The level Bitcoin just touched upon, at $30,200 is a key level of support looking left to the beginning of 2021. I look in more detail at the Fibs, RSI's and Moving averages. LTC/USD uses Fibonacci's and Moving averages perfectly in recent history. The probability of this continuing, thus making trading decisions based on these levels more probable. This whole...
Bitcoin has found support at the 20 day exponential moving average. The number one crypto had got so far ahead of the mean averages, become so overbought, it took a drop of $9,735 in 3 days or $6,008 in one day to come into contact with this well known barometer of market sentiment and recent price action. If Bitcoin were to go sideways trundling along this 20...
I look at Bitcoin in fine detail. The 1 hour chart - this is the chart that effects the most amount of emotions in the general public. So much so, this is the most effectual chart in monetary history. I say so, bearing in mind, the correlation the mother coin, the God coin - Bitcoin - has on all the other various crypto currency's. ~ I look at the daily chart...
Stella Lumens XLM and Ripple XRP are both awaiting a few billion dollars investment into Bitcoin. Sideways movement in BTC will encourage another quadrupling in both these cryptocurrencies we saw from Nov 20 at 13:00 UTC to Nov 24 at 01:00 UTC I would genuinely consider the content of this video. This is not financial advice. I am not a financial adviser.
This is a fascinating insight into Gold. My best TA video so far. Why I am very bearish on gold? There's a litany of reasons in this video. I am adding another Gold video as this one uploads to demonstrate how important the 21 week exponential moving average has been. This is incredible!! The March covid19 sell off dissected and lessons learned for next time!
Gold & Silver - Gold finds support at the Fibonacci 50% ratio retracement level. In Gold - The bearish run could end here or gold could progress to the 38.2 % ratio retrace at $1,688. Silver is also at such a key level. Bang on the 61.8% ratio and a classic double bottom pattern resides here for a phenomenally strong confluence of support at this stage. I was...
Here I look at #XLM #ETHEREUM #ZCASH & #BITCOIN #ETH looks bullish and could target $669 If that's the case other alt coins will come into season!
⚠️⚠️⚠️ℹ️ℹ️ℹ️ IMPORTANT VIDEO ℹ️ℹ️ℹ️ ⚠️⚠️⚠️ Last night before my bedtime, I looked at the Bitcoin chart at 10:00 UTC I saw a classic double top on the hourly chart. I nearly recorded a video and posted a tweet. I wish I had, although I am delighted to have read the chart perfectly. ⚠️⚠️⚠️ℹ️ℹ️ℹ️ MACD TURNED BEARISH ℹ️ℹ️ℹ️⚠️⚠️⚠️ ⚠️⚠️⚠️ℹ️ℹ️ℹ️ First red...
The stock market indices picked up a bid just prior to the US Open. Funds have flowed out of Bitcoin into these indices. If the stock markets occur profit taking Bitcoin could have an upturn. If the stock markets continue to remain bid. Bitcoin could target $14,351 - 7th November 20:00 (UTC) lows. Ethereum has lost the 38.2% Fibonacci and targets $433 the 23.6%...
Bitcoin, Ethereum, and Band look at the importance of Fibonacci retracement. THIS IS TOTALLY phenomenal how the Fibs work perfectly in this video. FIBONACCI is the most important sequence of numbers in all human behaviour. FIBONACCI is UTTERLY incredible, completely exceptional and totally phenomenal! #Bitcoin #Ethereum #Band #BTC #ETH #crypto #defi #fibonacci...
#Bitcoin #BTC #Ethereum # Eth #litecoin #ltc #Chainlink #link #Band #Silver #XAG #Fibonacci #fibs #Chaikin #Money #Flow #Bollinger #Bands #Moving #Averages www.youtube.com
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...
Classical technical analysis using Fibonacci and Elliot wave analysis. On the #Nasdaq100, #SPX500, #Silver, #Bitcoin, #Ethereum, #XRP, and #NEO The Nasdaq closed above the expected fib236 resistance and ran up well in the European trading session. There's resistance at the daily 50 moving average which is about to cross the 20 day (bearish). The S&P500 has had...
#Nasdaq setting up for more downside. #SPX500 could have completed the C leg as its move is equal measured. Although, big picture S&P500 could well correct to the fib 50 of the last wedge down at $2,892 #FTSE has had an extended B leg so I am expecting an extended run up to £6,708 the 618 fibonacci retrace or £6,867 the fibonacci extension. That's what I am...
The Bitcoin chart looks bullish and 80% of the time I'd tell you that the 29 bear trend is over and a multi-month bullish trend has began. However, the stock market could fall significantly in light of the fact that the upcoming presidential election has come during a year of recession and unprecedented uncertainty. There is not a shred of evidence that Bitcoin...
Indices and the #Nasdaq and #S&P500 should bounce at US open on Monday. In bearish trends or corrective moves the beginning of the week brings about bounces followed by continuation of selling. There's also a chance of a bounce up at the end of the week. After Monday I'm looking at big sell offs across these three asset classes. The Nasdaq could fall to $10,420...
Here I look at some interesting charts of Bitcoin, total marketcap and marketcap excluding bitcoin. In Bitcoin and TMC the price points have all recently found solid support at the 100 day moving average, hugging this line for up to 6 days. The fib retracements have also played a key role in support and resistance. Bitcoin dominance is at the key 786 fib. A break...