. BTC short setup for correctionAlong with many other indications that we may be due for bitcoin correction. He is a dollar btc comparison. With dollar nearing major support and BTC at resistance and looking like it might cool off. It is possible we have an inverse move to each other in the near or short term.
Targets for that are not exactly as where the arrows point at on the chart. and might be any of those levels if it were to play out within this month.
BVT - Inverse H&S long ideaInverted H&S on the hourly signals a long trade if it closes above R142. Full target is R154. Stop loss is a close below R138, then trend continues downwards.
SQQQ - This is where champions are madeSQQQ
- Currently sitting on the 1.618 (non-log) retracement from the last major swing low to high.
- RSI showing some macro divergences
- MACD as well
#NasdaqIsABubble
EURAUD broken triangle 🦐EURAUD broken triangle and is creating inverse head and shoulder on 4h structure, According to Plancton's strategy, we can set a nice order
–––––
Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
