Bitcoin has and will bounce at these next key points. A MUST SEELook at Number 1, it was a bounce of that spot. Number 2, we just did that a couple days ago to match that spot earlier this year. We will go down to bounce on Number 3.
Then up top at Number 4, I threw in a 'bear-trap' because that is an obv. place for one to be. Some of us know Bitcoin loves to throw those out before 'mooning' and since it WOULD be a real 'bear-trap' before breaking ATH!
Move
Bitcoin: Guess what happens nextI originally drew this arc months ago and it has been playing out nicely. But now, it's getting very near the edge. A lot of people are expecting a big (10k+) move in btc soon. But up or down? Down looks more likely to me in the short term. If I had to guess, it would be a flash-crash coming in the next 10 days or less, followed by new all-time highs in September.
BTC Possible directionThe next move for BTC could make or break. If the support line of this rising channel holds the next test, this could be a good entry point for a LONG trade. If BTC falls through this support that would probably lead us below 30k BTC price. If this would be the case that breakout down would be a profitable entry for a SHORT trade.
ETH'S falling Wedge and next movesETH is in a falling Wedge pattern and the next support level it will be at roughly $1596 or abouts.
Expect that ETH will come down to this level before bouncing out of the rising wedge with key area between $2100-$2200 and major resistance level at $2700.
It would be good to buy at price rejections level $1596 and take profits at $2100-$2200.
Disclaimer* This is not financial advise, please inform decisions off of your own analysis.
Thank s
Marlene
What DOGE coin was up to, today.On this 15 min chart, we can see how DOGE Coin has been moving a little lower. Also, its volume, where buyers and sellers take action, so the chart shows up that reaction to the marker. We can assign warnings or positions to take accordingly.
For educational purposes only and not intended as a financial advice of any kind.
Volatility - Nothing New Under The SunIdea for Volatility:
- Wyckoff Cycle Mapped.
- Wave Frequencies synced.
- Cause and Effect determined.
- Greater Cycle:
- Bonds Volatility looks ready:
- China Credit Impulse turns negative, consequently the global credit impulse turns negative.
- Liquidity Flow: Credit > Bonds/Currencies > Commodities > Stocks.
Fighting the Fed:
- Reading the Curve:
- Data Suppression:
- Volatility Suppression:
- DXY is in a rising Trend:
- Decision point for the Dollar:
- Dollar is goosed, but Yen seems to be telling, as the Yen is seen as a haven currency and AUD is correlated to inflation:
- Yuan is very telling for the global economy:
- Bond yields (CN & US) are telling:
- Forecast suggests a Volatility spike this summer.
- It is likely that a greater explosion in Volatility will follow... speculating the date to be September Quad Witching 2022 (September 16, 2022).
It's Black Swan season... Look out for them, but they are never the cause. It is all about the Credit Cycle.
GLHF
- DPT
ETH next move consolidating next Up? Eth has since come down as predicted in my last analysis meeting the $2200 support zone.
Now Eth is pumping on the 1hr chart, while the 12 hourly seems bearish and the 4 hour seems to be reversing the bearish trend.
looking at the RSI and MACD here there is a convergence on the MACD while Eth had come down to $2200 indicating that Eth could re-trend upwards now.
So you can be looking for a breakout of the Trend line anywhere up to $2500 as indicated on the chart. Pay attention to the triangle formation, as it could come down to the right the bottom edge of the triangle point, meeting the major support zone approx $2244 again before begining the Bullish up.
Long entry $4200 SL $2390
Short entry $2425 SL $4230 or until buy signal .
*Disclaimer: Not a financial advise. Please inform your decision based on your own analysis.
Thanks
Marlene
UVXY & VIX about to MOVE?Signs of an incoming swing upwards.
Move index showing signs of a big volatility spike.
UVXY money flow showing money is piling into the hedge as they did back in February 2020.
SPY CMF showing the big money has exited (not shown on this chart).
Bullish divergence marked on the charts RSI and CMF.
Higher lows on Thursday and Friday. Wednesday would have been the same if it weren't for the Powell Pump in the afternoon.
Not investment advice. I am not an expert. Good luck to all!
Lithium ETF - Needs a small pause to recharge 🔋🔋🔋Lithium has been one of our most successful 'explosive' trades and it has proven as right.
Our first post on June 17, 2020 was the beginning of a series of trades on our ETFs account and the price has over-doubled ever since.
Later on we posted this about how 'Lithium is power' and indeed we had a further rise of over 40% until then.
At this stage we have reduced our positions dramatically as we expect a correction as shown on our chart.
ps. we do a LOT of research on Lithium and others. We highly recommend this YouTube channel📺 for Lithium research, news and interesting facts, as well as plenty of Tesla research and analysis.
(and also this Lithium from the legend, Kurt Cobain👼🎸)